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Just to throw my two cents in on the subject of extended warranties... In May I bought my '01 Boxster, and the factory warranty ran out in November. During that time, I had a couple of little things fixed under the factory warranty - my HVAC controls had a couple segments on the LED go bad, and I also had the transmission mechanism on my top break. All of it was fixed under factory warranty. The bill for the HVAC was over $1000 (mostly the part from what I understand), and the top transmission was about $700.
I bought an extended warranty from Warranty Direct. I did some research and they've been around a very long time, and I had a hard time digging up dirt on the company. Their converage most closely mimicked what you'd see covered on a factory warranty, and they will let you have the car serviced by the dealer. My coverage was a little over $2000 to extend the warranty by four years and up to 100,000 miles. Knowing how expensive these cars are to have fixed, if only what has gone wrong over the first six months I've owned the car go wrong in the next four years, I'll still be pretty close to breaking even. And I'd hate to have everything sunk because that unlikely failure just happens to occur on my car, and I'm making payments on a car I don't have $9000 for an engine rebuild and a Bxster without an engine is obviously not going to get me much money out of the deal.
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