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Warranties - Over-extended Credit

1114 Views 3 Replies 4 Participants Last post by  cca
I keep reading on this board about MDX owners who have purchased extended warranties on their vehicles so they could sleep better at night. I don't understand. You pay close to $40k for a vehicle, yet you are worried about the slight possibility of a couple thousand dollar repair bill years down the road? It bothers me because it appears these people are over-extending themselves credit wise to purchase an MDX. If you are worried about repair bills, then buy a cheaper vehicle and save the extra money to pay for any repairs. A person who purchases an MDX should be able to comfortably pay for any repair bills that might arise.
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It bothers me because it appears these people are over-extending themselves credit ..

I've never gotten out of the various posts that people were "over-extending" themselves but if they are, so what. That is their own choice and I don't believe it is any one else's business to judge that. In my situation an extended warranty is not a good idea. For some one else it might be different. If it helps them sleep better at night and reduces stress in their lives, then they should get it, even if it does over extend their credit. Because being content and feeling secure with the choices one makes is more important than money. That is the underlying choice for many people that buy the warranties.
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