Quote:
Originally Posted by Mr Tonka
Powertrain warranties are fairly inexpensive and do tend to cover the powertrain. At a certain scale paranoia has nothing to do with it. It just makes good sense. There were a few well documented incidents of E92M3 engines failing outside of warranty and at the time, a replacement was 50% of the cars value, for some model years, it still is. An extended powertrain warranty cost $1800 at the time of purchase. For some people it makes sense. In the same way if you were to finance with nothing down, the $1.75 a month for GAP insurance is a reasonable decision.
To the point of my post, if one is driving a $15k car, an extended warranty isn't a good decision for the most part and one probably shouldn't be projecting their opinion of extended warranties onto people who drive vehicles worth 4 to 6 times as much.
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Mental gymnastics, got it
I'm just kidding, and I'd agree for the most part. For some people is does make sense. If I learned tomorrow the N55 is having a rash of [insert expensive issue here] failures in my M235i the first thing I'd buy is an extended warranty. Even outside of known issues with engines out of warranty the peace of mind I'm sure is worth it to some people. Me personally, I'm still of the opinion, as I said earlier in the thread, if I'm expected to buy an extended warranty for a car with the expectation that I'll use it I'm going to look at other cars instead.