- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Extended warranties
Posted on 2/20/24 at 7:14 pm to TDTOM
Posted on 2/20/24 at 7:14 pm to TDTOM
It’s all statistics and analytics for the dealer/OEM to come out ahead. It’s a roll of the dice individually, with slight odds in your favor.
Like earliers stated, it’s more for peace of mind (kind of like how insurance would be if not required).
I’ve never got it and worked out so far (knock on wood).
Like earliers stated, it’s more for peace of mind (kind of like how insurance would be if not required).
I’ve never got it and worked out so far (knock on wood).
1
Posted on 2/20/24 at 8:23 pm to Rouxdee
quote:
It’s all statistics and analytics for the dealer/OEM to come out ahead. It’s a roll of the dice individually, with slight odds in your favor.
It’s just an accounting liability and they never work out in the consumers favor at anything other than the individual here and there.
A typical warranty is basically half commission to the stealership for originating it, 25% going to warranty co opex and 25% into the actual reserve account. Once you figure out why they only need 25% reserves you’ll figure out why they’re such a bad deal.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News