Extended Warranty..Yes or No?

Sep 04, 2003 3 Replies

Tough question but let me elaborate. I work on my own cars, with the exception of warranty repairs and always have. First thing I do is purchase all the FSM for any car I buy. My Caprice has over 300k miles on it and runs fine, my T-bird has 187k miles and is for sale because I hate but it runs. My Caravan (don't ask, my wife had to have it) has 44k and has been in 4 times for warranty stuff, but the extended warranty was free with it so I pay nothing. I haven't had a car not make 200k miles and I attribute it to oil/filter every 3k and common sense in the choice of cars.



So anyway, I just purchased a 2003 Jetta GLS for my daughter/wife and of course am going to get the Bentley manual and I am also considering an OBD II scanner because I can use it on my Dodge as well.



So that brings me to the ultimate question.......



Extended warranty (100k miles no deduct at $1700) or not? I have the standard 4 year bumper to bumper (actually 3 years because this is a 2003 dealer demo car) and the 5 year power train as well as the emissions warranty that everyone gets.



All the normal stuff like starters, alternators,master cylinders, sensors etc I can easily handle.



Pistons falling out of the 2.0l engine is beyond my abilities.



So what's the skinny on these cars? Do they suffer from MAJOR ($$$$$$$) expenses or just the normal stuff? Should I spring or not?



Psycho



Not to mention the warranty company going bankrupt like warranty gold's carried recently did. Joe

Also not to mention that the insurer may fight tooth and nail to deny coverage.

You should get the 10yr/100m warranty. It's free! Oh wait......... they don't give that anymore.

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