Comments by "flagmichael" (@flagmichael) on "Should you buy an Extended Warranty for your Toyota?" video.

  1. Perversely, I am always glad when warranty runs out on something I have bought. I do not have to wrangle with the warranty administrators; I take care of it myself on my own schedule.
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  2.  @justinb1536  Gold does not always go up. In August it was $2070; now it is $1837... an 11% loss in half a year. I remember January 1980, when there was so much hoopla about Gold hitting $850 (equivalent to almost $2700 today). Within a couple of months it dropped to $300-$400 and stayed there for years. Gold has lost about $100 per ounce just in the last month.
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  3.  @TheCarCareNut  You did good.
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  4. My 2002 Prius (now my son's) needed its first repair besides the usual consumables - tires wiper blades, 12V batteries, a windshield (Arizona is the Land of Flying Rocks) - at 198K miles: the inverter coolant pump. $150 plus a few hours getting to it and life was good. It just got a hybrid battery rebuild ($2000) out of my pocket at 210K miles and 19 years old. Would I really have spent only $100 per year for an extended warranty that would actually have paid for those, and would it have extended past 200K miles? Sure, why not? Any wacky thing could happen.
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  5. I have had Prius cars for 19 years and never knew about the filters until I saw the video here. What an eyeopener! So simple a thing that is so incredibly important. (Now I have the filter element for the gen 3 Prius and have to actually install it.)
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  6. I don't think the rear main seal went out three weeks after you got it, but more likely about that long before it was traded in. A pre-purchase inspection probably would have picked it up. Ditto with the steering.
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  7. Here in Arizona broken windshields are more common than flat tires. Glass coverage on the auto insurance is usually very cheap.
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  8.  @marklintwo  Rant follows: I have soured on Hondas over the last 20 years or so. They seem pretty good for the last decade or more, so they have dropped off my "do not buy new" list. Toyota would never have let anything like the notorious fuel pump relays go for so many decades, or the automatic transmissions between 1998 and 2005 that earned the 2003 Accord the second worst record in carcomplaints.com 's database.
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  9. I don't have one of those engines but it is the sort of thing that interests me... and probably a lot of your subscribers. You are an "under the hood" type of presenter and attract trouble hounds like us.
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  10.  @Trex6767  That's the central issue - the cost times the likelihood. I haven't had a rear main seal problem in the 25 years I have been using synthetic oil... it can happen, but what are the chances? That is why I check carcomplaints.com for common problems and carsurvey.org for satisfaction for the model and year I am considering. They don't help much on newer cars but they flag the really bad stuff.
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  11. MB certainly exceeds most peoples' budgets for maintenance and repair!
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  12. Reliability is what has me hooked on Toyotas. I like the fuel economy and features, but I love the reliability.
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  13.  @pepeshopping  Especially see if the value of the car limits what will be done. If Blue Book is $2000 on your very well maintained Camry and it needs a $2500 repair (that you could do yourself for $800 plus a bunch of hours of your own labor) the warranty may be worthless.
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