I almost never buy extended warranties. One exception was Big Red. The salesman is a friend, and he offered us a 10 year, unlimited mileage warranty on the engine and power train for $1500 with a $100 deductable. In the summer of 2016 I had an issue with a knock in the engine. It took almost a whole month to get it done, but they replaced the whole engine – $100. A couple months later the water pump went out – $100. Last week I took it in for an oil change, and they found leaks in both transmission coolant lines, the oil pan was rusty and leaking, the rack-and pinion needed to be replaced, and the left front axle seal was leaking and needed to be replaced. All that – $100. Not sure how much all that would have cost, but I believe that we are approaching $8000. Not a bad investment.
