When I bought my car, the dealership pushed their maintenance contract pretty hard. Since they were pushing it so hard, I figured it's mostly profit for them so I didn't buy it. Dh thinks maybe it's a wise investment so I wanted to get y'all's opinion on it. The contract covers a bunch of stuff every 7,500 miles, even a loaner car if you need it, and the cost is $1,800 for 5 years or 60k miles. We're in a HCOL area if that matters. They offered us a $300 discount after we refused it, so we can possibly buy it for $1,500.
What's the collective wisdom on these things? Wise investment or waste of money? (They claim that by prepaying for the program you save over 50%, but I'm not really buying that.)