A few years ago now TDH and I stood in a dealership and discussed AT LENGTH the pros and cons of purchasing an extended warranty on the pre-owned van we were about to purchase. I was very much for it and eventually this is what we did.
Fast forward to today when I was alternately moping and fuming about the house because my admin kicked me out of the office and I had no car and I received a phone call from the dealership where said car was being evaluated:
Her: Ms. Smama, the reason why your check engine light was on is because it needs a new transmission.
Me: (stunned silence as I drop to my knees and try to comprehend the math)
Her: You are covered under the extended warranty so there is no cost.
Not sure where I would have ended up, but an added transmission bill for a light that came on LITERALLY the day I mailed the last payment in, just might have pushed me over a cliff somewhere.
Phew... that was a close one.