I know this has been hashed out over and over, and I know it is like beating a dead horse. But this is my dead horse, so here is the question:
I just bought a 2002 Toyota Tacoma w 43K miles. I was also sold a “Gold Vehicle Service Agreement” for $1130 (which I financed so will end up being $1440 or so). It “covers” me for 5 years or 60K miles, so until 2016 or until 103K.
A) cancel the “service agreement”, it is a rip off - chalk the $25 cancellation fee to a lesson learned and put the rest in the “repair fund” or;
B) Keep the agreement - $1440 over the next 60K is a guarantee!
Some more info -
I am not at all mechanically inclined, so DIY repairs are out. I am good at bringing my vehicles in for routine maintenance. I may not own this truck for the 5 years or 60K (though the service agreement is transferable, for what its worth).
Any and all assistance is greatly appreciated. This kind of stuff keeps me up at night.