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At 11 years old you wouldn't be looking at an extended warranty, you don't have any warranty left to extend. You be looking to buy an aftermarket warranty and I wouldn't bother. Those companies are in it to make money. If yours hasn't been a lemon and hasn't had any issues, I would not purchase an aftermarket warranty at this point and instead keep that money aside for when you do need to repair something.
Most of the 3rd party stuff has a lot of disclaimers and things and are a pain to deal with if you do have to make a claim. Your better off just putting the money aside for a rainy day.
At 11 years old you wouldn't be looking at an extended warranty, you don't have any warranty left to extend. You be looking to buy an aftermarket warranty and I wouldn't bother. Those companies are in it to make money. If yours hasn't been a lemon and hasn't had any issues, I would not purchase an aftermarket warranty at this point and instead keep that money aside for when you do need to repair something.
Most of the 3rd party stuff has a lot of disclaimers and things and are a pain to deal with if you do have to make a claim. Your better off just putting the money aside for a rainy day.
My warranty ran out a few days ago on Feb. 10. I decided not to renew. So far at 40,000 miles it's been great. My Corvette is my daily driver, and I only put about 5K miles a year.
Put the monthly payment you would have given to the aftermarket warranty company into an investment account. It's a gamble, but if you end up not needing it, it makes a great down payment for your next Corvette, and it is still your money. The aftermarket loves it when you don't use it.
I agree with the info above, but if you're set on an aftermarket warranty, go talk to your local service advisor and ask them what companies give them the least amount of hassle when trying to make a warranty claim.
There are always two sides to every story . I have had an extended warranty on the last two vettes I've owned- Quite a few on this forum don't think it's wise to do that . . It makes me feel better having one . I guarantee if you do have problems it won't take long to cover the warranty cost . I bet most everyone on the forum has life insurance -I doubt they're putting money in the bank every month for that .I went with Endurance . Do what makes you feel the best !
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Originally Posted by Dale96
There are always two sides to every story . I have had an extended warranty on the last two vettes I've owned- Quite a few on this forum don't think it's wise to do that . . It makes me feel better having one . I guarantee if you do have problems it won't take long to cover the warranty cost . I bet most everyone on the forum has life insurance -I doubt they're putting money in the bank every month for that .I went with Endurance . Do what makes you feel the best !
I agree and I went with Endurance too. Haven't had any claims to date, but feel better knowing that should something happen the warranty is there.
I agree with many above. I put aside money in a CD just in case I couldn't cover a repair bill and hopefully, I'll never need to touch the money. But, it'll be there to give me the peace of mind that an aftermarket warranty would provide. I've had 4 vehicles with aftermarket warranty and luckily only two repairs, both were less than the deductible!! So that was several thousand out the window that I could still have. Oh, AVOID "Concord Auto Protect", scammers at best. Ask me how I know.
Is Endurance term-limited or can you cancel at any time? The real feedback we need is, how are they once you file a claim? I read some bad reviews online.
I called Endurance today. They quoted me $5500 for 3 years and 30,000 miles. 200 dollar deductible. Doesn't kick in until 30 days and 1000 miles. I decided to pass.
I went with Endurance. They seem to have a good rep. Bought it about a year ago’ $140/mo, for 36 months then the next year is no charge. So about 5K. I still owe about 3K. I am thinking of cancelling now. Car has been very trouble free and I guess if the torque tube goes I can handle the repair charge. Still deciding. Car is paid for and I don’t notice the 140/mo .
I got a five year extended warranty when I bought my Vette in 2020. It expired without being used. I was grateful for the peace of mind.
I got a GM Platinum Protection Plan for my 2016 last December for five years and 50,000 miles for under $3,000. My choice, my peace of mind. E'nuff said!
Put the monthly payment you would have given to the aftermarket warranty company into an investment account. It's a gamble, but if you end up not needing it, it makes a great down payment for your next Corvette, and it is still your money. The aftermarket loves it when you don't use it.
But if you end up needing it and then some? I have 2 extended warranties on non-modified vehicles so far and both are broken even. 2 years left on one and 4 years on the other. I tend to be more nit picky about my systems working. So, if something like the infotainment system has an issue like the door and you have to pay someone to rip out that thing, how much will that cost to replace with labor? How much is the warranty?
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I think the biggest issue with any warranty on a C7 is parts availability.
You hear on the forums about nationwide back orders or discontinued parts.
A friend just had a mishap with his 2017.
After 2 months the GM dealer told him they would have to replace parts with used parts.
He had no choice but to accept them.