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Steve purchased a four-year warranty called the Term Care Select for his new Mark seven GTI, which covers mechanical failure due to wear and tear. He is unsure if it is worth the $1600 cost or 5% of the car's value. With low mileage and no plans for modifications, he is concerned about expensive components failing during the factory warranty period. The specific coverage of wear and tear items is unclear, but it appears to be a valuable protection against potential costly repairs.
