Extened Waranty
Instructor
Joined: Nov 2003
Posts: 243
Likes: 8
From: San Antonio TX
I purchased one for my C5 on the last day of it's regular warranty. I did it because I saw that the car was going to give me some problems. It was a good investment as it turned out.
I suggest you wait until your warranty is close to being up. If it has exhibited nagging issues, by all means, get it. If it has been a solid car with few issues, it may be worth the gamble not to.
Price varies due to dealer mark up and also the length of time and miles and deductible you want. There are dealers on the forum that will give you a good price. Try Marvin.
I suggest you wait until your warranty is close to being up. If it has exhibited nagging issues, by all means, get it. If it has been a solid car with few issues, it may be worth the gamble not to.
Price varies due to dealer mark up and also the length of time and miles and deductible you want. There are dealers on the forum that will give you a good price. Try Marvin.
Burning Brakes
Joined: Aug 2001
Posts: 1,043
Likes: 8
From: Southboro MA
Drifting
Joined: Oct 2000
Posts: 1,514
Likes: 0
Originally Posted by 9t6t7
Contact Ken at: kenfichtner@fichtnerchevrolet.com
He can answer the questions on cost.
He can answer the questions on cost.
I wouldn't be without it. 
Burning Brakes
Joined: Feb 2005
Posts: 1,032
Likes: 0
From: North Fork,Lawn Guyland New York
Originally Posted by 9t6t7
Contact Ken at: kenfichtner@fichtnerchevrolet.com
He can answer the questions on cost.
He can answer the questions on cost.
Racer
Joined: Feb 2005
Posts: 304
Likes: 0
From: Raleigh NC
Personally, I never buy extended warranties on anything, and on the whole this has saved me a lot of money over the years. I look at it like insurance. If you can't afford the cost of a big repair it may be worth it. Otherwise, it's a better deal for the issuing company than it is for you. I carry hazard insurance on my house, because I really can't afford to replace it if it burns down. On the other hand, I can afford to repair my car -- even if it is something pretty major -- so I don't "insure" that by purchasing an extended warranty.
Also, consider that the extended warranty covers the vehicle during the period when it is relatively unlikely to fail. Early on, various "infant mortality" issues show up (covered by basic warranty, of course). After these are ironed out, the odds of a major failure are pretty low until the car starts to wear out. This is usually after the extended warranty runs out.
If you are concerned about it, do as GaryTX suggests and wait until near the end of the base warranty. If the car is giving you problems, buy the extended warranty at that time.
Also, consider that the extended warranty covers the vehicle during the period when it is relatively unlikely to fail. Early on, various "infant mortality" issues show up (covered by basic warranty, of course). After these are ironed out, the odds of a major failure are pretty low until the car starts to wear out. This is usually after the extended warranty runs out.
If you are concerned about it, do as GaryTX suggests and wait until near the end of the base warranty. If the car is giving you problems, buy the extended warranty at that time.
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