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Mazda MAZDA5, Van
#670 of 1273 Re: Just bought 2008 Mazda5 Touring [zolix]
Sep 23, 2008 (1:59 pm)
I have also purchased the "Mazda Total Care" extended warranty (with ZERO deductiable) for 100,000 miles or 6 years. The GOOD thing is... if I do not use the extended warranty, at the end of the contact, I will get 100% money (the purchase price of the warranty) back. It is stated in the contract. That is the reason I go for it.
But...if you use the warranty for one thing you won't get anything back from what you paid on the warranty. So if you paid $1000 for the warranty and you need $500 in warranty repairs, if you use the warranty you won't get the other $500 back. More than likely you'll have a few minor (less than $1000 repairs prior to 100,000 miles at which point you'll either have to pay the repair cost or lose the purchase price of the warranty.
BTW, what did you pay for the warranty?
#671 of 1273 Re: Just bought 2008 Mazda5 Touring [bobw3]
Sep 24, 2008 (10:01 pm)
For this "Warranty", I think of it as an "insurance". I will need to use it if the Mazda5 need "major" repairs (which will cost me more than the purchase price of the warranty).
Also, I had a Lexus before. It was EXPENSIVE to bring the car to the Lexus dealer to do any services or repair. Just a 30K major service cost me easily $1200. Therefore, for me, it make sense to purchase this "warranty" for the Mazda5, especially, when the car is about 4 and 5 years old, the problem may start coming out.
Anyhow, it is all about personal preference.
#672 of 1273 Re: Just bought 2008 Mazda5 Touring [zolix]
Sep 25, 2008 (5:32 am)
You're right...it's personal preference. As long as you don't use it for the next 7 years you'll be good, but the dealer is betting that if someone has a $500 repair, then they'll use the warranty, which voids getting the $1500 refunded back (or whatever was the initial cost)...what did you pay for the warranty?
#673 of 1273 2008 Touring
Sep 26, 2008 (6:03 am)
I know I'm late with this posting, but I purchased my Touring with the bumper guard and the auto dimming mirror with home link and the price was 20680 + 7 % tax and other fees. I bought it in April but have used it very little - only have a little over 1000 mi. on it. So far I must say I love the car - handles great and it's just the right size for me and my wife.
#674 of 1273 Just got a 09 GT tonight
Sep 26, 2008 (10:27 pm)
After having a terrible experience with Malloy Mazda. I just picked up a White 2009 GT w/o NAV from Fairfax Mazda, VA this evening.
Paid $21600 with free Roof rack, Moon Roof deflector and remote engine starter. I think it was a wonderful deal. We finished the deal over emails ( I didn't feel like sitting in the showroom and bargain for hours). Robert didn't give me any hassles at all.
#675 of 1273 Re: Just bought 2008 Mazda5 Touring [zolix]
Sep 30, 2008 (4:49 pm)
I was offered one of those deals on extended warranty and the 100% money back guarantee. The problem was that 3-4% of inflation compounded over 6 years meant I would lose between 20% and 25% of the money even without using it.
Another consideration when getting those kinds of warranties are the cancellation clauses in case of theft or total loss on an accident. Some contracts state that you can get your money back pro-rated from the day you bought the vehicle rather than from the last day of the standard warranty.
#676 of 1273 Best car I ever owned so far
Oct 01, 2008 (6:45 am)
Been driving my red GT 09 for almost a week and I love it. Drives beautifully. Has much more pickup than I expected. Quality seems perfect so far. Love the bluetooth phone. I've been yelling at my wife for years to use a earpiece. Now she can drive with at least one hand while putting on her makeup.
#677 of 1273 Warranty
Oct 01, 2008 (6:50 am)
Also, I did purchase the extended warranty. Original quote was $1758 for 7yr/100K. I showed her a quote from Ford/Mazda that I got over the internet for $1035 for 8yr/100k. She brought the price down to $1378, then added a $50 coupon. So for $1328, we'll feel safe for 7 years. Also zero deduct. if service is done with that dealer.
#678 of 1273 Re: Warranty [smk124]
Oct 01, 2008 (8:23 am)
Can you please share the site that offered the warranty for $1035? I am interested in it. Thanks!
#679 of 1273 Re: Warranty [smk124]
Oct 01, 2008 (9:19 am)
If you had a quote for 8 yrs/100,000 miles from the Ford/Mazda website for $1035, why did you buy the 7yr warranty for $1328?