Last post on Nov 25, 2010 at 12:16 PM
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What is this discussion about?
Pontiac, Chrysler, Saturn, Saab, GMC, HUMMER, Jeep, Volvo, Land Rover, Car Warranties, Automotive News, Legislation
What if My Carmaker, Dealer or Warranty Company Goes Under? - We're facing the most tumultuous period of modern automotive history. With daily reports on the possible sale or elimination of major car brands, the potential bankruptcy of automakers General Motors and Chrysler, and the closure or consolidation of hundreds of dealerships, consumers are asking a lot of "what ifs." (more) -
#22 of 59 Re: other CarSpace links [steve_]
Mar 18, 2009 (5:21 pm)
that post seemed to be very familiar.
#23 of 59 Re: other CarSpace links [explorerx4]
by steve_ HOST
Mar 18, 2009 (6:44 pm)
The other ones we get are those that think any post that's at all negative about the brand that love is a troll post.
It works better if people just talk about the topic.
#24 of 59 Re: other CarSpace links [steve_]
Mar 18, 2009 (7:08 pm)
Wow. What a concept.
#25 of 59 Re: other CarSpace links [fezo]
by steve_ HOST
Mar 18, 2009 (7:44 pm)
Yeah, it's just about a bankrupt idea eh?
Mar 21, 2009 (12:52 pm)
Even if the car company goes bankrupt, there is still money in servicing those cars. Part of the bankruptcy agreement will entail servicing the warranties.
Just expect bad service by a third party company. But hey, if you bought a GM your probably expecting to spend time at the service station anyway.
#31 of 59 Current GM warranties ????
Apr 01, 2009 (4:34 am)
I read the news articles about the federal govt. honoring GM and Chrysler warranties.
"The program will cover consumers who buy a new GM or Chrysler vehicle during the restructuring period, according to a U.S. Treasury Department statement."
What if you already own a GM car with an extended warranty and they declare bankrupcy??
My son is going to college in the fall. We bought him a 2007 Malibu Maxx with all the extra safety features curtain & side airbags, etc. We also bought the extended warranty to cover him while he was away from home in college.
But what happens if GM goes bankrupt??? The current proposal by Obama's administration only covers cars purchased during an upcoming transition period.
We're still making payments on the car, including the cost of the warranty. I feel sick.
Thanks for any info anyone can share.
A concerned mom