As with the other replies here, I took it out when mine reached 3 year old point. At the last service [Oct 25] the car just turned 5 years old and managed to get another 2 years cover [warranty, MOT, service, breakdown] for the same price from VW so not bad. My mileage is below average and has a full VW service history which possibly helped? Peace of mind for £30 a month, sort of...!