12-09-2019, 07:31 AM | #1 |
Drives: 2017 Camaro FIFTY 2SS Join Date: Jan 2017
Location: Bluffton, SC
Posts: 303
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Extended Warranty - Yes or No?
I am nearing the end of my factory warranty, as February will be 3 years since purchase. I understand that my power train warranty is good for 5 Years from purchase, so I was wondering what everybody's thought are on getting an extended warranty to cover the remainder of the vehicle.
I'm torn because it seems kind of pricey, but I'm also wondering if there's room for negotiation if I call up General Motors directly instead of just responding to the email. Feedback is appreciated. |
12-09-2019, 08:21 AM | #2 | |
Drives: all sold, getting another soon.. Join Date: May 2019
Location: South Florida
Posts: 282
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Quote:
If your warranty is about to expire, just buy it. You have like 30 days to read the fine print and decide, for a 100% refund. Even if time passes and you haven't used it, you can get a prorated refund if you sell your car. If you try to buy after your warranty expires, not only does it cost more, you can't make a claim for 30 days and 1000 miles. If you are en thinking about it, just get it, before your warranty expires. Its an exclusionary warranty (the only kind to buy!). It is almost as good as the b2b warranty, just excludes cosmetic stuff like paint, interior surfaces, fit and finish, seat coverings. But it covers everything else, including the expensive stuff that breaks; a/c, infotainment, electrical, oil pump, A10 transmission, ELSD, etc ...all covered! Inclusionary warranties cover a list of things that don't break so what's the point (engine block!).
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Larry
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12-09-2019, 08:28 AM | #3 |
Drives: 6th gen Join Date: Aug 2013
Location: US
Posts: 3,675
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Has your car had issues? If it’s it a good one and been reliable, I wouldn’t. Once you work the bugs out, they are reliable and can take a beating.
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‘22 2SS 1LE M6 Summit White - RF, Flexfuel, LT2 intake, 95mm tb, ATI udp, VT ramair, full 28” dragpack - 11.68@122
‘16 1SS M6 LT2 intake + boltons on DR 11.0@126+ (Sold) |
12-09-2019, 08:33 AM | #4 |
Drives: 18 zl1 Join Date: Aug 2017
Location: central alabama
Posts: 935
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I've gotten them on both camaros that I've bought. on the SS, it was nice to have a kia-grade warranty (10 year 100,000 mile) with $50 deductible on everything, regardless of what breaks.
on the zl1, it only covers everything up to 75k, with $100. both are proratable if I ever decided to void it, which I do, I just don't know when. When I traded the SS in @26k, I got a little over $1800 cash. The zl1 warranty is extensive, covering everything mechanical, bumper to bumper, and I have unlimited paintless dent repair and rock chip repair, among other things I'm forgetting, but it was a tad more money for it also. If you have the money, I'd say go for it, you can almost always get some of it back if you decide to ditch it before it's full coverage is gone. |
12-09-2019, 02:08 PM | #5 |
Drives: 2016 Camaro 1LT Join Date: Jan 2016
Location: California
Posts: 3,491
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I always say no to these because they never cover the things that will commonly fail after normal warranty but not before.
Never any damage caused by fluid leaks, which is probably the most common expensive thing to happen on high mileage cars (gaskets fail, etc) |
12-09-2019, 02:43 PM | #6 | |
Drives: 18 zl1 Join Date: Aug 2017
Location: central alabama
Posts: 935
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12-09-2019, 03:56 PM | #7 |
Drives: 2018 ZL1 Hyper Blue A10 Join Date: Jan 2018
Location: Covington LA
Posts: 646
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There's a guy named Dennis Fichtner on the corvetteforum that sells Gm ext warranties through his dealership that I've heard has descent pricing.
Here is his email address if your interested dfichtner@dennymenholt.com |
12-10-2019, 08:54 AM | #8 |
Drives: 2017 2SS, 50th pkg, M6, MRC, NPP Join Date: Jan 2016
Location: Ocean City, NJ
Posts: 3,178
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I find the mechanicals in modern cars to be largely reliable and amenable to self-repair. The problem is the electronics. Past reliability is no guarantee of the future. Modules just fail. And many of those require dealer software as part of the replacement process. It is annoying. Given this car has an all-glass cockpit, I went with an extended warranty.
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12-10-2019, 08:59 AM | #9 | |
Drives: 2016 Camaro 1LT Join Date: Jan 2016
Location: California
Posts: 3,491
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Quote:
read the fine print. They'll replace your gasket totally covered under their warranty, and say you're screwed for all that internal engine damaged caused by the liquid seeping out of the bad gasket. |
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12-10-2019, 10:31 AM | #10 | |
Drives: 6th gen Join Date: Aug 2013
Location: US
Posts: 3,675
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Quote:
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‘22 2SS 1LE M6 Summit White - RF, Flexfuel, LT2 intake, 95mm tb, ATI udp, VT ramair, full 28” dragpack - 11.68@122
‘16 1SS M6 LT2 intake + boltons on DR 11.0@126+ (Sold) |
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12-14-2019, 01:28 AM | #11 | |
STD free
Drives: 2018 Bright Yellow LGX M6 RS NPP Join Date: Nov 2017
Location: SW Florida
Posts: 423
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12-14-2019, 08:10 AM | #12 |
Drives: 2022 Camaro 1SS Redline Join Date: Nov 2019
Location: MD
Posts: 297
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If it’s your daily then maybe you probably will want it. Other thing is with all the technology/electronics, they’re only covered in the bumper to bumper 3yr/36k, and fixing those could get pricey as well.
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12-14-2019, 08:30 AM | #13 |
Hail to the King baby!
Drives: '19 XT4 2.0T & '22 VW Atlas 2.0T Join Date: Dec 2008
Location: Illinois
Posts: 12,170
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You are simply wagering that something big might happen.
For the most part, small items won't add up to enough to justify it. But all it take is one big one in the powertrain or chassis and you'll like "win". From experience, powertrain is generally one of the lowest PPH issues (excluding know bad issues like A8), but it is pretty much number 1 for CPU. And that's kind of what you are betting on. It's not likely to happen, but if it does, you are covered. So how much do you value that piece of mind?
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"Speed, it seems to me, provides the one genuinely modern pleasure." - Aldous Huxley
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12-14-2019, 10:09 AM | #14 |
Drives: 2017 1LE Join Date: Nov 2017
Location: Brooks, GA
Posts: 697
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I protected yself from mayhem like me. Bought the Auto Nation plan at purchase. Not GM.
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'17 Bright Yellow 1LE. PDR, STB, !CAGS
Borla 60606, 11925. Tony Mamo ported TB, ROTOFAB, !Sound Tube |
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