Volkswagon Golf TDI extended warranty

Anyone had good or bad experience with such a warranty.

Take the money you would spend for an extended warranty and put it in the bank. Don’t spend it unless you have a major problem with the car. You’ll be much better off.

Extended warranties are primarily a profit-maker for the seller and don’t offer nearly the coverage the buyer thinks he’s getting.

If you really think you need one, I suggest you read it VERY carefully before you write the check.

Financing an extended warranty by adding its cost to a car loan is a really bad idea.

I agree with McP. In addition, if you do get one, only get one backed by VW. There are lots of horror stories from folks who spent big on a warranty from a ‘3rd party’ company, only to find they refused to cover problems, or that they went out of business. Worse than worthless, given all the problems that resulted.

Your best warranty with such a car is careful maintenance and changing fluids twice as often as the manual calls for.

If automatic change the fluid every 30,000 miles as well. Flush the radiator at least everyu 50,000 miles and put the “warranty” money in the bank.

Well any car can have major expensive repairs.

The profit to the salesman and company is usually over 50%. So for every $1,000 you spend the insurance company has less than $500 to pay for repairs or they will loose money, something insurance companies do not do. Some people will get nothing back and some will get a lot more than they pay.  Most will get far less. In addition you need to keep in mind that the insurer has worded it to eliminate as many expensive things as they can.

Remember that the seller is out to make money and they get to write the rules and set the price.  They are not going to sell them at a loss so one way or another they are going to have you pay more than they will pay out.  

Would you gamble with a car dealer who gets to set all the rules and knows all the odds?   

Your decision has to do with the value of the piece of mind it gives you. If that is worth the cost then buy it. Don't expect it to cover everything however, most are written to keep cost down and exempt what they know will cost them money. 

Good Luck