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> The question is how long something lasts without needing any repair. The warranty is a good approximation of this. No, it's not. That's why some manufacturer
by peferron 4y ago
> The question is how long something lasts without needing any repair. The warranty is a good approximation of this.
No, it's not. That's why some manufacturers offer much longer warranties than others despite having similar reliability numbers. Warranty terms are driven by the business and encompass a lot more than mean time to first failure.
> iPhones are irrelevant to the discussion, lol.
If warranties were a good approximation of how long things last without repair, why would that only apply in the car world?
- endisneigh 4y ago> No, it's not. That's why some manufacturers offer much longer warranties than others despite having similar reliability numbers. Warranty terms are driven by the business and encompass a lot more than mean time to first failure. What's an example of this controlled for the price of the car? > If warranties were a good approximation of how long things last without repair, why would that only apply in the car world? Warranties are a good approximation in the context of cars. Virtually all other consumer devices have a 1 year warranty so it's not really a distinguishing feature. In any case, warranty aside the reason I even brought it up is because many manufacturers warranties imply potential for up to 30% degradation after about 8 years which is why I used the numbers I used (https://www.recurrentauto.com/research/how-long-do-ev-batteries-last https://www.recurrentauto.com/research/how-long-do-ev-batter...)
- josephcsible 4y agoAccording to Consumer Reports, Lexus is the most reliable brand and Lincoln is the least reliable. Cars from these brands are similarly priced. Both of them offer a 4/50 basic warranty and a 6/70 powertrain warranty.