Should I get the Extended Service Contract for my 2007 Yaris?

[tomato]

Hello everybody, hope this is the right place to post this.

I just got this cute little Yaris, 2 DR, Hatchback, year 2007, with about 55K miles on it, a couple of days ago at a Toyota dealership. I wanted a "gently used car" because I live in a city environment and do not do much driving anymore, except to go get groceries, stuff like that, and the occasional drive out to the country, not too far, so for my purposes, getting a new car would be overkill.

The dealership - of course - tried to push the extended service contract. "The plan will pay for itself if you only have to do one of these repairs! Do you want to be stuck with thousands of dollars worth of repairs?" they say. Well, no, of course I don't.

But the extended service contract is expensive ($1690)

You can change your mind and get your money back within 30 days, though.
so I'm still thinking about it.

I'm wondering if that service contract isn't a waste of money because it's doesn't cover everything and leaves you paying for maintenance, tires, etc., anyway

Right now, the car is "certified" (in California, that means the car has gone through a rigourous - hopefully - inspection at Toytota and meets their standards for being in good shape) and according to the records I found in the glove box, whoever had it before kept up with regular maintenance, oil changes, etc.

I still have the manufacturer's warranty on the powertrain for a while, and the 3 months "Certified" car "bumper to bumper" warranty, but after that I guess I'm on my own.

What do you guys think?

(I've seen a topic similar to this one before but the poster's car didn't have 55K miles on his car, so I'm reposting, hope it's OK. )