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Old 07-30-2020, 11:16 PM   #29
zirad54
 
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I just checked my extended GM warranty which was purchased on 3/22/19. Car had 9621 miles. Contract is 60/60000. Expired on 4/2024 or 70621 miles. Mine was purchased from Dennis for $958 and is platinum plan zero deductible.

Warranty had to be purchased before the bumper to bumper expired. The factory warranty activation date was 12/16, so bumper to bumper expired on 12/19 and I am now riding on my extended warranty. Had to use it once for fans that would have cost me over $1k so it already paid for itself. No issues using it and it is good at any gm dealership.

I know that this is not bumper to bumper but pretty darn close. Covers all major areas.
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Old 07-30-2020, 11:25 PM   #30
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Winner

[QUOTE=RWT;10839193]
Quote:
Originally Posted by pauly1119 View Post

FWIW, this copy of a GM extended warranty contract shows both a "Platinum" and a "Platinum Wrap" policy.

The "Platinum" coverage period is described as Pauly claims. The coverage starts on the contract purchase date and mileage is derived by adding the miles of coverage to the odometer mileage. (Contract page 1, pdf page 2)

The "Platinum Wrap" coverage starts on the "Vehicle In-Service Date". (Contract page 2, pdf page 3)

Warranty Contract: [URL]https://www.knappvehicleservicecontracts.com/contract/Sample_GM_service_contract.pdf[/URL


I hope this helps.

No expertise implied or expressed.
Well said COURTEOUSLY said.

Will it get used???? Maybe. Will it provide peace of mind? Yes. Before I happened upon this thread I was in a thread titled "Camaro least reliable model" on this very forum. I won't comment on that but it does support the value of Pauly's purchase.


Have a peaceful night everyone.

Jeff
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Old 07-31-2020, 02:59 AM   #31
MR2620
 
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Quote:
Originally Posted by zirad54 View Post
I just checked my extended GM warranty which was purchased on 3/22/19. Car had 9621 miles. Contract is 60/60000. Expired on 4/2024 or 70621 miles. Mine was purchased from Dennis for $958 and is platinum plan zero deductible.

Warranty had to be purchased before the bumper to bumper expired. The factory warranty activation date was 12/16, so bumper to bumper expired on 12/19 and I am now riding on my extended warranty. Had to use it once for fans that would have cost me over $1k so it already paid for itself. No issues using it and it is good at any gm dealership.

I know that this is not bumper to bumper but pretty darn close. Covers all major areas.
I didn't purchase mine from Dennis, but my contact is written the same way as this and what Pauly described. Car was new in May 2017. Bought a platinum contact Feb 2020 just before bumper to bumper ran out. The car had 6,930 miles at the time of purchase and the contract was for 72/48,000 miles for $1,050. Contract expires 2/27/2026 or 54,930 miles.

My buddy purchased a platinum contact for his truck from the same dealer I got mine from and his is written the same way.

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Old 07-31-2020, 08:51 AM   #32
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Quote:
Originally Posted by MR2620 View Post
I didn't purchase mine from Dennis, but my contact is written the same way as this and what Pauly described. Car was new in May 2017. Bought a platinum contact Feb 2020 just before bumper to bumper ran out. The car had 6,930 miles at the time of purchase and the contract was for 72/48,000 miles for $1,050. Contract expires 2/27/2026 or 54,930 miles.

My buddy purchased a platinum contact for his truck from the same dealer I got mine from and his is written the same way.

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Wow that was a great deal. I almost wish I went a little longer but I hope to be in a Z06 C8 by the time its up.
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Old 07-31-2020, 01:29 PM   #33
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Thanks for updating us on Mieholt and Dennis. I bought mine from Dennis so when and if I extend again I will call him at Laural.
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Old 07-31-2020, 06:59 PM   #34
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Thanks for updating us on Mieholt and Dennis. I bought mine from Dennis so when and if I extend again I will call him at Laural.
Your my neighbor Im in Palm City, good luck with the storm. You can extend again for a 3rd time?
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Old 08-01-2020, 02:55 AM   #35
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Originally Posted by pauly1119 View Post
Wow that was a great deal. I almost wish I went a little longer but I hope to be in a Z06 C8 by the time its up.
Yeah, I was happy with the price. The local dealer I've used for service bulletins and stuff wanted some ridiculous price (can't remember exactly but $3,000 is coming to mind) for a 48/48,000. I said no way but they wouldn't budge. Ended up getting mine from Knapp Chevrolet. Super easy to deal with and I got it at the end of the month so they knocked a bit off the original quoted price. I went with the longer time period and shorter mileage because I only put about 2,500 miles per year on mine.

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Old 08-01-2020, 03:28 AM   #36
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Gm barely warranties anything with a new car purchase. Let alone further out. Waste of money. If it wasn't a waste of money they wouldn't be selling it.
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Old 08-01-2020, 08:49 AM   #37
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Extended warranties have to be priced above the cost of the average claim otherwise they'd lose money on 'em.

So if it cost $3K+ to extend, the chances of you paying that much out in unscheduled repairs before the warranty time period runs out (most Camaras are lower miles), are pretty low for a reliable car. And if a car needs an extended warrany to be "reliable", it isn't.

Manufacturers count on "it might happen to me" to sell 100% of warranties to those who buy them, while <5% will ever recoup the cost over the warranty period. The deck is stacked against you.
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Old 08-01-2020, 11:24 AM   #38
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Does having a RotoFab intake affect buying and using a GM Ext Warranty?
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Old 08-01-2020, 11:54 AM   #39
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Quote:
Originally Posted by digitalfutur View Post
Extended warranties have to be priced above the cost of the average claim otherwise they'd lose money on 'em.

So if it cost $3K+ to extend, the chances of you paying that much out in unscheduled repairs before the warranty time period runs out (most Camaras are lower miles), are pretty low for a reliable car. And if a car needs an extended warrany to be "reliable", it isn't.

Manufacturers count on "it might happen to me" to sell 100% of warranties to those who buy them, while <5% will ever recoup the cost over the warranty period. The deck is stacked against you.
Yep they are a insurance policy you hope to never have to use.
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Old 08-01-2020, 11:59 AM   #40
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Does having a RotoFab intake affect buying and using a GM Ext Warranty?
The person I spoke to when I purchased mine said no mods. My local dealer said some things would be over looked but to be careful. I had asked about changing the exhaust and he said they would not repair anything associated with that system if it failed. My brothers 2017 Silverado's engine just failed, 2 cylinders full of antifreeze and they replaced his and he had an exhaust and flashed the PC so who knows.
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Old 08-01-2020, 12:48 PM   #41
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I told the f&i guy I didn’t want anything of what he was selling. Then he wanted me to sign that he presented it and I didn’t want it. I told him the only things I’m signing for are the loan and the title. Or I’m taking my substantial down payment and going home.

Dealers still don’t get it. They have an ingrained bad reputation with people for very good, fundamental reasons. ALL dealers, no matter how good you think “your” guy is, are rip off artists trying to get every dime out of you from the very second you step on the lot.

You must remain vigilant, informed, guarded, and on your toes when buying a car. Any car, any mfg. except Tesla, because they made it right.

Too bad dealer franchise laws will forever prevent the rest of the mfgs from taking over sales from insipid franchises.

Trust no dealer. Ever.
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