I have a 1999 BMW that will be reaching the end of its 4-yr 50,000 mile warranty in November. Many people have warned me that owning a BMW out of warranty is a scary proposition and have suggested that I buy an extended warranty. I came across a company -- www.carwarrantiesdirect.com -- that offers a 7-yr, 125,000-mile bumper to bumper warranty for my car for around $1,400. The interesting thing is if you don't make any claims during the coverage period you will get 100% of your money back. I think this a great concept that could/should be offered for any type of insurance. Let's say I have a fairly minor $400 repair bill. While it would be covered, I might think twice about claiming it since I would therefore give up the chance for the 100% refund. Obviously, if I blew the engine or was staring at a $8,000 bill, I would make a claim. Has anyone seen programs like this, or have any thoughts about extended warranties for cars? I guess my main concern with this company is whether they will be in business in a few years.