Extended warrantee
Thread Starter
Racer
Joined: Feb 2013
Posts: 260
Likes: 19
From: Elgin IL
Extended warrantee
As my 12 GS gets older , i'm looking for the forum for fair and honest advise. Today's concern is my 7 year GMPP will expire the end of Sept. In these 7 years the car has traveled about 14k miles and has been flawless.
I'm considering getting a new warrantee extension. Most dealers I've talked to offer something other than the GMPP . They say "this is better" "this is less" "this covers more" . Not sure who or what to believe. What do you guys think or recommend ?
Much appreciated
Ron
I'm considering getting a new warrantee extension. Most dealers I've talked to offer something other than the GMPP . They say "this is better" "this is less" "this covers more" . Not sure who or what to believe. What do you guys think or recommend ?
Much appreciated
Ron
Race Director
Joined: Nov 2017
Posts: 12,759
Likes: 10,657
From: Prosper TX/Austin TX
2020 C6 of the Year Winner - Modified
Have you had any issues with your GS? Personally, I would start a car maintenance & repair fund. Start with whatever amount you were planning to pay for an extended warranty, and then drop a little in there each month. If you search, most issues are pretty well-known, and are fairly inexpensive to fix. This way, you're paying yourself and earning interest on that money instead of somebody else.
Safety Car
Joined: Sep 2013
Posts: 4,355
Likes: 2,633
From: Draper Utah
Warranties are always a bad bet as you are really doing nothing but betting if the car breaks or not, the problem is the house, always takes a huge cut. It's obvious how profitable it is for those offering warranties by the massive amount of telemarketers offering them.
And just like Vegas someone will jump in and tell you about their big win (the time the warranty paid off), but you'll seldom hear anything from the hundreds who never used them, or had repairs that were less then what they paid in.
Your mileage may vary...
Safety Car
Joined: Aug 2017
Posts: 4,243
Likes: 1,133
From: North Myrtle Beach SC
I’ve had my 2012 for over 4 years and it now has 51k miles. Only repair so far has been rear axle nuts $10) and a month ago replacing the original Delco. Don’t buy a warranty. You have a good one.
Race Director
Joined: Nov 2017
Posts: 12,759
Likes: 10,657
From: Prosper TX/Austin TX
2020 C6 of the Year Winner - Modified
But on other vehicles that are relatively problem-free and/or easily repairable, my suggestion holds true. Also, outside of warranty, I prefer using performance shops that specialize in Corvettes vs the dealer. I've seen some good reviews for a Corvette shop in Downers Grove that looks to be close to you.
Team Owner
Joined: Apr 2005
Posts: 23,900
Likes: 218
From: Foxtrot Delta Tango
This is my experience. I had a GMPP extended warranty on both my C5 & my C6....around $3,000 for each. Never had a claim with the C5 and one claim that covered about $100 on my C6. In hind sight, that money could have sit in a saving account dedicated to car repairs and I'd have $5900 left today plus interest.
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Safety Car
Joined: Dec 2007
Posts: 4,974
Likes: 148
From: Magnolia Texas
Your GMPP window closes at 10 years from the in service date of the car. If that date is before today, Dennis won’t write you a policy. As others have said, put the monthly premium amount to a repair fund. Self insure is the way to go.
Burning Brakes
Joined: Jun 2015
Posts: 826
Likes: 140
From: AZ
As my 12 GS gets older , i'm looking for the forum for fair and honest advise. Today's concern is my 7 year GMPP will expire the end of Sept. In these 7 years the car has traveled about 14k miles and has been flawless.
I'm considering getting a new warrantee extension. Most dealers I've talked to offer something other than the GMPP . They say "this is better" "this is less" "this covers more" . Not sure who or what to believe. What do you guys think or recommend ?
Much appreciated
Ron
I'm considering getting a new warrantee extension. Most dealers I've talked to offer something other than the GMPP . They say "this is better" "this is less" "this covers more" . Not sure who or what to believe. What do you guys think or recommend ?
Much appreciated
Ron
The C6 is pretty damn reliable. Keep her fluids fresh and you will be just fine.
Instructor
Joined: Jul 2020
Posts: 120
Likes: 77
From: La Vernia, TX
St. Jude Donor '20-'21
It's a die roll really. I purchased an extended service plan with my C6 two years ago and it has paid off for me since my fuel tank needed to be replaced. I'm ahead of the game now.
However, I've purchased extended service plans in the past and it was money pissed down the drain.
YMMV
However, I've purchased extended service plans in the past and it was money pissed down the drain.
YMMV