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Extended warrantees are usually not a good value for any product including automobiles. When sold by auto dealers, 30% or more of the premium goes right into the dealers pocket as commission. I have seen these warrantees marked up as much a 100% over cost by some dealers. It is a huge profit item for them.
Take the money and put it in a conservative investment. If you do this with all your household appliances, electronics and vehicles, and pay the repairs out of your pocket you will be money ahead in the long run. This is especially true for people who a fanatical about the care and maintenance of their toys.
Just my $ .02.
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