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Extended Warranty?

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Fireman02 Enthusiast

Fireman02

Posted
Posted
7 hours ago, JohnH4260 said:

Is there a difference in price if you buy the warranty sooner rather than later?

Nope, and they are like anything else in the car buying process and can be negotiated down. Where they really go up in price is when you add it after the 3/36.

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Adamace1
Adamace1

All the warranties I have seen. If they say 8 years 100k. That's 8 years from when you bought it and 100k odometer miles.   I have 8 8 year ALLY warranty. So it's 8 years from the day I boug

Minnvmax Enthusiast

Minnvmax

Posted
Posted

I have never bought an extended warranty and it has paid off. However I do wish I had one on my 2019. Will I get the opportunity to buy one now that I am past the mileage???

mcgee500 Enthusiast

mcgee500

Posted
Posted

My thought on this. The internet has not be kind to these trucks, so far I have had very little trouble with mine. But I was offered a GM extended warranty when I bought my truck for a real good price. I keep my trucks 4-7 years on average but like the dealer said to help it hold it's value a ext. warranty can only help and if you need it you got it. Buying it from the start was about half as much. I figure weather I use it or don't it should help me in reselling it at some point.

Minnvmax Enthusiast

Minnvmax

Posted
Posted

My dealer is offering me the following:

 

48months/75,000 additional miles - $2985.00

60months/100,000 additional miles - $3752.00

 

 

im4snow2000 Enthusiast

im4snow2000

Posted
Posted (edited)
30 minutes ago, Minnvmax said:

My dealer is offering me the following:

 

48months/75,000 additional miles - $2985.00

60months/100,000 additional miles - $3752.00

 

 

Price this place....http://www.gmoutlet.com/gmepp_quote.html

 

And also here: https://www.knappvehicleservicecontracts.com/

 

Curious to hear what you decide. 

 

Edit: The second link offered me (if memory serves) 7 years and 120k miles, pretty comprehensive coverage, with $100  ded, for roughly $2500.

Edited by im4snow2000
Minnvmax Enthusiast

Minnvmax

Posted
Posted

Thanks. They both require me to call them so I'll do it next week.

My dealer knows I have 45k and is willing to quote me based on 35k. Hopefully others are willing  to do the same.

Dunn Senior Enthusiast

Dunn

Posted
Posted

 

On 3/16/2021 at 7:25 PM, Fireman02 said:

As long as you buy an extended warranty before 3/36k the price is the same whether you buy it day 1 or at 35,999 miles. If a dealer tells you otherwise they’re lying to you. We just went in a few months ago and bought the extended warranty for my wife’s 17 Tahoe. My friend is sales manager at the dealership and always advises friends and family to wait and buy it right before the factory warranty is up. 

exactly

 

you can buy them at anytime and they extend past factory......you are using factory warranty for first 3/5yrs,  price didnt change for my toyota that i had 15 yrs.....and i would never purchase from a dealer.....huge markup

 

anything the dealer sells you can be purchased in free world for ALOT less.....extended warranty is last thing on my mind driving off the dealer lot in my new truck, lol.....seriously, ill think about it in 2yrs or so when i need it.....not day 1 when i dont

It's Tim Senior Enthusiast

It's Tim

Posted
Posted
On 3/18/2021 at 5:45 AM, im4snow2000 said:

As of now I simply set aside the would-be premium to pay for future repairs.  If I consume the funds before 120k miles on needed repairs than I lost "the bet"......if I get past 120k miles without having $2,500 in repairs, then I figure I won the bet. 

Probably 90% of people don't have any money to set aside because they have spent it on trinkets. Any unexpected expense sends them running for the payroll advance place.

mistaare Enthusiast

mistaare

Posted
Posted

So if the extended warranty starts the day you buy it, when it says 100,000, thats 100,000 miles PLUS whatever you currently have on the vehicle, not 100,000 miles total?

tbarn Senior Enthusiast

tbarn

Posted
Posted

Should be. The devil is in the details. Read the contract. I can see it going both ways.

im4snow2000 Enthusiast

im4snow2000

Posted
Posted
5 hours ago, mistaare said:

So if the extended warranty starts the day you buy it, when it says 100,000, thats 100,000 miles PLUS whatever you currently have on the vehicle, not 100,000 miles total?

That is NOT my understanding.  It is confusing because, imo, an ext warranty STARTS when the mfg warranty expires.  However, regardless of when it starts, as I understand it, the ext warranty runs until your odometer reaches 100k (to use your example), NOT 100k plus whatever was on your odometer when you signed up.  Confirm with whomever is selling the ext warranty.  

Adamace1 Enthusiast

Adamace1

Posted
Posted (edited)

All the warranties I have seen. If they say 8 years 100k. That's 8 years from when you bought it and 100k odometer miles.

 

I have 8 8 year ALLY warranty. So it's 8 years from the day I bought it. I also have 100,000 on the warranty so since the truck had 35 miles when I bought I have 100,035 miles untill the warranty runs out.

Edited by Adamace1
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JR09country Enthusiast

JR09country

Posted
Posted
My dealer is offering me the following:
 

48months/75,000 additional miles - $2985.00

60months/100,000 additional miles - $3752.00

 

 

Seems verys high. My dealer just quoted me $2400 for a 6 year 100k miles GMEPP at time of purchase. Go up to 2800 if i did it at a later date.

Sent from my ONEPLUS A6013 using Tapatalk

JohnH4260 Enthusiast

JohnH4260

Posted
Posted (edited)

I got a quote from James E. Black Cadillac for my 2021 GMC Sierra Denali this past Saturday (3/20/2021). It’s for the GM Extended Protection Plan. 7 years/56,000 miles with a zero deductible for $1,685 and no tax since I don’t live in Pennsylvania. More details at link below.

 

http://www.gmoutlet.com/gmepp_quote.html

Edited by JohnH4260

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