All dealer warrenties are too much money but the dealer warrenties have the option to get part of your money back if you sale your vehicle. A lot of people do not realize this and the dealers hope you dont. I paid $800 for my Dodge Ram, traded at 37,000 and received $350 reimbersment.
All extended warranties are like this. Problem is, they're prorated from the time you buy them, not when they finally kick in. So you paid $450 for 1,000 miles of coverage.