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Extended Warranties

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Comments

  • mitzijmitzij Member Posts: 613
    You betcha! Welcome to the wonderful world of service contracts. A big job like yours is when a service contract company is most likely to negotiate, over labor time (you pay the difference), even over parts (you pay for fluids/trans filter, that kind of thing). They can also decide they don't like the shop your car is at and make you (pay to) have them put it back together and (pay to) tow it to their favored shop.
  • geo9geo9 Member Posts: 735
    ZIL.............Who is the ex-warranty company?
    Please post their name here to help others from
    getting the shaft!..................

    I got shafted once also by Buffalo Warranty and feel
    you pain!
  • mikefm58mikefm58 Member Posts: 2,882
    Wow, that's a good one, haven't heard of warranty companies trying to weasel out of claims using that method. I'd assume your warranty is a 3rd party one, not backed by the original vehicle manufacturer.

    I know this sounds like a broken record, but stay away from 3rd party warranty companies.
  • zildjiankxzildjiankx Member Posts: 4
    I inherited it with my car, which was bought through the military.

    http://www.encs.com/MCSCM/DocLib.nsf/0/C9A9142939A2D71C8525700500150801?OpenDocu- ment&MenuSet=Finance&MenuItem=OPP

    Thanks for all the replies. After calling them they claim they will cover break down if the transmission is in fact broken and the reason it is broken is covered, if not I'm out $2K for the overpriced dealership mechanic. And I have no choice but to take it to a dealership since the warranty says I have to... talk about a gamble.
  • zildjiankxzildjiankx Member Posts: 4
    Oops, I meant to say "tear down"
  • geo9geo9 Member Posts: 735
    Wow!!! talk about a slick smooth presentation on
    that link you provided. All sweet and syrupy like
    the second coming of Jesus !!!!!!!!!!!!!
    Like being lulled to sleep by your momma...........
    And these bozos are selling to you service people????

    Please post your cars make, year, and mileage of you car
    and exactly what the trans. problem is.
    This is a terrible situation...............
  • zildjiankxzildjiankx Member Posts: 4
    2002 Dodge Neon, 42,000 miles.
    The error codes were P1684 and P0700... the P0700 is transmission for sure. I guess I'll know more about the transmission when they get done tearing it down...
  • flo64flo64 Member Posts: 8
    I am fixing to pick up my rav4 the dealer that sold me the car, sold me the warranty GOLD plan from old republic. to me it was overpriced 7 years 75,000 miles wear and tear, for $1,699 very expensive and a one time pay $299 for GAP insurance. I cancelled both and will buy it from my bank which is cheaper.
    For 84 months 100,00 miles wear and tear but 50.00 deductable for 1,017 and their gap insurance only 175.
  • tootseugtootseug Member Posts: 1
    Hi
    New to the boards. Have just bought a new Toyota Rav4. Am wondering if I should buy the extended warranty, and/or the factory sealant.

    I bought a new celica in 2000. I just traded it in for my Rav4 at 33,000 miles. I regret to say, I did not wax it, but rarely. Maybe a couple of times in my ownership. (don't hit me please...) I am wondering if the sealant is a good thing to do? I'm sure I could muster up a once a year wax job, but the reality is, I don't think I WOULD do a 3-4X per year thing. I just know ME. Is waxing as good as the sealant??/ Also, I am getting leather seats.

    I did purchase the service package for the Rav4, because I figured if I pre-paid for it, I'd get it in their to the shop for it's necessary "conditioning". I took my celica in for the oil changes, but didn't get it in for it's 15 or 30 mile checks. Any thoughts??

    I was also wondering about the service warranty. Thinking, that if I do this, I should probably only go with 60000 6 yr, ...don't really need 100000 mile. Probably wouldn't do 100000 in the next 10 yr!

    So, me being a newbie to all of this, am wondering what your thoughts are. Never had to avail myself of the 3 yr 36k warranty on my celica. But also, don't want to be short sided.

    Sorry if this has been covered before. Didn't find much on sealants.

    Thank you
    Patti :)
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi Patti. Whether you should purchase an extended warranty for your RAV4 or not really all depends upon how risk averse you are. If purchasing one would provide you with a great deal of peace of mind then there's nothing wrong with doing it. However, if I was in your situation I personally would not purchase one. Generally speaking, Toyotas are very reliable vehicles. The chances of you needing more in repair work than your truck's extended warranty will cost are very slim. If you want to have a cushion just in case something does go wrong with your truck, set aside the money that you would have spent on an extended warranty in an interest bearing account. That way you have it if you run into an unexpected problem.

