I finaly got around to buying a small extinguisher 2lbs 5BC. Anything bigger would take up too much space (and might end up being left at home) ... If I have to use it, I'm hoping I won't be the only one around with an extinguisher. It's also helpful to keep in mind other fire extiguishing options. Shoveling soil or sand to smother the flames and so on ...
Shovelling something onto a fire would mean you have access to the top of the fire. Given the fact that most fires occur either under the hood, or under the dash, that plan doesn't work out too well. Lifting the hood is the last thing you want to do, especially if you're not wearing fireproof gear. That's why you need a big bottle, with enough juice to attack the fire from underneath, spraying blindly.
During the event that I was involved, the rally crew had already used the small bottle they had inside the car to little effect by the time I returned from my truck with the big bottle. I don't know what type it was. I asked the owner/driver if he wanted me to use the dry chemical on his car, and he didn't hesitate. By that point it had just started spreading from a simple small oil leak and other things were starting to burn. I gave it a small burst until it was out, but it flared up again, so I hit it again.
I've seen rally crews use 3 of the small bottles just trying to put out a brake fire. One of the worst things you can do is waste your extinguisher by not completely putting out the fire in one shot. In the brake fire case, 1 bottle was not enough, they had to wait for another rally car to arrive and get theres. That wasn't enough, so they had to wait for a 3rd.
Looking at the race car world, regulations for circuit cars is a 5BC rated extinguisher in the cockpit. Presumably this is only intended to aid in exiting a burning car, and/or slowing it down until professional fire crews arrive. Rally cars are required to have a 10BC inside the car, and rally service crews are required 40BC.
If one considers what we do and how it compares to rally, ie: remoteness, it's easy to see that it's wise to pack the biggest bottle you can.
Another thing to keep in mind, one of the complaints about the pure gaseous type extinguishers, is that they don't work in engine bays very well as the gas is not retained in any way. It just falls out the bottom of the engine bay, so it has no staying power. They can work, but you need a BIG bottle. And CO2 coming out of the bottle is cold enough that it can crack the engine block.
Something else to be cognizant of is the mounting of the bottle.
http://www.casc.on.ca/uploadedFiles/Fire_Extinguisher_Explosion110203213435.pdf