Extended Warranty

Discussion in 'General Motoring' started by Emmett Galsworthy, May 11, 2005.

  1. I have an '02 OBW with close to 8,000 miles on it. Does anyone have any
    recommendations as far as purchasing an extended warranty?
    elg
     
    Emmett Galsworthy, May 11, 2005
    #1
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  2. Extended warranties are high profit items to be avoided. Don't forget you
    have 5 years/50,000 mile warranty on drive train.
    Frank
     
    Frank Logullo, May 11, 2005
    #2
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  3. Not only that, it's not even an accurate name.

    It's Repair INSURANCE. So it has deductables, rules, preferred providers,
    etc. Read the fine print carefully, it may not cover the same stuff that a
    standard warranty does.

    Usually you can tell it's a ripoff if you don't expect repairs in excess of
    the fee in half the time.

    But since they are pushed hard, assume they are high profit items and not
    good for the consumer.
     
    Sparky Polastri, May 11, 2005
    #3
  4. Emmett Galsworthy

    jabario Guest

    The real expensive things seem to go after the 60k warranty is up. I
    never bought and extended warranty myself until my 04 OBW. So far I had
    to pay $100 ded. to repalce a front strut and alignment. Total cost if
    I paid would probably be ~300. So now my warranty cost me $800. If the
    trans or big$$$ part goes it will pay for itself. The X always buys
    one and gets her money worth many times over. Go with the subaru
    advantage gold.
     
    jabario, May 11, 2005
    #4
  5. Emmett Galsworthy

    KLS Guest

    So if we have that plan now (which we do) on the 1999 OBW Legacy, and
    it expires this December, can we renew it? I'm debating whether we
    should bother, but I must admit that it's paid for itself. We paid
    under $400 for it almost 3 yrs ago and have gotten more than $1,000 of
    repairs (I can't be bothered to go to the file cabinet and tally up
    the repairs, but they included a fuel pump sensor and head gasket), so
    any thoughts as to whether we should extend it would be welcome.
     
    KLS, May 12, 2005
    #5
  6. Geico used to have an interesting plan that was tied to mileage
    REGARDLESS of how many years it took to get there. Kinda interesting.
    I've read that most 'extended warranties' earn about 50% profit - so beware.

    Carl
     
    Carl 1 Lucky Texan, May 13, 2005
    #6
  7. Emmett Galsworthy

    Edward Hayes Guest

    My last 4 new vehicles have not had a major problem and I drove three
    to over 125,000 miles and my 2000 Forester has 86,000 miles to date. I
    always put the dollars I would spend in a separate interest bearing
    account like a CD. I figure I'm about 5,600 dollars ahead by now
    including interest. However if your one who is lax on maintaince and
    drives hard (not abusive or the warranty will be voided) and have a
    history of having major problem then go for it. Subaru does have a
    5y/60,000 miles engine/driveline warranty as standard. The bumper to
    bumper is 3y/36000 miles and Subaru notified me of their "extended"
    warranty was available till the 3y36000 mile warranty was completed so
    you do not need to rush into it. Eddie
     
    Edward Hayes, May 13, 2005
    #7
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