I got a really good deal on my Jeep, $22,500, for a basic 2013 with hardtop, manual trans, and 3.73 gears.
When it came time to finance, the dealer wouldn't offer the warranty for less than $3850. That's almost 20% the cost of the vehicle, and my Jeep is a basic little tank (not much to break). The dealer said he'd lower my loan APR from 5.9% to 3.9% if I bought the warranty.
The warranty was fully refundable for 60 days, so I bought warranty, took the good interest rate, canceled the warranty, and kept the interest rate. F'em.
$3850 for a warranty is absurd, and it represents pure profit in most cases. I'm bumper-3-bumper for 3y/36,000 and full powertrain for 5y/100,000. I'm fine with that. I do my own wrenching.
2013 Wrangler JK, 285hp, NSG-370 6-speed, NV241 TC, Dana-44R/30F 3.73 axles, Rubicon suspension, JKS disconnects, armored, and Toyo Open Country ATII's...
"Too many times, too many times, paying the price just for the thrill" - Tesla