Extended warranties? worth it?

[joe.p]

Oh yeah - he told me that too - just follow your manufacturer`s guide...he even told me that if you do your own oil changes then just keep the receipts in a folder or with the car.

i have a folder i store all my receipts in,then i put down on a notebook pad who done the work and where, the mechanic who performed the task,mileage,date,and location,how much $$$. Good job on all the work you put into this.The Warranty is just like car insurance,we hope we don`t have to use it but it is their just in case..

[BLACKWRX]

if its an american car get the warranty....if the warranty covers ALL major electrical and mechanical parts and systems it is definately worth it

[groebuck]

I did actually get a warranty. 5starwarranty.com - they are directly insured (important - if you seen Risk Retention Group in a contract - run). Insurer is AM Best A+ rated, D&B Listed. They only offer one type of warranty, exclusionary. That means only the things they list are NOT covered. That actual list was pretty small - normal stuff, breaks - shocks - exhaust etc..things you would replace anyway.

It was 1300 for 3 years /36000 miles. That is 3 years from now and 36000 miles from now (be sure that is what you get and not total mileage). Even if I never use it - it`s piece of mind. I figure I pay car insurance IN CASE I have an accident.

[Poorboy]

If it made it this long with no major problems, the chances are it will go three more years with limited or no problems, especially since it is low mileage.
I personally would pass on it as I about to do with my 3 year old van which also have low mileage. I keep getting offered an extended warranty but I won`t even hit the original 36K covered for 5-10 more years to come

[groebuck]

You know my luck PB - remember what brought me to DC in the first place?? my Brand New Acura with the acid rain damage ?? :lol

[Poorboy]

But since then you`ve had plenty of cake