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Originally Posted by Giggs
I just spoke with USAA and I am prior US military. They said that if you live in California the only way they can extend the warranty on a vehicle in this state is to be part of a purchase or refinance vehicle loan. This is due to the fact that California's insurance commission views an extended warranty as a type of insurance. He ran the numbers on my vehicle anyway to see what it would cost for the extended policy. My car currently has 42,000 miles and is fully covered by BMW until October 2012. He said my vehicle fell under the "36,000 to 43,000" mile category. For an extended policy for an additional 48 months (from the time I purchase the policy) up to 100,000 total vehicle miles, it would cost $6,457. Based on what I've read so far on this post this is really expensive! Anyone else in California have a similar experience?
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I PM'd you about this. I can help.