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extended warranty indecision

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Old Nov 21, 2008 | 07:31 AM
  #1  
Tess's Avatar
Tess
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From: Little Rock, AR
extended warranty indecision

https://www.northamericanmotoring.co...ended+warranty

See my post on that thread.

Anyone have any opinions, suggestions? I think the quoted price of the EW is ridiculous.
 
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Old Nov 21, 2008 | 09:19 AM
  #2  
oldbunratty's Avatar
oldbunratty
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From: Little Rock, Arkansas
From your original post in the other thread, it's hard to say whether this is a good deal under the circumstances or not:

Originally Posted by Tess
I'm at 40,000 miles, already have the extended 100,000 mile maintenance agreement but was wondering about extending the warranty, which is how I ended up here.

As far as the maintenance, I extended that when I read that a brake job alone is well over $1000 and the MA only cost me $1200. Plus I drive a lot of miles so that 36,000 MA would have been done in about 14 mos.

I called the dealer yesterday about extending the warranty when I hit 50k. I was quoted $2600 and $3200, with $50 or $100 deductibles, which are waived if you take it to the dealer.

That is a lot.. and of course they offered 10% down and 12 mos for 0% financing. But ****, that's over $200 per month for a year !!

I've only had a few minor issues with my car.

Between what I've read here, and the cost.. I'm leaning toward taking my chances.

I actually had thought about trading in for a new car, it would probably cost me less than that $2600 EW! But, they only have 2 new ones on the lot.. guess I could considering ordering one.. but I do love my Toro
I thought hard about it but didn't go for the EW (and got lucky b/c Roadshow ended up replacing the engine on my '03 MCS right before the warranty expired and they extended warranty on the new engine), but I don't put nearly the miles on my car (only about 10-12k/year) as you do. I'm about to pay out of pocket for my first brake job, so may wish I'd done the extended maintenance. EW might be worth it in your case?
 
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