By the time I get home from work, I will have less than 100 miles until my original warranty runs out.

My car's been running fine but I'm worried about Murphy's Law and thinking of buying the ext warranty tomorrow.

My local dealer uses Easy Care and I'm looking at their 3yr, 36K add'l miles, $500 deductable package for about $3450. It was $3850 but the Finance Mgr is giving me $400 off.

Originally I was told by another person on M5Board that was selling ext warranties from Fidelity (I think) and he looked at my mods list and said the adjuster will most likely void my warranty once he looks at my car so I thought I had no option. But when I talked to the Finance Mgr at my local dealer, she said their service would be the one evaluating my car and making claims for me so there's no third party adjuster that needs to get involved. She read the policy and the only thing they explicitly cited was that they wouldn't cover aftermarket CDs, stereo equipment and navigation. My main concern is the tranny.

Anyway, my wife thinks I don't need it.

What do you guys think I should do? Need some feedback by tonight cause I have to make a decision by tomorrow morning.

Thanks everyone.

 

how much is the max payout from the insurance co?

 

Not sure I understand. If an item is covered, don't they pay for the full repair? Are you saying some companies would only pay up to a certain amount?

 

yup, that's where they get you. find out before buying it.

 

Talked to the Finance Mgr and she says there's no cap. She read a statement from the policy that said they'll cover for the parts and labor for the repair of any mechanical failure of a covered item.

 

For the peace of mind i would go for it tony. It's not too bad compare to some major bills later on.

 

I would get it Tony...You could easily pay that with some common transmission issues that may arise....

 

Yes, get it. No brainer. Plus, what's $4K for a guy like you? That's pennies. Do it.

 

$4K to save towards a supercharger to blow up my motor or $4K to warranty against a motor and not be able to do anything else to it anymore.

 

Save the $4K. Roll the dice.