Who Got an Extended Warranty - Page 2

chris227 · 02-15-2016, 07:30 AM

Quote:

Originally Posted by davet435

Friendly Chevrolet??

ramey cheverolet here in sherman, north of mckinney.

kcpoloman · 02-15-2016, 09:41 PM

Happy to report I went to my dealer today and axed that ripoff of an extended warranty.

andrec10 · 02-15-2016, 09:45 PM

1500 for a 7 year, 56k Bumper to Bumper GMEPP warranty with 0 Ded.

GTIanZ28 · 02-15-2016, 10:53 PM

In my opinion extended warranties are a scam.

Most cars are designed to make 100,000 miles without serious mechanical problems or issues.

Save your $2000 and if there are major issues with the car; fix it and flip it as a trade in.

enzia35 · 02-15-2016, 11:26 PM

Never again!

TigerCamaro · 02-16-2016, 06:02 AM

Quote:

Originally Posted by GTIanZ28

In my opinion extended warranties are a scam.

Most cars are designed to make 100,000 miles without serious mechanical problems or issues.

Save your $2000 and if there are major issues with the car; fix it and flip it as a trade in.

They may seem like a scam. You can say that extended warranties are like any kind of insurance. Life, auto, medical, dental, vision, homeowners..... very costly until they are needed. Add up all your premiums.... extended warranty is probably the cheapest over the course of coverage.

andrec10 · 02-16-2016, 06:45 AM

Quote:

Originally Posted by TigerCamaro

They may seem like a scam. You can say that extended warranties are like any kind of insurance. Life, auto, medical, dental, vision, homeowners..... very costly until they are needed. Add up all your premiums.... extended warranty is probably the cheapest over the course of coverage.

These days it does not take much to have a 1000$ repair bill. I look at 1500 as good insurance. This was one of the main reasons I got rid of my Vette.

LesBaer · 02-16-2016, 08:23 AM

God, these seem expensive. When I bought my Charger in 2012 I paid $1300 for a non-transferable, bumper to bumper, lifetime warranty with a $150 deductible that includes a loaner or rental. There are dealers all over the country that sell in high-volume with very little markup. Just do a search on Google and buy it after you get the car. Do let them pressure you into getting it there. You won't pay a premium if you get it after you get the car as long as it's within a certain number of miles. These warranties are only worth it if you don't overpay. Even though my Charger's warranty sounds like a good deal, I've never had to use it - so it really wasn't such a good deal. It also limits what mods you can do. If the mod is proven to contribute to your problem, they won't cover the repair. Also, read it carefully to make sure you understand what is and what isn't covered.

stmbtwilli · 02-16-2016, 09:01 AM

If you must buy extended coverage, at least haggle with the finance person. These warranties are a huge money maker for the dealer. Their markup is a minimum of 50%.
You should not pay more than half of their asking price.

Marty McFlew · 02-16-2016, 04:35 PM

My extended warranty paid for itself. Paid for my 3rd gear synchronizer replacement and failed fuel pump. Dropped it off they provided a rental each time no questions asked.

Marty McFlew · 02-16-2016, 04:36 PM

Quote:

Originally Posted by TigerCamaro

They may seem like a scam. You can say that extended warranties are like any kind of insurance. Life, auto, medical, dental, vision, homeowners..... very costly until they are needed. Add up all your premiums.... extended warranty is probably the cheapest over the course of coverage.

They are a scam until you need it to fix your car. Its a gamble like everything else.

Marty McFlew · 02-16-2016, 04:38 PM

Quote:

Originally Posted by LesBaer

God, these seem expensive. When I bought my Charger in 2012 I paid $1300 for a non-transferable, bumper to bumper, lifetime warranty with a $150 deductible that includes a loaner or rental. There are dealers all over the country that sell in high-volume with very little markup. Just do a search on Google and buy it after you get the car. Do let them pressure you into getting it there. You won't pay a premium if you get it after you get the car as long as it's within a certain number of miles. These warranties are only worth it if you don't overpay. Even though my Charger's warranty sounds like a good deal, I've never had to use it - so it really wasn't such a good deal. It also limits what mods you can do. If the mod is proven to contribute to your problem, they won't cover the repair. Also, read it carefully to make sure you understand what is and what isn't covered.

I got my GM warranty bumper to bumper with No deduct. I think I got a fair deal since I had to use it and the repairs were more than the warranty. And there was no hassles.

Marty McFlew · 02-16-2016, 04:42 PM

Quote:

Originally Posted by GTIanZ28

In my opinion extended warranties are a scam.

Most cars are designed to make 100,000 miles without serious mechanical problems or issues.

Save your $2000 and if there are major issues with the car; fix it and flip it as a trade in.

When I got my car I new I would drive it hard, slamming gears, burning rubber etc. Not like some Toyota Camry that won't see 70mph must less any type of wheel spin whatsoever. Most who drive Camaros will be pushing them much more than your everyday Toyota. If your Camaro is a garage queen and will maintain low mileage then the warranty is a waste.

Dreng · 02-16-2016, 07:09 PM

We got the 6 year 125k. The price was offset as they were able to use "coupon" to drop our interest rate from 3.5 to 2.5%. I know we paid a little still but no more then a few hundred.

