#Deductible

Hi Sajeev,
I have a 2010 Audi S5 with about 45k miles. My local mechanic recommended Mercury Warranty for mechanical breakdown coverage… is $4,700 a good deal for 5 years, or an additional 52k mileage in coverage?

I’m worried that it would be easy to add up to that $ in repairs.

Your personal information is valuable.

When I liquidated vehicles for Capital One, we typically examined over 14,000 variables before lending out our money to a customer.

Any customer. A credit card. An automobile. A commercial loan. It didn’t matter. We needed to get to know the economics of you first.

All of the low rates and big profits were dependent on buying your personal information, and then crafting decision models and metrics to determine your personal risk.

Our success in auto finance generated low rates for our customers and low delinquencies for our investors. But they both could have been far lower.