    As far as buying paint sealant goes, I personally would not get it either. The paint on new vehicles today is usually pretty good. The clearcoat that your RAV4 comes with should protect it very well. The "factory sealant" isn't put on at the factory anyhow. This sounds like something that the dealer does on its own to me.

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  • wlbrown9wlbrown9 Member Posts: 867
    My local Simonize wash depot runs an express wax special off an on. I try to get it done once or twice a year. They run the special for $39.95 which includes the basic exterior wash and interior vac. The express wax is put on and then buffed out. Works pretty well for several months. It takes about 20-30 minutes if they are not backed up. Last time I did one of my own by hand took a couple of hours... So, to me this one is cheap for under $50 or so even including tax and tip. I still have a decent finish on the '00 Trooper after all these years.
  • martinfmartinf Member Posts: 121
    1.I had a transmission replaced on a 2001 Landcruiser with 70,000 miles on it. The vehicle had been serviced by two different local Toyota dealers (just routine oil changes, 30K, and 60K services) and, in fact, the transmission service at 60,000 miles was NOT done at the dealership that processed the warranty claim. They did not ask any questions! In general, my impression of the dealers is that they get paid handsomely from Toyota on these types of services and are not looking to give the customer a hard time.
    2. Excellent point! You generally do not have to buy the warranty at the time of purchase of your new Toyota. At $520 for a 7yr/75,000 mile warranty from Midwest Superstores (less than half the "list" or "retail" price of $1150), I thought it made sense to jump on it now. If I knew that I could still get that same price in 35 months and 35,000 miles, I would wait, but I was concerned that the prices might go up. I have a 2005 Jaguar and I just bought a 2006 Porsche and I have not yet purchased the extended warranties on either of them. I am still trying to locate a dealer who will discount either of them. In the case of the Jaguar, if I can't, I am selling the vehicle. The Porsche will probably be a keeper and I will just have to bite the bullet when the time comes!
  • martinfmartinf Member Posts: 121
    See my post #1520. I got a remanufactured transmission on a 2001 Landcruiser with 70,000 miles. I had only routine oil changes and 30K/60K services done (but not all at the dealership that did the transmission replacement). I have had a number of other warranty items done on a 2000 BMW (non-BMW warranty, "Warrantech" sold by my local BMW dealer and similarly no hassles or quibbling over maintenance issues)
  • martinfmartinf Member Posts: 121
    I had a transmission replaced on my 2001 Landcruiser. The deal is this: I had to agree to a diagnostic charge of about an hour labor ($100 or so). If the transmission was found faulty, that charge was rolled into the warranty claim and I had to only pay my $50 deductible. I had the situation twice with power seats on the same vehicle. In those cases, diagnostic estimates were a bit less, I agreed to them, and when the problem was diagnosed and the repair was performed, I only had to cover my $50 deductible. I have only had excellent experiences with the extended warranty on my 2001 Landcruiser, as well as a non-BMW warranty that was sold to me by local BMW dealer. There are a number of posts on this forum that make it sound like it is very difficult to get the warranty providers to pay for repairs, but I wonder if that is personal experience or just perception. I am giving you personal experiences and not vague or outdated impressions!!
  • martinfmartinf Member Posts: 121
    I think it is a very price sensitive decision, but not one you need to make right now. You can get the genuine Toyota Platinum Warranty anytime up to 35 months and 35,000 miles. However, I would check with Midwest Superstores Toyota (Witchita, Kansas) and McGeorge Toyota (Virginia). I got a 7yr/75,000 mile warranty for a 2007 Camry for $520 (retail price on the Toyota Financial Services website was $1150), and the local San Diego dealers wanted $1300 to $1430 for the same thing!! YOU DO NOT HAVE TO BUY THE TOYOTA WARRANTY FROM THE DEALER THAT SELLS YOU THE VEHICLE!! It is a potentially huge profit center for them, but you do not have to subsidize them. I have an earlier post where I listed the results of a lot of research on extended warranty prices if you want to look any further. Toyotas are good cars, but with all the electronic gadgetry on today's vehicles, if you can get the extended warranty on your vehicle for about $500, I am sure if will come in handy. If you sell the vehicle privately, it will definitely be more desirable. If you trade prior to the end of the warranty, Toyota financial will pro-rate some refund for you. I got a remanufactured transmission for my never abused, never towing 2001 Landcruiser with 70,000 miles that would have cost me about $3500, and I have gotten a lot of repairs ($3000 to $4000 total, new front end, ball joints, tie rods, multiple power seat issues, engine thermostats, the list goes on)on my extended warranty that just unfortunately ended on my 2000 BMW. I am a believer in them. I think where they make money for the companies that sell them is that they count on the fact that most people won't keep their cars that long, and when they sell them, they often trade and don't transfer the warranty to the new buyer.
  • mkvincmkvinc Member Posts: 2
    I live in a rural area of Alaska. I have been looking at used cars on-line through some dealerships in a larger town. However, the cars have no warranty when the manufacturer's warranty has expired. (One of the blogs on Edmunds.com advised not to buy a used car from a dealership that doesn't include some basic warranty, such as 30 to 90 days.)
    Can anyone advise me on this? I feel uneasy buying a used car with no warranty.
  • gohawaiiangohawaiian Member Posts: 84
    Martinf:
    Appreciated your comments in response to my inquiry about honoring an extended warranty agreement. It's reassuring to hear that Toyota (along with other manufacturers & dealers, as well) haven't been "sticklers" about enforcing warranty provisions related to maintenance. In other words, if the car has been reasonably maintained and not chronically neglected, there shouldn't be a problem submitting an extended warranty claim for necessary repairs. That is good to know. By the way, a Toyota dealer told me to expect price increases to keep up with annual inflation in the cost of these warranties from year to year - so at the end of the 3 year factory warranty period, it might cost roughly 10% more to buy the extended warranty compared to what it would have cost to buy the same plan when the car was brand new (i.e. about $100 more for a $1,000 plan). I believe most people could earn far more than that by investing the funds during those 3 years and waiting to buy the extended warranty at the end of the factory warranty period. Anyway, thanks for your input.
  • eugene38eugene38 Member Posts: 1
    Just bought a 2003 A4 w/ 35000 miles. I received a quote of $2019 for a 6 yr/100,000 mile comprehensive warranty at the dealer. Is this a fair price or can anybody direct me to other options? Thanks for any advice provided
  • toohumantoohuman Member Posts: 10
    Greetings Everyone,

