Tips on Buying Cars: Extended Warranty Advice, bmw z4, warranty work

Question
Hello,
I’m looking to buy a 2003 BMW Z4 with very low mileage.  The warranty is about to expire so I would like to purchase an extended warranty.  Should I buy one from BMW or go with an aftermarket company and if so which one?    Are there some really good deals out there?
Thanks,
Kevin


Answer
i have never believed in the extended warranty...i worked at a shop where we did alot of extended warranty work and all the people ever said was how much of a pain in the ass it was having the guy come out to look at the claim... and waiting for the check...arguing with the company because you felt there was a problem and they said it was fine...or the deductible was too high...it just always seemed like a problem...maybe the bmw warranty is different,talk to people online who may have used them....but..all the money you spend on the warranty could have been used to fix the car at a shop...no problem....the car you are planning on buying is fairly new...and it is a well built vehicle...with proper maintenance it will last 120000 miles no problem...put that money in a savings account...by the way...i would look into a honda s2000...its an amazing vehicle for less money and its easier to work on and get aftermarket parts....