Extended warranty
#1
Racer
Thread Starter
Extended warranty
At time of delivery, Dealer will offer you an extended warranty up to 84 months/54k miles, bumper> bumper. Cost is about $2400.00. Does anyone know about this? Good deal or not? Anyone priced it against other pgms?
Would love to hear from you guys cause I need to know NOW!! Taking delivery Nov3rd at the NCM and doing paperwork today. Thanks...
Would love to hear from you guys cause I need to know NOW!! Taking delivery Nov3rd at the NCM and doing paperwork today. Thanks...
#2
Instructor
I bought one the tire and wheel one as well. I already have a curb mark on my right rear wheel and it is being repaired at no cost to me and I am happy I have them both.
#4
Race Director
The extended warranty runs concurrently with your OEM warranty, so you're paying for "double coverage"...
suggest waiting to buy the GMPP extended warranty right before the 3-yr/36K mi. warranty portion expires.
suggest waiting to buy the GMPP extended warranty right before the 3-yr/36K mi. warranty portion expires.
#5
Team Owner
Member Since: Jun 2005
Location: Northern, VA
Posts: 46,104
Received 2,481 Likes
on
1,944 Posts
St. Jude Donor '15
"In honor of jpee"
To extend on Gary's post above, just make sure to leave yourself about 1/2 to 1 month before your current bumper to bumper (3/36) warranty expires to buy an "extended warranty". The expiration of your existing 3/36 is based on the car's inservice date which may not be the same as the day you bought it---so check first and keep the date somewhere in a file. Miss it by a week and the "extended warranty" will cost you more, quite a bit more.
#7
Moderator
When you buy it, don't get it from your selling dealer (unless they happen to be one of the forum dealers that offer significantly discounted prices on the extended warranties).
#8
Also if you have a tire losing air and they see a mark or scrape on the wheel they use that to deny a claim. Happened to a friend .
Last edited by Senior Teen; 10-23-2014 at 11:38 AM.
#10
Team Owner
Member Since: Aug 2007
Location: I live my life by 2 rules. 1) Never share everything you know. 2)
Posts: 136,148
Received 2,402 Likes
on
1,366 Posts
St. Jude Donor '11-'12-'13, '16-'17-'18
You should check the pricepoints (based on mileage). It may be cheaper overall to buy just before your car turns 24K.
It's still better than spending $2,400 for 3 years/36K miles you'll NEVER use. NEVER
It's still better than spending $2,400 for 3 years/36K miles you'll NEVER use. NEVER
#11
Le Mans Master
Someone here on the forum recently told me the best deal is to wait until you have just12 months/12,000 miles on the car, then buy the 84 month plan. The prices are supposed to much cheaper that way and you still net an extra 60 months of coverage...
#12
Burning Brakes
I bought my warranty @ 11951 miles. The car is less then a year old. I purchased 7yr 84,000 mile warranty( from a Non Forum dealer) So, my car is warrantied to 95,951 miles. I have a $100 deductible. Price $1,650. I looked in to buying it during the second year, but the numbers made more sense to buy it now Hope this helps
Al
Al
#13
Burning Brakes
CORRECT! Wait! You said you were offered an 84 mo/54K mile warranty for $2,400.
What you would actually be getting is 48 mo / 18K miles EXTENDED because your original 36 mo / 36K miles will take care of everything.
When I had approximately 1 month of my original warranty left (I had plenty of miles left) I bought a 48 mo / 48K extended GMPP from Dennis Fitchner for $2,000. I think by the time everything was processed I had about two weeks of overlap.
Also, please, please don't buy a 3rd party extended warranty. I've heard a few good stories about them but, for the most part, they aren't worth the paper they are written on.
Good luck!
What you would actually be getting is 48 mo / 18K miles EXTENDED because your original 36 mo / 36K miles will take care of everything.
When I had approximately 1 month of my original warranty left (I had plenty of miles left) I bought a 48 mo / 48K extended GMPP from Dennis Fitchner for $2,000. I think by the time everything was processed I had about two weeks of overlap.
Also, please, please don't buy a 3rd party extended warranty. I've heard a few good stories about them but, for the most part, they aren't worth the paper they are written on.
Good luck!
#15
Thanks this has been very helpful for me too. My arrival is supposed to be on or around Nov 5th and I hate spending over an hour hearing about all the insurance policies that a buyer must buy. I will pass on them all and get the extended from Ken in 2 years.
Great advice gentlemen.
Great advice gentlemen.
#16
Instructor
"GM’s new F&I products will compete directly with those from Ally (formerly GMAC), which offers extended-service contracts under the GM Protection Plan brand that it licenses from The General, and to which it holds rights until November 2016, according to an Ally spokesperson. Outside of extended-service contracts, Ally’s Auto Dealer Products & Services unit offers prepaid maintenance, GAP, lease wear-and-tear coverage, tire-and-wheel, anti-theft protection, appearance protection, and dent-repair."
Read more: http://gmauthority.com/blog/2013/06/...#ixzz3H1Lekywg
#17
Instructor
Thanks this has been very helpful for me too. My arrival is supposed to be on or around Nov 5th and I hate spending over an hour hearing about all the insurance policies that a buyer must buy. I will pass on them all and get the extended from Ken in 2 years.
Great advice gentlemen.
Great advice gentlemen.