I know this is going against most of the posts on this subject. But I just do not believe in extended warranties for any new product. I know this is the first year of production and maybe you could make an exception, but… I just can not see it. I have been on the sales side my whole career and what I have seen in any commodity based purchase when price point is an issue companies will use warranties to build “fat” into the deal.
If I am spending over $50K on anything (besides a house) I expect the manufacturer and seller to stand by their products. If a company sells a product or service and then tells you that you need an additional warranty to protect yourself against the product, it either means that their product sucks or they are trying to figure out a way to drive up profits. Chances are you will spend more money on your warranty then you will ever fixing the problems that it “should” cover.
I rail against extended warranties every chance I get regardless of the product. I will be putting my money where my mouth when my H2 comes in the end of December, there is not way I will buy an extended warranty. I have been reading and contributing posts for the last few weeks and I have not seen evidence that there are any major issues with the H2. If I thought there were I would wait until next years model or spend my $50,000 plus on something else. Keep in mind that a good percentage of the money you spend on that warranty is going into the salespersons and their sales managers pockets. Take the money you would spend on the warranty and go away for a nice weekend (in the Hummer of course).
Seth
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