Last post on Nov 25, 2010 at 12:16 PM
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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) -
#10 of 59 Re: Bankruptcy? What happens to my car warranty then? [nortsr1]
Mar 10, 2009 (9:53 am)
CR may have improved, but I gave up on them when they advised "buy the Nash Rambler".
#11 of 59 Re: Bankruptcy? What happens to my car warranty then? [nortsr1]
by Stever@Edmunds HOST
Mar 10, 2009 (11:44 am)
At some point a company has to come out of Ch. 11 or convert to a liquidating Ch. 7.
And it's possible, although not likely, that an approved plan of reorganization could change the warranty obligations.
For example, as part of their Ch. 11 plan, Chrysler could convert the lifetime drivetrain warranties to a 3/36 warranty. With court approval of course.
I can read CR online free through my library and will have to go take a look. Thanks for the heads up. (CR sold me down the river on a Gruman canoe instead of the much better ABS material back in '74 and I've never forgiven them either ).
Mar 10, 2009 (2:55 pm)
the current owner has decided to not honor the warranties on any sold or unsold saleen vehicles.
#14 of 59 Re: saleen [explorerx4]
Mar 11, 2009 (12:46 pm)
I certainly would not equate the actions of a company the size of Saleen Motors with any future actions a company the size of a General Motors may take.Thats like comparing the corner video rental store with Blockbuster.
#15 of 59 Re: saleen [explorerx4]
Mar 11, 2009 (4:53 pm)
How long before Tesla goes the way of Saleen? One of my 6000 Lithium cells is dead what do I do?
Itís nowhere near as beleaguered as car companies in Detroit, but the ambitious privately-held electric roadster company, Tesla, has put plans for a San Jose-based factory on hold. The company, which has asked for a $400 million low-interest government loan, hasnít been able to raise a necessary $100 million in venture capital to go through with the plans. Part of the issue could be politics: Silicon Valley wants its sexy automaker to stay local, but the government would require Tesla to take over a defunct factory elsewhere.
Mar 12, 2009 (10:47 am)
You have to be a cross between a Philadelphia lawyer and a certified auto tech to be sure you have complete coverage on a third-party warranty. I was denied coverage for a failed VANOS control module ($1200 p&L) because it was not specified in the items covered under my "Platinum" warranty coverage.
#17 of 59 Re: Be careful! [andys120]
Mar 12, 2009 (6:27 pm)
when i was younger and more naive, i ended up with a 3rd party warranty when i thought i got quoted for one from the manufacturer.
i ended up buying it.
one time the car died and i had it towed the the local dealer although it had a clause in it that you had to be 40 miles or more away from the selling dealer to get coverage under the warranty.
i guess the warranty company used the 'as the crow flies' method to determine the distance. in actual driving it was over 40 miles.
i ended up paying 2 hours diagnosis at dealer 1 because they were '38' miles away as measured by the warranty company.
i also had to pay for the tow back to the selling dealer.
to the warranty companies credit, they did reimburse a good portion of the towing bill and to fix the actual problem, although they would not accept the original diagnosis, which was correct.
#18 of 59 Re: other CarSpace links [fezo]
Mar 18, 2009 (12:13 am)
It's good you have lots of warranty left on your Honda Odyssey. My Odyssey has used its warranty many many times for transmissions rebuilds (2), oil leaks, sliding door motors, dash rattles. You get alot of use out of a Honda warranty. What you don't get is a reliable vehicle from Honda
#19 of 59 how do i remove the pump from my power steering reservoir
Mar 18, 2009 (3:26 am)
hey, i'm changing the power steering pump in my car. it's a 1997 850 GLT Wagon, i've removed the pump and reservior from the engine with no problems but am having the hardest time figuring out how to disconnect the two without breaking anything. any sudgestions?