I cannot agree strongly enough with the forum members who have advocated for simply not purchasing any extended warranty/extended service contract/insurance policy. I would love to see a post from a statistician weighing in on this matter.
My intuition tells me that most costly, catastrophic failures are extremely unlikely in these cars. Sure it happens but it is unlikely. My 570s Spyder is two years out of warranty. The price for the McLaren factory extended warranty is $4500/year. I chose not to buy it. Of that $9000 I could have spent but didn’t, I am out of pocket about $3000 for various fixes over the last couple of years. That’s $6000 I still have.
Yes, I may have to buy a new engine someday. But I doubt it.
My intuition tells me that most costly, catastrophic failures are extremely unlikely in these cars. Sure it happens but it is unlikely. My 570s Spyder is two years out of warranty. The price for the McLaren factory extended warranty is $4500/year. I chose not to buy it. Of that $9000 I could have spent but didn’t, I am out of pocket about $3000 for various fixes over the last couple of years. That’s $6000 I still have.
Yes, I may have to buy a new engine someday. But I doubt it.
