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#1 |
![]() Drives: 2010 Black 2SS LS3 Join Date: Jan 2010
Location: Cape Coral, Florida Lets Ride.
Posts: 128
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Hi everyone.
I have a couple questions about Extended Warranties from the Dealership on our 2010 Camaro. Normally I dont buy extended Warranties on my vehicles but this is the 1st time that I've owned a Brand New Car over $24.000, I wasnt going to get one on my Camaro when I bought mine but the Finance Manager at the dealership kind of talked me in to buying one for my 2010 2SS Camaro along with the Wheel and Tire Warranty. MY last vehicle a 2005 Dodge Dakota that I bought brand new had an Airbag sensor go out on it for the Passenger Seat about 6 months before I traded it in on my Camaro, I never had it fixed because I knew i was buying the new car but from talking to my friends and online to people who have had the same thing happen to them thats Not a Cheap Repair, I dont know the exact cost of it but from what others have said it's expensive and sense the 2010 Camaro has So Many Different Electronics inside of it, Power Seats, Windows, Mirrors, Heated Seats, Mirrors ETC,.. You get the Idea I agreed with the Finance Manager and Bought the 5 Year 60,000 Mile Bumper to Bumper Warranty and the Warranty that covers the Wheels and Tires if I'm driving down the road and Damage one or more of my Tires and Wheels, I think that Warranty for the Wheels and Tires was like $400-$450 and the Bumper to Bumper Warranty was approx $1800.00. The Bumper to Bumper Warranty was something that could be bought later but I was told that it was going to cost me more later to buy it than it would if I bought it at the time of the vehicle. The Warranty is the same one that Toyota uses which is good anywhere in the United States and Not just at that Dealership so if I'm out of town and something happens "I Should" be covered where ever I might be at that time and it comes with Road Side Assistance and all that type of stuff. Who else here bought the Extended Warranty and What are your thoughts on it?
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OnlineAutorama.US - A Camaro Parts/Accessories Site for Dealers & Vendors.
Muffler Delete. ( See Videos - Vid 1. - Vid 2. ) Stock Resonators & H-Pipe Removed. Magnaflow 2.50" Tru-X X-Pipe. AirAid Cold Air Intake System. 11.21.09 1100 Order Accepted At Dealer - 11.24.09 2000 Accepted At GM - 11.25.09 2500 Preferenced - 12.03.09 3000 Production Control Notes: 01/11/2010 - 12.17.09 3400 Order Broadcast - 01.13.10 3800 Order Produced VIN # 2G1FT1E - 01.25.10 4000 Available to Ship from Rail Yard by Truck - 01.27.10 5000 Delivered to the Dealership - 01-27-10 6000 Delivered to Customer. |
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#2 |
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"Roll Out"
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I bought mine from a dealer linked off this site, I saved $500.00, did the deal over the phone a few days after buying my Camaro. You can buy your warranty from any Chevy dealer you want, shop around. Fletcher Chevy is the one I bought from, really nice guy. The only down side, I had to buy it, I could not finance it in my loan, no biggy.
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Ordered on 3/31/09 _________________ 1100 Preliminary order accepted 03/31/09 2000 Order accepted by GM 05/21/09 3000 Order accepted by production control 05/27/09 3100 Order available to sequence ??? 3300 Order scheduled for production TPW 06/29/09 3400 Order broadcast 6/19/09 3800 Order produced 7/13/09 at 12:57pm vin 24881 4B00 Bayed 7/17/09 4200 Shipped 7/20/09 5000 Delivered to the dealer 8/6/09 6000, Delivered to the customer 8/7/09 |
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#3 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: '69 SS Convertible Join Date: May 2009
Location: DFW, TX
Posts: 6,307
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Oh man....see if you can cash in the warranty. When I bought the extended warranty on my Cobra several years back I was able to get a pro-rated return for the time I didn't use.
Mine is almost here and I started working on financing today. I was offered 5/50k warranty for $895 or $995 with the tire warranty. If I remember correctly you can buy the warranty from any GM dealer. I remember a thread a long time back where a dealer was offering something like $745 for a 6/60k. I'm going to see if I can find that thread and get the contact person. I hearing that GM will make you offers after the fact if you turn down the extended warranty when you buy the car. Probably a little more expensive but I think they will finance it as well. I think I'm going to wait and not buy the warranty at the moment but that's just me.