    Your forum was recommended by another member. I am set to pick up my Jaguar X-Type VDP tomorrow and I'm SURE they will try to sell me an extended warranty plan. So that I can be better informed and negotiate more proficiently...should I get one of these? How much should I pay (how much is too much)? Anything I should know before I go over there?

    Any help would be greatly appreciated.

    Thanks in advance.
  • Kirstie_HKirstie_H Administrator Posts: 11,242
    A quick scan through the previous posts in this discussion should provide you with good info, but almost everyone will recommend that you buy only a manufacturer-backed extended warranty, not 3rd party.

    You've waited awhile for your X-Type, and I see that you plan on keeping it til after the standard warranty expires. In *my* opinion, you'd do well to look at an extended warranty on this vehicle.

    MODERATOR /ADMINISTRATOR
    Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
    2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
    Review your vehicle

  • akgakg Member Posts: 85
    I am helping a friend on a limited income get an extended warranty on a 2003 Ford Ranger (off road XL). It has 27,300 miles and is still under manufacturers warranty. Maybe a 6/60,000 warranty? She lives extremely rurally and is in her sixties and needs the security of an extended warranty. She lives in California.

    I have had great help from this site on finding the best deal on warranties. Please help me find a deal for her. Thank you!!
  • geo9geo9 Member Posts: 735
    Check out this thread for places that discount a
    genuine Ford extended warranty:
    http://townhall-talk.edmunds.com/WebX/.ef26ca4/0
  • philakidphilakid Member Posts: 3
    API will not cover repairs if they do not witness the problem. 2000 Dodge Durango has electrical problem where entire dash goes dead. Problem has been intermittant for two years and we finally got the vehicle to the dealer when the problem was occuring. It was diagnosed and the estimated repairs are $500. But, by the time API sent a rep to look at the vehicle, it was not failing. API refused to cover the repair, but since the vehicle's problem has been diagnosed and it is driven primarily by a young female at night, we are chosing to fix. We will consider taking API to small claims court.
  • rscotts54rscotts54 Member Posts: 47
    I've been pricing the extended warranty for my Toyota Camry Hybrid.
    I just got off of the phone with the Midwest Superstore in Kansas. This is the one that has been mentioned in various posts.
    They gave me the following information-

