Extended car warranties are B.S.

[caver]

I used to deal with a local UPS driver and he bought an extended warranty on a Polaris ATV. No fault of his the engine sh** the bed. They wouldn't cover it and he went round and round with them. I did buy an EW on a refurbished laptop maybe 20 years ago but never had to use it.

 

[LouNY]

Well I have bought 2 extended warranties, one on my Harley that hasn't been used and one on my RAM 1500,
the RAM one just got used a month ago to replace the tone ring on the engine.
The Tone ring and sensor where several hundred, the tow was almost $200 and labor was a few thousand,
as it requires pulling the transmission and transfer case to remove the engine flex plate to R/R it.
This was the second use of that warranty.

 

[crashz]

I bought an off-lease 1997 F150 with the horrible 4.2L V6 and 5 speed transmission, short bed 4x4. I twas a fun little truck to drive.

At the time of sale I was talked into the extended warranty (it was my first newish vehicle). It had something like 30K on it and at 69K the engine started using coolant and steaming after start up. They were known for timing chain cover leaks, intake gasket and head gasket issues.

No dealer would touch it, even though I was covered by a Ford extended warranty up to 75K. They kept pushing me out of the door saying they could not locate the coolant leak. I think they hoped it would make the last 6,000 miles. Finally after a very hard start and coolant pouring from the tail pipe, I got the selling dealer to do something about it. On a Saturday afternoon, I pulled it up (not daring to shut it off) to the glass showroom windows and talked to the service adviser. While talking, it was steaming and leaking antifreeze from the exhaust. After being rejected again I told them I'll be leaving right there out front for the customers to see and smell. The service manager pulled the owner and parts manager aside and suddenly I was offered a very high trade in value for a truck on the lot. I happily accepted and picked a nice little black one that was out front.

Not surprising, I did not opt for the extended warranty.

 

[Tomtint]

Hmmmm ...extended warranty.. so a car comes with a factory 5yr 100k warranty, ..and the dealer wants to sell you a 6 year 150k warranty... in actually hat you are getting is a 1 year 50k warranty...just as long as you have all the service records to show you have done every mfr recommend service on time. ..yes, it's a scam. There are dozens of companies who will fill your mailbox with 3rd party warranty offers just about the time your. Factory warranty is about to expire.. all with different scams and price points.

 

[k0ua]

To the OP, thank you for sharing your story. I have never bought one of the extended warranties, but the wife mentioned it a while ago about getting one for our 2013 Chrysler minivan, as we are getting older and neither of us are working and making the money like we used to bring in. I thought about it but resisted the urge. Thank you for solidifying my first impression that these are probably not a good investment for us. I wish you well.

 

[Bird]

I'm sure everyone knows that a so called "extended warranty" is simply insurance, and just as with any other insurance company, or insurance policy, you need to read and hope to understand all the fine print.:laughing: The factory 3 year warranty on my car expires next month, and I've already paid for a so called extended warranty. And I hope it was money wasted, and that I never have to use it.:laughing:

 

[Diggin It]

"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.

I don't consider a starter to be an accessory. Not like the old days when you could hand crank one.


On the other hand, I have at times seem language that specifies mechanical components only and excludes all electrical components.

 

[aczlan]

I don't consider a starter to be an accessory. Not like the old days when you could hand crank one.


On the other hand, I have at times seem language that specifies mechanical components only and excludes all electrical components.

Looking at the only Genesis warranty manual I could find online which (was for 2016), the drivetrain warranty seems to cover internal parts of the engine and transmission, not external parts such as the starter, alternator, etc.

Aaron Z

 

[herm0016]

i just paid 300 bucks for over 5k worth of work, warranty paid for it self almost double at over 100k miles. pinion bearing, radiator and transmission cooler lines. I get them, as long as its manufacture backed. have not gone wrong on it yet.

 

[txdon]

i just paid 300 bucks for over 5k worth of work, warranty paid for it self almost double at over 100k miles. pinion bearing, radiator and transmission cooler lines. I get them, as long as its manufacture backed. have not gone wrong on it yet.

Did they ask to see you maintenance records like they did to the OP?

 

[herm0016]

Did they ask to see you maintenance records like they did to the OP?

nope. no questions asked. they even decided to replace the whole front diff at a slightly higher cost instead of having them replace just the bearing. They paid for a tire sensor too. never thought that would be covered. GMC truck with a ford warranty bought from a ford dealer.