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-2010 Camaro 2SS | M6 | VR w/White Stripes | 1 3/4" KOOKS - 3" Magnaflow | LPE 3.91 gears | ADM tuned | Halltech w/ADM Scoop | Spohn/BMR Trailing Arm/Toe Rod | BC Coilovers| Pedders FE4 ZL1 swaybars | Cradle/Diff/Radius Rod bushings | VMax TB | Morimoto Projectors | MGW shifter | Red Calipers
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#4 |
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Drives a Maro
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Warranty = no cool mods
I'll just use my normal warranty and then ![]() I've been very fotunate. I've never needed to use my warranty after the factory warranty ran out. *knocks on wood* |
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#5 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: RSSS Join Date: Dec 2009
Location: Richardson, TX
Posts: 2,505
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I can't remember if I read this here or not... But it was something along the lines of if you buy your extended warranty the 1 day before it would be 1 year since buying the car (for instance I bought mine 12-17, so I would do this on 12-16) it goes for a year longer or there's something 'special' when you do that? I don't remember too much about it
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#6 |
![]() Drives: 2SS/RS Join Date: May 2009
Location: Texas
Posts: 588
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Extended warranties are a bunch of crap. You have a factory 100k mile warranty bumper to bumper. The sales people get a bonus when they sale an extended warranty. They are sales people... they get paid to sale. No matter what the sale person quotes from the brochure... your still paying for something youll most likely never use.
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#7 | |||||
![]() Drives: 2010 Black 2SS LS3 Join Date: Jan 2010
Location: Cape Coral, Florida Lets Ride.
Posts: 128
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Thanks for stopping by. I asked about any Mods that I might be installing like Headers or CAI and he said that it Would Not Void the Warranty if I installed those options. Wow you guys found some pretty good prices on the Extended Warranty. I know they make good money when they sell one to someone, The exact figure I have no idea about though. As far as when to buy it,... Hey BlaSSt Off,... I thought that it was Only a 3 Year 30,000 Mile Bumper to Bumper Warranty that came with the Camaro, Now you have me wondering, I'm going to check that out after I write this. At the time when I bought it I was thinking to myself to buy it later so that I didnt have 2 Bumper to Bumper Warranties going at the same time and the later I bought it,... The Longer I would have it for kind of thing. I did buy an extended Warranty one time on a `91 Camaro that I bought when I got back from Iraq while I was still in the Army and the Car got stolen and destroyed and it was one of those that were only good at that dealership where I bought it from and at that time I was able to Cash it in for the Remainder of the Balance of it. If i could have really bought a GM Bumper to Bumper Warranty for 6 years 60k Miles for $800 I'm going to be Pissed Off. Do you remember where that thread is by chance?
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OnlineAutorama.US - A Camaro Parts/Accessories Site for Dealers & Vendors.
Muffler Delete. ( See Videos - Vid 1. - Vid 2. ) Stock Resonators & H-Pipe Removed. Magnaflow 2.50" Tru-X X-Pipe. AirAid Cold Air Intake System. 11.21.09 1100 Order Accepted At Dealer - 11.24.09 2000 Accepted At GM - 11.25.09 2500 Preferenced - 12.03.09 3000 Production Control Notes: 01/11/2010 - 12.17.09 3400 Order Broadcast - 01.13.10 3800 Order Produced VIN # 2G1FT1E - 01.25.10 4000 Available to Ship from Rail Yard by Truck - 01.27.10 5000 Delivered to the Dealership - 01-27-10 6000 Delivered to Customer. |
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#8 | ||
![]() Drives: 2010 Black 2SS LS3 Join Date: Jan 2010
Location: Cape Coral, Florida Lets Ride.
Posts: 128
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Okay,... On the Chevrolet Website The Camaro comes with a 5yr/100,000 Miles Powertrain Warranty and a 3yr/36,000 Mile Bumper to Bumper Warranty.
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OnlineAutorama.US - A Camaro Parts/Accessories Site for Dealers & Vendors.
