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Is the extended warranty worth it??

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Old Oct 29, 2007 | 07:06 PM
  #1  
12AMRDR's Avatar
12AMRDR
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Is the extended warranty worth it??

I just bought a 2004 MCS, JCW. It only has 3k miles left on the warranty. I am very tempted to buy the extended warranty on the mechanical as well as an extended warranty on the services. All in all I am looking at a little over 4k. I don't have the money as of now and will probably have to put it on my credit card. My question is: Is it worth it? Labor from the dealership is 110 an hour. Has anyone actually needed to use it? PLEASE HELP!! Time is running out fast!

PS I added a photo too
 
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Old Oct 29, 2007 | 07:34 PM
  #2  
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flav
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$4000!!!!! Are you kidding me!!! Are you planning on having to have your engine replaced? Sorry thats the biggest rippoff i ever heard. If that covers you till 200,000 miles go for it, if not save your money and pay for repairs as they are needed. Wow $4000 i cant get over how much that is. Think about it.. If you paid $20,000 for the car thats another 20%!!!!!
 
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Old Oct 29, 2007 | 07:41 PM
  #3  
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jeffc
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Joined: Sep 2006
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From: Orange County NY
I paid $2000 for mine and then got my money back the following week when I found out that there was zero tolerance on modding. I took the 2k banked it and eventually used it for mods
 
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Old Oct 29, 2007 | 08:32 PM
  #4  
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12AMRDR
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Thanks Flav and JeffC 4k is a lot and I can defiiately save the money for so additional mods.
 
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