- #2637 of 6098
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Re: Is there a standard in the World [poncho167]
by snakeweasel
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Apr 07, 2007 (10:15 am)
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Replying to: poncho167 (Apr 07, 2007 7:02 am)
The one question I would have is whats a typical problem for each car. I could better live with 2 problems a Ford might have if its a light that burns out and a knob that falls off over one problem that a Lexus has if its the engine falling out.
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- #2638 of 6098
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Re: History gives us a clue [Mr_Shiftright]
by snakeweasel
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Apr 07, 2007 (10:17 am)
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Replying to: Mr_Shiftright (Apr 07, 2007 9:05 am)
Good cars don't need long warranties is the best answer I can give.
Then the question is if it is such a good car and doesn't need a longer warranty why try to sell extended warranties at the time of sale? I see a longer warranty as a willingness to stand behind a car. people don't stand behind something like that if they know its no good.
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- #2639 of 6098
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Re: History gives us a clue [Mr_Shiftright]
by gagrice
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Apr 07, 2007 (10:38 am)
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Replying to: Mr_Shiftright (Apr 07, 2007 9:05 am)
The answer I see given to the folks with failed hybrids the most, is. You should have bought the extended warranty. What were you thinking with all the high tech? And those are mostly Toyota hybrids that have VERY expensive replacement parts after the 3yr 36k mile warranty expires. The only things covered under the hybrid warranty is what ever the state requires the automaker to cover. Very little it turns out. The fact that Cadillac and GM have extended the warranty is a sign they are confident in their newer offerings. Same with Hyundai. Not ToyLex and Honda. My Mercedes Sprinter conversion van came with a 7Yr 75k mile standard warranty. Not a $2000 add on as many offer.
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- #2640 of 6098
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Re: History gives us a clue [gagrice]
by rockylee
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Apr 07, 2007 (10:54 am)
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Replying to: gagrice (Apr 07, 2007 7:15 am)
gagrice, Lexus, SUV's are the cheap in Cali ? 
Rocky
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- #2641 of 6098
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Re: History gives us a clue [snakeweasel]
by rockylee
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Apr 07, 2007 (10:57 am)
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Replying to: snakeweasel (Apr 07, 2007 10:17 am)
I agree....It's like buying a electronic device or an appliance. If the company stands behind it that means it must be good. 
Rocky
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- #2642 of 6098
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Re: Durability [imidazol97]
by cooterbfd
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Apr 07, 2007 (10:58 am)
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Replying to: imidazol97 (Apr 07, 2007 8:22 am)
Ask mediapusher-it's HIS comment. My guess is it's held in with a kiniffeling pin
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- #2643 of 6098
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Re: History gives us a clue [gagrice]
by Mr_Shiftright HOST
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Apr 07, 2007 (11:00 am)
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Replying to: gagrice (Apr 07, 2007 10:38 am)
Extended warranties that you buy aren't warranties, right? They are insurance policies, and GREAT profit generators for dealers. You're betting your car screws up, and the warranty company is betting it doesn't screw up beyond the $$$ you paid for the policy. This is why an extended warranty on a Jaguar or Benz costs more---the actuarial tables suggest worse odds for the warranty company than they do for a Honda.
I'd buy an extended warranty if I had a Mercedes, too, but I didn't when I bought the Toyota---the odds are against needing it IMO. I'm playing the odds in other words.
On the other hand, any company offering genuine factory extended warranties right out the door at no cost to the consumer is like a developer of condos saying: "This used to be a bad neighborhood, but now we're offering 24 hour police protection".
GM and Cadillac need to extend the warranty for marketing purposes. It's meant to restore buyer confidence in the product. And it does work!
I'm not saying the consumer SHOULDN'T have confidence in a GM product, I'm just saying they don't have it now and they need encouragement.
Smart move. I'd do it too if I were CEO of GM, and if the company could afford it. Time will tell. If the product still isn't any good, extended warranties will bust GM. Not the first time this has happened to a company.
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- #2644 of 6098
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Re: History gives us a clue [gagrice]
by rockylee
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Apr 07, 2007 (11:04 am)
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Replying to: gagrice (Apr 07, 2007 10:38 am)
Agree..
Rocky
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- #2645 of 6098
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Re: History gives us a clue [Mr_Shiftright]
by rockylee
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Apr 07, 2007 (11:08 am)
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Replying to: Mr_Shiftright (Apr 07, 2007 11:00 am)
Shifty, you put up a good arguement pal. It's hard to argue your position but I think a lot of us think they are confident in the product and want to show the consumer why they should be also.
Rocky
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- #2646 of 6098
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Re: History gives us a clue [Mr_Shiftright]
by gagrice
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Apr 07, 2007 (11:09 am)
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Replying to: Mr_Shiftright (Apr 07, 2007 11:00 am)
There are a lot of unhappy Toyota owners that thought like you do. It is a crap shoot anymore with any car that is not under warranty. The cost of repair has gone up a lot faster than the average wages in this country. You could say the same about health insurance. The difference is if you are sick, broke with out insurance the law requires that you be cared for on the tax payers dollar. That is not the case with a $5000 repair bill on a car past the warranty. ToyLex cost as much or more to repair as a Cadillac.
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