Extended Car Warranty

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  #16  
Old 11-18-2021, 08:25 PM
DAVES DAVES is offline
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Originally Posted by Babubhat View Post
There are 1400 semiconductors in most vehicles. The software and electronics are expensive to fix. Depends on the make and model reliability. No longer can you make a blanket statement the warranty is not a good deal. Even 5 year Toyota and Honda have needed expensive repairs. Quality not what it used to be
Quality is not what it used to be? Cars are far different than they used to be. You used to need to do a tune up at 10,000 miles an oil change at 2-3,000 miles. My current car, is far larger, safer and more comfortable than an air cooled VW, I owned two of them. Both get/got 30 miles to the gallon on the highway. My previous car, the spark plugs had 100,000 miles on them. I changed them as a treat for my car.

Someone mentioned headlights. Long gone are standard parts where you could go to a department store, you needed either the round ones or the rectangle ones and they cost like $2.00. Today they are proprietary parts, they will only sell you the assembly and the cost is like $600 plus labor to put it in
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Old 11-18-2021, 08:58 PM
vb993 vb993 is offline
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Or just buy a Hyundai/Kia with a 5 year bumper to bumper warranty and 10 year drive train warranty. Bought a 2007 Hyundai and now 125,000 miles and never a problem. If you want to show off in an expensive vanity car just to make people think you're important get ready to pay.
  #18  
Old 11-18-2021, 10:35 PM
Michael G. Michael G. is offline
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Originally Posted by vintageogauge View Post
Or, never keep your car beyond the warranty period.
Why didn't I think of that.
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Old 11-19-2021, 05:50 AM
Dahabs Dahabs is offline
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Originally Posted by vintageogauge View Post
Or, never keep your car beyond the warranty period.
That is an option. However, the extended warranty is likely less expensive than the depreciation on your new vehicle as you drive it off the lot.
  #20  
Old 11-19-2021, 06:04 AM
DaleDivine DaleDivine is offline
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Originally Posted by laryb View Post
If you wait an hour, you will get an anonymous phone call from a total stranger that can answer all your questions about extended warranties. I've had 4 calls today
Yep, I think I average about 10 a day. On cars I sold 15 years ago and everyone I've owned since...
  #21  
Old 11-19-2021, 06:06 AM
DaleDivine DaleDivine is offline
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Originally Posted by vintageogauge View Post
Or, never keep your car beyond the warranty period.
Exactly...
  #22  
Old 11-19-2021, 06:14 AM
brines brines is offline
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Originally Posted by laryb View Post
If you wait an hour, you will get an anonymous phone call from a total stranger that can answer all your questions about extended warranties. I've had 4 calls today
only 4 calls whats your secret ive got 9 calls in the last 24 hours
  #23  
Old 11-19-2021, 06:19 AM
spinner1001 spinner1001 is offline
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Originally Posted by yabbadu View Post
Extended Car Warranty - Considering purchasing an Extended Vehicle Car Warranty . My car is 2019 and about to exceed 36K New Vehicle Warranty.
Have done considerable research Online about subject.

Question: For those who have done this can you please share you experiences/thoughts on this subject. Experienced users only.....

Greatly Appreciated
I have the experience of researching this kind of question. It is an insurance question.

If you don’t want to be self-insured and don’t mind paying the premium, then buy. If you can self-insure and have the means to pay for car repairs occasionally, then don’t buy.

Most modern cars are made well and don’t need serious repairs until the mileage is well past 36,000.

Be aware of the limitations of the warranty. You may not be buying what you think is covered.

I don’t buy car extended warranties.
  #24  
Old 11-19-2021, 06:27 AM
westernrider75 westernrider75 is offline
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We purchased it from the dealer on our 2 year old Ford F-150 and it paid for itself at least 2 times over. We just replaced that truck with. Ram 1500 and also purchased it. The Ram extended warranty is a bumper to bumper version.
  #25  
Old 11-19-2021, 06:54 AM
donfey donfey is offline
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After the second rack & pinion failure on my 2008 Ford Taurus, (luckily paid for by Ford as the first replacement failed after 11 months,) I asked the Ford Service Manager which (if any) Warranty company paid claims with the least hassle. He said Route 66. I researched Route 66 on line and decided to purchase from them, only to find out they sold only through lenders. I ended up buying from my credit union. It covered everything except wear items, just like a new car warranty. My maximum exposure was $100 per event. It paid for itself. My next car - a 2016 Taurus - was still under factory warranty, but I both the Route 66 warranty anyway - to 7 rears & 125,000 miles. I recommend it.
  #26  
Old 11-19-2021, 06:59 AM
Pres1939 Pres1939 is offline
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Quote:
Originally Posted by yabbadu View Post
Extended Car Warranty - Considering purchasing an Extended Vehicle Car Warranty . My car is 2019 and about to exceed 36K New Vehicle Warranty.
Have done considerable research Online about subject.

Question: For those who have done this can you please share you experiences/thoughts on this subject. Experienced users only.....

Greatly Appreciated
Only buy a warranty if the company will give you a written definition of what repairs they will NOT cover. There are so many parts in cars these days that describing what they WILL cover leaves you open for constant battles with the warranty company over whether the repair is covered or not. Make them specify what they will NOT cover. That will protect you. If they will not do it, walk away.
  #27  
Old 11-19-2021, 07:14 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by Pres1939 View Post
Only buy a warranty if the company will give you a written definition of what repairs they will NOT cover. There are so many parts in cars these days that describing what they WILL cover leaves you open for constant battles with the warranty company over whether the repair is covered or not. Make them specify what they will NOT cover. That will protect you. If they will not do it, walk away.
Good luck with that. The warranty is written by lawyers and it has a section explaining the "exclusions". No one selling extended warranties is going to put anything additional in writing. Even if they did, it would not protect you.
  #28  
Old 11-19-2021, 07:16 AM
frank1975 frank1975 is offline
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I bought mine 2018 at the dealer when purchased new. 6 yrs/100,000 miles. All you need to do is google "best extended auto warranties". You'll get a up to date listing on the best ones. Good luck!!!!
  #29  
Old 11-19-2021, 07:19 AM
MidWestIA MidWestIA is offline
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I bought it with Toyota ONLY because they have so damn many computers in them now
  #30  
Old 11-19-2021, 07:41 AM
Jdburns11 Jdburns11 is offline
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These are generally not good deals - invest the money you would spend for the warranty on normal & proactive maintenance and repair in concert with the manufacturer’s recommendations and you will be fine most of the time.

I’ve known some had to fight claims for various “uncovered” reasons which then makes me wonder how much piece of mind is there if the warranty issuer is financially incentivized to not pay for all kinds of things which are likely in the small print.

For those that have expensive cars, with expensive maintenance - they can likely afford the occasional issue.

No thanks. Not for me. Respectfully, DB
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