Extended Warranty or NOT!
#1
Extended Warranty or NOT!
I hit 33000 miles on my 2006 MINI S in 17 months. The second service was done at 33150 miles. I am clocking about 2000 highway miles a month and my extended warranty and service agreement (50,000 miles) will be out in about 8 months.
I can extend the extended warranty (3 years or 100,000m) for about $2,800 and the service plan can be extended to 100,000 for $1,500 equaling $4,300. Is it worth it?
I have read that some MINI’s can have huge expenses while others just keep going. FYI – I have a 2006 MINI S with steptronic trans, auto ac, sun roof, and xenon lights.
Thanks
LGK
I can extend the extended warranty (3 years or 100,000m) for about $2,800 and the service plan can be extended to 100,000 for $1,500 equaling $4,300. Is it worth it?
I have read that some MINI’s can have huge expenses while others just keep going. FYI – I have a 2006 MINI S with steptronic trans, auto ac, sun roof, and xenon lights.
Thanks
LGK
#2
has the car caused you any major problems in the past? at this rate you will blow through the extended in another 2-3 years at the most. $4,300 is a lot. its almost 20-25% the worth of your entire car (if you were to trade it in today).
why not just trade in your current car in at the end of the warranty, and keep your $4300 for a down payment on a brand new one. to keep you payments the same or even lower.
why not just trade in your current car in at the end of the warranty, and keep your $4300 for a down payment on a brand new one. to keep you payments the same or even lower.
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Last edited by buzzsaw; 03-25-2008 at 03:52 PM.
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I don't mean to hijack the thread; however,I know that the extended warranty isn't worth it, but does that same feeling apply for the extended service plan? While, I am fine with doing my own oil/brake work, I do not have the set up to do something as "large" as a clutch replacement and thus a 100k service plan would be something I may consider.
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