Quote:
Originally Posted by puckybadger
Extended warranty=waste of money. Take that $ and put it in the cookie jar to use for repairs that would have been covered under the extended warranty, bet you'll be money ahead. Extended maintenance contract, which I purchased for $2800 for a total of 7years/125K miles I feel is a value, if you keep the vehicle. I just turned 70K on mine and plan on taking it to 200K like I did on my trouble free 2004 4.4
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It's definitely a gamble. But don't you get your money back in a pro-rated fashion if you end up getting rid of your X5 before you've used up all your extended warranty?
I know it only takes one large issues, for example with the sunroof, for you to be out thousands of dollars. Add one more issue on top of that, for example the A/C, and it's time to dump it.
I have two options: get the extended warranty and keep the car until the warranty runs out, or sell the car now and trade it in for another SUV. I have roughly 3,500 miles to think about that.