[Z06] GM protection plan -
Thread Starter
Pro
Joined: Nov 2002
Posts: 537
Likes: 0
From: amherst ny
GM protection plan -
I just got a flyer in the mail asking me to extend the warranty to 5 years or 75K miles. The cost is 1,428 or 1786 or 1964 depending on the level of coverage.
Is 2 years (4th and 5th) worth 1964, or 932 a year?
Does this cover the clutch?
Any thoughts, who has it?
Is 2 years (4th and 5th) worth 1964, or 932 a year?
Does this cover the clutch?
Any thoughts, who has it?
Melting Slicks
Joined: Dec 2002
Posts: 2,480
Likes: 62
From: Middletown DE
Re: GM protection plan - (jgmachine)
I purchased the Major Guard plan which is like the top of the line.
It does NOT cover the Clutch "disc", it should cover everything else.
I am actually getting royally jerked around by my dealership and there was some "mix up" with my warranty plan.
After reading the information provided online at http://www.gmprotectionplan.com it appears that it covers almost everything with the exception of weatherstripping, tires, brakes, body/paint damage, glass... etc, everything else should be included.
i think i paid 1400 for mine which was for 6 years 70k? i dunno to be honest with you (never did pay attention to the details)
good luck
It does NOT cover the Clutch "disc", it should cover everything else.
I am actually getting royally jerked around by my dealership and there was some "mix up" with my warranty plan.
After reading the information provided online at http://www.gmprotectionplan.com it appears that it covers almost everything with the exception of weatherstripping, tires, brakes, body/paint damage, glass... etc, everything else should be included.
i think i paid 1400 for mine which was for 6 years 70k? i dunno to be honest with you (never did pay attention to the details)
good luck
Thread Starter
Pro
Joined: Nov 2002
Posts: 537
Likes: 0
From: amherst ny
Re: GM protection plan - (99firetruck)
Thanks, The milage really means jack to me because I will never drive 39K in 2 years(36 to 75K). and it sits in my garage in the winter (6 months), so I am really only covering 12 months of driving in a sence???
anyone else?
anyone else?
Le Mans Master
Joined: Dec 2001
Posts: 7,788
Likes: 6
From: Winchester TN
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St. Jude Donor '03-'04-'05-'06-'07-'11
Re: GM protection plan - (jgmachine)
Hi jgmachine -
Extended warranties, like insurance, are a gamble.
You are betting that the vehicle you purchased will have a defect severe enough to require a payout larger than the purchase cost of the extended contract.
In my experience with many new cars, I would be money ahead by just saving the potential warranty purchase costs and applying that money to the actual costs of repairs to the vehicle.
And remember, you are only REALLY getting coverage AFTER the standard warranty expires, in other words, you already have 3/36, so even a 7/100 only gives you 4 years coverage.
My opinion, these warranties are really best for the folks that sell them (or they wouldn't be selling them, now would they?).
Some folks feel strangely pacified by the "security" of having this kind of coverage, just like some people will keep full coverage insurance on a car that is only worth $3500 - whatever floats your boat.
best regards -
mqqn
[Modified by mqqn, 7:02 AM 7/2/2003]
Extended warranties, like insurance, are a gamble.
You are betting that the vehicle you purchased will have a defect severe enough to require a payout larger than the purchase cost of the extended contract.
In my experience with many new cars, I would be money ahead by just saving the potential warranty purchase costs and applying that money to the actual costs of repairs to the vehicle.
And remember, you are only REALLY getting coverage AFTER the standard warranty expires, in other words, you already have 3/36, so even a 7/100 only gives you 4 years coverage.
My opinion, these warranties are really best for the folks that sell them (or they wouldn't be selling them, now would they?).
