Extended car warranties are B.S.

/ Extended car warranties are B.S. #22  
I do State Certified Lemon Law Arbitration and am asked all the time about extended warranties.

Every person where I recommended the extended factory plan has thanked me... and the cost of the plan is negotiable and does not have to be purchased from the same dealer that sold the vehicle...

Covered repairs have included replacement engines, transmissions, steering boxes and rear ends... both domestic and imported...

Mostly higher end vehicles... Cadillac, Land Rover, Honda Touring, etc...
 
/ Extended car warranties are B.S. #23  
Was the extended warranty through the Manufacturer ?
Never had an issue with a warranty claim but it was an OEM warranty 7yrs 100000 miles FCA Gold Plan
 
/ Extended car warranties are B.S.
  • Thread Starter
#24  
I have been searching online to see if my starter is covered by the 10 year powertrain warranty and can find no answers. The Hyundai service department did not mention it was covered. How do I find out if my starter is covered?
 
/ Extended car warranties are B.S. #25  
I have been searching online to see if my starter is covered by the 10 year powertrain warranty and can find no answers. The Hyundai service department did not mention it was covered. How do I find out if my starter is covered?
In with your owner's manual, there should have been a warranty booklet that that states what is and is not covered by the MFG warranty.

Aaron Z
 
/ Extended car warranties are B.S. #26  
I found out the hard way that Dodge doesn't consider U-joints to be part of the power train. I was replacing them on my first Dakota every month/4000 miles, and paid for every one of them. I finally did it myself and realized that they weren't getting greased properly at installation... or not getting greased at all.
 
/ Extended car warranties are B.S. #27  
Yes... General Motors, Land Rover, VW, etc.
 
/ Extended car warranties are B.S. #28  
I have only purchased one extended warranty ever. We got got the Ford extended warranty on my wife’s Expedition because of the price of the truck. We took it to the dealer a couple of months ago just before it nearing the mileage cap for a repair. The dealer didn’t ask to see any service records. They fixed the truck.
 
/ Extended car warranties are B.S.
  • Thread Starter
#29  
In with your owner's manual, there should have been a warranty booklet that that states what is and is not covered by the MFG warranty.

Aaron Z

My powertrain warranty states that the engine and transmission/transaxle are covered and that what is not covered is the same as set forth in the "What is not covered" section of the Hyundai New Vehicle Warranty and the starter is not listed there or anywhere in the warranty .
 
/ Extended car warranties are B.S. #30  
never purchased extended warranty on anything.
When I was in business. I performed some work for warranty companies, but not for very long. They want cheap labor and make the customer pay high deductibles.

Many people that purchase these contracts never read the 50 pages of the contract. That's why they always get screwed when they need to use the warranty.

Just always remember. These companies are in the business of making money, not losing money. And they are very good at what they do.

If you are inclined to purchase one of these extended warranties, You better be sure to read and understand the entire contract

CAVEAT EMPTOR !
 
/ Extended car warranties are B.S. #31  
never purchased extended warranty on anything.
When I was in business. I performed some work for warranty companies, but not for very long. They want cheap labor and make the customer pay high deductibles.

Many people that purchase these contracts never read the 50 pages of the contract. That's why they always get screwed when they need to use the warranty.

Just always remember. These companies are in the business of making money, not losing money. And they are very good at what they do.

If you are inclined to purchase one of these extended warranties, You better be sure to read and understand the entire contract

CAVEAT EMPTOR !
Exactly... the coverage sucks for the typical things that fail. Even then, it's a fight to get it covered and my guess is 'you' lose 99% of the time. Who is going to bring in a lawyer for a couple thousand dollar fight. They got you when you bought the additional warranty.
 
/ Extended car warranties are B.S. #32  
My powertrain warranty states that the engine and transmission/transaxle are covered and that what is not covered is the same as set forth in the "What is not covered" section of the Hyundai New Vehicle Warranty and the starter is not listed there or anywhere in the warranty .
Powertrain is what moves the car. It won't move with a bad starter motor.
Warranty has many exceptions like accident, water, abuse, modifications, rats chewing wires, etc.
How do you know starter motor is bad?
I'd call the dealer. Your can is within 10yr/100k powertrain warranty. It won't go.
Call dealer tomorrow and ask what all is covered.
Keep it simple...end of story.
 
/ Extended car warranties are B.S. #33  
The Land Rover buyer totaled a 5 fold return on the factory extended warranty... valve cover gaskets and lots of air suspension issues...

Several times towing long distance with the horse trailer the air suspension went out...

The Cadillac owners were both 80 and just wanted piece of mind and Cadillac replaced the engine just a month before the extended went out.

Would I buy for a Toyota or other lower cost car... No
 
/ Extended car warranties are B.S. #34  
"Drivetrain" warranties are generally very restrictive and don't cover accessories like starters, alternators, power steering pumps, u-joints, seals etc. In other words, anything likely to wear out is not covered.
 
/ Extended car warranties are B.S. #35  
I friend worked for GM as a director of sales for a region.

When I bought my Ford dually diesel he strongly recommended getting the warranty through Ford. These electrically enhanced vehicles are very expensive to repair.
 
/ Extended car warranties are B.S. #36  
Question: What's the difference between insurance, warrantees, and casino gambling?

Answer: None. In the long run, the house always wins.....otherwise there'd be no house!
 
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/ Extended car warranties are B.S.
  • Thread Starter
#37  
Powertrain is what moves the car. It won't move with a bad starter motor.
Warranty has many exceptions like accident, water, abuse, modifications, rats chewing wires, etc.
How do you know starter motor is bad?
I'd call the dealer. Your can is within 10yr/100k powertrain warranty. It won't go.
Call dealer tomorrow and ask what all is covered.
Keep it simple...end of story.

I had it towed to the dealer. They told me the starter was bad and is not covered by the powertrain warranty.
 
/ Extended car warranties are B.S. #39  
Buying an extended warranty is bad Juju. Your betting against yourself that there will be a failure. The company is betting there will not.
 
/ Extended car warranties are B.S. #40  
I only had one experience with an extended vehicle warranty. Bought one on a 92 Miata way back when. It burned a valve and had to have a valve job. I don't remember all the details of them trying to get out of fixing it but they eventually paid for the repair. It got drug out for a couple of weeks and I think I had to threaten legal intervention but it's been so long ago I'm not sure.

I had a similar situation with a wreck that was the other parties fault. Their insurance company gave me a run around for a couple of weeks not wanting to make me whole. I finally left a message on the adjuster's supervisors voice mail and told them if they didn't settle to my terms by that afternoon I was calling a lawyer. The adjuster that had previously told me "that ain't gonna happen" called me back that day and wanted to let me know the check was in the mail.
 

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