[hmong337]

I got a letter in the mail stating that I am still eligible for extended warranty. I purchased my car with only the basic warranty 3yr/60,000kms.

Having owned the car for only 1.5 years (purchased July 2013), I'm already at 48,000kms! So I'm pretty much out of warranty within the next 6 months. But I'm financed for 5 years. And given the fact I do ~32,000kms a year (125km daily round-trip to work), should I opt for the extended warranty?

My biggest fear is expired warranty but still financed then having something major fail- having to pay out of pocket to repair on top of the loan.

Originally, I went into buying this car with extreme confidence in reliability- saying no to all the extended warranty options. But I'm having second thoughts now. I maybe should have put warranty coverage to cover the length of my financing term with enough mileage protection too. Hmmm...

They gave me an option of an extended 3 years/200,000kms for $2100+taxes. That would cover most of my finance term and also cover the mileage I rack up within the term.

Please chime in. What should I do? I don't track this car or beat it up much. I drive it like a Toyota Camry for the most part (except for corners ahah), and it will likely be 99.7% stock for the duration of my financing period. Reliability is number one to me and I take extreme care of all my vehicles.

Go for the extended warranty and pony up the cash just to be safe?

Or no, this car is bomb-proof and will last 500,000kms! Just change the oil.