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Extended warranty recommendations

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Old May 6, 2008 | 12:15 AM
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Project Mayhem's Avatar
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1st Gear
Joined: Mar 2008
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From: New Orleans, LA
Default Extended warranty recommendations

First of all YES- I have read the previous posts. However, I haven't seen anything new on that subject in the past four months and I was hoping to come across some new info.

Here's the rundown- I'm looking at purchasing a 2001 A4 with <75K miles. Regardless, most stealerships don't offer a warranty on a vehicle seven years old. Knowing the high cost of Audi parts & maintenance, I don't want to drop $10K on a car and then have to spend another $3K out of pocket if something on my "new" car breaks. I'm a pretty good mechanic- I can do CV joints, radiators, stuff like that- the only problem is stuff like electrical or drivetrain problems, which I don't have the training or equipment to fix.

Which warranty company & coverage do you think gives you the most value & coverage for your money? Who has been a good value and who has been a blatant rip-off? I talked to one of the guys from AA Auto Warranty earlier today, but they quoted me $3700 on a 4 year bumper-to-bumper full coverage- and I have to pay that within a year!

Side note: I don't drive much. 8.5 months out of the year, typically speaking, I ride a motorcycle- my car will see maybe 6K of use per year. Would it be cheaper to put the money towards buying parts myself and take them to an independent mechanic? However, I also live in Illinois- if the tranny or ECU takes a **** on me mid-December, I can't hardly use the Ninja to get to work :P
 
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