Good advice Steve. --- On Fri, 8/21/09, Stephen Russell <[email protected]> wrote:
> From: Stephen Russell <[email protected]> > Subject: Re: [OT] Extended warranty on my 2003 Saab 9-3, and no cash for > clunkers available either > To: "ProFox Email List" <[email protected]> > Date: Friday, August 21, 2009, 11:55 AM > On Fri, Aug 21, 2009 at 10:21 AM, MB > Software Solutions, > LLC<[email protected]> > wrote: > > I love my 2003 Saab 9-3 Arc, but it's just come off of > CPO (Certified > > Pre-owned warranty). It's got almost 93k miles on > it, still running > > good. Dealer offers 2 replacement warranty options > (bumper-to-bumper): > > > > 12 months or 12k miles, $2350 > > 24 months or 24k miles, $2750 > > > > I thought perhaps I'd trade it in using the > Cash4Clunkers incentive > > (which ends Monday according to the front page of USA > Today newspaper > > today), but dealer tells me that my car had to get a > lower-than-mine gas > > mileage (I get about 25-27 mpg in the city!) and my > car had to be older > > than 2001....which it's not. So, I'm kinda stuck > with this one. The > > reason I don't trade it in on something else without > some huge deal is > > that I owe like $12k on it, but the dealer auctions > only give the car a > > value of $5500. So I might as well keep it. > > > > Do you think this extended warranty offer is a good > one? I might as > > well get the 24-month one since it's just $400 more, > and with my car, it > > doesn't take long to get to a $400 repair. :-( > ----------------------------------------- > > So you are going to prepay for potential repairs now on a > monthly basis? > > Start a savings account for Car, and put 150. a month into > it. If you > build up 2 years of deposits and no problems, you use that > $$$$ as > your down payment on replacement vehicle. > > Pay yourself for the issues and you will find that you are > working > money much smarter. > > -- > Stephen Russell > Sr. Production Systems Programmer > SQL Server DBA > Web and Winform Development > Independent Contractor > Memphis TN > > 901.246-0159 > > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: http://leafe.com/mailman/listinfo/profox > OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[email protected] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. > _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
