Re: Extended Warranty?
The dealer first brought up the subject and only deals in GM warranties, not third party warranty services. I've heard nightmares about some 3rd party warranty services but also have heard some horror stories about the GM extended warranties as well. I may have been turned off by the large trophy behind the finance manager's desk awarded to him for selling warranties. They don't give out large trophies for selling low margin products and loss leaders far as I know.
The 3rd party warranty I did consider was Warranty Direct who has been around for 27 years, carries a high rating (insurance wise), and has a number of other accolades that give me some confidence.
But in the end I think I will probably just 'self insure'. I'll take the cost of the warranty, set it aside in a long term CD and that money will be there for repairs later.
Oh, when I said 'first year' stigma, I meant the theory that some folks say 'never buy the first year's model' because of potential problems the manufacturers quality control didn't find. The GM finance manager even tried this one... to which the obvious response is 'oh, you are right, perhaps I shouldn't buy the vehicle because it's a first year model'.