Quote:
Originally Posted by floydarogers
Perhaps because people buying used cars (rather than new so that they don't pay for the massive depreciation) are smart, and recognize the fact that *ALL* aftermarket (even BMW) warranties are going to cost more than they will get in return (on average.)
Warranties are almost always a profit for the seller. Why do you think the dealers are selling them?
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I get that they are a profit generator in the sense that the majority of people will never actually have a problem so they are just collecting funds, but for notoriously unreliable vehicles that have taken massive depreciation hits, because of maintenance costs is what my question is pertaining to. like an early 2000's Mercedes S65AMG for example.