To extend or not?
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The Sonata just rolled 100,000 and is now out of warranty on the powertrain. I did have a throttle body sensor repair which cost me $400 last month
Question: The dealer has offered an extended warranty, $2400 for 36 months/50,000 miles. Warranty has a $100 deductible for any repair.
Worth it? Or not?
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7 come 11, daddy needs a new pair of shoes!
The Brad
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Consumer Reports says that extended warranties are usually not worth it.
However, in my opinion, few people have the discipline to put aside the money and dedicate it for a future (big) repair.
On a car that has >100K miles, what are the odds that you'd need a repair that is more than $2400 in the next three years? Pretty high, in my uneducated opinion.
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Annd...I disgaree. 100K is not a lot on modern cars. You should be able to look up your model here. There is an index on the right. I think you are betting against yourself and I know you have the money set aside to fix it if you need to.
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7 come 11, daddy needs a new pair of shoes!
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