Quote:
Originally Posted by vegasX5
I personally like the self insure + DIY route. For the 3 year warranty for $3500, I'd rather sock $100 away into a money market account and tap into it if you ever have a serious repair bill. For the most part, the things that will crop up are annoying but not terribly expensive to DIY. Brakes every couple of years for ~$400, an occassional CV (I do the whole joint for ~$110), window regulators, FSR, regular PM, etc. If something like a transmission or another big ticket item comes up, pay it from the reserve fund you've been contributing, and if that failure never happens before you get rid of it, you have an extra couple of grand in your account. Of course the discipline to set it up and stick with it is the hard part  |
VegasX5 brings up a good point. If you have the ability and time to go the DIY route, then putting money away may be the best option. When we made our decision (to get the extended warranty and maintenance plan). We were both working 60+ hour weeks, and barely had the time to do laundry, so the extented warranty option was an easy choice.
Now that we have both cut back our hours to normal, I am doing everything that I can myself, and if offered an extended warranty now, I would decline it. So if you have the time and are mechanically inclined (remember, this is not a Chevrolet), you might consider not getting it.
Peabo