Extended warranty

[JB_21]

Should i cancel my extended warranty if i dont plan on keeping my camaro longer than 2-3 years?

[nyrfan]

Originally Posted by JB_21

Should i cancel my extended warranty if i dont plan on keeping my camaro longer than 2-3 years?

Yes are your already covered.


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[MS3DALE]

Originally Posted by Jamie Mac

THR is twice the distance as my dealer but I have used their parts department without a hitch. I guess I need to find out their email and shamelessly start plugging them.

O'rly?!? Hmm

[JB_21]

Originally Posted by nyrfan

Yes are your already covered.


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yes im covered right now i have 2012...

[nyrfan]

Originally Posted by JB_21

yes im covered right now i have 2012...

I meant yes, you are already covered. If you don't plan to keep it past 3 years and won't go over 36k miles in that time, then cancel it.


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[1BADLS3]

Originally Posted by nyrfan

I meant yes, you are already covered. If you don't plan to keep it past 3 years and won't go over 36k miles in that time, then cancel it.


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This. It's an absolute waste of money if you're still within your warranty period. Why? Because an extended warranty is just an insurance policy. Lots of different companies write them, all with different terms and conditions, and different pricing. If you feel like the car is going to be problematic at the end of its warranty period, THEN buy an extended warranty, or just get rid of the car. So, essentially you gave a company a bunch of money with the guarantee that they don't have to do anything for you for the first 3-ish years when you could have had that money in your pocket.

Extended warranties through other companies are usually much, much cheaper. GM Protection Plans are some of the most expensive IMO. I looked into one when I bought a used 2000 Z28 about 7 years ago. The car had 50k miles and GMPP wanted something like $1300 to warranty the car out to 80k or something stupid. I ran it through a different writer and they wanted like $800 for the same length/coverages. I decided to to buy one and soak up potential fixes. The car was fine...no issues.

[Supermaro585HP]

If your going to get a extended warranty go with GM. I own a used car lot and sell extended warrantys and I get them cheap and remember YOU GET WHAT YOU PAY FOR.. Get the GM one trust me

[2SSJIM]

Did you also know that some insurance companies carry a maintenance warranty equal to the extended warranty offered by GM only difference is the deductible will have to be met first. I know Geico does this for NEW cars only.

[clg_98ta]

Originally Posted by RallySS

Pretty sure it is 5yr/100k

Yep, the GM powertrain warranty is 5yr/100K. However, there are tons of expensive items not covered by it that an extended warranty does cover.

I like to wait for the standard B2B to end (after 3 years) and then buy the 5-yr extended warranty. I plan to keep my car at least 8 years, but if I don't I cal always sell back the unused portion.