> >> > I have a Honda Civic LX 2001 manual transmission.
> >> > About six months ago, I had to replace the front struts,
> >> > but it was covered under the original 3 yr/36k mile warranty.
> >> > The warranty will expire soon, so I got a letter to extend the
> >> > warranty. 5 yr/75k mile, bumper-to-bumper, for $250 down
> >> > payment and $200 x 12 monthly payments, for total of
> >> > $2650.
> >> > The payment can be extended over two years without interest.
> >> > If I decide to sell the car in a year, I can either get prorated
> >> > refund, or transfer the warranty and payments.
> >> > Should I get the extended warranty, or should I risk it and
> >> > save $2650?
> >> >
> >> The only issue with an extended warranty is the probability of
> >> spending the warranty fee ($2650) over the ensuing 39K miles
> >> or the next two years. The per year expected costs for
> >> maintenance for years 4 and 5 for a 2001 civic suggest a much
> >> smaller outlay of funds. I'd pass this up.
> >
> >I may not have stated the extended warranty clearly. I will get
> >additional 5 years and additional 75k miles, after my current
> >warranty expires. I will need to look at the maintanence cost for
> >the years 4, 5, 6, 7, & 8, over the next 75k miles (when the car
> >reaches 111k miles). Do you still think that I should pass up on
> >the offer? By the way, it's a two-door model, not four-door.
>
> Harvey's approach is the right one, though, to figure out if it is
> worth it. Estimate the likely maintenance costs for the years in
> question, LESS those that are not covered by the extended
> warranty... compare to the cost of the extended warranty.
> It may be called a warranty, but it is more like a flat rate
> payment plan for maintenance.
> Pretty well all extended warranties, whether for cars, TVs or
> cameras, are major ripoffs. That's why they push them so hard.
> Gravy for them! Total maintenance costs for years 4, 5 and 6
> for my 1998 Civic EX were zero.

I understand the concept behind warranty and maintenance costs,
and stuff. My question was regarding my specific case.
Should I or shouldn't I? What is the probability of break-down?
What is the reliability of my car? I don't know what the projected
maintenance cost would be for my situation.
Is the extra coverage and peace of mind worth $2650?
Is the Honda Civic LX so well built that I can comfortably risk it?
If your Honda Civic EX is a predictor of my car's future performance,
then I think I should pass up on the extended warranty offer.
How does Honda Civic LX usually stand up?