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Extended Warranties

2870 messages,  Last post on Nov 23, 2009 at 4:56 PM

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What is this discussion about? Car Warranties

Edmunds article: Third-Party Extended Warranty Scams

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#2117 of 2870 Dang! That was long! by mitzij Dec 10, 2007 (12:03 pm)
-But you're absolutely right.   I've always suspected that bit about claims being less likely to be paid the closer a customer got to having his benefit outweigh his purchase price.
#2118 of 2870 Re: Avoid -ALL- Non-Factory-Backed Extended Warranties [dampier] by zheka3 Dec 10, 2007 (9:39 pm)
Replying to: dampier (Dec 09, 2007 6:07 pm) Thank u very much.
#2119 of 2870 There goes another one... by mitzij Dec 18, 2007 (11:53 am)
Ultimate Warranty Corp, based in Ohio, has collapsed. They will likely drag their 'insurer' down with them. Surprise, surprise. They are still scrambling to figure their $$, so don't expect to get claims paid anytime soon. Most contracts I've seen have a big VSC in the upper left corner, with Ultimate Warranty Corp. in the fine print. The are 'insured' by Capital Assurance Risk Retention Group, based in South Carolina.   see article in the Minneapolis Star Tribune:   link title Replies to this message: dwynne (Dec 18, 2007 12:38 pm)
#2120 of 2870 Re: There goes another one... [mitzij] by dwynne Dec 18, 2007 (12:38 pm)
Replying to: mitzij (Dec 18, 2007 11:53 am) Thanks for the update.   You would think that any "informed consumer" would not have purchased such a policy from such a company, but we know they sell them all the time   Dennis
#2121 of 2870 People will always jump over a dollar to get to a dime... by mitzij Dec 18, 2007 (1:49 pm)
There website it still up and running. Acting as though they are a happy little company. I can't file a claim, however. That page is mysteriously 'unavailable at this time'.
#2122 of 2870 Extended warranty by mergen Dec 21, 2007 (1:01 pm)
I like the idea of "self insuring" with a separate account but I am also looking at Warranty Direct and AAAuto. Does anyone have experience with them, esp. WD? Replies to this message: joel0622 (Dec 21, 2007 2:45 pm)
#2123 of 2870 Re: Extended warranty [mergen] by joel0622 Dec 21, 2007 (2:45 pm)
Replying to: mergen (Dec 21, 2007 1:01 pm) I think AAA is mechanical break down coverage and Warranty Direct has its very own thread here with allot of unhappy people
#2124 of 2870 What about GE Money Auto Warranty? by scottinky Dec 26, 2007 (4:21 pm)
I was offered this by a wholesaler I am think of buying a C230 from. Seems pretty comprehensive, and way cheaper than the dealer one. I am of the mind to stick with the manufacturer though, but MB is a rip off. Replies to this message: yankeeclipper (Dec 31, 2007 8:39 pm)
#2125 of 2870 Re: What about GE Money Auto Warranty? [scottinky] by yankeeclipper Dec 31, 2007 (8:39 pm)
Replying to: scottinky (Dec 26, 2007 4:21 pm) My wife has a Mercedes E320. It is at the dealership as I write this. There are 3 problems being addressed. The bill is about $1,000. I will pay about $800.00. We have a warranty from Warranty Warehouse. It is a platinum policy that they claimed was simular to a factory warranty. They have all kinds of ways not to pay you. The labor rate they approve is a joke, unless you go to a PEP Boys. The policy cost me $1300. Since then I have paid about $800 for repairs. I am not including maint. The car is serviced regularly by MB. In the end, if you keep the car long enough you could save some money, but not as much as you might be lead to believe
#2126 of 2870 should i return it? by newmedia Jan 09, 2008 (12:32 pm)
i bought a used CPO 2007 nissan morano AWD with 14K miles on it from nissan dealer.   paid, $24,200 inc. nissan 100K miles pre owned preferred extended warranty.   the car came with 100K/7 yr power train warranty under nissan cirtified program covering engine, transmission, AWD, and fule pump..   the extra coverage cost me $1200 for covering suspension, steering, breaks, electrical, and AC after 26?3 yr factory coverage   this is moranos last year of production until new model comes out later this month..   looking at service agreement i just received, i have 60 days to cancell with $50 cancellation fee.   the nissan Cirtified covers 460 parts for 100K miles while the extended warranty will cover 1150 parts.   should i take chace and return the warranty for refund through the dealership where i bought it?   thanks for your input. Replies to this message: joel0622 (Jan 09, 2008 12:39 pm) newmedia (Jan 09, 2008 3:23 pm) joel0622 (Jan 09, 2008 3:41 pm)

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