file.newsgroup.cars.103180 Maven / Gradle / Ivy
From: [email protected] (Robert J. Wade)
Subject: Re: Saturn Extended Warranty
In article <[email protected]> [email protected] (I/We are Gaia) writes:
>In article <[email protected]> [email protected] (Vivek Chickermane) writes:
>>ADVICE on SATURN EXTENDED WARRANTY
>>-----------------------------------
>>
>> I placed an order for a Saturn SL2 and it is expected next week. The
>>Saturn retailer gave me some pamphlets about the extended warranty plan
>>and I have been thinking about it. Being a first time new car buyer, I am
>>seeking advice from veterans esp. those who have bought Saturns lately.
>>FYI, I have listed some of the features of the Saturn extended warranty plan.
>>The car comes with a 3 years/36,000 mile bumper-to-bumper warranty.
>>
>>Plan I
>>-------
>>Extended Powertrain Coverage
>>
>>Covers the cost of repairs to
>> * Engine
>> * Transaxle
>> * Front wheel drive
>>* 24 hour roadside assistance program
>>
>>Coverage Term (years/miles)
>>
>>Deductible 5/60,000 6/75,000 6/100,000
>>---------- -------- -------- ---------
>>$50 $375 $550 $725
>>
i say extended warranties are a ripoff, high-profit item for dealers.
but what i really want to point out here is that you are not buying
5/60k, 6/75k, 6/100k. you get 3yr/36k *free*. so what you are buying is
2/24k, 3/39k, 3/64k. keep that in mind when you look at the cost vs. coverage.
another point is that many car companies routinely fix car problems that are
out of warranty...why? design/manufacturing defects that the company owns up
to, keeping customer happy, etc.