speedwagon

Got to make the BIG decision! Sell car or buy extended warranty, HELP!!

itacud

See threads on other forums, about denied warranty claims from 48 different warranty companies due to ongoing litigation with NWI.

RMcQ

frustration of one type or another. Of course I am a shade tree mechanic so I do repairs and maintenance myself when needed so cost is less of an issue.

To each his own, but we have some guys here with a range of experiences:

JBo had turbo failure under extended warranty and got a run around.

JimmyRayClapton bought one and hasn't used it with over 100K miles on his car.

TahoeAudi

I recently faced the same dilema re purchasing an extended warranty and came up with the following two considerations:

1. The extended warranty folks are in for a profit so you can expect that their payout is going to average less than the policy cost. As with most insurance it is most valuable for catatrophic events so it depends on your tolerance for these.

2. I reviewed the fine print in a couple of extended warranty policies and found them to be full of exceptions. I compared their coverage to the maintenance histories of my recent Audi's (each driven about 100k miles) and discovered that they would have covered very few of the maintenance costs due to their exceptions.

I decided to just set aside the not insignificant warranty premium funds for future maintenance - and skip the extended warranty policy.

bmwrt

I just had $1,300 of work done to my car. So in total, $2300 of work done since I'have it. I never had any problems with them. According to my dealer they are one of the easiest co. to do business with. It cost me $1800 and has 0 deduct. They are InterContinental Warr. Services. www.iwsgroup.com
or 800/333-3028.
Good luck

itacud

I only have personal experiance with my own extended warranty, for the "reliable" integra. It payed for itelf. =)

With the allroad, I consider an extended warranty more of an insurance policy, than a warranty. It may or may not pay for itself, but it gives peace of mind.

skidmark

they paid labor and 500 towards a turbo(because he wouldn't put a non factory turbo on car) i believe

itacud

For reasons like that, I'd pick a warranty company that is sold through the dealership, and that guarantees they'll pay dealer service rates, for original parts. Like insurance, I'm sure the quality varies greatly...

But, I'd say that even covering labor + some cash is better than no coverage - though far less than I would expect.

RMcQ

Insurance protects against catastrophes. The closest maintenance/repair to catastrophe is a turbo failure. This is the "test case" that everyone should ask their warranty company about before buying. I asked several companies and got soft answers about how they would replace only one if it is outside of OEM specs, blah, blah.

itacud

Warranty Gold did turbo replacements (not sure whether it was dual or single), but we have very limited choices in California. We can only legally get quotes from warranty companies that are sold through dealerships.