Mechanics

SHOULD I PURCHASE AN EXTENDED WARRANTY?

2006 Lexus IS 250

Warranty problem
2006 Lexus IS 250 4 cyl Two Wheel Drive Manual 61000 miles

I recently purchased a 2006 Lexus IS250 with 60,000 miles. The car seems to be in good shape, but I'm considering the purchase of an extended warranty. The warranty I'm considering lasts 4 year and costs $1,800. There is also a $100 deductible per service. It covers everything but cosmetic and service repairs. Is a warranty a waste of money? Will I spend $1,800 in repairs over 4 years without the warranty?
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Dtrain500
July 1, 2010.




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