Some folks feel strangely pacified by the "security" of having this kind of coverage, just like some people will keep full coverage insurance on a car that is only worth $3500 - whatever floats your boat.
best regards -
mqqn
[Modified by mqqn, 7:02 AM 7/2/2003]
Instructor
Joined: Apr 2000
Posts: 147
Likes: 0
Re: GM protection plan - (mqqn)
Hi jgmachine -
Extended warranties, like insurance, are a gamble.
You are betting that the vehicle you purchased will have a defect severe enough to require a payout larger than the purchase cost of the extended contract.
In my experience with many new cars, I would be money ahead by just saving the potential warranty purchase costs and applying that money to the actual costs of repairs to the vehicle.
And remember, you are only REALLY getting coverage AFTER the standard warranty expires, in other words, you already have 3/36, so even a 7/100 only gives you 4 years coverage.
My opinion, these warranties are really best for the folks that sell them (or they wouldn't be selling them, now would they?).
Some folks feel strangely pacified by the "security" of having this kind of coverage, just like some people will keep full coverage insurance on a car that is only worth $3500 - whatever floats your boat.
best regards -
mqqn
Extended warranties, like insurance, are a gamble.
You are betting that the vehicle you purchased will have a defect severe enough to require a payout larger than the purchase cost of the extended contract.
In my experience with many new cars, I would be money ahead by just saving the potential warranty purchase costs and applying that money to the actual costs of repairs to the vehicle.
And remember, you are only REALLY getting coverage AFTER the standard warranty expires, in other words, you already have 3/36, so even a 7/100 only gives you 4 years coverage.
My opinion, these warranties are really best for the folks that sell them (or they wouldn't be selling them, now would they?).
Some folks feel strangely pacified by the "security" of having this kind of coverage, just like some people will keep full coverage insurance on a car that is only worth $3500 - whatever floats your boat.
best regards -
mqqn
:iagree: :iagree:
GM also puts pressure on you to buy one at the time of purchase. GM says if you purchase one the same day then you get a lower price. If you don't then they charge you extra.
Safety Car
Joined: Jun 2000
Posts: 4,151
Likes: 98
From: Conroe TX
St. Jude Donor '11
Re: GM protection plan - (Gately)
If you maintain your vehicle and have average or better luck, you will be money ahead not to purchase an extended warranty. Why spend $1500 for a policy you may well get nothing out of. I have a 95 Corvette which has 112,000 miles on it and the only repair I have performed was replacing the water pump. So I am way ahead on that car by not having the warranty.
I am just not a fan of any of the extended warranty policies on anything. I figure with the money I save by not buying them; I can afford to fix what breaks.
I am just not a fan of any of the extended warranty policies on anything. I figure with the money I save by not buying them; I can afford to fix what breaks.
Pro
Joined: Jun 2002
Posts: 580
Likes: 0
From: Boise ID
Re: GM protection plan - (jgmachine)
I bough my 1999 convertible used (35,000 miles), and bought an 100k/7year warranty to go with it. So far in the 1 year that I have owned it:
1. Replace Active handling Module ($1500)
2. Replace 2 fuel injetors ($400)
3. Replace both gas tank senders ($1200)
4. Repalce Decklid struts & latch ($500)
5. Replace passenger door module ($650)
6. Replace Drive belt (squels) ($100)
7. Replace Idlers & Tensioners ($300)
8. Replace Catlitic Convetrters & H pipe: ($1800)
9. Rear End leak: ($400)
As you can see, it doesn't take much to pay for the warranty. These cars have so many things that can go wrong... and I am not going to ignore problems.
Was it worth the $2100 for the coverage?
Brian Weatherhead
1. Replace Active handling Module ($1500)
2. Replace 2 fuel injetors ($400)
3. Replace both gas tank senders ($1200)
4. Repalce Decklid struts & latch ($500)
5. Replace passenger door module ($650)
6. Replace Drive belt (squels) ($100)
7. Replace Idlers & Tensioners ($300)
8. Replace Catlitic Convetrters & H pipe: ($1800)
9. Rear End leak: ($400)
As you can see, it doesn't take much to pay for the warranty. These cars have so many things that can go wrong... and I am not going to ignore problems.
