I'm probably in the extreme minority, but I believe in extended warrantees.
I had one on a Ford Escort which began to idle very rough after a local
trip. Took it to the garage and after a week, with the engine spread over
two bays, the Ford area rep found it was from a camshaft which wasn't
hardened properly! Except for a $50 deductible, it covered all the repair
and car rental; some $5000+ worth.
Today I went and purchased a max care extended warrantee on my wife's
Sebring Convert. Went with 7 years/50k miles. Covers everything except for
consumables with a $100 deductible. (Car wasn't eligible for the 7/70 as it
was a former rental.) Bitch all you want guys, but it's just piece of mind
knowing that wherever I go, Chrysler will cover everything from towing to
room rental and meals to car rentals and full repair and all I pay is the
first $100. (I hope I never have to use it.)
One thing when talking warrantees is that (like everything) the price is
negotiable. What I did was to search the web to determine what I could get
this particular warrantee for from another Chrysler dealer (which turned out
well under what the local dealer was quoting.) Printed off the page, took it
into him and he met the price.
I look at this the same way I look at any insurance, life health or