Last post on Sep 06, 2010 at 10:48 AM
You are in the Subaru Legacy & Outback
What is this discussion about?
Subaru Legacy, Subaru Outback, Car Warranties, Sedan, Wagon
#48 of 82 warranty alternatives...
Jan 02, 2010 (7:14 am)
If you're "on the fence" about purchasing a warranty on a new vehicle with the quality reputation Subies have, please read this... And please don't flame a "counterpoint" about warranties here folks if you love them. My intent is only to offer some perspective folks...
A mature company like Fuji industries and Subaru USA has pretty darn good engineers and most importantly high quality suppliers folks. If this were a grade of car that was "bottom tier" of the manufacturers, I'd buy the warranty, but Subie and the Outback are NOT.
Every company builds different "grades" of car. The Outback is Subie's top of the line, bread and butter vehicle. They put good "grade" equipment into it.
The vast majority of electronics and mechanical items typically fail either early on due to "infant mortality" or at "end of life". Just a basic rule of manufacturing... I'm more worried with "infant mortality" and most issues on cars I've had in the past were showing symptoms well before the manufacturer 3yr/36K expired. We had a 2000 Honda mini-van for example where the tranny started to have issues early on. Honda replaced it free at 70K miles because we had noted it was showing symptoms at the 3 year service and I called Honda USA with records in hand to prove it (and they had one of the "quiet recalls" Honda is famous for with multiple TSBs about the tranny to boot). My point is that there's a good chance any broad-based issue with the product will be covered later on by a good manufacturer (just be sure to not take the dealer's first answer as the last one!)
Yes, folks are wondering whether the new CVT will last on these cars. This is a proven technology in the auto industry though and I am betting my money Subie's trannys will last at least 100K miles folks.
Will you really keep the car 3 full years PLUS another 35-40K miles when the real end of life issues start that the extended warranty covers? Folks who buy cars at the $30K price point tend to trade every 4 or 5 years... Is it worth $1000-$1500 for 1 or 2 years of insurance? My home owners insurance costs less for perspective!
Anyone leasing the car especially should NOT buy one of these warranties of course. (Don't think this happens often, but beware of dealers who might try it is all)
Can you put $1000 to work in a income-oriented mutual fund or other investment that earns 8% in CASH dividends annually? If so, you'll double this money every 8 years or so that can be used as your own warranty coverage for the vehicle or it's money in your pocket if you're just "average" in your experience with a Subie. Just pointing out that "self-insuring" yourself has it's benefits.
Hope this helps!
#49 of 82 Re: warranty alternatives... [1hhead]
Jan 02, 2010 (7:18 am)
Several good points, but let's keep in mind that lowers the price of said warranty.
It's more about piece of mind. You just don't worry about it.
Plus prices keep creeping up. In the DC area the hourly rate for a mechanic is up to $95!
#50 of 82 Re: warranty alternatives... [ateixeira]
Jan 03, 2010 (7:54 pm)
I was so torn about this extended warranty, but decided to purchase. Yes CVT transmission is proven but not as much as regular automatic.
If Subaru did what Nissan did with Murano (extended power train to 10 years and 100 K on CVT models) I would not even bother with the extended warranty. But since this is new to USA I would like to have this security blanket.
Best of all if anything changes you can always cancel this plan and get your money back as long as it is before your 3 year 36k miles.
I bought extended warranty 7year 100K for $1200. I will see how everything performs over the next 3 years and see I I will keep the warranty or not. If I start seeing a lot of posts on forums about problems with Outback I will keep it, if not I will then think about keeping warranty.
#51 of 82 Re: warranty alternatives... [bob_b1]
Jan 04, 2010 (12:23 pm)
Now that you have it I'm sure Murphy's Law will prevail and your Subaru will run 250,000 miles flawlessly.
#52 of 82 Subaru Added Security
Mar 09, 2010 (11:00 am)
I've got a few quotes yesterday. I could not find extended warranty on subaruwrxparts.com so I emailed them. Also, I emailed all local dealerships and Mastria Subaru (selling extended warranty on ebay). I was looking for 7/70K 0 deductible plans. Here are the results:
Basic - $870
Gold Plus - $1265
subaruwrxparts.com (Exeter Subaru)
Basic - $815
Gold Plus - $1010
Basic - $1195
Gold Plus - $1295
Local dealership 1
Basic - $715
Gold Plus - $910
Local dealership 2
Basic - $1230
Gold Plus - $1620
Local dealership 3
Basic - ~$2400
Gold Plus - ~$2800
I called local dealership #1 and they told me they are selling at $100 over cost.
By coincidence (or not?) this is the place where I bought my Outback and where I go for service.
$910 for 7/70K 0 deductible Gold Plus is not bad at all but I am still not sure if it makes sense even at this price. I am definitely not going to need Trip Interruption benefit and most likely Roadside Assistance either. Does Basic plan for $715 makes more sense?
#53 of 82 Re: Subaru Added Security [aan1234]
Mar 09, 2010 (12:01 pm)
We've purchased the Gold Plus plan for our cars. It has given us peace of mind, although with only one car, so far, have we come out ahead.
You just need one or two odd, but expensive parts to go bad and you'll be happy.you have a plan. Since it is backed by Subaru, there are no hassles to get things paid for.
#54 of 82 Re: Subaru Added Security [snowbelter]
Mar 09, 2010 (12:55 pm)
It doesn't take long to ring up $715.
My dealer's labor rate for mechanics is $95/hour, so we're talking less than one day of labor.
I say go for that at least.
#55 of 82 Re: Subaru Added Security [aan1234]
Mar 09, 2010 (2:44 pm)
Quite the range of prices, but $910 is a good price for the 7/70/0. What is the name of that dealership?
#56 of 82 Re: Subaru Added Security [xwesx]
Mar 09, 2010 (2:56 pm)
> What is the name of that dealership?
Power Subaru, AZ
#57 of 82 Gold vs. Basic
Mar 10, 2010 (8:22 am)
OK, I called in a favor to a friend at SoA, and got the full scoop on the advantages of the Gold Plus:
* road hazard tire protection
* includes roadside assistance
* trip interruption (meals/lodging if 50+ miles away from home)
What isn't covered? Brake pads, wiper blades, etc.
But here's the best part: it includes everything that isn't specifically excluded.
So, for instance, when new technologies are added to a model, like Bluetooth on the 2010 Forester, it's automatically covered since it's not mentioned in the exclusions list.
All new tech is covered, so you don't have to wait for them to revise the Subaru Gold agreement to know it's covered.
So Basic is good, Gold is great.