    Platinum, $0 Deductable, Toyota Warranty:

    6yr 75,000 $450
    7yr 75,000 $535
    6yr 100,000 $690
    7yr 100,000 $830

    I suspect that, based on these prices, I will be purchasing one of the 6 year plans.

    I'm not affiliated with these folks in any way.

    As always, YMMV!
  • gaboy55gaboy55 Member Posts: 1
    Purchasing an extended auto repair warranty is a personal decision every auto owner must make. I decided to get one for a used Jaguar I just bought (a no brainer!). After LOTS of research I decided to purchase my warranty from one of the marketing companies that represents extended auto warranties backed directly by "Old Republic Insurance Group" a large, diversified, A.M. Best A+ rated insurance company (see: http://www.oldrepublic.com/ , and http://www.orias.com/)

    These marketers are: Warranties4Wheels, Gold Key, MBA Direct, and 5 Star Warranty. Their contracts are all IDENTICAL, since all they do is sell warranties for the ultimate administrator who is "Old Republic" For my particular case, 5 Star Warranty was the cheapest, but this may or may not be true for all situations.

    I also learned a lot in my research. One the MAIN things I learned was that the price charged by different marketers has NO RELATIONSHIP to the quality of the product they sell. For example some of the most expensive warranty quotes I was given were for the lousiest and most restrictive policies! Most of what I learned is summarized by the "pointers" outlined below. Many of these were copied from various websites and further modified by me. They may be helpful to you in identifying an appropriate extended warranty for your car.

    WHAT TO LOOK FOR IN AN EXTENDED WARRANTY

    Decide which level of coverage you want.
    "Named coverage" covers only those parts listed in the contract. Although the list may be extensive, you're out of luck if the part that breaks is not on the list. Often these may be electronic parts and sensors that are common, deeply embedded in today's cars, and expensive to repair. The best (and most expensive) coverage is "Exclusion coverage" which covers EVERYTHING unless it is specifically named as excluded in the contract. Since today's cars have about 3000 parts, it’s a lot easier to figure out what's covered and what's not covered with exclusion coverage.

    Don't buy ANY warranty until you read the actual contract.
    A bulleted web page is NOT the document you will sign that will legally bind you to the terms of the warranty.

    Buy Auto Warranty Coverage For Breakdown AND Wear & Tear
    Many warranties only cover mechanical breakdown, not wear and tear. READ THE ACTUAL CONTRACT DEFINITION OF "BREAKDOWN"!. If it says something like "breakdown due to defects in manufacturing or workmanship", this is NOT "wear and tear" protection. If there's an added clause something like "or wear exceeding manufacturer's tolerances", this IS a "wear and tear" warranty. If you shop around you'll find there's very little difference in cost between these types of coverage.

    Buy a warranty backed DIRECTLY by an A.M. Best rated "A" or better insurance company,
    or a warranty administrator company or marketing company that directly represents the insurer. Avoid warranties backed by a "Risk Retention Groups" (RRG) or any warranty that states "reinsured by….". Even if the re-insurer is highly rated by A.M. Best, they may not be liable for covering all, or even most of the financial obligations of the RRG, should it go under. You'll never know!.

    $0 Deductible/One Deductible Per Visit
    Some auto warranty contracts charge deductibles for every part repaired. Avoid the issue altogether and pay a bit more for $0 deductible.

    Diagnostic Expenses Covered.
    It may cost hundreds of dollars, maybe more to actually find the part that failed. Make sure diagnostic expenses are covered.

    Costs of Repair.
    The contract should clearly state that they will pay UP TO the "manufacturer's suggested retail price" for parts, in addition to the usual language specifying "remanufactured", "comparable", etc. parts. This way, you can take your car to the dealer for repairs, since the dealer will typically use only the best quality original manufacturer's parts for the repair.

    100% Money Back Guarantee on your Auto Warranty
    If you are unhappy with your auto warranty, have not made any claims, they should refund 100% before 30 or 60 days.

