Last post on Oct 11, 2006 at 10:27 AM
You are in the Chevrolet Malibu
What is this discussion about?
Chevrolet Malibu, Chevrolet Malibu Maxx, Chevrolet Malibu SS, Car Warranties, Hatchback, Sedan
Mar 06, 2005 (7:28 am)
I just bought an '05 LT Sedan, and didn't immediately purchase the extended warranty from the dealer. I was wondering if anyone here had any good or bad experiences with after market companies. AAA has one through Mercury Insurance, and then there are all of the web based companies. The dealer wanted ~2500 for the 84/100 (or the 72/100) either way it seemed like alot. The AAA one is 2000 for 84/100, and includes the tire damage, which the GM one didn't even cover. Any inputs will be greatly appreciated.
#3 of 31 Re: Extended Warranty [illinialumni]
Mar 06, 2005 (7:52 am)
he, he...even though I'm a tar heel fan, I'll save you $600:
Black up in PA has the best price on a GMPP right now. It is $1,955 for the 72/100k. There is no such thing as an 84/100k with GMPP. Here's the link:
I'll be buying mine within a month, since I'm running out of time. My advice: drive your car just shy of the 12/12k mark. Calculate your actual miles driven per year and buy the GMPP based on your driving habits. GMPP will add on the 72/100k on top of how many miles/time you have on your 'Bu at the time you submit the paperwork to Black. While I'm not pleased about paying that kind of money for an extended warranty, at least you are not paying the book value quoted you at the dealer.
#4 of 31 Re: Extended Warranty [maxx4me]
Mar 06, 2005 (11:12 am)
Thanks! (I'll still have to root against you guys when we meet in the finals.) Will I need an inspection if I wait till 11K miles to buy this, and what do you think the chances are that the prices will be going up in the meantime?
#5 of 31 Extended Warranties
Mar 06, 2005 (1:36 pm)
Did you all know that prices for extended warranties can be negotiated too? When the dealer F&I person gives you a price, offer half. You can always move the price up until an agreement is made. Everything is negotiable when buying a car, and yes it does work. The price of the warranties are often twice as what they should be. Just some advice, the worst thing they say is NO. But you don't know unless you ask.
#6 of 31 Re: Extended Warranties [bporter1]
Mar 06, 2005 (3:38 pm)
I did try to negotiate with the F&I guy at my dealership, and there was no budging. 2400+ and then tax. This Black dealer in PA sounds almost too good to be true. If I read their information right, I should wait till I have 11K, and then my 72/100 will be good till 111K and almost 8 total years. I will be talking to them this week.
#7 of 31 Re: Extended Warranties [illinialumni]
Mar 06, 2005 (4:51 pm)
You are reading that correct. That is the way GMPP works everywhere. GM allows you to buy their extended warranties at the same price as when you bought the car (as long as you do so within the first 12/12k). When you call Black, you will either have your call answered by or returned by the owner Allen Black. Pretty amazing service in this day and age I'd say.
I wish I did not have to buy this at all, but the Consumer Reports trend seems to be going in the wrong direction regarding the Malibu.
#8 of 31 Re: Extended Warranties [illinialumni]
Mar 09, 2005 (12:41 pm)
You may want to check but i thought the extended warranties were total vehicle miles. So the 72 month/100k miles woud cover you for 6 years and 100,000 miles not 111,000 miles.
this is partly how they make their money. The first 3 years/36k miles are covered by the bumper to bumper warranty then theie warranty kicks in afterwards. So they have 3 years to invest your money before you start making claims to them.
#9 of 31 Re: Extended Warranties [dtownfb]
Mar 09, 2005 (12:53 pm)
feel free to call GMPP directly. They have an excellent 800 support number to answer your questions.
#10 of 31 Re: Extended Warranties [maxx4me]
Mar 20, 2005 (7:41 pm)
I could care less. I just don't want to see him/her get taken advantage. I always understood the warranty will pick up AFTER the 3/36k warranty. And it was total vehicle mileage meaning he/sh is covered only for 72 months or 100k miles, whichever comes first. I never heard of adding the mileage or months. Plus I know it is near impossible to get coverage over 100k miles.