View Full Version : Extended Car Warranty
Thomas Gabriel
07-21-2012, 01:42 PM
I can get a 80km, 96month, $100 deductible warranty for $1500. I plan on selling the car privately in around 6 months.
Do you guys think the resale value of the car will increase by the same amount or more?
CanmoreOrLess
07-21-2012, 01:51 PM
Is this a brand new car?
AE92_TreunoSC
07-21-2012, 01:53 PM
Most people I know do not take aftermarket warranty into consideration when buying a vehicle privately.
Redlyne_mr2
07-21-2012, 03:01 PM
Extended warranties are a huge asset when selling a car privately. What kind of car is it?
Thomas Gabriel
07-21-2012, 03:35 PM
Nope. It's a four year old lease buyout. It's a 2008 VW Rabbit with 38km.
CanmoreOrLess
07-21-2012, 05:00 PM
Anyone buying a five year old VW would be giddy at getting a warrantee, so yes would be my vote. Mixed bag from Edmunds (fairly solid car overall, such low kms as well):
http://www.edmunds.com/volkswagen/rabbit/2008/consumer-reviews.html
i would if i were you, especially for german cars, the extended warranty will not only add more value to your car ($$), but also help you sell it quicker.
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