Comments by "TeeKay" (@teekay_1) on "Customers Claim Warranty Companies Refuse to Pay Out" video.

  1. It's surprising people keep making the payments to the vendor of the extended warranty after they refuse to fix it. Seriously, if you want to buy an extended warranty, ONLY buy one from the manufacturer. They're cheaper, they're more comprehensive, and the dealer takes care of it. Dealerships, ironically don't like carrying the manufacturer's extended warranty because there's not much margin in them. In that case there are dealerships that sell them online. And they generally sell them 30% or more off MSRP. I have experience with Chrysler and Honda extended warranties, and yes, generally they don't pay for themselves, but they make the car a lot easier to sell privately, since you can get them for up to six years, and the warranty transfers to the new owner.
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