Buy an extended warranty or not? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Genob4c · 05-14-2021, 11:43 AM

Hey, Guys.

A couple of weeks ago I bought a Red Hot 2015 Z/28. Only 2,200 miles. Like new with the Trofeos still on it. Paid $66k in case you're wondering. I'm a Z/28 guy. My first one, I bought new in 1980. I didn't want to miss the oportunity to get a hold of what might well be the last Z/28 Camaro. I plan to drive it plenty, but I'll never track it. Anyway, I'm talking to a local Chevy dealer about an extended warranty. I can do a GM warranty, or one they offer self-insured by US Warranty. $1,837 for 3 yr 24,000, $2,003 for 4 yr 36,000. It's a reputable dealer that's been here for 50 years. Both GM and dealer warrany are priced about the same, but the GM warranty is a year shorter for each option.

I'm the 3rd owner at 2,200 miles. The cars starts and drives great. I just have natural paranoia, and I think it might give me peace of mind and I won't hesitate to kick a Rustang's ass when I can. Am I crazy to think about pissing away $2k that I'll probably not get any value from. I could use that money to buy tires I'll surely need by the end of the summer. Are these cars known for any mechanical issue I should know about? Thanks in advance.

Geno

SIM GhostrdrZ · 05-14-2021, 04:31 PM

My $.02
I usually don’t put much weight on warranties and especially GM’s. But I’d say it’d be a good idea if it’s a solid warranty that they’ll stand behind with a $20k replacement engine bill. Mine has a newer gm warranty replacement engine from previous owner. There’s a few issues as with any high performance engine can have. I personally self insure as a better engine can be built for the $ or I do my own labor with GM ls7. Whatever helps you sleep at night is the answer and hindsight is always 20/20. Plenty of folks redo heads for the best insurance. But that’s another thread(s) topic held off for a few cold ones.

Genob4c · 05-15-2021, 01:13 PM

Thanks. Yeah, I'm leaning towards getting it. I appreciate the input.

Geno

JRowe500 · 05-15-2021, 05:00 PM

I just got one too. Mine has about 1500 miles on it and I was thinking about an extended warranty as well. So GM is welling to sale an extended warranty on a 6 year old car? I would rather a warranty from GM then some other company.

Now that prices are so high I don't want to put any mileage on it.

Christok · 05-28-2021, 09:20 AM

check the warranty as some warranties through third parties actually reimburse a good portion at the end if you did not use it. At 35,000 Km I had to get all the injectors replaced on my camaro. My base warranty was over however the extended warranty covered it . it would have cost me $2200 for this partciular job. Needles to say I will not be getting ny reimboursement when the warranty is over . Another thing to check is in my warranty the timing belt was also covered so depending on your mileage etc this couod be covered as it is part of regular maintenance

MIKZ28 · 05-29-2021, 11:23 AM

I bought one but it was a waste of money. Unless you are tracking the car not much to go wrong.

Genob4c · 05-30-2021, 07:20 PM

Quote:

Originally Posted by MIKZ28

I bought one but it was a waste of money. Unless you are tracking the car not much to go wrong.

You don't know how my luck runs.

