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Extended Warranties- What is your opinion? V70-XC70 1999

I have 85m miles on a wagon in very good condition. I do most of the simpler maintenance myself on a timely basis. I received a call from Continental Warranty about the extended warranty plan (24m or 24 months for $1500.) I have not been a big fan of these plans, because they favor the companies based on the law of averages. I would appreciate your learned opinion's....Thanks in advance. PS- I was thinking it was more cost effective to hold on to some rainy day funds.






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