|5th Gen Camaro SS LS LT General Discussions General 5th generation Camaro topics not covered by other subforums.|
|08-19-2009, 02:47 PM||#1|
Drives: Gmc Denali /2SS IOM Camaro
Join Date: Nov 2008
Location: Bristol Ct
I have a question for all of you.. I just recieved the protection plan for my camaro I believe its starts when the 3 year runs out and it goes for 5 years / 100,000 miles with a $100 deductible. What is everyones thoughts on getting this is it worth it? the price they are asking for is$1738.40 0.0% and no Finance charge and a payment of $82.00 a month..
|08-19-2009, 03:10 PM||#2|
Drives: 00 impala,85 vette,92 k1500
Join Date: Jun 2009
Location: wonder lake ill
ive been in the auto biz for 30 years and what ive learned these protection plans are a rip off you allready have 3yr 36k bumper to bumper
and 5yr 100k on drivetrain ill say it again SAVE YOUR MONEY
0000: 06/17/09-(gary lang Chevrolet)
1100: 06/17/09-(preliminary order accepted) NKPQ3N
2000: 06/22/09-(accepted by gm)
3000: 06/24/09-(accepted by production control)
3300: 07/14/09-(order scheduled for production)
3400: 07/18/09-(order broadcast)
4000: 07/24/09-(available to ship)
5000: 08/05/09-(delivered to dealership)
6000: 08/06/09-(delivered to customer)
|08-19-2009, 03:13 PM||#3|
Drives: Depends on the day...
Join Date: Mar 2008
Location: West Palm Beach
Actually it's 5yr 100K on the power train. Being in the car business as well, I'd say for $82 a month, they can keep it. If the cost is only $1,740 @ 0%, is should only affect your patment $29 a month (assuming you're doing 60 months). If you're plannin on keeping the car, buy it. Keep in mind you can also buy it at a later date should you choose to do so.
Shortcuts can slow you down...
|08-19-2009, 04:00 PM||#4|
Drives: 2010 Camaro SS - Hennessey Modified
Join Date: Jul 2009
The GMPP I believe the OP is refering to is financed seperate from the auto. So it would not raise the monthy payment. It should be structured with a down payment and a montly payment. Completly seperate from the vehicle contract.
Also, have you priced the cost of an AC repair. If the compressor goes with 50k on the car its not under factory warranty. It would be safe to say that compressor/dryer/remove and replace labor would be close to the price quoted for the service contract. What about a electric window motor? Not cheap.
And the GMPP contract is from General Motors. I don't believe they are a ripp off.
I understand each has their opinion. I also understand not everyone has the cash laying around to fix what might break after the initial 36month/36,000 miles.
And you are correct you can purchase the service contract after the initial purchase of a vehicle. As long as it is still covered under the factory warranty. The 36/36 portion. Keep in mind that the cost will be adjusted up as the mileage goes up on the Camaro....
Not trying to be difficult. Just another view.
Like health/ life insurance not for everyone, but has its place in the world.
2010 Inferno Orange Metalic 2SS A6
IOM Trim, ZL1 Front Bumper Conversion, ZL1 Hood
ACS Hood Insert, Sun Roof
Hennessey Satin Black 20's
HPE550 Naturally Aspirated
Corsa Sport 3" full Exhaust
You Can Sleep In Your Car, But You Can't Drive
"Live with Intention"
|08-19-2009, 04:19 PM||#5|
Drives: RJT L99 500HP
Join Date: Aug 2009
it's a crap shoot, they sell them to make money obviously, like insurance at bestuy for various stuff you buy. They push it because it's a money maker for them. In general I don't buy things like that. However I did buy one for a tahoe 4WD I bought in 98, it more than paid for itself. I replaced the transmission several times, starter, alternator, fuel pumps, water pump, etc. all under warranty. Now that doesn't speak well for tahoe quality I knew that going in and figured the 1K was a good bet for me and I was right.
So the question is will the camaro be reliable ? Well it's a first year car however the engine is well established.
|08-19-2009, 04:22 PM||#6|
Drives: 2010 CTS Sport Wagon, 2010 BMW 335i
Join Date: Sep 2007
Location: fort lauderdale
Thats way to much money, you can still get a great price on GMPP if you buy it before the 12 month anniversary date of purchase. Believe me you can get the same plan for much less. PM me I'll give you the guy to email, he has sold me plans for two of my other cars and he is a Chevrolet dealership. Can't beat his prices, I found him over on the Corvette forum, I also bought a Z06 from him. It doesn't matter where you live, he sells to people across the country.
|08-19-2009, 04:40 PM||#7|
Drives: 2010 IBM 2SS
Join Date: Jan 2009
Some insurance companies offer a mechanical break down insrurance.
I have one on my policy through Geico, for my camaro. It only costs $6-$8 per month with a $250 deductible and is good through 7 years of ownership / 100,000 miles. That will cost one heck of a lot less than $1,700+
|08-19-2009, 04:46 PM||#8|
Drives: '10 Corvette GS/'13 Mustang
Join Date: May 2009
Location: Long Island NY
You are being OVERCHARGED !!!!
I can get the same GMPP for $1,115
pm me if you want the details
|08-19-2009, 04:49 PM||#9|
We sell the GM extended warranty to ALL CAMARO 5 members at EMPLOYEE PRICING:
Why pay FULL PRICE at your dealer for the same plan?
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