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2021 CX-30 2.5L AWD Pearl White
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79 Posts
I got a lifetime guarantee on mine. If it breaks in my lifetime I guarantee I will be the one fixing it.
 

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2020 CX-30 GS FWD, Snowflake White
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765 Posts
no
 

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2021 Polymetal CX-30 AWD 2.5L Turbo Premium+
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36 Posts
I purchased my first new car in 1968 and I have never opted for extended waranties. For many years, multiple consumer advocate organizations have done extensive cost versus benefit analyses and they have always recommended against purchase of extended warranties. I understand it's also big commission incentive for the sales reps. When I bought one of my Audis years ago, the sleazy sales manager added over $2000 worth of various extended warranties plus paint and windshield sealant treatments onto the contract, all unsolicited by me! Then he tried to sell me $1500 worth of plastic coatings all over the car and almost $1000 for window tint which I found out later I could get for less than half the cost elsewhere! When I call him on all this and told him to regenerate the contract without all the add-ons, he became insolent and implied that I was a fool to refuse these items. We almost walked but the Audi was EXACTLY the specs I was looking for. I never retured to that dealership, I got my service from another dealer and eventually found an excellent indie German auto specialist shop after that unpleasent encounter. Too bad he doesn't work on Mazdas! BTW - I've applied my own paint sealant for many years, an excellent German product called Klasse. Then I top it off with a carnauba wax. My latest wax supply is a polymer/carnauba blend that lasts and lasts and lasts!
 

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Current Mazdas: 15 Mazda3, 16 Mazda2, 19 Mazda3 and 3 prior Mazdas
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I would consider an extended warranty on an Audi.

I always bought extended warranties on Microwave ovens. They seemed to last 6 to 12 months for me and I had a 24 month warranty. One time I brought the 3rd broken Microwave after 23 months and they told me I needed buy a new extended warranty. I was happy to pay another $25.00 for 3 new microwaves. The file was a half inch thick when it finally expired. Don’t know why BestBuy didn’t offer me an additional extension.
 

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2021 Polymetal CX-30 AWD 2.5L Turbo Premium+
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How do you abuse your microwave ovens? Our microwave, used multiple times daily, is 10 years old and still works!
aCPA, post: 12689, member: 869"]
I would consider an extended warranty on an Audi.
Well, I know it's purely anecdotal, but my last two Audis (2009 A3 & 2014 A4) were near perfect in terms of reliability. However, the VW Passat before those two was a different story even though it was mostly an Audi under the sheet metal!
 

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Current Mazdas: 15 Mazda3, 16 Mazda2, 19 Mazda3 and 3 prior Mazdas
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I have no clue why we had such bad luck with microwaves. No problem with anything else. Refrigerator is 22 years old. Thought it was the electric but we put it on a surge suppressor. Even upgraded the surge suppressor to a top of the line one.
 

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2021 CX-30 2.5L AWD Pearl White
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When it comes to "Extended Warranties", or should we call it by it's real name "Insurance policy"? One of the first things to consider is they have no effect on the actual cost to repair a vehicle, but it adds a few extra mouths to feed from the proceeds. So they effectively increase the cost of the repair with no other way to generate revenue. In order for the company to make money (and stay in business) they have to take in more than they pay out, (remember that part).

I have seen "some vehicle owners" do OK with one of these insurance policies, but I have seen far more be disappointed. There have been a lot of these companies come and go over the years because what they were selling was closer to a Ponzi Scheme than a true insurance policy. As long as they keep selling more policies they can stay solvent, but eventually the costs of doing business catch up to them and they fail, often leaving the policy owners hanging. Meanwhile the attempts to control costs has had many of them try to short sheet the shops by doing things like insisting the shop use parts that they provide and setting a their own labor rate that they want to pay out and that's if they approve the repair. Then after trying to strip all pf the profit from the job, so it isn't even worth the shops time to bother doing it, then of course they want the shop to guarantee everything from that day forward. It got so bad that I had to choose as a shop owner to not do any repairs related to one of these policies.