    Check the Better Business Bureau (BBB) rating of the warranty administrator.
    Don't use BBB Online. Find out the home state and/or city of the warranty administrator and use the company name in THAT state or city's BBB website to check out claims against the company.

    Transferable extended auto warranty when you sell the car
    Some auto warranties end when you sell your car. Choose an auto warranty that allows you to transfer it to the next owner.

    Car Warranty Coverage For ABS Brakes and Overheating
    If you have ABS brakes, verify your auto warranty covers them. Avoid clauses like "This contract does not cover overheating regardless of the cause."

    Benefits: Car Rental, Towing, Travel Reimbursement
    If your car is in the shop overnight, you want car rental reimbursement, and towing

    Repairs Can Be Done At Any ASE Certified Repair Shop
    Some warranties force you get serviced at the dealer where you bought them. Use a warranty that allows repairs to at any ASE certified shop.

    Auto Warranty that pays the repair shop directly using a corporate credit card
    Some warranties make YOU pay, then send in the receipt and wait months, allowing them to weasel out of paying. Choose a warranty that pays the repair shop directly by credit card.

    Compare "Apples-to-Apples" when evaluating cost.
    Make sure you're comparing the SAME coverages, e.g same deductible, years, mileage, named vs. exclusionary coverage, breakdown vs. wear & tear, etc. as outlined above.

    GOOD LUCK!!
  • audia8qaudia8q Member Posts: 3,138
    All that stuff is great and helpful...but how do you address the fact that a huge number of aftermarket warranty companies fail and leave alot of folks holding the bag? The posts on this thread clearly indicate that one aftermarket company after another has screwed people royally. No matter how you slice it, an aftermarket warranty is a huge gamble.... manufacturer backed warranties have solid track records and almost zero risk.
  • 1spillman1spillman Member Posts: 10
    Audia8q,
    I think all of this information is very helpful also.

    To answer your question, all of the aftermarket warranty companies like Warranty Gold, 1 Source Auto Warranty, Platinum Warranty and the many others were all backed by a Risk Retention Group. These companies were the ones that screwed everyone.

    I am not aware of any insurance company that underwrites service contracts that has gone into bankruptcy.
  • nortsr1nortsr1 Member Posts: 1,060
    Good luck on your warranty. You better make da-n sure that whoever works on your VEHICLE WILL take THAT WARRANTY!!! Just trying to get them on the phone and getting Authorization is a BIG BIG Hassle and all I can say is GOOD LUCK....you will need it!!!!
  • audia4junkieaudia4junkie Member Posts: 2
    Hey guys. My wife just inherited a 2003 Audi A4 under Audi warranty for 8000 more miles. Since she didn't purchase the car from the dealer, her only option for extended warranty is a 3rd party. Does anyone have info on the extended warranty from this edmunds site Warranty Direct? Has anyone had this service? From the looks of things, it does look good. It is an exclusionary contract 4yrs/100,000 miles. Many to choose from. Please let me know.
  • roundtriproundtrip Member Posts: 105
    Just don't give them your phone number!
    They've already called me twice and e-mailed at least twice just from me going to their site and getting a quote.
    Twice I've told them that I was not buying a warranty until at least 2 yrs/24k miles, if ever. :mad:
  • liferulesliferules Member Posts: 531
    Search for my previous posts on this forum about Honda Care. I've read that they cover Audi's as well. I will likely use them when my warranty is almost expired.

    The bottom line, though, is to purchase a warranty from whomever your service center deals with. It will be easier for your wallet in the long run. Speak with your service advisor and get some suggestions from them...
  • a4davea4dave Member Posts: 2
    :mad:
    Two warranties purchased at a total investment of $2900.
    Warranty 1 - 2000 Audi A4 - Breakdown: Collapsed timing belt idler. Estimated repair cost: $1200 Olympicare Coverage: $0.00 Note: Olympicare did say the would cover the repair if the actual belt broke. Belts stretch, belts wear, but really timing belts dont just break. Maybe now that the idler is collapsed i should head for the highway and see what the zero to 100 time is, bet it breaks then.