Was it worth the $2100 for the coverage?
Brian Weatherhead
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Le Mans Master
Joined: Nov 2001
Posts: 6,984
Likes: 0
From: Central Coast CA
Re: GM protection plan
I normally say don't buy an extended warranty on anything but, with how expensive it is to repair a Corvette you may want to think about one. My 96 went through power seat assembly's several times, all covered under an extended warranty. They even replaced the window weatherstriping.
I'm trying to decide whether or not to buy an extended on my 2003 Z06. I noticed the GM extended warranty doesn't cover weatherstriping, the exhaust system, the carpet or even the paint. It seems the only thing it does cover is the engine.
I'm trying to decide whether or not to buy an extended on my 2003 Z06. I noticed the GM extended warranty doesn't cover weatherstriping, the exhaust system, the carpet or even the paint. It seems the only thing it does cover is the engine.
Burning Brakes
Joined: Feb 2003
Posts: 1,016
Likes: 0
From: Bristol Ct
Re: GM protection plan - (jgmachine)
I just got a flyer in the mail asking me to extend the warranty to 5 years or 75K miles. The cost is 1,428 or 1786 or 1964 depending on the level of coverage.
Is 2 years (4th and 5th) worth 1964, or 932 a year?
Does this cover the clutch?
Any thoughts, who has it?
Is 2 years (4th and 5th) worth 1964, or 932 a year?
Does this cover the clutch?
Any thoughts, who has it?
Burning Brakes
Joined: May 2000
Posts: 801
Likes: 1
From: Tampa, FL USA
Re: GM protection plan - (Highroller)
If you sell cars privately rather than trading them in an extended service contract can be a valuable "mod".
It costs $35.00 to transfer one through GMPP.
GMPP is the one to get if you go for one. It also reduces the amount of time the car has to be at the dealer to 2 hours rather than 8 when a "loaner" is being considered.
It costs $35.00 to transfer one through GMPP.
GMPP is the one to get if you go for one. It also reduces the amount of time the car has to be at the dealer to 2 hours rather than 8 when a "loaner" is being considered.
Le Mans Master
Joined: Dec 2001
Posts: 7,788
Likes: 6
From: Winchester TN
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St. Jude Donor '03-'04-'05-'06-'07-'11
Re: GM protection plan - (brianw21)
Hi brianw21 -
Damn - $100 for a belt replacement? Idlers and tensioners? Catalytic converter and H-pipe at 39k miles??? What is going on with your car??
You are on the side of the river where the gamble paid off for you - luckily MOST Corvettes are much less trouble prone than yours has unfortunately been for you -
I am glad that your ownership experience has been saved for you by your warranty - could have been a real head-ache for you with that many problems -
Our vette has 17k+ miles on it with no mechanical problems so far - I am not currently planning on the extendo policy.
best regards-
mqqn
I bough my 1999 convertible used (35,000 miles), and bought an 100k/7year warranty to go with it. So far in the 1 year that I have owned it:
1. Replace Active handling Module ($1500)
2. Replace 2 fuel injetors ($400)
3. Replace both gas tank senders ($1200)
4. Repalce Decklid struts & latch ($500)
5. Replace passenger door module ($650)
6. Replace Drive belt (squels) ($100)
7. Replace Idlers & Tensioners ($300)
8. Replace Catlitic Convetrters & H pipe: ($1800)
9. Rear End leak: ($400)
Was it worth the $2100 for the coverage?
Brian Weatherhead
1. Replace Active handling Module ($1500)
2. Replace 2 fuel injetors ($400)
3. Replace both gas tank senders ($1200)
4. Repalce Decklid struts & latch ($500)
5. Replace passenger door module ($650)
6. Replace Drive belt (squels) ($100)
7. Replace Idlers & Tensioners ($300)
8. Replace Catlitic Convetrters & H pipe: ($1800)
9. Rear End leak: ($400)
Was it worth the $2100 for the coverage?
