Originally Posted by tnjeep
If I was having that many problems at that low of a mileage then I would get rid of it and get another Jeep or even another vehicle. If a company does not make a quality enough vehicle to last at least 100k without any major problems then I don't want to own it. I never get rid of a vehicle till it has at least 100k on it and some much longer and have never had a major (or minor) problem out of any of them. I took a gamble with Chrysler this time but knew going into it that if I did have problems either in warranty or out of warranty (<100k miles on everything besides the drivetrain) that I would take a loss and trade/sell it and get another brand and never look back at Chrysler. These companies offer the extended warranties because they are huge profit generators and they know the odds of something coming in for major repair but if it will make you sleep better at night then go for it.
We took a chance on the Jeep as well but in all fairness one of the problems was a noise that the vehicle had for months that we finally had a dealer diagnose properly.
I've actually asked a CFP about vehicle warranties and, from a financial perspective, it's a matter of how long you keep the vehicle and how much you want to keep the vehicle. I look at getting the warranty as a commitment...if I'm going to spend the $2K for the warranty I only want to do so if I will be keeping the vehicle long enough to justify the cost. We are normally ones to keep cars for 10 years or more and at least 150K miles so if the repair frequency isn't too much getting a lifetime warranty may make sense.
Think I may stay on the fence for now and if the GC ends up being a "shop queen" then I'll have to think about cutting our losses
. Would be good to know if the warranty prices increase at any other points (24K miles, 2 years, etc).