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Buy a warranty at 50,000 miles?

Discussion in 'Gen 3 Prius Care, Maintenance & Troubleshooting' started by Lynn Whitney, Nov 16, 2014.

  1. Lynn Whitney

    Lynn Whitney New Member

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    When a company cold calls and offers a warranty like this, is it a scam?
     
  2. bisco

    bisco cookie crumbler

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    yup. tell them you already have a warranty, its represented by the badge on the front of the hood. welcome to priuschat!(y)
     
  3. Munpot42

    Munpot42 Senior Member

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    Is it a scam? Is the Pope Catholic? Does a bear shi....? You get the idea?
     
  4. DoubleDAZ

    DoubleDAZ Senior Member

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    It's not a "scam" as defined in the dictionary, you'll get the coverage you pay for. However, it is a scheme that definitely favors those who sell them over those who buy them and are generally not recommended, especially for the Prius. The Prius has a pretty solid track record of needing minimal repairs until well after 100,000 miles. So the thinking is that if you can afford the cost of a warranty, you can afford to take the chance that nothing major will break that isn't covered by standard warranties. If you are interested, I'd be very wary of a 3rd-party contract. Friends who bought those say they never will again, dealer warranties only if they buy one in the future. I don't recommend one way or the other. I got beat for $5,000 on our van because I didn't buy one, but that's not necessarily a reason to buy one in the future. I'm still ahead financially by not buying them for the 6 new cars I've bought over the years.
     
  5. Lynn Whitney

    Lynn Whitney New Member

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    Thanks for the advice!
    Lynn
     
  6. JimN

    JimN Let the games begin!

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    It's a cold call. IMO, it is almost guaranteed to be a scam. If they are calling someone on the Do Not Call List then they are even less reputable.