[Tcoat]

Three times in two days this has come up in threads so I can just cut and paste much of my reply.


Extended warranties can be a hit or miss proposition. Some use them and it saves them thousands. Most never have an issue so they never collect and beyond giving peace of mind it was wasted. They are pretty much a gamble with you betting you will have a serious enough problem to make it worthwhile and the insurance company (they are insurance companies) betting you won't and keeping your money.


Things to consider:
The warranty will not cover wear parts and often any parts associated with them. If your TOB goes and takes out your clutch it may not be covered.
Modification of engines or suspension could exempt those things from coverage. Much like the manufacturer warranty if you do something to the engine and they say it caused the problem they will not cover it.
Some warranties are pro rated. They will only pay a percentage of the repairs depending on mileage.
The extended warranty companies are out to make money and they do not make it by paying out easily. You may have a fight for coverage.


All in all read the fine print so you know exactly what they will or will not cover.