Should I buy an extended warranty for my Chrysler Sebring convertible 2005?

[Kitkat]

My car has 3 years and only 15,000 miles. I'm offered to buy a 6 year warranty, up to 60,000 miles for $2515 (it would be like paying $420 per year). There is a $50 deductible for each repair.
My dad, who is a french mechanic, think that because the engine is new, I don't need it. But the representative told me that if the top of the convertible don't work, it would be expensive to repair. My dad never repaired a convertible.
So what should I do?

 

[LAURIE]

I'd buy it, but you can talk them into a cheaper price.

 

[acermill]

Why don't you just take that money and trade in that Sebring for something far more reliable, like a Solara convertible by Toyota ?

Others are correct about the Sebring. It's a trouble prone model, and can be expensive to repair.

As for bikinkawboy's comment about Chrysler's quality, perhaps he ought to take a look at the reliability rating in Consumer Reports and check the number of black (bad) spots vs the red spots (good). It's not a real pretty picture.