My 16 month old GXP has 15K miles. I'm pretty certain I'll keep her for a long long time, so I talked to my dealer about adding the GM Protection Plan "Major Guard"
The package I discussed would add 6 years (from "today') and an additional 72K (beyond my 15k) of warranty protection, for everything except "normal" maintenance and some wear and tear items like the canvas part of the top and upholstery, etc.
Cost is about $2K for the $0 deductible, about $1600 for the $200 deductible.
So the question is how likely is it that I would need a $2K+ repair(s) cost that would be covered by this warranty, and would take place between 36K miles and 85K miles? And this would have to be a repair that would NOT already be covered by the 100K drivetrain warranty....
It seems to me that although that certainly could happen, I'd probably be better off keeping the $2K with my broker or at least in a FDIC insured account.....
In this case I think I'm better off being self-insured.
Thoughts?
sunnygator