Extended Warranty Questions / Are they worth it?
Hey guys, looking to buy a used 2018 BMW 430i, or 2019 Mazda CX5. Either way, both will be under 50,000km, but factory warranties will be expired. I will be purchasing through a dealership- either a Used car dealership, or BMW or Mazda dealership. I am curious your guys' opinions on dealer extended warranties, or purchasing separate ones like Lubrico, CoverageOne, AutoPair, or Ensurall, or buying from an online-only dealership with their own extended warranties like Clutch, or Canada Drives.
Are there some warranties better than others? I've heard horror stories where people buy the highest-end warranty, only for it not to cover the issue. I also know some only cover up to a certain dollar amount per claim. That being said, I don't want to risk it and not have a warranty, especially with the BMW as repair costs are expensive.
Thanks for any insight and recommendations!
Are there some warranties better than others? I've heard horror stories where people buy the highest-end warranty, only for it not to cover the issue. I also know some only cover up to a certain dollar amount per claim. That being said, I don't want to risk it and not have a warranty, especially with the BMW as repair costs are expensive.
Thanks for any insight and recommendations!