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Extended Warranties

2873 messages, Last post on Dec 02, 2009 at 2:13 PM
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Edmunds article: Third-Party Extended Warranty Scams
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Many years ago I purchased a third party extended warranty for my Isuzu (an I-Mark Turbo hatchback!) When it came time for a repair five years later the warranty company had gone belly-up. A sympathetic Isuzu dealer cut the repair cost substantially, but I vowed then never to get taken again. I agree with others on this board that you should only consider an extended warranty when the car is near the end of the manufacturer's warranty, and then only purchase from the manufacturer and make certain it's not a third-party company not backed directly by that manufacturer. Personally, I'll take my chances once the car is out of warranty, or sell the car if it's been unreliable for the first few years. |
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Replying to: cmc15 (Feb 26, 2008 2:24 pm) Out of curiosity, how much did you pay for your extended warranty, and how much did Warrantybynet reimburse you for repairs? |
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Just need to do my final bit of research. I never got an extended warranty for my Corolla, so this is all new to me. I understand that an extended warranty can be beneficial, if heaven forbid, I need to make some major repairs down the road that are rather expensive. I also understand, that it's also a hit or miss whether or not I WILL need an extended warranty on a new vehicle. My questions: 1. I know I can get the extended warranty from the F&I office when I buy the vehicle. Can I also get it at any point after, while I still I own the vehicle? 2. Is my best bet getting it from the Nissan dealership or searching online? I've read posts on finding an extended warranty that is backed by the factory / manufacturer. How do I know when that is the case? 3. For any Nissan owners, could you give me an idea of what the Nissan extended warrranty packages are, and the costs? Is it about 5% of the vehicle price? Any info is appreciated!
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Replying to: varsitysg (Jun 06, 2007 12:00 pm)
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Replying to: alexs78213 (Feb 29, 2008 8:59 am) |
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Replying to: candys (Jan 21, 2008 4:12 pm)
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Replying to: candys (Feb 29, 2008 7:12 pm) Ethos Group They called on me one time a few years ago and I seem to remember something about Olympic Care. They only came once though. If I had a $10 bill for every AM warranty compnay I have given the bums rush to over the years I would be retired. |
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Replying to: joel0622 (Jan 24, 2008 10:47 am) |
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Replying to: khristina (Feb 29, 2008 8:45 am) 2. NEVER BUY A WARRANTY ONLINE OR OVER THE PHONE! Read some posts under this as to why. If you buy from the dealer you have a face to go to and not just a phone. Also Nissan's Gold Preferred Warranty is a great warranty. 3. Warranty price has nothing to do with the price of the car. If it's a AWD/4WD Murano expect between 900-1800 depending on how long/how many miles you drive. |
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