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what happened to the "only renting cars from now on" position?
that warranty sounds like a massive upsell to me... how long is the non-extended warranty for? i can't imagine you will keep this for 7 years or 100k miles (no offense..!)
swedeee-
puck you man. 5 months without a car was enough for me lol. Too restricting given I like to go into the mountains 2+ times a week. And ubering was actually ending up being very expensive.
Standard warranty is three years. Since posting this I've decided to cancel it. Soz for making anyone read my comment.
JB
Need some advice on extended warranties…
Got a new Mazda CX-30 on Monday and got an extended warranty. Can cancel the warranty if I want to within 30 days (24 days now I guess).
I added it for peace of mind initially, but I’m not sure if it’s worth $60 a month. The cost isn’t a problem. Just not sure if it’s worth it.
It is for 7 years or 100,000 miles and has $0 deductible for - in Mazda’s defense - a lot of stuff. Windscreen damage, wheel damage, electrical faults, transmission issues etc etc. pretty much everything. Including issues that are the drivers fault - e.g if I hit a rock and damage something underneath the car. That type of stuff. Also included roadside assistance.
My main hesitation is I figure any major issues with the car - for example a busted transmission - will likely happen after 100k miles. Modern cars are the most reliable they’ve ever been, and I fear this is money down the drain in the long run.
Part of me thinks $60 is nothing and is a good value proposition for the peace of mind, but part of me wants to spend as little on a car as possible. And it is still $3000 in total, before interest. And part of me thinks putting $60 into my savings account every month makes more sense.
For what it’s worth, it’s parked under cover, off street, in Southern California. I anticipate driving 8000 miles a year, but will take it on light gravel roads occasionally to get to trail heads/camping etc.
Thoughts?