In article
<ifO_c.217781$UTP.178640@twister01.bloor.is.net.cable.rogers.com> "Steve
Bigelow" <stevebigelowXXX@rogers.com> writes:

And a fool and his money are soon parted.

You'll realize just how bad of an investment it really was if/when it ever
comes time to use it and you learn that your particular malady is one of
those things mentioned in the fine print (one of the weasel clauses) as
being excluded or otherwise limited.

Example, blow a head gasket some time and see what you're told.

Example #2:  Run over some object in the road and have it fly up and
puncture your oil filter, a mere $5 part. But it's late and you're in a
really bad neighborhood or your wife is alone on the highway and there's
no safe or convenient place to get off, so you or she runs the car out of
oil. Call up your warranty company and see what you're told.

To me "peace of mind" is knowing that there's enough money in my savings
account to fix the car should anything major crop up. For the price of one
of these "extended warranties" I can do a pretty major repair and not have
to argue with anyone about what's covered and what isn't.

In fact... for less than 1/3 the cost of that ext. warranty, which it's a
statistical fact you're unlikely to ever need, I can have the 60k major
service done, including the timing belt.  Your ext. warranty won't cover
one red cent of that repair or any other routine service, but that same
money, tucked safely away in a savings account will cover every penny of
it, with money left over.