I bought a service contract on a Dodge Stratus that I purchased used with 50 or 60K. Cost about $1200 on a $5800 car. seems dumb, but I knew I couldn"t afford a 3,000 engine or tranny rebuild and I am a Ford guy and didn"t really trust the dodge. The plan was a Chrysler plan and I don"t think I would buy one that wasn"t from a major manufacturer. On one hand, the plan more than paid for itself. I hit a raccoon tore the bottom of the radiator and condenser loose and they covered it, they put a timing belt in, a head gasket and various miscellaneous items 3 grand or so. But the other side is: I was having my oil changed at the dealer and I think they were pretty adept at finding something wrong at every oilchange. it was always covered under the warranty; I only had to pay the $50 deductible.
All that to say: I would only buy extended warranty if I absolutely couldn"t handle a surprise blown engine or some such major failure. Even then, I would only buy from a very reputable source.
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Today's Featured Article - Show Coverage: Argyle and Mt. Pleasant Labor Day Weekend Shows - by Cindy Ladage. The last fling before summer fades into fall and we get busy in the fields are the annual Labor Day tractor shows. Beginning on September 5th and running through the 7th, the Argyle Antique Gas and Engine Show is held at the Argyle State Park. Located in West Central Illinois, the pine forest was the setting for the opening of the 22nd show. This year we decided to try to sell a few tractor parts, literature and wrenches to offset my husband's buying sprees. Saturday
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