Oh yeah. They told me as much, except for minor repairs, they just replace. Their ADP is a bargain though. I paid $269 for 4 years Microsoft Complete for Business with 2 incidents of ADP and each incident co-pay is $49. Thanks to them not charging me the first one, I still have both left.
Apple Care+ is $369 + $99 for a display and +$299 for other? If you spill coffee/coke into it it will likely cost you $668 if you add the price of AC+ and the co-pay? What would a non-warranty repair be for the same? Around $800? I am not sure.
Can you fix a soaked system board for $800? I assumed since the memory, GPU, and SSD are now soldered onto the thing it would be much more costly than that, especially for a 2 GB model. Given how liquids can get under surface mounted components and the acids and sugars cause corrosion for months and then fail, I would not accept a unit that was just cleaned and dried out. I would expect an entirely new system board and all attached components. Or an entirely new unit, like Microsoft provides.