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Old 10-25-2012, 05:36 PM   #39
wbradley
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Firstly, can't help but notice how many people ask for advice making big decisions on this forum. Perhaps that is due to the relatively low average age of the registrants. Just an observation.

IMHO extended warranties are great...if you are buying a second hand high end car like a Merc or BMW that is at or close to the end of its bumper to bumper. I'd hate to lay out $5k unexpectedly to swap modules or something on a 2008 5 series. The warranty caps the maximum repair cost at the cost of the insurance, ensuring affordability. I couldnt justify doing that with a brand new Toyota or Subaru product. You have several years to determine if your vehicle will be reliable. I'm thinking huge repair bills are rare on these makes.
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