When your $5,000 transmission goes out, your will be glad you paid $2,500 for the extended warranty. ONLY buy the factory MOPAR warranty, not some schlock 3rd party insurance company one.I asked a mechanic about paid extended warranty - he said they are not actually warranties (which they can't by law charge for) - they are pre paid service agreements - and he said you'd be better off just doing your own dedicated savings account. Apparently the fine print tends to have some limitations that are undesirable. Read carefully.
I did not say "throwing in a warranty" I said at cost, this is just simple negotiation. Rough numbers, full retail is about $3K, dealer cost is less than $2k. There are some FCA Dealers who have setup websites to buy it direct from them, it does not have to come from the selling dealer but any FCA dealer. Also, on the Wrangler forums, some smart Jeep sales people sell them for about $1900.
So what are you getting, you are simply being a good negotiator and getting an accessory at cost, no different than negotiating any other dealer add-on.
A google search shows these three at the top, BUT, you always have go make sure you are buying the factory authorized warranty and not a third party one, some websites masquerade so you have to confirm yourself first.
LIFETIME MEANS LIFETIME
Chrysler is the first and only automaker that offers a Lifetime warranty with unlimited mileage. That means that your vehicle will be covered for as long as you own it. Mopar Vehicle Protection plans with lifetime coverage are also offered in three coverage levels, Powertrain Care, Added Care and Maximum Care. A Lifetime Maximum Care plan, with it´s bumper to bumper coverage, is probably the best value in the industry. Spend a few minutes on this page and browse through the information below to learn more about lifetime plans.
nobody sold me anything, It was my dicision and its my money and I can spend it anyway I want. We have our own dicision and opinions.I've never owned an extended warranty and don't plan on it. I'll take the money and stick it in my savings or stock accounts just like the company who sold it to you is going to do.
This depends on which company is selling the extended service agreement. And yes "extended warranties" are not technically warranties because only the manufacturer can offer a warranty. However an extended service agreement ususally covers the same items that a manufacturer warranty would cover, which is why the two are mixed up a lot. Some extended service agreements are straightforward and will pay your claims no questions asked, and some fight you on your claim and try to get it denied or, they'll honor the claim and then not pay for 100% of it for whatever reason they can come up with as an excuse. It is good to buy an extended service contract if you get it from a company that stands by their product.I asked a mechanic about paid extended warranty - he said they are not actually warranties (which they can't by law charge for) - they are pre paid service agreements - and he said you'd be better off just doing your own dedicated savings account. Apparently the fine print tends to have some limitations that are undesirable. Read carefully.
Agreed! You made the right choice.I paid for an extended warranty for one reason... If you're gonna keep your purchased vehicle for 5 years or more than its worth to get an extended warranty. If some how between those years a major repairs (bumper to bumper) is needed the amount you paid for your warranty covers that repair needed without any extra money from your pocket.
Sometimes people get lucky, but it really depends on the type of extended service agreements you go with. Sometimes they make money, sometimes they lose money, which is why most extended service agreement companies will fight you on claims, however there are some good ones out there that will just honor the agreement with no questions asked, and pay your claims easily. Some companies are in it for the quick buck (the ones that fight you when it comes to you making a claim)and then theres the ones that pay your claims quickly - that know if they take care of you, you'll buy from them again as a life long customer.I'm personally biased against them.
If they didn't make money for the dealers they wouldn't push them so hard. Plus, while you very well could have to pay for repairs over the $2000 or so it costs, the chances of that are more in the favor of no than yes. I consider it a bad gamble. Sometimes you lose, but in the grand scheme, you're more likely to win going it alone.
In the 6 years I've owned my current car, I've spent maybe $500 on non-maintenance repairs, and it was 3 years old when I bought it. Plus, it's a pre-recession Chevy. That's almost as bad as a pre-recession Chrysler product (I'm looking at you, Dodge Caliber).