Last post on May 28, 2010 at 9:31 PM
You are in the Subaru Legacy & Outback
What is this discussion about?
Subaru Legacy, Subaru Outback, Car Buying, Car Warranties, Sedan, Wagon, SUV
#1 of 14 Take the warranty or pass?
May 26, 2010 (9:06 pm)
I just put money down on a 2010 Outback limited, finalizing the deal and taking delivery tomorrow night. I was offered the 7/70 warranty for $1150. Good deal or not? Should I even take the warranty? I'm always against warranty's, but this is a first year car, with a new design CVT. Factory does go 60k on drive train....
#2 of 14 Warranty or pass?
May 27, 2010 (6:02 am)
I passed, although I'm not sure my dealer offerred as low a price as yours. But regardless of the price think about this, you're paying $1150 for an extra 10,000 miles! Depending on the miles per year you put on the car it's probably not worth any amount.
First year car? Not so much, new CVT? Yes. But it's not like they threw this thing together, slapped it into their top sellers and sent them out the door. The CVT has been around 50 years or so, the design/materials is/are new, but with Subaru's vaunted reputation for being "bulletproof", and their growing popularity in the wider US market, I'm sure they looked really hard at the CVT.
My bet is that "if" something untoward started happening to the CVTs in the out years, Subaru would be very generous with a "hidden" warranty, an upgraded fix, and/or a higher than expected guaranteed trade in on an new Subie. After all, by the time any problems manifested themselves the CVT will be in every car they make.
Congrats on your purchase.
#3 of 14 Re: Take the warranty or pass? [doodlru]
May 27, 2010 (6:06 am)
Good point, the powertrain is already 5/60. You are stretching the 3/36 bumper-to-bumper warranty to nearly double the miles, though.
#4 of 14 Re: Take the warranty or pass? [ateixeira]
May 27, 2010 (8:36 am)
You also have to consider the applied deductible to that extended warranty when factoring the price. From what I have seen, a 7/100 with zero deductible for about $1200 is about the best you're going to find.
However, when considering the mileage limitation of the warranty, you have to consider how many you drive per year. I will be well over 100,000 on my car at seven years, but if you only put about 10,000 a year on it, that extra 30,000 miles of coverage is a moot point and the 7/70 becomes a more attractive offering depending, again, on the associated deductible.
#5 of 14 Re: Take the warranty or pass? [xwesx]
May 27, 2010 (10:48 am)
I agree, and since I have 2 cars that applies to me.
I do about 10,000 miles per year in my minivan and about 6000 miles/year in my Miata.
My wife drivers her Forester less now that she's working from home. I'd prefer to get a 10 year, 60,000 warranty than a 7/100.
#6 of 14 Re: Take the warranty or pass? [ateixeira]
May 27, 2010 (11:04 am)
I am a little embarrassed to admit it, but, after eight months, our new Forester is at about 12,500.
#7 of 14 Re: Take the warranty or pass? [xwesx]
May 27, 2010 (12:29 pm)
Do you ever park, or just drive it constantly like a taxi?
#8 of 14 Re: Take the warranty or pass? [ateixeira]
May 27, 2010 (1:02 pm)
Hahahah; I am starting to think it is the latter by how often my wife fills it up! I only get to drive it once every week or two. Most of the time, I am driving my Escort to commute. Even then, I typically only put 800-1000 miles per month on the Escort.
#9 of 14 Re: Take the warranty or pass? [doodlru]
May 27, 2010 (3:38 pm)
I bought a used vehicle and was offered the warranty coverage at the time of delivery. At the time of purchase, the warranty was out on my vehicle. I decided to take the warranty offered. It added 4 years and 75,000 additional miles. I've had to use it twice and it's already more than paid for itself. The new cars offer such good coverage, that's one reason why your price is relatively inexpensive. The company doesn't have nearly the exposure they had in the past. Bottom line....I'm not sure I'd be a buyer.
#10 of 14 Re: Take the warranty or pass? [doodlru]
May 28, 2010 (9:12 am)
Which direction did you decide to go? Congratulations on your new vehicle!!!