The Troubleshooter Archive

warranties

Tom Martino, The Troubleshooter
  • Used Car Warranty? I Would NEVER Buy One. Here’s Why.

    Used Car Warranty? I Would NEVER Buy One. Here’s Why.

    I would never buy a used car warranty. Why? The escape clauses. Almost all of them have them. If yours has any of these, beware. 1. The “effective date” trick Some used car warranties start on the day the car was originally put into service. Yes, really. Buy a 5-year warranty on a 3-year-old car,…

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  • New Car Extended Warranty? Don’t Fall for It.

    New Car Extended Warranty? Don’t Fall for It.

    Here’s something funny about extended warranties on new cars. First the dealer sells you on how reliable and dependable the car is. Then they try to sell you a warranty, because it’s apparently not that reliable. Kinda makes you think! It’s not really “extended” Say your new car comes with a 3-year or 36,000-mile factory…

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  • Home Warranties: Pay Now, Find Out Later What’s Covered

    Home Warranties: Pay Now, Find Out Later What’s Covered

    I have a basic problem with home warranties on used homes. It’s simple: they don’t cover anything. Let me explain. How it plays out Say you pay a $900 premium. It’s based on the home having 10 appliances plus a furnace and central AC. A few months later, your dishwasher dies. You call the warranty…

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