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Extended Warranty - Hybrid Hyundai Sonata 2016

Posted on 3/26/20 at 1:50 pm
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10630 posts
Posted on 3/26/20 at 1:50 pm
Not my car - so inb4 "you drive a chick car".

Coming up on 100k miles, water pump recently replaced. Offered 5 year/50k extended warranty for ~$2.7k (16% of initial cost of the car). Will hit 5 years before 50k miles. Know nothing of hybrids and/or extended warranties really. Warranty would cover brakes, steering, electrical, AC, suspension, fuel, cooling, and seals/gaskets.

Worth it?
Posted by Chad504boy
4 posts
Member since Feb 2005
179928 posts
Posted on 3/26/20 at 1:52 pm to
quote:

for ~$2.7k
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10630 posts
Posted on 3/26/20 at 1:55 pm to
quote:




Apparently the water pump itself almost cost that much to replace. Which is why I'm asking. I legit have no clue how expensive hybrids can be to repair. They do plan on keeping the car for longer than 5 years.
This post was edited on 3/26/20 at 2:02 pm
Posted by X123F45
Dictated not Read
Member since Apr 2015
30041 posts
Posted on 3/26/20 at 1:57 pm to
The warranty cost price for that car is likely 640 bucks.

I don't shop korean otherwise I'd get a buddy to pull it for you.

Long story short, they are trying to screw you
Posted by bad93ex
Walnut Cove
Member since Sep 2018
36766 posts
Posted on 3/26/20 at 1:58 pm to
quote:

Apparently the water pump itself almost cost that much to replace.


2016 Hyundai Sonata Hybrid Water Pump $31

Find a new mechanic
Posted by Chad504boy
4 posts
Member since Feb 2005
179928 posts
Posted on 3/26/20 at 2:00 pm to
I'd trade the car in for a new 0% financing gas sonata offer before purchasing a $2700 warranty.
Posted by Robertson coach
pville
Member since May 2019
328 posts
Posted on 3/26/20 at 2:00 pm to
Way too expensive. Anything over $1-1.200 tell then your out. I get the water pump situation now, but if nothing else breaks in your time, then just paid extended warranty company instead if shop. Plus, why over pay when can pay a reasonable price
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10630 posts
Posted on 3/26/20 at 2:00 pm to
Thanks for the feedback. Maybe I misunderstood what the person who had it replaced told me. May have been more scope than just the water pump. Either way, I told them that seemed high, but truly have no idea what normal repair costs for hybrids are.
This post was edited on 3/26/20 at 2:03 pm
Posted by 9Fiddy
19th Hole
Member since Jan 2007
67146 posts
Posted on 3/26/20 at 2:05 pm to
In very good condition the trade in value for that car is $7,000. So you'd be paying 39% of the car's current value for a warranty.
Posted by Tshiz
Idaho
Member since Jul 2013
7974 posts
Posted on 3/26/20 at 2:22 pm to
quote:

In very good condition the trade in value for that car is $7,000. So you'd be paying 39% of the car's current value for a warranty.


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