Texas Lemon Law Cars and Extended Warranties

Posted on March 22nd, 2009 by Wildplus

I recently found some time while working at my law office and stumbled upon a great article written by Ellen Phillips of the Chattanooga Times Free Press. Ms. Phillips wrote briefly about whether one should purchase extended warranty, especially when faced with the dilemma of either not buying one and having an expensive item break, or buying one and wasting money on an item that may not need foreseeable warranty repair work done on it.

Ms. Phillip’s answer to this dilemma is to have the consumer evaluate two factors before buying deciding on whether to buy extended warranty or not. First, the consumer should determine the specific services and coverages of the extended warranty terms, and second, the cost and value of the consumer’s peace of mind. Ms. Phillips pointed to a recent Consumer Report article that pointed out that the cost of extended warranties may be as much as the actual repair work itself.

Speaking of peace of mind, having extended warranty on a product such as a car does not guarantee that you will be worry-free. For example, if you bought a new car and have taken it in 4 or more times under the Texas lemon law and the service center is unable to properly diagnose the defect and fix it, then having additional extended warranty beyond the standard manufacturer warranty period is virtually useless.

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