[Z06] Lifetime powertrain warranty, anyone heard of this?
#1
Safety Car
Thread Starter
Lifetime powertrain warranty, anyone heard of this?
I am looking at a 427 convertible at a Honda dealership in Dallas, and they offer a lifetime powertrain warranty on it. They said only two dealerships in the state offer this and it's a special program.
He said if I'm over 200 miles away from their dealership I could take it to any Chevy dealership in Houston for repair and they take care of anything with the powertrain. Is this too good to be true anyone have experience with this?
He said if I'm over 200 miles away from their dealership I could take it to any Chevy dealership in Houston for repair and they take care of anything with the powertrain. Is this too good to be true anyone have experience with this?
#2
Tech Contributor
Member Since: Oct 1999
Location: Charlotte, NC (formerly Endicott, NY)
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Read the small print. The devil is always in the details. Maybe some special circumstances like a drive train failure is only covered if it occurs during a Buffalo Stampede during a rain storm in Wyoming with no snow on Dec. 31st at 2:12 PM MST.
Bill
Bill
#3
Le Mans Master
I am looking at a 427 convertible at a Honda dealership in Dallas, and they offer a lifetime powertrain warranty on it. They said only two dealerships in the state offer this and it's a special program.
He said if I'm over 200 miles away from their dealership I could take it to any Chevy dealership in Houston for repair and they take care of anything with the powertrain. Is this too good to be true anyone have experience with this?
He said if I'm over 200 miles away from their dealership I could take it to any Chevy dealership in Houston for repair and they take care of anything with the powertrain. Is this too good to be true anyone have experience with this?
Clif
#4
Safety Car
Thread Starter
He said it's a special program that they're involved in it's like an additional insurance company, they examine the car's and then add the warranty to it.
I said does this cover everything including a dropped valve and he said yes. Needless to say I will read the contract before I would buy it.
I said does this cover everything including a dropped valve and he said yes. Needless to say I will read the contract before I would buy it.
#5
Team Owner
He said it's a special program that they're involved in it's like an additional insurance company, they examine the car's and then add the warranty to it.
I said does this cover everything including a dropped valve and he said yes. Needless to say I will read the contract before I would buy it.
I said does this cover everything including a dropped valve and he said yes. Needless to say I will read the contract before I would buy it.
DH
#7
Racer
I bought my Z from a dodge dealer that has this same warranty. Ii didn't get the car for the warranty, and didn't know I had it till I signed papers. I also was a skeptic and dug around a bit. The warranty is a promotional sales gimmick, the warranty is provided by a third party. Pretty much like you would buy independently. More than likely the cost of it is wrapped up in the vehicle price. I looked up and knew the name of the company at the time, but I doubt they will cover all my mods so I didn't bother to remember the name. If I remember the rep of the company was not all that great for covering claims. I didn't think it was any great shakes at the time...you probably shouldn't either.
#8
Team Owner
Nothing but a marketing scam.
#9
Wow the things i read about . Our dealership offers lifetime oil changes , inspections and engine warranty FOR NEW CARS ONLY . No charge , no scam . The only stip is all scheduled service is to be performed and maintained at our dealership or it is void . Seems all dealers pay for the mistakes others have made . Good luck
#10
Safety Car
Thread Starter
I really don't think it is a scam just a game of chance. GM still has there 5 year 100k warranty that is always first then this policy kicks in. I am sure their thought is after 5 years the car will be sold or is unlikely to have problems after 100k. He also said if the engine went 10 years from now they would assess the value of the car and give you the option to take a check or fix the car. The salesman I spoke with said they have had two cars that he knows of that they had to fix under this warranty.
#11
Racer
I really don't think it is a scam just a game of chance. GM still has there 5 year 100k warranty that is always first then this policy kicks in. I am sure their thought is after 5 years the car will be sold or is unlikely to have problems after 100k. He also said if the engine went 10 years from now they would assess the value of the car and give you the option to take a check or fix the car. The salesman I spoke with said they have had two cars that he knows of that they had to fix under this warranty.
Find out the actual name of the company that provides the warranty, and see how they rate with the BBB. Like I said, it dug a little deeper and was not impressed. Sure wish I could remember what company it was. Do they cover mods done to the car???
#12
Its probably a 3rd party warranty insurance. The kicker with these type insurance is always getting them to pay out. I've seen folks got burned and the company didnt do squat, or they honored the warranty but only paid for the part, not the labor. Coworker had an HVAC go out on his 300M and they paid for a $80 part but he footed the $550 labor to pull the whole dash out.
I would ask which company it is then do a google search on the company. I got a feeling you wont like what you'll see.
I would ask which company it is then do a google search on the company. I got a feeling you wont like what you'll see.