No Extended Factory Warranty!

[Big Panda]

Originally Posted by xcrew229x

Jeez, I never even considered the "extended warranty." Two reasons..... one, most such companies go out of business before the warranty runs half it's course..... two, most such warranties have enough loopholes of sufficient size you could drive a truck thru them. Of all the new cars I've bought over 37 years, not one has had a warranty repair over $100. I'll take those odds. Cheers......

pretty bold of you to make THAT assumption. do you have facts to back that?

as for paying for a warranty repair, i've NEVER paid for a warranty repair. it was WARRANTY, therefore it was a covered repair and didn't cost me a dime. 'if' you paid $100 for something, it was more than likely a 'deductible' on an extended warranty contract. basic new car warranties do NOT generally have deductibles.

[rawlus®]

i think he meant that any warranty repairs he'd had done in the past 37 years were repairs that would have cost under $100 if he was footing the bill. thus he's asserting that the cost of the additional warranty would have exceeded the cost of the repairs if unwarrantied. thus not a good deal in his circumstance.

a warranty is insurance, plain and simple. some people can drive with no comprehensive, others wouldn't even think about it. it depends upon your aversion to risk. it's totally a gambling game.

for me i think i'm going to hedge my bets, keep some money in a reserve bank account to cover any future potential catastrophes and skip the extended warranty that costs even if you don't ever use it.

i also have AAA so towing and tire repair isn't as much a concern for me.

[saskdiesel]

Third party warranties are most likely not Smart factory warranties.
The dealer will call the company who administers the plan when you have a break down. They either approve or deny the claim.
The dealer then does the repair and you pay the deductable (if any) and the dealer bills the plan.
I worked in a GM dealer years ago and the extended warranties, although approved by GM and labeled such, were not GM factory warranties.
And yes, there are loopholes in the plan that can be exploited if your dealer won't go to bat for you.

[chieftmc]

Originally Posted by doogster

The reason I bought mine is because it includes towing to the nearest dealership for the 5 yrs... which, in my case, is so far that it would likely cost me hundreds of dollars just to have it towed there... so I thought it was worth it...

Ever heard of AAA?

[jwight]

OK, I can't take it any more:

SMART Factory Extended warrantee ONLY!

Please read. Thanks.

[saskdiesel]

Originally Posted by jwight

OK, I can't take it any more:

SMART Factory Extended warrantee ONLY!

Please read. Thanks.

Who administers this plan?

[doogster]

Ever heard of AAA?:

Ever heard that AAA only tows you like 10 miles (or maybe 50 miles with an upgraded plan) that costs like $75 per year!!!! Plus, its much further then that to my dealer... so, yeah... heard of AAA... that won't help me!

[jwight]

I have no idea - didn't get an extended warranty. There's 3 pages of discussion in that thread, plus several other threads on warranty issues. All the info is there.

[Dunerunner]

jwight - You can lead a horse....Nice Try!

[xcrew229x]

Originally Posted by Jeepster55

pretty bold of you to make THAT assumption. do you have facts to back that?

as for paying for a warranty repair, i've NEVER paid for a warranty repair. it was WARRANTY, therefore it was a covered repair and didn't cost me a dime. 'if' you paid $100 for something, it was more than likely a 'deductible' on an extended warranty contract. basic new car warranties do NOT generally have deductibles.

Sorry, I could've been a wee bit clearer. The only warranty work I ever needed was a broken window crank handle on a 1974 Duster, and a broken cruise control steering wheel switch on a 2001 Dodge 3500 Turbo Diesel Dually. Maybe I've just been lucky. Maybe I'm easy on cars. Maybe I maintain 'em to death. I've got 4 cars, one old 1981 truck, and a motorcycle on the property right now. Any of them could leave Ohio for California tomorrow morning with just a top off of fuel. But that's just ME. I wasn't trying to convince anyone one way or another. I realize that some of us have a real grasp of what's going on "under the hood", so to speak, and some are good at a vast variety of other things. I personally just suck at computers. My wife was a certified Oracle genius. Knows nothing about cars. Get the idea? Simply put, what I know about Mitsu motors, Getrag transmissions, and overall MB build quality, I'm not worried.