 

[ovrszd]

i just paid 300 bucks for over 5k worth of work, warranty paid for it self almost double at over 100k miles. pinion bearing, radiator and transmission cooler lines. I get them, as long as its manufacture backed. have not gone wrong on it yet.

I'm thinking maybe you need to change brands.

 

[ovrszd]

nope. no questions asked. they even decided to replace the whole front diff at a slightly higher cost instead of having them replace just the bearing. They paid for a tire sensor too. never thought that would be covered. GMC truck with a ford warranty bought from a ford dealer.

I was typing while you were typing....

Maybe you still need to change brands.

 

[aczlan]

GMC truck with a ford warranty bought from a ford dealer.

I think that is the key, it needs to be a manufacturer's warranty not a aftermarket warranty that actually be useful.

Aaron Z

 

[herm0016]

I was typing while you were typing....

Maybe you still need to change brands.

meh, its the only work that has been done to the truck in the last 40k miles. Its not babied, been over weight on occasion, slide in camper over some rough trails. towing in the mountains. None of those things are totally out of line for over 100k miles. the Rad leak was so small the tech had to get a flashlight out to show me the spot, the trans cooler lines were leaking enough to stick some dust to the crimp end. They have gotten pretty toasty a time or 2. i knew about the trans lines just decided to get it all taken care of if the warranty people could bear it when the pinion bearing was humming.

yes, i think the key here is a manufacture based warranty.

 

[Fuddy1952]

I had it towed to the dealer. They told me the starter was bad and is not covered by the powertrain warranty.

I called our local dealer, service manager wasn't sure. I called Hyundai, 800-633-5151, they said each dealer is franchised and have their own rules.
Weirdest thing I've ever heard, but their suggestion was call Hyundai since you're the original owner, maybe another dealer would rule differently. Who knows...may be worth a try.

 

[Fuddy1952]

My first new car I bought when I was 19...a 1972 Toyota Celica ST. At 16,000 miles it would hardly run. Dealer said no warranty. I pulled head, took to a machine shop where they replaced valves and seats. Then as couple weeks later I got a recall notice from Toyota. I that and all my receipts back to dealer. They refused reimbursement since they didn't do the work.
I've never and never will buy another Toyota.

 

[kenmac]

Home warranties, and vehicle warranties have share the same language. Restrictions and exclusions apply.
There was a lady they did a special on the news. She had Choice home warranty. Even though her plan stated they covered water heater replacement . Choice denied the claim.
After the news got involved. Choice agreed to give the woman $500.00 toward the water heater replacement.
My thoughts were. A water heater is probably $800.00 plus paying for an install. She will be out at least $1300.00 out of her own pocket, even though she had a warranty that stated they would cover it.

A guy that lives up the road had a well pump go out. He called his home warranty. They told him they didn't have a provider in his area. Told him to call someone, pay them and summit the bill and they would review the charges before sending him a check !

Those that have had good luck with an extended warranty can consider yourselves very lucky, as there are hundreds more that aren't

 

[ultrarunner]

My first new car I bought when I was 19...a 1972 Toyota Celica ST. At 16,000 miles it would hardly run. Dealer said no warranty. I pulled head, took to a machine shop where they replaced valves and seats. Then as couple weeks later I got a recall notice from Toyota. I that and all my receipts back to dealer. They refused reimbursement since they didn't do the work.
I've never and never will buy another Toyota.

Seen similar as it is easy to deny knowing some will drop out.

However, a small claims action often is all that is needed to change the situation to favorable.

I’ve helped friends where simply the action of being served was enough to settle

 

[ultrarunner]

Home warranties, and vehicle warranties have share the same language. Restrictions and exclusions apply.
There was a lady they did a special on the news. She had Choice home warranty. Even though her plan stated they covered water heater replacement . Choice denied the claim.
After the news got involved. Choice agreed to give the woman $500.00 toward the water heater replacement.
My thoughts were. A water heater is probably $800.00 plus paying for an install. She will be out at least $1300.00 out of her own pocket, even though she had a warranty that stated they would cover it.

A guy that lives up the road had a well pump go out. He called his home warranty. They told him they didn't have a provider in his area. Told him to call someone, pay them and summit the bill and they would review the charges before sending him a check !

Those that have had good luck with an extended warranty can consider yourselves very lucky, as there are hundreds more that aren't

One of the top selling Brokers... top 2 percent, had a call from a client about a denied water heater claim. The Broker made a call and said take care of this or my office will never sell another policy from your company.

The truth is it is often work to achieve success.