Extending His Warranty

We are what we do, to a large extent, and Milton Altman was used to calculating what is and is not a good deal. So when the retired drapery salesman bought a used car at the age of 95, he rejected an extended warranty on the grounds that it was unlikely he'd outlive it -- the warranty would have expired when he was 102.
You know where this is going... the penny-pinching salesman died at the age of 106. The Chevy was still running.
By
Patricia Sullivan
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May 7, 2008; 12:23 PM ET
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Patricia Sullivan
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