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If they offer me a good price for the warranty, I think I'll take it. New motor with probably expensive parts. I liked to do my own work on my cars when I was in school, but with a new full time job I have to evaluate how much my time is worth. It may pay off to have the dealer do warranty work rather than take off time from work to fix something. Also this will be my daily driver and the warranty provides a loaner vehicle if I need it when my car is being serviced.
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