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Good way to save some money if stuff happens or throw money at something that may never break. Crapshoot.
yAh thats where im at 2007 base is fine now only has 13207 miles on it now but when i see how repairs on the forum are it might be money worth spending thinking of selling car because i worry so much about all the things that can go wrong cant injoy it 2007 3lt z51 completely flawless now all stock
yAh thats where im at 2007 base is fine now only has 13207 miles on it now but when i see how repairs on the forum are it might be money worth spending thinking of selling car because i worry so much about all the things that can go wrong cant injoy it 2007 3lt z51 completely flawless now all stock
I understand where you’re coming from. But I’ve had a bad experience with an aftermarket warranty company. Won’t ever purchase one again. If you go that route, I would only consider a manufacturer’s extended warranty.
How much up front money is required to purchase the warranty? And what is covered? I’ve decided to just put a few hundred bucks away each month for a year or two to have available for possible repairs. Figure that should cover most anything, and if nothing goes wrong, you’ve just paid yourself.
What do you think about extended car repair insurance
I opted to buy one when I bought my 09 in 2015. When it was financed into the car it was pennies on the dollar per month, no big deal.
Fast forward to July 2019 I noticed a fuel smell in the garage and it got worse day by day. Took it to a recommended dealer and found I missed the 10 year mark by two months, GM wasn’t going to pay for the dropping of fuel tank and pump replacement…..go figure, yet if I had the caddy that’s covered for life of vehicle or so the dealer told me. ( Caddy’s have the same stupid fuel setup).
Thats when my extended warranty paid for itself, 100 dollar deductible and all parts and labor covered. So yea I “lucked” out with the purchase of mine.
It's insurance. The purpose is to pay for an expense that you could not otherwise cover, at least without difficulty. Like any other insurance it is not intended to pay for itself for everyone.
AARP and Consumer Reports say NEVER buy an extended warranty on anything. In particular on a car as they're nothing but a profit center for the dealer. Dealer pays about $1500, sells it for about double that, then the warranty company argues with you about every claim trying to wiggle out of covering it. Not a good investment in my opinion.
AARP and Consumer Reports say NEVER buy an extended warranty on anything. In particular on a car as they're nothing but a profit center for the dealer. Dealer pays about $1500, sells it for about double that, then the warranty company argues with you about every claim trying to wiggle out of covering it. Not a good investment in my opinion.
the fourm is scarying me to drive car with all the things that go wrong with them and all the money i think ill just sell it why its perfect and only has 14031iles on it
the fourm is scarying me to drive car with all the things that go wrong with them and all the money i think ill just sell it why its perfect and only has 14031iles on it
14000 miles and you’re worried about it breaking? There are serious things in life to worry about!
08-02-2021, 11:51 AM