Now the dealer that sold the policy does have to provide the services but there are often things in the background that vehicle owners wouldn't be aware of. Things like having the technician, who works flat rate getting paid under the manufacturers warranty rate when the repair should fall under regular Motor's Manual times. That can quite often be a 50% reduction in pay for the technician that you need to fix your car, but the work doesn't get any easier or go faster because who is going to pay changed.

I could go on for hours here but for the average person, if they take that money and stick it in bank and save it, they would have that money to use "IF" their car needs a repair. If their car doesn't need a repair then at the end of the policy term they can take their money and do whatever they want with it, plus interest. JMHO
 

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2020 CX-30 Skyactiv-X MHEV GT Sport Tech
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I could go on for hours here but for the average person, if they take that money and stick it in bank and save it, they would have that money to use "IF" their car needs a repair. If their car doesn't need a repair then at the end of the policy term they can take their money and do whatever they want with it, plus interest. JMHO
Points well made, John. We've never paid to take out an extended warranty and have only twice in forty years had to make use of a warranty for repair. Once was for a washing machine and the other time was for the evaporator unit from a BMW 5-series.

The only thing I would add if you don't take out a motoring warranty is to make sure you keep up with the servicing of the car. This in many ways is more important than the warranty.
 
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'20 CX-30 AWD, 2000 Millenia & 2006 Mazda3
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In the past I've only bought 3 extended warranties and have came out on the better end of things. The 1st extended warranty was in 1990 on a new Ford Ranger pickup. When that truck was about 2-3 years old Ford had to put in a new engine. I think I paid around $1,000 for that warranty at the time I bought the truck. (I kept that truck for 14 years and it was basically a piece of crap the entire time...I have no idea why I kept it so long...) Next was all the way to my 2010 Corvette. I didn't buy the warranty until the car was about 2 weeks from the initial warranty was about to run out - I added another 4 years for about $2,000. I'm pretty sure I about broke even on that warranty because of a recuring issue with some electronics. On my '16 F150 I bought the extended warranty just before the initial warranty was about to run out even though I'd only had one tire pressure sensor fail. That one was also around $2,000 for an additional 5 years. Just a couple months ago the rear end had to be rebuilt. I know it's really a crap shoot and extended warranties are HUGE profit makers for the dealerships. I bought the Vette policy from a dealership in Billings, MT and the F150 policy was from somewhere in Illinois - I've searched out dealers that sell the policies at a pretty good discount. I probably won't buy one for my CX-30 unless something happens between now and near the end of the initial warranty - my 2000 Millenia and 2006 Mazda3 have been very reliable and trouble free.
 

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2021 Mazda CX-30 AWD Turbo Premiun, Soul Red
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I bought the extended warranty, $1700 for 7 years, 100,000 miles.

I pray I never have to use it but will be glad if I do.

I have only used an extended warranty once in my 50 years of owning cars but was so glad I had it at the time.

I was younger and lived pay-check to pay-check.

Like others have said, it is like any other insurance, you pay for it but hope you do not have to use it.
 

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2021 Mazda CX-30 Select AWD
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56 Posts
Extended warranties could always be purchased after you buy your vehicle. Shop around and you might find much better deals than your dealership is offering. And remember, just the like the car, the warranty is also negotiable.
I probably will buy one down the road.
 

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2012, Kia Optima SX
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I would say it's good to cover the powertrain. The other stuff is not going to break you or cause you a huge loss. But you may still be better off selling a car with a blown engine than replacing the engine, so calculate what the worse case scenario is, like losing $6000 or paying $2000 up front for an engine that has a 1 in 10,000 chance of blowing up.
 

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2020 Toyota Corolla Sedan SE (6-MT)
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Extended warranties are there for the company to make additional profit, otherwise they wouldn't offer them just to lose money & help you out. Unless you happenstance bought the absolute lemon of the pack & have just horrible, horrible luck, then your out-of-pocket repair costs will always be less (or nothing) vs the the extended warranty period cost. This has been proven time & time again by various studies across many product markets. It's like playing the lottery in reverse, more or less.
 
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