Brian Weatherhead
You are on the side of the river where the gamble paid off for you - luckily MOST Corvettes are much less trouble prone than yours has unfortunately been for you -
I am glad that your ownership experience has been saved for you by your warranty - could have been a real head-ache for you with that many problems -
Our vette has 17k+ miles on it with no mechanical problems so far - I am not currently planning on the extendo policy.
best regards-
mqqn
Team Owner
Joined: Aug 2000
Posts: 67,942
Likes: 1
St. Jude Donor '12
2012 Election Contest Winner
Re: GM protection plan - (mqqn)
I'm not sure about MOST. But my 99 racked up over $3000K worth of repairs in its first out of the warranty year.
Including:
Steering wheel sensor - $600.
Oil sending unit - $400
Steering pump (2x) $400.
CD changer - $400.
Climate control unit $400.
and the list goes on.
All of this was paid by GMPP, which I purchased for $1000. Also I got $600 back when I traded my car in.
Needless to say I've purchased a GMPP the same day I got my 03.
You are on the side of the river where the gamble paid off for you - luckily MOST Corvettes are much less trouble prone than yours has unfortunately been for you -
I am glad that your ownership experience has been saved for you by your warranty - could have been a real head-ache for you with that many problems -
Our vette has 17k+ miles on it with no mechanical problems so far - I am not currently planning on the extendo policy.
best regards-
mqqn
Including:
Steering wheel sensor - $600.
Oil sending unit - $400
Steering pump (2x) $400.
CD changer - $400.
Climate control unit $400.
and the list goes on.
All of this was paid by GMPP, which I purchased for $1000. Also I got $600 back when I traded my car in.
Needless to say I've purchased a GMPP the same day I got my 03.
You are on the side of the river where the gamble paid off for you - luckily MOST Corvettes are much less trouble prone than yours has unfortunately been for you -
I am glad that your ownership experience has been saved for you by your warranty - could have been a real head-ache for you with that many problems -
Our vette has 17k+ miles on it with no mechanical problems so far - I am not currently planning on the extendo policy.
best regards-
mqqn
Le Mans Master
Joined: May 2001
Posts: 8,244
Likes: 850
From: Hamilton Square NJ, Ocean City N. J. Key Biscayne Fla.
Re: GM protection plan - (PeterK)
I have 6,150 "moderately" driven miles on an '02. So far, right door control module, module controlling the traction control/active handling, and the power steering is acting up which will be serviced at my next oil change. With the C5 it seems as though you either get one that is problem free or one that should be painted Yellow (not MY) but Yellow as in "Lemon" Yellow. At this point, I am wondering in what category my car falls.
Bottom Line: This my thirteenth Vette. I love these cars. But, I would not own one without a warranty, especially the C5. :yesnod: If I don't buy a C6 next year you can bet the farm that I will be getting an extended warranty. I like to sleep at night. :crazy:
Save the WAVE!! :seeya
Bottom Line: This my thirteenth Vette. I love these cars. But, I would not own one without a warranty, especially the C5. :yesnod: If I don't buy a C6 next year you can bet the farm that I will be getting an extended warranty. I like to sleep at night. :crazy:
Save the WAVE!! :seeya
Le Mans Master
Joined: Nov 2001
Posts: 6,984
Likes: 0
From: Central Coast CA
Re: GM protection plan -
My Z06 is new and haven't had any problems. But from listening to others with problems, I'm asking myself, what does this say about the Corvette's quality if you have to have all this warranty work?
Instructor
Joined: Feb 2002
Posts: 219
Likes: 0
From: Daphne AL
Re: GM protection plan - (kgrif)
I went with the 3 year/60k mile on my 2000 coupe and am glad I did. I kept it for 2 years 5 months before selling it to help pay for the ZO6. When sold it had 91K miles and had had the tranny replaced a total of 4 times and the differential replaced once. Not to mention all the times I went to the dealer for the loose seat problem and the idiot fuel guage.
