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I have an EasyCare warranty through 85k (am at 75k and bought the car at ~65k last year). PO bought the warranty through a dealer and I paid the transfer fee. Have not added it up, but I'd say the warranty has saved me ~$2000 so far and I have been happy with it. "Major repair" is relative. The largest repair to date was a siezed AC blower, which is a <$200 part, but requires about 7-8 hours of dash teardown and reassembly, so that put it over $1k. I probably won't renew the warranty though since EC quoted me over $10k to get it extended another 36k miles - I guess their actuaries are now familar with e39 BMWs :-(

Spend some time with search, as I have heard a couple of good stories about EasyCare and one or two others, but there seem to be a lot more sub par companies in this space than really good ones. Good luck.
 
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