02-15-2016, 09:45 PM	#17
andrec10 Drives: 2016 Camaro 2SS 6SP/Suby Legacy 6 Join Date: Oct 2015 Location: Hyde Park, NY Posts: 844	1500 for a 7 year, 56k Bumper to Bumper GMEPP warranty with 0 Ded. __________________ TFPK40 Its Here! Finally came home on 3-31-16! Red Hot 2SS,6 Speed, NPP, MRC, Adrenaline Red interior, Silver Rally Stripes, NAV, Sunroof, 56W Split Spoke Wheels, Body color Hood vents, Body color Splash Guards and winter protection package. Ordered 1-28-16: 1100 2-11-2016 :2000 2-15-2016: 3000 TPW of 3/7...That went quick! 2-26-2016: 3400 Status TPW 3/7 3-5-2016 : 3800 3-8-2016 : 4300 3-11-2016 : 4B00 3-15-2016 : 4200 3-22-2016 : 4800 3-29-2016 : 6000!

02-15-2016, 10:53 PM	#18
GTIanZ28 Drives: 2016 V6 RS Camaro 6MT Join Date: Aug 2015 Location: Portland, OR Posts: 1,102	In my opinion extended warranties are a scam. Most cars are designed to make 100,000 miles without serious mechanical problems or issues. Save your $2000 and if there are major issues with the car; fix it and flip it as a trade in. __________________ Summit White 2LT RS V6 ZN2 NPP m6 khalihari interior. Order placed 9/26/15 - Picked up 12/17/15!

02-15-2016, 11:26 PM	#19
enzia35 Drives: '16 Garnet Red 1SS Join Date: Mar 2014 Location: College Station, TX Posts: 3,450	Never again! __________________ '16 Camaro 1SS '18 Miata GT Gone: '01 Camaro, '14 Camaro, '90 Miata

02-16-2016, 08:23 AM	#22
LesBaer FMPG Drives: 2016 2SS Join Date: Dec 2015 Location: CT Posts: 1,888	God, these seem expensive. When I bought my Charger in 2012 I paid $1300 for a non-transferable, bumper to bumper, lifetime warranty with a $150 deductible that includes a loaner or rental. There are dealers all over the country that sell in high-volume with very little markup. Just do a search on Google and buy it after you get the car. Do let them pressure you into getting it there. You won't pay a premium if you get it after you get the car as long as it's within a certain number of miles. These warranties are only worth it if you don't overpay. Even though my Charger's warranty sounds like a good deal, I've never had to use it - so it really wasn't such a good deal. It also limits what mods you can do. If the mod is proven to contribute to your problem, they won't cover the repair. Also, read it carefully to make sure you understand what is and what isn't covered. __________________ Ordered 3/8/16- NFG/Ceramic White, M6, MRC, NPP, 6 pots, blk blade, no sunroof, blk splitter, blk bow ties, dark tails, nav. ARH 1 7/8" ceramic coated full sys w/NPP; Maggie 9.2psi (85mm); Jannetty rough idle cam(TSP), tune and LT4 fuel system; Forgeline VX1 Black PVD (20x10,11); R88R 315's; ALPriority; BMR rear arms, bushings, DS loop; RF intake (red); nGauge 93 octane: 712rwhp, 654rwtq / E85 (E66 mix): 734rwhp, 674rwtq (SuperFlow Dyno)

02-16-2016, 09:01 AM	#23
stmbtwilli Drives: 2016 Garnet Red 2SS Join Date: Feb 2012 Location: Upstate NY Posts: 723	If you must buy extended coverage, at least haggle with the finance person. These warranties are a huge money maker for the dealer. Their markup is a minimum of 50%. You should not pay more than half of their asking price. __________________

02-15-2016, 09:41 PM	#16
kcpoloman Drives: 2016 Camaro 2SS Join Date: Jan 2016 Location: KCMO Posts: 226	Happy to report I went to my dealer today and axed that ripoff of an extended warranty.

02-16-2016, 04:35 PM	#24
Marty McFlew Banned Drives: 17 SuperSport Camaro 6 on the Flo' Join Date: Feb 2016 Location: USA Posts: 1,507	My extended warranty paid for itself. Paid for my 3rd gear synchronizer replacement and failed fuel pump. Dropped it off they provided a rental each time no questions asked.

02-16-2016, 07:09 PM	#28
Dreng Drives: 13 Camaro Join Date: Aug 2015 Location: Dallas Posts: 563	We got the 6 year 125k. The price was offset as they were able to use "coupon" to drop our interest rate from 3.5 to 2.5%. I know we paid a little still but no more then a few hundred. __________________ 8/12/15 -- Ordered 9/14/15 -- 3000 10/1/15 -- 3100 10/3/15 -- 3300 10/5/15 -- 3400 10/15/15 -- 3800 vin 116990 10/31/15 -- 4B00 11/3/15 --4200/4B00/4300 11/24/15 -- 4B00/4200/4300 12/24/15 -- 5000 Delivered to dealer 12/28/15 -- 6000

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