Yes, 12 monthly payments. I was given a 12 month Mazda warranty when I bought my (used) CX-5 from a main dealer in 2016 and I've continued extending it annually, currently paying £43.24 a month based on the age of the car (it's a 2012 model). I prefer to pay monthly, along with a service plan, as it assists in budgeting being that I'm on a fixed income.
I've had work done/parts replaced under the extended warranty on two occasions, the first was the turbo/camshaft (no charge but invoice total £2590) and the second was the alternator and an electric door mirror (no charge but invoice total £815 and the broken-down car was recovered to the dealer at no cost under the included Mazda Assist).
CX-5 went in recently for an interim oil change. When I went to pick it up they mentioned that the tech had noticed a squealing noise when driving the car out of the bay. A quick check showed the drive belt was showing signs of cracking so might be slipping but it could be more serious i.e. turbo bearings, so advised to book it in for investigation.
End result was the camshaft was found to be damaged leading to metal swarf in the oil causing damage to the turbo. The aux belt was also damaged and a tensioner needed replacing. CX-5 is a 2012 model, done 52,000 miles and the VIN is in the range for the ‘soft’ camshaft problem. I’ve always had extended warranty since I bought the car at just over 3 years old so all the work, apart from replacement aux belt, was covered (circa £2500).
Pleased in a strange kind of way that it’s happened and is now out of the way because I really love the car, have no need or intention to upgrade, but always had a slight niggle in the back of mind that it might happen one day.