It was my daily driver (averaging 80 to120 miles a day) and my "Saturday night special" (for the track and streets :rolleyes: )
All in all, I saved somewhere in the neighborhood of 15-20,000 $ :eek: through the time I had it.
But that was another time in another life. If its going to be stored in the winter and garaged the rest of the time, I say screw the extended mile warranty, maybe extend the time, but not the miles. If its a daily driver/weekend warrior then get the best they can give!
jus my .02 :seeya
It was my daily driver (averaging 80 to120 miles a day) and my "Saturday night special" (for the track and streets :rolleyes: )
All in all, I saved somewhere in the neighborhood of 15-20,000 $ :eek: through the time I had it.
But that was another time in another life. If its going to be stored in the winter and garaged the rest of the time, I say screw the extended mile warranty, maybe extend the time, but not the miles. If its a daily driver/weekend warrior then get the best they can give!
jus my .02 :seeya
Race Director
Joined: Aug 2002
Posts: 16,697
Likes: 1
From: Redacted
Re: GM protection plan - (mqqn)
Knock on wood, my vert has 10 months and 8000 trouble free miles on her so far.
I bought the GMPP when I bought the car, Jason Walter (forum name c5discounts) matched Fichtners price on $0 deduct 5/60K mile GM major guard plan. It really wasn't expensive at all - far less than one car payment actually.
GMPP does have some advantages even during the warranty period, it covers a rental car, it covers tire problems and a few other things.
It's a gamble, and I'll be happy if I never use it. But if I need to, it'll pay for itself if I only use it once.
If I were going to mod the car extensively or race it, I'd probably not bother with it.
I bought the GMPP when I bought the car, Jason Walter (forum name c5discounts) matched Fichtners price on $0 deduct 5/60K mile GM major guard plan. It really wasn't expensive at all - far less than one car payment actually.
GMPP does have some advantages even during the warranty period, it covers a rental car, it covers tire problems and a few other things.
It's a gamble, and I'll be happy if I never use it. But if I need to, it'll pay for itself if I only use it once.
If I were going to mod the car extensively or race it, I'd probably not bother with it.
Hi jgmachine -
Extended warranties, like insurance, are a gamble.
You are betting that the vehicle you purchased will have a defect severe enough to require a payout larger than the purchase cost of the extended contract.
In my experience with many new cars, I would be money ahead by just saving the potential warranty purchase costs and applying that money to the actual costs of repairs to the vehicle.
And remember, you are only REALLY getting coverage AFTER the standard warranty expires, in other words, you already have 3/36, so even a 7/100 only gives you 4 years coverage.
My opinion, these warranties are really best for the folks that sell them (or they wouldn't be selling them, now would they?).
Some folks feel strangely pacified by the "security" of having this kind of coverage, just like some people will keep full coverage insurance on a car that is only worth $3500 - whatever floats your boat.
best regards -
mqqn
[Modified by mqqn, 7:02 AM 7/2/2003]
Extended warranties, like insurance, are a gamble.
You are betting that the vehicle you purchased will have a defect severe enough to require a payout larger than the purchase cost of the extended contract.
In my experience with many new cars, I would be money ahead by just saving the potential warranty purchase costs and applying that money to the actual costs of repairs to the vehicle.
And remember, you are only REALLY getting coverage AFTER the standard warranty expires, in other words, you already have 3/36, so even a 7/100 only gives you 4 years coverage.
My opinion, these warranties are really best for the folks that sell them (or they wouldn't be selling them, now would they?).
Some folks feel strangely pacified by the "security" of having this kind of coverage, just like some people will keep full coverage insurance on a car that is only worth $3500 - whatever floats your boat.
best regards -
mqqn
[Modified by mqqn, 7:02 AM 7/2/2003]
