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"Aftermarket" extended warranties for vehicles

Posted on 3/20/19 at 7:49 am
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68603 posts
Posted on 3/20/19 at 7:49 am
OK I searched and didn't find anything but has anyone purchased an "aftermarket" extended warranty (or after your factory/dealer warranty has expired) for your vehicle.....that you were satisfied with?

Any horror story/waste of money examples bc the company didn't cover shite?

TIA
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/20/19 at 7:54 am to
Just remember that if it was worth it, they wouldn't sell it.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 3/20/19 at 7:59 am to
Hell no. Fackers call me everyday asking me to buy one for cars I don't even own anymore. If i met someone that gave out my number to one of these companies they would likely get a black eye.
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 3/20/19 at 8:24 am to
My buddy bought one for his GMC 2500 Diesel Denali. Something in his fuel system exploded and caused around 14k in damage. His extended warranty covered it, so they do come in handy sometimes.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68603 posts
Posted on 3/20/19 at 8:27 am to
quote:

My buddy bought one

From who?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 3/20/19 at 8:29 am to
What kind of vehicle?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
96235 posts
Posted on 3/20/19 at 8:32 am to
quote:

OK I searched and didn't find anything but has anyone purchased an "aftermarket" extended warranty (or after your factory/dealer warranty has expired) for your vehicle.....that you were satisfied with?


I've bought 1 aftermarket and 1 extended certified (which is still current).

The aftermarket? I knew it was a terrible deal and I bought it anyway. The VERY THING I was worried about happened, right before the end of the warranty, so I thought I won the game on that one.

Now - get this - A/C failed while on vacation. I take it to the local dealership (rhymes with Whorelando) and they do an estimate for about $1200. The aftermarket warranty wants to see pictures since it is over $1000. They deny due to alleged collision damage. I must assume it occurred, but it was undisclosed to me when I bought the car in the used marked. Apparently these A/C systems "never" fail prior to 100k miles.

So, the frickers who sold me the car and the extended warranty didn't disclose the damage AND THE DAMAGE VOIDED THE WARRANTY THEY SOLD ME.

In the final insult, I get the private pay bill from the dealership on the A/C and with tax, was about $997. If they had billed that much to begin with, the warranty would likely have paid because it was under their screening threshold. In their effort to screw the warranty company, they screwed me.

FFS
This post was edited on 3/20/19 at 8:34 am
Posted by oleyeller
Vols, Bitch
Member since Oct 2012
32608 posts
Posted on 3/20/19 at 8:50 am to
waste of time and money
Posted by X123F45
Member since Apr 2015
29994 posts
Posted on 3/20/19 at 9:02 am to
quote:

Just remember that if it was worth it, they wouldn't sell it.



Yes and no.

Not worth it for most does not mean not worth it for me.

Posted by BACONisMEATcandy
Member since Dec 2007
46743 posts
Posted on 3/20/19 at 9:03 am to
I've bought 2 cars in the past decade and have purchased the extended bumper to bumper warranty that covered car for 60 months (life of the loan). Paid for itself on the Grand Cherokee ($900). We will see if it does on the Sequoia ($1200).
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68603 posts
Posted on 3/20/19 at 9:20 am to
quote:

What kind of vehicle?

'15 Sierra 5.3 Crew Cab...no 4WD
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43528 posts
Posted on 3/20/19 at 9:20 am to
The only extended anything ive ever bought is wheel and tire.

With all the construction here ive had to replace 2 tires already. Worth it.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68603 posts
Posted on 3/20/19 at 9:22 am to
I always get the road hazard for my tires too from Discount Tire.
Posted by achenator
Member since Oct 2014
3331 posts
Posted on 3/20/19 at 9:27 am to
I have heard that warranties from “fidelity” are good. Don’t know much about them but they are preferred among some German car owners.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
68603 posts
Posted on 3/20/19 at 9:31 am to
quote:

Just remember that if it was worth it, they wouldn't sell it.

Jack Daniels sells Jack Daniels and it's definitely worth it
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/20/19 at 9:37 am to
Jack Daniels isn't a hedge bet that the car will/won't break before you get bored of it and trade it in
Posted by dbeck
Member since Nov 2014
29454 posts
Posted on 3/20/19 at 9:40 am to
quote:

Aftermarket" extended warranties

Bigger scam than insurance.
Posted by AUCE05
Member since Dec 2009
45419 posts
Posted on 3/20/19 at 9:40 am to
The p-values of an extended warranty increasing your NPV (or minimizing depending how you calculate) is very low.
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 3/20/19 at 9:45 am to
quote:

I've bought 2 cars in the past decade and have purchased the extended bumper to bumper warranty that covered car for 60 months (life of the loan). Paid for itself on the Grand Cherokee ($900). We will see if it does on the Sequoia ($1200).


So the GC it worked after the reg warranty? What was it for?

Anyone, try to get out of one of these, when wrapped up into payments from dealership getting you at the right time?
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
23541 posts
Posted on 3/20/19 at 9:47 am to
Don't sweat it, man. "Bob Smith" from Bangalore will be calling you soon with a sweet deal on a car warranty.
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