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Should I keep the GM Major Guard coverage for my 2014 Chevy Equinox?
I bought a new 2014 Chevy Equinox 6-cylinder LTZ, fully loaded. I paid $2500 for a 72-month or 90,000 mile protection plan. It has a $100 deductible. I felt it would be wise to have this protection because of a.) the high cost of auto repairs and b.) the massive array of electronics in this vehicle that I could never repair myself. However, after seeing the terrible gas mileage on the vehicle and thinking I probably will keep it for no more than five years, I am thinking about getting a refund on the protection plan. I only have until June 14 to get a full refund. I would like any advice as to whether the Major Guard Protection is a good idea or not. Thank you.