05-14-2021, 11:43 AM	#1
Genob4c Drives: 2015 Camaro Z/28 Join Date: May 2011 Location: Winchester, KY Posts: 342	Buy an extended warranty or not? Hey, Guys. A couple of weeks ago I bought a Red Hot 2015 Z/28. Only 2,200 miles. Like new with the Trofeos still on it. Paid $66k in case you're wondering. I'm a Z/28 guy. My first one, I bought new in 1980. I didn't want to miss the oportunity to get a hold of what might well be the last Z/28 Camaro. I plan to drive it plenty, but I'll never track it. Anyway, I'm talking to a local Chevy dealer about an extended warranty. I can do a GM warranty, or one they offer self-insured by US Warranty. $1,837 for 3 yr 24,000, $2,003 for 4 yr 36,000. It's a reputable dealer that's been here for 50 years. Both GM and dealer warrany are priced about the same, but the GM warranty is a year shorter for each option. I'm the 3rd owner at 2,200 miles. The cars starts and drives great. I just have natural paranoia, and I think it might give me peace of mind and I won't hesitate to kick a Rustang's ass when I can. Am I crazy to think about pissing away $2k that I'll probably not get any value from. I could use that money to buy tires I'll surely need by the end of the summer. Are these cars known for any mechanical issue I should know about? Thanks in advance. Geno Attached Images __________________ Now: 2015 Z/28 Former: 2013 ZL1 Vert – Crystal Red 1978 Corvette Pace Car 1969 Pace Car 1969 Z/28 – Cortez Silver, 1974 LT/Z28 Blue 1974 Z28 Dark Green , 1976 Camaro Type LT – Black 1980 Z28 – Charcoal, 1981 Z28 – Dark Blue 1981 Z28 – Claret, 1982 Pace Car 1986 IROC – Red, 1993 Z28 – Red 1996 Z28 vert, 1998 Z28 Dk Blue 2002 B4C 2004 Vette – LeMans Blue 2008 Vette - CRT 2011 Camaro Pace Car

05-15-2021, 01:13 PM	#3
Genob4c Drives: 2015 Camaro Z/28 Join Date: May 2011 Location: Winchester, KY Posts: 342	Thanks. Yeah, I'm leaning towards getting it. I appreciate the input. Geno __________________ Now: 2015 Z/28 Former: 2013 ZL1 Vert – Crystal Red 1978 Corvette Pace Car 1969 Pace Car 1969 Z/28 – Cortez Silver, 1974 LT/Z28 Blue 1974 Z28 Dark Green , 1976 Camaro Type LT – Black 1980 Z28 – Charcoal, 1981 Z28 – Dark Blue 1981 Z28 – Claret, 1982 Pace Car 1986 IROC – Red, 1993 Z28 – Red 1996 Z28 vert, 1998 Z28 Dk Blue 2002 B4C 2004 Vette – LeMans Blue 2008 Vette - CRT 2011 Camaro Pace Car

05-28-2021, 09:20 AM	#5
Christok Drives: 2011 v6 auto Join Date: Dec 2012 Location: Newport Nova Scotia Posts: 252 View My Garage	check the warranty as some warranties through third parties actually reimburse a good portion at the end if you did not use it. At 35,000 Km I had to get all the injectors replaced on my camaro. My base warranty was over however the extended warranty covered it . it would have cost me $2200 for this partciular job. Needles to say I will not be getting ny reimboursement when the warranty is over . Another thing to check is in my warranty the timing belt was also covered so depending on your mileage etc this couod be covered as it is part of regular maintenance __________________ Mold Your Dreams into Reality

05-14-2021, 04:31 PM	#2
SIM GhostrdrZ Drives: ‘14 Z/28 ‘14 ZL1 M6 vert Join Date: Jul 2015 Location: Ohio Posts: 1,283 View My Garage	My $.02 I usually don’t put much weight on warranties and especially GM’s. But I’d say it’d be a good idea if it’s a solid warranty that they’ll stand behind with a $20k replacement engine bill. Mine has a newer gm warranty replacement engine from previous owner. There’s a few issues as with any high performance engine can have. I personally self insure as a better engine can be built for the $ or I do my own labor with GM ls7. Whatever helps you sleep at night is the answer and hindsight is always 20/20. Plenty of folks redo heads for the best insurance. But that’s another thread(s) topic held off for a few cold ones.

05-15-2021, 05:00 PM	#4
JRowe500 Drives: Camaro z28 Join Date: Mar 2021 Location: Clermont Posts: 74	I just got one too. Mine has about 1500 miles on it and I was thinking about an extended warranty as well. So GM is welling to sale an extended warranty on a 6 year old car? I would rather a warranty from GM then some other company. Now that prices are so high I don't want to put any mileage on it.

05-29-2021, 11:23 AM	#6
MIKZ28 Drives: 2015 Camaro Z/28 #311 Join Date: Feb 2018 Location: Roscoe, IL Posts: 133	I bought one but it was a waste of money. Unless you are tracking the car not much to go wrong.