- #4023 of 4410
-
Re: Car premium increase [hilversum]
by euphonium
-
Aug 25, 2008 (7:36 pm)
-
|
|
Replying to: hilversum (Aug 25, 2008 1:57 pm)
You got rid of the 3rd car that was driven by a youth who's grades dropped causing you to take away his driving privilege. That youth is now rated on one of the other two cars as an infrequent driver without a good student discount. Kids Cost. 
|
- #4024 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [Mr_Shiftright]
by chuckie68
-
Aug 28, 2008 (4:53 am)
-
|
|
Replying to: Mr_Shiftright (Aug 25, 2008 7:00 am)
If they offered you KBB pricing or very close to it, I'd take it. You can't do much better than that.
But Used car pricing does not include the LifeTime warranty which is NON-Transferable. So any used car pricing guides would not have this factored in. I found that I can purchase an lifetime extended warranty for $4K, would it be reasonable for them to include that in the settlement?
|
- #4025 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [chuckie68]
by Mr_Shiftright HOST
-
Aug 28, 2008 (6:13 am)
-
|
|
Replying to: chuckie68 (Aug 28, 2008 4:53 am)
But you didn't pay anything extra for the lifetime warranty. How can you suffer a loss on something you did not pay for? And besides, you knew the warranty was not transferable when you bought the car---which is why a lot of people around here didn't bite on it. From my point of view it was little more than a marketing ploy.
I'm just not seeing the solid grounds for your argument here, although I do wish of course that you get a fair and just settlement.
|
- #4026 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [chuckie68]
by mitzij
-
Aug 28, 2008 (6:40 am)
-
|
|
Replying to: chuckie68 (Aug 28, 2008 4:53 am)
Is your $4000 'lifetime extended warranty' the same thing as Chrysler's 'lifetime limited powertrain warranty'?
I'm willing to bet 'no'. Two different sets of coverages, with different rules.
|
- #4027 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [Mr_Shiftright]
by chuckie68
-
Aug 28, 2008 (6:53 am)
-
|
|
Replying to: Mr_Shiftright (Aug 28, 2008 6:13 am)
Isn't that like saying I didn't pay anything extra for the tires? If, for some reason you couldn't buy a car with tires, and therefore you would have to purchase the tires after buying a car, wouldn't that be a loss?
|
- #4028 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [chuckie68]
by Mr_Shiftright HOST
-
Aug 28, 2008 (7:15 am)
-
|
|
Replying to: chuckie68 (Aug 28, 2008 6:53 am)
That's right. You didn't pay extra for the tires, and so you can't claim anything extra for them, unless you added value to the tires. You haven't added value to the warranty, it was included with the car. You have suffered no loss in my opinion, because the car and the Lifetime warranty went together. You lose the car (or sell it) and you lose the Lifetime drivetrain warranty. That was the contract.
I mean you could pitch this claim, this is your right, but I'm on the insurance company's side on this one. (which is rare, but it happens  )
Besides, you could still buy a used 300C with remaining factory warranty, just not the Lifetime Warranty. You'd still get the remainder of 3 yr/36 mo.
|
- #4029 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [Mr_Shiftright]
by mikefm58
-
Aug 28, 2008 (9:56 am)
-
|
|
Replying to: Mr_Shiftright (Aug 28, 2008 7:15 am)
Also, I would expect any value that is lost by a vehicle with that type of warranty to already be adjusted in its market value. This must be a real killer for some vehicles that are traded in that are almost new.
|
- #4030 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [mikefm58]
by Mr_Shiftright HOST
-
Aug 28, 2008 (4:01 pm)
-
|
|
Replying to: mikefm58 (Aug 28, 2008 9:56 am)
I really don't think loss of the Lifetime Warranty is reflected in used car values because nothing has been 'lost'. The warranty is not transferable, so ALL used Chrysler cars lose the warranty. The playing field is thus even. It's not like you can find a used Chrysler WITH the Lifetime and another without, so there is no supply and demand equation tweaking the market pricing.
|
- #4031 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [Mr_Shiftright]
by mikefm58
-
Aug 28, 2008 (5:13 pm)
-
|
|
Replying to: Mr_Shiftright (Aug 28, 2008 4:01 pm)
Sorry for the confusion, but my point was comparing a new Chrysler with the lifetime warranty to an "almost new but used" Chrysler that now does not have the lifetime warranty.
|
- #4032 of 4410
-
Re: No payment for lost warranty coverage on insurance claim [mikefm58]
by Mr_Shiftright HOST
-
Aug 28, 2008 (5:17 pm)
-
|
|
Replying to: mikefm58 (Aug 28, 2008 5:13 pm)
Oh, okay I see what you're saying.
But really, it's the original owner who owns the lifetime warranty, right, not the car all by itself. Without the original owner, the lifetime warranty doesn't exist in fact.
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Smart Shopper 
