Extended car warranty - Page 2

2blonde · ‎03-10-2010

@shellbeach I'm a pay-as-you-go kind of person. I've never bought an extended warranty on anything, and have never regretted it. Keep one thing in mind, if they weren't making money on these warranties, they wouldn't be chasing us around to buy them. My car is a 2014, and I still get those offers in the mail. It's direct mail......direct from the mailbox into the trash.

Laura loves cats!

Lipstickdiva · ‎03-10-2010

@2blonde wrote:
@shellbeach I'm a pay-as-you-go kind of person. I've never bought an extended warranty on anything, and have never regretted it. Keep one thing in mind, if they weren't making money on these warranties, they wouldn't be chasing us around to buy them. My car is a 2014, and I still get those offers in the mail. It's direct mail......direct from the mailbox into the trash.

Yep. My care is a 2011 and I still get those calls. I can guarantee you they aren't going to pay for anything on an 8 year old car. They are just going to rip me off. LOL

Catty2 · ‎09-06-2014

I usually buy the extended warranty when I purchase the car. Over the years there have been a few cars where I got my money's worth and times when I never needed to use it. It's kind of a toss up and they are expensive.

Lipstickdiva · ‎03-10-2010

I know there have been previous discussions on this board about these extended warranties. I want to think some have said you can buy the warranty directly through GM, Ford, etc. and they are much cheaper.

My sister was a finance manager for years at a dealership and I know she said selling those warranties is where they made a lot of money.

corita · ‎08-20-2012

I keep seeing ads for 'Car Sheild'. One of those insurance deals like the ones for house appliances. The reviews are not really good. Have wondered if anyone here has used them???

Mz iMac · ‎07-26-2014

Check w/your car manufacturer to see if they offer extended warranties. If so, I would get that rather than one from a 3rd party.

I negotiated a 10 yr warranty up from 7 w/my dealer. The car manufacturer offers extended warranties. At the time I purchased (2017), the car manufacturerer had 3 types of extended warranties. The top one was called "Premium" XXX which covered "everything" from front to back-top to bottom for a little over $2k. No where in the paperwork does it mention if that price will be the same in 2027. Not even within the fine small print.

I suspect that price will be good right up until the last day of my regular warranty. After that.......the skies the limit!

With any extended warranty, you MUST whip out your microscope & magnafying glass to read the small & fine print.

GOOD LUCK!

"Never argue with a fool. Onlookers may not be able to tell the difference."

Spurt · ‎03-20-2010

@shellbeach

I get telemarketing calls and junk mail from these warranty companies all time....To me they are a bunch of scammers....

Animals are reliable, full of love, true in their affections, grateful. Difficult standards for people to live up to.”

Mz iMac · ‎07-26-2014

@corita Funny you should ask! I am taking my neighbor to the repair shop this afternoon to pick up her car. Car Shield paid 100% of her repairs.

A lot of my neighbors w/older cars have Car Shield. Never heard of any complaints from them. There are different Car Shield plans that fit your financial situation.

It appears from my observation that you get your $$$ worth if your car is 10 yrs+. My neighbors car in the shop is 12 yrs old.

"Never argue with a fool. Onlookers may not be able to tell the difference."

mimomof4 · ‎03-08-2018

If you really want an Extended warranty I wouldn't do it through any of those calls you are receiving.

The only reason for getting one at this point that I could see was if you had some issues with the car while it was in warranty. If that was the case I would call the dealer you purchased the car from to see if there are extended warranties they could recommend.

Your car should no immediately start falling apart once it goes past its warranty. Depended on the type of car you have some parts may still be under warranty.

I was with my MIL when she paid off her car. While it was out of the 36 month warranty she only had 18,000 miles on it. I talked her out of the extended warranty. At this point there is no way that car should start giving her troubles.

Ibby114 · ‎03-10-2010

@Lipstickdiva wrote:
@2blonde wrote:
@shellbeach I'm a pay-as-you-go kind of person. I've never bought an extended warranty on anything, and have never regretted it. Keep one thing in mind, if they weren't making money on these warranties, they wouldn't be chasing us around to buy them. My car is a 2014, and I still get those offers in the mail. It's direct mail......direct from the mailbox into the trash.
Yep. My care is a 2011 and I still get those calls. I can guarantee you they aren't going to pay for anything on an 8 year old car. They are just going to rip me off. LOL

@Lipstickdiva @shellbeach I had a 2011 Forester - it was totaled. And I stil get offers for warranties and trade ins !!