Mecinoid

I never buy an extended warantee anymore. You can't mod your car, race your car, do burn outs, etc... There is a super long list of things they use to void your warantee with and believe me they have in my case.

After a couple of claims that the warantee companies would not pay and they made me pay the dealer prices, I said nut to them. I can get things fixed for less through qualified ASE Mechanics or do it myself.

Also remember they do not pay out on items that do not work the way you want them too. slow motors etc.. Only items that are broken. If it still works even intermittantly they won't pay. It has to be completely broken and replaced. Some find ways around that though.

Now looking back at the thoundsands I've saved... I'm happy. You have to understand though; I've bought a new vehicle just about every year of my adult life. That includes, boats, motorhomes, JEEPs, Quads, etc...

If something comes up I just fix it myself. Most everything I've had to fix has been under $500. Don't forget things like brakes, clutches, tires, wipers, oil changes, fluid and fluid changes are not covered. That is where I spend the most money.... Tires have been the greatest of all these evils for me.

If you blow a tranny or engine it's still cheaper after 3 years to buy a one used at the junkyard. Oh, and you get a warantee with that. You don't a new motor in a car that has 36K on it imo. Rebuilt is just fine. That comes in about $2K ... BUT, you have to be able to do your own work. It's the labor that gets most people.

So in closing ... For some it's still worth the cost due to the labor part of things.