Extended Warranty Now that Dennis can’t sell to CA?
#21
Le Mans Master
Member Since: Sep 2012
Location: Hagerstown MD
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St. Jude Donor '15-'16,'18
Any confirmation from Ken or a reputable source. Is this based on a CA law or statute?
#22
Safety Car
Ca and 9 other states consider extended warranties sold by folks other than the manufacturer an insurance policy. And sales of insurance policies require an insurance license in the agent's state and a non resident insurance license in the buyers state. The old GMPP was sold as a warranty by GM so isn't an insurance product. Ally bought GMAC so is now considered an insurance product as it is not manufacturer managed.
Last few years, GMEPP has been considered a warranty, however it is managed by a 3rd party insurance company, not by GM employees. So I wondered how long it would get away without being sold by insurance agents. My guess is the determination was made that it is an insurance product not a factory warranty.
Now getting an insurance license is not trivial but not all that hard. And getting a nonresident license once you have your home state's insurance license is trivial. But apparently none of the National sellers have decided to take that step.
Last few years, GMEPP has been considered a warranty, however it is managed by a 3rd party insurance company, not by GM employees. So I wondered how long it would get away without being sold by insurance agents. My guess is the determination was made that it is an insurance product not a factory warranty.
Now getting an insurance license is not trivial but not all that hard. And getting a nonresident license once you have your home state's insurance license is trivial. But apparently none of the National sellers have decided to take that step.
#23
Le Mans Master
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St. Jude Donor '15-'16,'18
I kinda figured this would be the answer. I know that folks in FL were also having trouble buying plans from out of state sellers. I guess I am glad I bought mine when I did because I think MD is also one of the states that regulates these as insurance policies. Oh well, it was nice while it lasted. Will be interested to see if Ken decides to get licenses to sell in those states that regulate these plans as insurance policies.
Last edited by rmorin1249; 04-03-2018 at 08:10 PM.
#24
Burning Brakes
Last year, I purchased my GMEPP Platinum extended warranty from Abel Chevrolet in Rio Vista CA over the phone for less than Dennis was asking.
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
Last edited by Skidplate; 04-03-2018 at 08:41 PM.
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#27
Instructor
Last year, I purchased my GMEPP Platinum extended warranty from Abel Chevrolet in Rio Vista CA over the phone for less than Dennis was asking.
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
but this time is from GM. The cost: $860 with $100 deductible; otherwise, the coverage is identical to the original factory warranty. Where are you folks coming up with the $3000+ crazy premium policies?
#28
Burning Brakes
Like buying a car, these warranties are negotiable. Unfortunatly, the dealers are probably well aware that you have to buy from them now. Wiggle room just decreased significantly. Your probably better off setting aside monies for future emergencies now.
P.S. Love the weather here, hate the politics, traffic, illegals, fires, etc. Many world class driving roads here, unfortunately too much traffic to enjoy them now. Anyone here from West Texas?
P.S. Love the weather here, hate the politics, traffic, illegals, fires, etc. Many world class driving roads here, unfortunately too much traffic to enjoy them now. Anyone here from West Texas?
#29
Melting Slicks
Last year, I purchased my GMEPP Platinum extended warranty from Abel Chevrolet in Rio Vista CA over the phone for less than Dennis was asking.
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
#30
I love watching everyone bash California. I was born in San Francisco and have lived in the Bay Area for all 43 years of my life.
IT'S ALL TRUE! This state is nucking futs. But it is beautiful. I can go mountain biking 365 days a year. We have a ton of mountains - a ton of back country. There's just a ton of stuff to do. if it wasn't for our politicians being bat **** crazy, CA would be awesome.
Oh well. Atleast I have a brand new Vette on the way - and California still has a bunch of great race tracks all over the place to drive on!
IT'S ALL TRUE! This state is nucking futs. But it is beautiful. I can go mountain biking 365 days a year. We have a ton of mountains - a ton of back country. There's just a ton of stuff to do. if it wasn't for our politicians being bat **** crazy, CA would be awesome.
Oh well. Atleast I have a brand new Vette on the way - and California still has a bunch of great race tracks all over the place to drive on!
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#31
Burning Brakes
Last year, I purchased my GMEPP Platinum extended warranty from Abel Chevrolet in Rio Vista CA over the phone for less than Dennis was asking.
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
Ask for Rich.
https://www.corvetteforum.com/forums...16-season.html
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jtranger (04-04-2018)
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#33
Burning Brakes
Last year I also bought 5 additional years from Rich, the service manager at Abel Chevrolet on my 14 c7. It is also a Platinum extended warranty,
but this time is from GM. The cost: $860 with $100 deductible; otherwise, the coverage is identical to the original factory warranty. Where are you folks coming up with the $3000+ crazy premium policies?
but this time is from GM. The cost: $860 with $100 deductible; otherwise, the coverage is identical to the original factory warranty. Where are you folks coming up with the $3000+ crazy premium policies?
