Gmpp
Le Mans Master
Joined: Sep 2012
Posts: 7,146
Likes: 1,940
From: Hagerstown MD
St. Jude Donor '15-'16,'18
Contact several dealers and you will likely find prices vary greatly. GMPP is now an Ally Bank product and NOT affiliated with GM. GMEPP is the product affiliated with GM and sold by most dealers.
Thread Starter
Instructor
Joined: Mar 2014
Posts: 215
Likes: 28
From: Atlanta GA
Thank you very much. Clearly, I was unaware.
I bought the Corvette as an annual-traded daily driver. I never considered keeping it, and actually it is very low mileage. Then again, I never considered a steep depreciation
However, I recently had torque tube repairs, and the service manager (great guy and deeply invested) said (essentially) `this would be very expensive outside of warranty and you ought to consider an extended bumper to bumper extended warranty." (I realize that the torque tube is a drive train warranty).
I was asking about the range in prices for the extended warranty. Would still prefer to trade annually.
I bought the Corvette as an annual-traded daily driver. I never considered keeping it, and actually it is very low mileage. Then again, I never considered a steep depreciation
However, I recently had torque tube repairs, and the service manager (great guy and deeply invested) said (essentially) `this would be very expensive outside of warranty and you ought to consider an extended bumper to bumper extended warranty." (I realize that the torque tube is a drive train warranty).
I was asking about the range in prices for the extended warranty. Would still prefer to trade annually.
Race Director
Joined: Dec 2002
Posts: 10,452
Likes: 1,146
From: Wayne Township WI
GMEPP underwrites GM vehicles w/ two main criteria: <120K & <10 y/o.
Premium costs are mainly dictated by vehicle age & to an extent miles.
2 levels of coverage, 2 deducs (0 & $100) & ritzy costs more $. See what each level offers for the charge.
Example: My '08 Z06 w/ 49K just cost me <$3K for 3/24 w/ $100 deduct for a GMEPP good 'til 2019/76K.
I'd bet a GMEPP (from a couple different forum vendors) on a C7, now OFF warranty, would run around $1K for 3/36 no deduct. Even less if car's still under B2B. Newer the car the cheaper coverage costs & slides up the $ scale as vehicle ages.
Check forum vendors selling GMEPP, send 'em a PM/email & ask for a quote. Include current miles & VIN. You'll have your choices & exact cost for coverage desired, regardless future changes since if car's sold/wrecked the remaining prorated $ is refunded from GMEPP upon request minus a $50 service fee.
