Question on GMPP
Team Owner
Joined: Aug 2002
Posts: 35,617
Likes: 167
Tech Contributor
Cruise-In 11 Veteran
NCM Ambassador
St. Jude Donor '05-'06-'07-'10
Regarding length of coverage and overlap, it actually depends on when you buy it. The GMPP goes in to effect the day you purchase it.
If you have a factory 3/36 and purchase a GMPP 3/36 the day you bought your new car, you in effect have nothing at the end. Now, obviously no one would do this. How ever if you purchase a 6/72 GMPP the day you bought your car at the end of your factory warranty you would have 3/36 of your GMPP remaining.
From the Major Guard (GMPP) information:
WHEN CAN I PURCHASE GMPP?
Any time as long as your vehicle is still inside the new vehicle limited warranty, PERIOD. Major Guard time and mileage limits start on the same day as you purchase the plan and from the odometer reading the day you purchase the plan. Again, You may purchase the plan at any time but such coverage must be purchased prior to the end of the new vehicle limited warranty of 36 months or 36,000 miles whichever comes first. It makes sense to return to your selling dealer, but if you find it inconvenient to do so, you may use any commercial repair facility, just refer to the Coverage Agreement for the appropriate phone number to call for authorization prior to repairs being started.
Last edited by talon90; Feb 23, 2008 at 09:13 AM.
Former Law Dawg Moderator
Joined: Jan 2005
Posts: 29,434
Likes: 96
From: Eads, Tennessee
CF St. Jude Co-Organizer
St. Jude Donor '05 thru '24
I've got one that I bought from Fichtner. My 06 coupe was born on 3/16/06, but I did not purchase it until 6/19/06, at which time it had 860 miles on it.
I bought the GMPP that same day from Fichtner, for 72 months or 60,000 miles.
My GMPP printed document says the agreement expiration date is 06/19/2012 and the agreement expiration mileage is 60,860 miles, whichever comes first.
I bought the GMPP that same day from Fichtner, for 72 months or 60,000 miles.
My GMPP printed document says the agreement expiration date is 06/19/2012 and the agreement expiration mileage is 60,860 miles, whichever comes first.
I guess I worded it wrong. I was thinking when I bought mine from Dennis just before my warranty went out on my '04. You are correct, the warranty starts when you purchase the ext'd warranty and at that current mileage.
So buy the ext'd warranty just before the original warranty expires?
Last edited by Tact; Feb 23, 2008 at 12:47 PM.
Racer
Joined: Jun 2007
Posts: 351
Likes: 0
From: South Jersey
I bought my '05 in May of '07. Because it was a Certified GM car, Dennis told me that he cannot offer a GMPP warranty. I have to get it from the dealer I bought the vehicle from. I was given a price list when I got the car and the rates look great, so I'm doing that today.
Team Owner
Joined: Aug 2002
Posts: 35,617
Likes: 167
Tech Contributor
Cruise-In 11 Veteran
NCM Ambassador
St. Jude Donor '05-'06-'07-'10
I thought that's what I said.
I guess I worded it wrong. I was thinking when I bought mine from Dennis just before my warranty went out on my '04. You are correct, the warranty starts when you purchase the ext'd warranty and at that current mileage.
So buy the ext'd warranty just before the original warranty expires?
I guess I worded it wrong. I was thinking when I bought mine from Dennis just before my warranty went out on my '04. You are correct, the warranty starts when you purchase the ext'd warranty and at that current mileage.
So buy the ext'd warranty just before the original warranty expires?
Mileage has a bigger impact on the cost of the warranty than age of the car in months has but still plays a factor.
The car still qualifies for new car rates with less than 12 months and less than 12,000 miles. This is the argument for buying it at the time you purchase the car. You can actually purchase 6 years and 72,000 miles cheaper at the new car rate than you can purchase 3 years and 36,000 miles at the end of your factory warranty so to some that know they will be keeping the car, and know they want an extended warranty, this makes good sense if they planned to purchase 3/36 or more at the end.
Paul
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Race Director
Joined: Dec 2007
Posts: 19,574
Likes: 167
From: Frederick, MD
I bought mine when I just ordered my Vette Saturday, 6 years / 100k, no deductiable. The prices only go up the longer you wait and the mileage expiration will not be later or more miles.
Instructor
Joined: Nov 2005
Posts: 157
Likes: 0
From: Childersburg AL
It rides along with factory warranty and then takes over. It is a time expired and odometer reading, not miles driven after the factory warranty has expired. If you buy a warranty after 12K is on your car the price of the warranty jumps way up. If you buy a 100K warranty at 12K you get 88K of coverage. You can drive yourself crazy figuring which is the best one to choose.
good luck with that!
TRB
good luck with that!
TRB
Thread Starter
Burning Brakes
Joined: Aug 2005
Posts: 796
Likes: 0
From: Crapachusetts MA
It rides along with factory warranty and then takes over. It is a time expired and odometer reading, not miles driven after the factory warranty has expired. If you buy a warranty after 12K is on your car the price of the warranty jumps way up. If you buy a 100K warranty at 12K you get 88K of coverage. You can drive yourself crazy figuring which is the best one to choose.
good luck with that!
TRB
good luck with that!
TRB