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Hello everyone,

I bought a 2009 Metropolitan Gray Mazda3 Sport GX in B.C. over the weekend. These forums were a valuable resource during the whole purchase process.

There was one issue that I am seeking a little more feedback on and that is the extended warranty. I, who usually never opts for any kind of any extended warranty, was convinced on extending the bumper to bumber from 3 to 6 years. The cost: 1100$ + tax (+100 deductible when filing claim). The main selling point, which is something I haven't seen too many posts on, is if I never end up filing a claim, I receive all my money back minus 270$.

The overwhelming online opinion on extended warranties is that they aren't worth it, that nothing should happen to the car in the 3-6 year period, that even if there is one major repair to be made, the cost will be the same as that of the warranty itself. Things are a little different however, given the money back option. If something does happen, I'm covered and if nothing happens, I'm only out 270$.

I still kinda feel duped and weak for signing on to this. Part of me sees the value in it, but part of me much just wants keep the full 1100$+ tax today, and use it on my own accord if I need to in the future for a repair (which shouldn't even happen in the first place with these cars if well driven)...

I have 30 days to change my mind, sorry I've taken 3 paragraphs to fully explain it. Any feedback on this would be greatly appreciated.

Anthony
 

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Hey, and welcome to the forums. Like you I bought a new Mazda3 here in Canada (October 2008) and opted for the extended protection plan, and I don't see myself regretting it. I'm not sure about you, but I'm 19 and just bought this as my first car, and since I'm paying it off over a long period of time, I wanted the coverage to last, making sure I don't end up screwed months down the road. I also bought a manual 3, and I plan on making sure that my tranny doesn't go.

I'd say stick with it, but my reasoning is based on long financing and being a student, the extra money for repairs just isn't there. Good Luck!
 
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