Dawg, thanks for the reply. Actually, these are NOT Hyundai extended warranty prices. I was mislead by the person at my local Hyundai dealership, and just found out on Thursday, after I insisted on getting a copy of the contract. These were the prices for Fidelity Warranty Services, which was apparently the third-party administrator for the Hyundai extended warranty plan until recently, but no longer. Fidelity is apparently still administering the Kia extended warranty plan.
I will try to get new price quotes for the real Hyundai plan, but I don't expect them to be cheaper. We'll see. The difference with the price you are quoting and my car is the fact that at 5.5 years old (and 40K miles), the car is no longer under factory warranty. Also, it seems that after 5 model years (i.e., as soon as the 2016's came out), this car can no longer be CPO, and that takes it to a totally different cost for the extended warranty. (The salesperson had told me that with a CPO, the Hyundai wrap 100K warranty is around $1,500 (including the CPO fee), which may be what you are quoting.) I think that passing the 36K miles also makes a difference. Altogether, this may make a huge difference in price, even though the car itself just has 40K miles, not that much more than your original 30K.
I might need to take a chance and self-insure. Handing over someone $4-4.5K (with tax) is not very palatable.
As far as the mechanical problem I had mentioned: When I bought the car, it had a bad driveshaft (i.e., intermittent vibration under gearshift area when accelerating from standing position, perhaps between 10-15 mph), a problem I later found documented on the forum. It took some weeks for me to figure out that I had a problem, for the dealership to agree to fix it, and for the car to be actually fixed. A small nightmare actually. I finally got the car back, (hopefully) in proper working condition, on Dec 24 (vs. purchase on Nov 17).
