Originally Posted by rean1mator
yeah, I'm waiting on that list now. Told the dealership i wouldn't finalize this until i had plenty of time to review the actual agreement.
Typically such warranties sold by the dealership don't benefit anyone but the dealership---they're exceptionally high profit items whose real-life value is questionable at best.
Who administers this warranty? Who does the inspection after an issue is discovered, who is paid for repairs? Does this warranty require you to pay the repairs and wait for reimbursement? Any online info about those who already own this sort of policy and their experience with it in actual use? Is this same policy available through anyone else except dealerships?
Sure there's a chance costly repairs will crop up during your six years anticipated ownership---we all have that risk of any new product we buy. OTOH buying that warranty is a 100% sure way to lose a lot of money that has a low chance of paying off in the future.