    Warranty 2 - 2000 Ford Escort - Breakdown: Seperated ball joint 1 week after taking delivery of the car. Estimated repair cost: Did it myself so pretty cheap
    Olympicare Coverage - $0.00

    Seems to me the people at Olympicare begin every conversation with an explanation of why they cannot cover the claim. Last time Jim at Olympicare told me it wasn't covered before he even knew the contract number. Another guy at Olympicare, Skip, told my mechanic "Yeah I know it's a bad deal". Jeez

    Save your money, buy a lottery ticket, take a vacation with the money. Anything seems a better investment to me than these scammers.
  • mikefm58mikefm58 Member Posts: 2,882
    Sorry to hear your experience, but yours is a perfect example why no one here will recommend any warranty except one backed by the manufacturer.
  • michhalamichhala Member Posts: 375
    When I purchased a new 2001 C-320, within 3 months of purchase (September 2001) I bought a discounted MB 4-year extended warranty from Courtesy Mercedes in Chico, CA for $1575. I was directed to Courtesy by these forums. At that time, I could not get such a deal from my dealer in Los Angeles.

    Yesterday, I purchased a 2006 C350 from the same Los Angeles dealer who wanted me to buy a 3-year warranty at the same time. If I did this, she would have given it to me for $3275 if not it would be $3500.

    I will purchase an extended warranty from MB, but I just did not want to do it yesterday.

    Are all the MB extended warranties the same price everywhere? Things have sure changed :D

    Miki
  • fredo48fredo48 Member Posts: 11
    Hi,

    Did you purchase the warranty. ? From Midwest Superstores in Kansas and for the price stated??Any hints you can give me if I give them a call as I wish to get a Toyota extended warranty for my TCH, and the local price is high, and I received another quote for 980.00 for 7y/100K. Any information would be helpful. Hope you are enjoying your TCH. Fred
  • goldenboigoldenboi Member Posts: 1
    I'm buying a new mazda3 S-touring and would like to get an extended warranty. I want wear-tear and long coverage, i dont know cars to where i can fix it. I am really unsure of what to do. I am not sure to get it from the dealer at higher cost or go elsewhere. what do you guys think?

    some of the things on my mind you can help answer.

    1. for cheaper, get extended warranties from dealers from 3rd party seller? less haggle for problems? true?

    2. i keep hearing about these 3 companies. warrantydirect.com, warranties4wheels.com, 5starwarranty.com. are they the best? which is better? any problems with these companies? is there any other provider better? should i even buy ex warranty?

    any help or opinions would be appreciated,
    ky
  • audia4junkieaudia4junkie Member Posts: 2
    Audi dealer said they can issue a third party warranty that Audi deals with(not the Audi Certified). To me, this may be a better choice. Also, the dealer said I just can't call up this warranty company myself, I need to do it through the dealer. Maybe this contract will give me more piece of mind. Any thoughts?
  • mikefm58mikefm58 Member Posts: 2,882
    You won't find a recommendation from here for anything but a warranty that is backed by the manufacturer. See post #1543 for a perfect example. Also, some of us here got burned by the Warranty Gold bankruptcy.

    I would google "mazda extended warranty" or maybe hop over to one of the Mazda boards and find the cheapest Mazda backed warranty from a dealer that sells via the internet. Then either buy that one or ask your dealer to match it.

    Good luck.
  • mamajenmamajen Member Posts: 5
    I am looking at purchasing an EW on my 2002 Turbo 370 volvo convertible with 41K miles. It is still under warranty for 2 more days. As this is my first foreign car and I have heard horror tales about the repair cost if something were to go wrong, I figured that I would shell out the dough and feel safe. I have looked at Warranty Direct which is administered by Warranty Direct. The Best plan offered for my car is Secure Care which covers, wear n tear, overheating, exhaust sys, and basically only list exclusions like the original warranty did (basically normal service). I hav3e also looked at CarChex which is recommended by CarFax and is administered by Lyndon Property Insurance Company and EWSolutions which is administrated by Mercury Insurance Group. Which company is the best? Do I need to check and see if the repair shop will deal with them prior to purchase. Any advice would be greatly appreciated before late afternoon as I really do need to purchase today. Thanks, Jen
  • nortsr1nortsr1 Member Posts: 1,060
    I suggest you read Back on this forum. You will not find anyone recommending anything but an OEM factory backed warranty. To many horror stories.
  • liferulesliferules Member Posts: 531
    I think you'll pay more but in the end have more peace of mind and less hassles with claims going your route.

