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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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#2426 of 2870
Re: [hondaden] by randy4806
Oct 17, 2008 (1:52 pm)
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Replying to: hondaden (Oct 16, 2008 5:04 pm)

I looked into a refund today for my auto warranty today and what they told me was that the money / differance will go to where you financed the car and the finance place where you financed the car will send the differance to you and it will take 30 DAYS. I dont like these auto warranty places, it is supposed to be "convienant", but I say Nope.
#2427 of 2870
Re: [randy4806] by hondaden
Oct 17, 2008 (4:43 pm)
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Replying to: randy4806 (Oct 17, 2008 1:52 pm)

Randy, great point about if it's financed. Yes, if you financed the warranty through your auto loan, the refund issued from the the warranty comes is applied to reduce the principle of the auto loan by the refund amount. I just found out that is how it is working with my cancellation. Not much of a benefit for me really in terms of interest savings as I have a 0% loan from Chrysler on both vehicles, but refund nonetheless.
 
At least with Geico it's "PAYGO" (pass as you go) if you have the monthly payment option set-up.
#2429 of 2870
Extended Warranty Decision Help by sixgun95
Oct 18, 2008 (6:45 am)
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06 BMW 525 - Dealer called me today to ask if I was interested in an extended warranty since I was over 50K miles ad the factory one was terminated. Car has 51K miles on it. I already have the extended maintenance agreement that extends the maintenance only coverage to 100k or 6 years. The extended warranty will do the same, 6yrs or 100K..."maintenance only". He said the warranty from BMW will cost about 2K, but others exist. I purchased the car in Apr 05'. Basically this will buy me 2.5 yrs of warranty. I plan on keeping the car for atleast that long. So is the extended warranty worth the expense? If you think it is worth it, any other reputable warranty companies out there?
#2430 of 2870
Re: Extended Warranty Decision Help [sixgun95] by hondaden
Oct 18, 2008 (11:30 am)
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Replying to: sixgun95 (Oct 18, 2008 6:45 am)

Sixgun, I can't speak for the BMW warranty, but can only offer to you that I cancelled my extended warranty from the manufacturer and added Mechanical Breakdown Insurance to my Geico Auto policy. Maybe you can ask your insurance carrier if they offer M.B.I. coverage like Geico does. For my Ram Truck it is currently only $15.90 per month and covers all areas of the vehicle that is not under factory warranty. There is a $250 deductible, but with a BMW like yours I am sure that most part and labor rrepairs would exceed that amount in most cases. But I don't think you would be elible for Geico's coverage as they require the vehicle be 15 months or less old, and have less than 15k miles. They also reuire the vehicle be titled to the original owner.
 
$2k seems like a lot of money for 2.5yr./49k mileage coverage, but then again, maybe for a BMW it isn't, Good luck.
#2431 of 2870
Re: I had a great experience with Easycare [kirstie_h] by lucywest
Oct 19, 2008 (2:03 pm)
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Replying to: kirstie_h (Oct 10, 2008 12:08 pm)

Wow, apparently you can't say anything nice about a company or people get really suspicious. I always try to post when I something goes really well. I do that a lot on epinions when I love something and no one is mean there. I didn't know I was in the same city, but that's cool to find out!
#2433 of 2870
Re: I had a great experience with Easycare [lucywest] by mikefm58
Oct 20, 2008 (4:42 am)
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Replying to: lucywest (Oct 19, 2008 2:03 pm)

Go back to your Easy Care cubicle. It is pretty pathetic for your company to put out troll postings like yours.
#2434 of 2870
Re: I had a great experience with Easycare [lucywest] by devonnaw
Oct 20, 2008 (6:15 am)
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Replying to: lucywest (Oct 19, 2008 2:03 pm)

I have heard great things about Easycare and this came from my BMW dealership. I contacted my service rep and asked if he could recommend a warranty company to me as mine has recently expired and he reccomended Easycase. However, I can't seem to find anyplace that I can purchase the warranty from. If anyone know, please let me know.
#2435 of 2870
Re: I had a great experience with Easycare [devonnaw] by hondaden
Oct 20, 2008 (7:16 am)
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Replying to: devonnaw (Oct 20, 2008 6:15 am)

Maybe I am living in a vacuum, but I have never heard of easycare. I would only want to use a company that is backed by alot of cash, and if I couldn't find one, I'd stay with the manufacturer's backed warranty.

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