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New car, Purchase the added security or no?

13 messages,  Last post on Jan 24, 2011 at 4:55 PM

You are in the Subaru Legacy & Outback Forum.

What is this discussion about? Subaru Legacy, Car Warranties, Sedan, Wagon

Messages Page 1 of 2

#1 of 13 New car, Purchase the added security or no? by epirb

Oct 06, 2010 (7:34 am)

I just bought a 2011 subaru legacy. The dealer is recommending the added security plan. Normal cost is 564 for the 3 years on top of the manufacturer's 3 years.
He says that if i order before i take delivery, he should be able to get the price to 400 dollars.
Do you think its a good deal? oh if your wondering where i am. the dealers in ramsey new jersey
 
Also. has anyone had experiance with the added security plan with older subaru's? i just don't want one of those useless plans that doesn't cover anything, or has a zillion loopholes that you only find out when something happens.
Thanks

#2 of 13 Re: New car, Purchase the added security or no? [epirb] by ateixeira

Oct 06, 2010 (9:10 am)

Replying to: epirb (Oct 06, 2010 7:34 am)
That actually seems like a good price. Can you clarify - is that bumper to bumper for 6 years? How many miles?
 
It includes roadside assistant, too.

#3 of 13 Re: New car, Purchase the added security or no? [ateixeira] by fibber2

Oct 06, 2010 (12:39 pm)

Replying to: ateixeira (Oct 06, 2010 9:10 am)
No Juice, for $400 it sounds like he is just getting the minimum 3 year policy that overlaps the basic warranty. That provides a rental car, maybe an enhances roadside assistance, etc. Frankly unless you are going to buy a policy that goes beyond the basic warranty term, I'm not convinced it has much real value.
 
Now as far as buying into a 5, 6 or 7 year policy, it really depends on your luck. Feeling lucky kid? may not need it. Like me? buy as much supplemental coverage as you can afford!!

#4 of 13 Re: New car, Purchase the added security or no? [fibber2] by epirb

Oct 06, 2010 (2:01 pm)

Replying to: fibber2 (Oct 06, 2010 12:39 pm)
Oh, just so you know. its the minumum policy. Not the gold. But i only purchased the base model of the legacy. no moonroof or power seat etc.
 
but the covered parts list is the enginer, brakes, transmission, cooling system, awd, stteering, front suspension, electrical, fuel and air condition

#5 of 13 Re: New car, Purchase the added security or no? [epirb] by fibber2

Oct 06, 2010 (6:17 pm)

Replying to: epirb (Oct 06, 2010 2:01 pm)
OK. So what exactly extra is covered during this period that is not already covered by the original 3 yr warranty? Unless the plan is for unlimited mileage and you plan to drive a lot the first 3 years, I just don't see the point.... Not trying to be harsh, but am I missing something?

#6 of 13 Re: New car, Purchase the added security or no? [fibber2] by epirb

Oct 06, 2010 (7:25 pm)

Replying to: fibber2 (Oct 06, 2010 6:17 pm)
all it is making that 3 year warranty that comes with the car.. 6 years long..
 
Is it worth it for 400 dollars? or no. piece of mind?

#7 of 13 Re: New car, Purchase the added security or no? [epirb] by fibber2

Oct 06, 2010 (8:10 pm)

Replying to: epirb (Oct 06, 2010 7:25 pm)
6 years long? No, at least not for $400. There is a 3 year / 45k plan that runs concurrent with the basic warranty that is around $400. The 6 year basic (not gold) extended plan runs closer to 2-3x that.
 
We need to know the exact terms: length (and they all begin at day 1), mileage & deductible.

#8 of 13 Re: New car, Purchase the added security or no? [epirb] by gjksn

Oct 07, 2010 (10:59 am)

Replying to: epirb (Oct 06, 2010 7:34 am)
For my 2003 Legacy Wagon SE, I got the Subaru Gold 7 year warranty. It covered what would have been a very expensive moon roof repair, and just weeks or days before it expired, it covered replacement of the center differential. Since I wouldn't know a differential from a toaster, it might have been the rear differential (if there is one). At any rate, that was pretty expensive, and it was covered too. It's a hard decision whether or not to get an extended warranty. I would do a search of this forum (or maybe Subaru generally), because if my memory serves, I have the impression that people were saying if you weren't going to get the Gold, not to bother. These warranties have been frequently discussed over the years. GRJ

#9 of 13 more details by epirb

Oct 07, 2010 (11:56 am)

This is the link to the subaru's plan
http://www.subaru.com/finance-center/added-security-plans.html
 
The one that i am looking at is the Classic Plan
 
Classic Plan
•Classic plans cover nearly 1000 parts in all major component areas, including engine, transmission, drivetrains, front suspension, steering, brakes, electrical, cooling and fuel systems and air conditioning. Also provides towing and rental car reimbursement for covered repairs.
 
I am paying 400 dollars to get it. It is activate when the manufacture warranty expires in 3 years. the plan will then cover the next 3 years. ( years 3-6)
100 dollar deductible per visit.

#10 of 13 Re: more details [epirb] by fibber2

Oct 07, 2010 (12:55 pm)

Replying to: epirb (Oct 07, 2010 11:56 am)
Again, I going to ask you if you are *really* sure what you are buying. Tricky wording on the part of the dealer's finance guy can leave you with less coverage than you think you are getting.
 
I found this ad from a dealership in Penn on line:
 
Plan Terms (YR/MILES) with $100 Deductible
 
.............. Classic......Gold

3/45,000 $246 $360
4/60,000 $328 $544
5/60,000 $442 $718
6/60,000 $564 $872
6/80,000 $840 $1,230
7/70,000 $840 $1,230
 
All Subaru plans are referenced (year/mileage figures) to begin on the day you buy the car, and from ODO=zero.
 
So if they are telling you $400 for a 3 year plan, it is either an overpriced offer to cover the difference between 36k and 45k miles (but same first 3 years), or a real sweetheart of a deal that is getting you to 6 years and much higher mileage (either 60k or 80k). It could be, but please ask!! I'm trying to help you here....

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