    Good luck!
  • monicalwmonicalw Member Posts: 2
    I am looking at purchasing a 2006 Honda ACCord VP. The included warranties are 36,000 miles bumper to bumper and 60,000 miles powertrain.

    I drive an excessive amount of miles due to my job and am considering buying an EW. I read the thread about the honda care warranties and received a price quote from Saccucci Honda for 72 months/120000 miles for $830. That seems like a great deal to me.

    I drive about 25000 miles a year so I will be out of warranty in less than 2 years of owning the car. I intend on trying to keep this car for 5-6 years at least. Any opinions or thoughts?
  • nortsr1nortsr1 Member Posts: 1,060
    If you drive that many miles/year I really do believe you should go ahead and get the warranty. $830.00 is a good price.
  • automan12automan12 Member Posts: 10
    Hi everyone!
    From reading this forum for a couple of hours, I got the idea that everyone is against aftermarket extended warranties. However, in my case I'll still go for aftermarket because I want my car to be fixed at my mechanic's garage, not at a dealer.
    So is there any one here who actually bought or dealt with an extended warranty from WarrantyDirect? I do understand that manufacturers warranty is better, but my question is about precisely WarrantyDirect - not about WG or aftermarket warranties in general. How was your experience with WarrantyDirect? Thanks! :)
  • nortsr1nortsr1 Member Posts: 1,060
    I am going to answer this question for you. Go to your local mechanic that you claim you want to use...and....ask him if he wants to go thru Warranty Direct and the HASSLE it takes to get an O>K> to fix whatever is wrong with your car. If he says,"YES" I will deal with Warranty Direct and have done so in the past....then buy the warranty. I am anxious to hear what he tells you.
    PLEASE...let all of us know what he says.....
  • mikefm58mikefm58 Member Posts: 2,882
    That's an excellent point. Long ago I bought a used vehicle that still had an aftermarket warranty. I took it to the dealer about a knocking noise and they told me they wouldn't deal with them. They would fix it according to the warranty company's direction. But I had to pay the dealer and then have the warranty company pay me. This particular warranty company had a bad reputation for withholding payments.
  • automan12automan12 Member Posts: 10
    I called my mechanic and he said he never dealt with this particular company, but he doesn't see any problem dealing with them. I agree that most of the aftermarket extended companies are not worthy. That's why I'm asking if anyone has dealt with this particular company.
  • eroseros Member Posts: 27
    "Anyone buy a Toyota Platinum Plus zero deductible warranty for a RAV lately. What did you pay? I am being offered the warranty for 7/75 = $900....that sounds hight since I paid $685 a few years back for my Camry...."

    Too much!!! I just bought a RAV4 and was offered a 7 year/75,000mile warranty from the dealer for $1900!!!!!. I pointed out to the finance guy that the suggested retail price on the Toyota site was only $1200; he wasn't fazed and refused to even negotiate.

    I shopped around on the Net via some references from this forum and just purchased a 7/75,000 today for $600 from Toyota of Deerfield in Deerfield, Mass.
  • jorgeorgejorgeorge Member Posts: 22
    I am in the process of getting a new Rav 4 and wonder if it is worth getting the 7 Year Toyota Extra Care Warranty and the 4 Year Premium Prepaid Maintenance Program.
    The dealer quoted me approx $1400 which includes the Maintence Program.
    I did find this article which I thought was a good ref read:

    http://www.smartmoney.com/consumer/index.cfm?story=20030319

    Not sure if it is worth the extra $$.
    And if so, does anyone know where I could get these extra factory backed services for cheaper?

    Thanks
  • eroseros Member Posts: 27
    jorge, in my limited experience, I've generally broken even when buying extended warranties. I did use them for at least one repair/car, but the repair approximated the cost of the warranty. The SmartMoney article is well-written. However, I decided to get a 7 year warranty primarily because of the electronics in the newer cars. In my last car, a Volvo, my ABS and Traction Control lights came on; a diagnostic revealed that I'd need a chip which would cost $800!!!!!

    The Forum rules don't allow for citing of specific salesmen or dealership phone numbers. However, as I indicated in my above post, Toyota of Deerfield in Deerfield, Mass has an OUTSTANDING program which sells Toyota factory warranties at great prices.

    You can also look at:

    Lexus of Greenwich

    and

    Toyota of Iowa City
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