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Extended Warranties

2871 messages, Last post on Dec 02, 2009 at 12:19 PM
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Edmunds article: Third-Party Extended Warranty Scams
| I purchased a '99 Aurora last summer still under factory warranty. After researching that car, on Edmunds board, the consensus from the owners was that a good extended warranty would pay off for this vehicle. 30 days before my factory warranty expired I purchased an exclusionary plan that lists what is excluded - vs. one that lists what is included. I paid $1289 for this piece of mind. Two weeks ago, I encountered a $546 electrical problem that Warrantybynet promptly paid by credit card to the dealer without a hitch. The dealer service manager informed me that there were no problems with working with them. I think a warranty makes sense if the auto you are purchasing is prone to expensive repairs and if you plan on keeping the vehicle and "drive the wheels off it". | |
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Good information. Guess I have been lucky with the Toyota brand although I have not owned a Camry, Sienna, or Previa. Perhaps my luck also is related to buying Toyota before the newer type engine fuel management systems were incorporated. Based on your information, other data in Town Hall, and a most distasteful experience the last time I went to look at 2004 Siennas, the Odyssey has moved ahead of the Sienna for my preference if I get a minivan. |
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I prefer the previous body style over the '04 - the '04 looks like a Camry with a glandular problem, no offense intended. I saw a few Odesseys ('99-00 models), but rarely see them now, if at all. |
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I came across an interesting article on extended warranties in this week's Automotive News. Apparently, more companies than just Warranty Gold were adversely affected by the current financial problems that National Warranty is having. This article talks about how a company named DeltaGroup that markets "Smart Choice" extended warranties through dealerships is currently not playing any claims either. Here is a link to the article: Dealers caught in warranty war - Insurer's problems force tough choices. Car_man Host Smart Shoppers / FWI Message Boards |
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| The smartest choice is to buy a car that doesn't need an extended warranty. | |
| i own a 99 cadillac deville with 33550 on the ododmeter, the factory warranty expired on Jan. 27, 2003. which after market warranty would be the best buy for that vechicle | |
| but even bulletproof cars break, and a Honda Accord tranny still costs $3,000. | |
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