Wow- $860 is very reasonable! Was that the price for your 2014 Vette?
Fitcher quoted me: 60/75000 for $1,260
How long did you own your car before you bought the coverage?
Does it add 5 additional years beyond the 3 year warranty (2014 + 3 + 5 = 2022?).
Did you get the Chevrolet Protection plan?
http://media-dmg.assets-cdk.com/team...Y-BROCHURE.pdf
#34
Former Vendor
Lol, I don't get the State bashing either...been a lot of places and wouldn't even consider leaving CA. There is not a single state that is perfect, they all have their good and bad...kinda like picking cars. Some guy like Vettes, some guys hate them, to each their own.
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#35
Melting Slicks
I love watching everyone bash California. I was born in San Francisco and have lived in the Bay Area for all 43 years of my life.
IT'S ALL TRUE! This state is nucking futs. But it is beautiful. I can go mountain biking 365 days a year. We have a ton of mountains - a ton of back country. There's just a ton of stuff to do. if it wasn't for our politicians being bat **** crazy, CA would be awesome.
Oh well. Atleast I have a brand new Vette on the way - and California still has a bunch of great race tracks all over the place to drive on!
IT'S ALL TRUE! This state is nucking futs. But it is beautiful. I can go mountain biking 365 days a year. We have a ton of mountains - a ton of back country. There's just a ton of stuff to do. if it wasn't for our politicians being bat **** crazy, CA would be awesome.
Oh well. Atleast I have a brand new Vette on the way - and California still has a bunch of great race tracks all over the place to drive on!
#36
Le Mans Master
Lol, I don't get the State bashing either...been a lot of places and wouldn't even consider leaving CA. There is not a single state that is perfect, they all have their good and bad...kinda like picking cars. Some guy like Vettes, some guys hate them, to each their own.
#37
Melting Slicks
I just purchased a 2016 coupe & was thinking about extended warranty since mine runs out in 10 months. I asked my friend who is a GM engineer in Michigan. His response was, "I don't feel the extended warranty is worth getting especially if you like to work on cars. Plus I feel we are good at component and vehicle level validation testing for 15 years and 200,000 miles."
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#38
Instructor
Rich Willhoff, Service and Parts Director
Abel Chevrolet-Buick
280 N. Front Street
Rio Vista Ca 94571
707-374-6317/ 800-669-1329
This is a top notch Corvette Shop. Very well known and respected
with Corvette folks here in Northern CA
Abel Chevrolet-Buick
280 N. Front Street
Rio Vista Ca 94571
707-374-6317/ 800-669-1329
This is a top notch Corvette Shop. Very well known and respected
with Corvette folks here in Northern CA
Last edited by Nobull; 04-04-2018 at 09:23 AM. Reason: spelling error
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#39
Le Mans Master
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St. Jude Donor '15-'16,'18
I just purchased a 2016 coupe & was thinking about extended warranty since mine runs out in 10 months. I asked my friend who is a GM engineer in Michigan. His response was, "I don't feel the extended warranty is worth getting especially if you like to work on cars. Plus I feel we are good at component and vehicle level validation testing for 15 years and 200,000 miles."
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Yaupon (04-05-2018)
#40
Corvette Enthusiast
Member Since: Oct 2005
Location: Troy & Dearborn, Michigan
Posts: 5,343
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Thanks for the advice. My 2015 only has 2 months left of bumper to bumper warranty and I live in San Diego.
Wow- $860 is very reasonable! Was that the price for your 2014 Vette?
Fitcher quoted me: 60/75000 for $1,260
How long did you own your car before you bought the coverage?
Does it add 5 additional years beyond the 3 year warranty (2014 + 3 + 5 = 2022?).
Did you get the Chevrolet Protection plan?
http://media-dmg.assets-cdk.com/team...Y-BROCHURE.pdf
Wow- $860 is very reasonable! Was that the price for your 2014 Vette?
Fitcher quoted me: 60/75000 for $1,260
How long did you own your car before you bought the coverage?
Does it add 5 additional years beyond the 3 year warranty (2014 + 3 + 5 = 2022?).
Did you get the Chevrolet Protection plan?
http://media-dmg.assets-cdk.com/team...Y-BROCHURE.pdf
There are 3 tiers apparently
1. Under Warranty less than 12,000 miles (and less than 3 years)
2. Under Warranty (so less than 36,000 miles and less than 3 years)
3. Out of Warranty.
Rumor is that prices jump $1000 between 1 and 2 and at least another $1000 between 3 and 4.
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