Originally Posted by
Bill Howatt
Fascinating - we all want to save money.
I looked at the US Consumer Affairs page on this and it showed the Platinum (bumper to bumper) plan from Endurance to be $122 and from Olive about $70 more. This is for a 2019 Chev Equinox with 51K miles.
Now if I applied this to my 2017 Grand Caravan, I would have spent $122 x 84 months = $10,248 - is this correct? I've never bought one of these. Perhaps, buying with a new car is a lot cheaper?
Going back to the Grand Caravan, the amount I would have claimed outside the wear and tear (brakes) is $0.
For my much older 2005 Grand Caravan: A rough estimate says that I have spent under $4000 Cdn (about $2600 US) in repairs on my old, still being used, 2005 Grand Caravan apart from the brakes and tires stuff but I admit it could use some shocks now but it isn't worth putting the money into.
Of course, nobody has a good crystal ball, so knowing what future expense will be as strictly a guess - the transmission could have fallen out but it didn't.