Muffler Delete. ( See Videos - Vid 1. - Vid 2. ) Stock Resonators & H-Pipe Removed. Magnaflow 2.50" Tru-X X-Pipe. AirAid Cold Air Intake System. 11.21.09 1100 Order Accepted At Dealer - 11.24.09 2000 Accepted At GM - 11.25.09 2500 Preferenced - 12.03.09 3000 Production Control Notes: 01/11/2010 - 12.17.09 3400 Order Broadcast - 01.13.10 3800 Order Produced VIN # 2G1FT1E - 01.25.10 4000 Available to Ship from Rail Yard by Truck - 01.27.10 5000 Delivered to the Dealership - 01-27-10 6000 Delivered to Customer. |
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#9 |
![]() Drives: CTS-V Join Date: Jan 2010
Location: Tri-State
Posts: 77
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my friend bought one for his gto and it has proved to be a losing venture. I would only buy one with the mind set that I was going to keep the car stock and run it HARD.
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#10 |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Drives: Silverado Join Date: Jan 2010
Location: Le Mars, Iowa
Posts: 2,293
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I bought an extended warranty because by doing so they lowered my intrest rate. After having the load finalized and the rate locked in, I simply called up the dealership and cancelled the warranty as they are a joke, and got the cost of the warranty applied to my loan....what a great way to save .5% intrest.
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#11 |
![]() ![]() ![]() ![]() ![]() Drives: 2010 Camaro 1SS 2007 HD FLSTC Join Date: Aug 2009
Location: Boston MA
Posts: 1,512
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Three things.
1. Extended warranties are for suckers. It is a gimmic to make extra money. The finance guy usually tries to sell you a lot of add ons to jack up the price. 2. The price is not hard and fast. If you really want one the price is negotiable. 3. If somewhere you start reading about inherent expensive problems affecting the Camaro line THEN buy the warranty. You can add it any time while the original warranty is still in effect. |
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#12 |
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Texas Military Forces
Drives: Black 2010 Camaro RS/2SS Join Date: Jul 2009
Location: San Antonio, TX
Posts: 77
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Does anyone know off hand if there is a cancellation period to get a prorated refunds. I bought my car back in Aug 09 and just wondering if I could still cancel.
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Black 2SS, Automatic w/GFX package
DiabloSport Tune, CAI by Cold Air Inductions and Muffler Delete ![]() |
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#13 |
![]() Drives: Old Join Date: Sep 2008
Location: OK
Posts: 727
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Extended warranties are money makers, that's why companies sell them. That means the odds are you won't get your moneys worth out of a warranty purchase. BUT there are advantages to fixed costs and it's not necessarily a bad idea to extend bumper to bumper coverage equal to the length of your loan, paying to repair a car that you are making payments on can be hard on the budget. This is a purchase that one should be particularly careful with though as it's very easy to get ripped off. Make sure it's backed by a reputable company and not a fly by night that will bankrupt their way out of the warranty. Make sure it has widespread support, preferably with nationwide towing to the nearest warranty repair location. And of course make sure you shop around ahead of time, warranties are commonly sold at ridiculous markups.
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#14 |
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Wow... Are you saying it cost $1800 to cover non-powertrain items for an extra 2 years/24000 miles?
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Black 2SS ordered 1/4/2010, received 2/19/2010
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#15 |
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Account Suspended
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You could always get the GM extended warranty for GM Employee pricing....then you don't have to worry about high mark ups or Finance Department profits.
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#16 |
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Camaro Junkie
Drives: 2010 2LT/RS,Born 9/14/09 @ 11:50:57 Join Date: Aug 2008
Location: Ocoee, FL
Posts: 6,119
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You have to ask yourself how long are you planning to own the car and drive it (weekend car, show car, or daily driver) if you plan to make it a show car, or weekend driver I would opt not to buy the extended warranty. If you use your Camaro as a daily driver and plan to keep the car past the 3 years and you figure you will put over 12k on the car a year I would opt for the extended warranty (except on the LS, and 1LT w/out the RS package). I purchased a 2LT/RS Camaro as my daily driver I will keep it for many years as and put on 15k per year on miles my reasons are simple (daily driver, 1st year car, plenty of electronics on the car) from past experiences I have had a power seat motor go out on every car I have owned the average cost to have this replaced as been just over $1000 my extended 6yr/100k warranty from a very friendly dealership on this site was $1200 so I paid for it out of pocket and did not finance it via my dealership. Now I can opt to cancel the extended warranty up to 35,999 miles and get a full refund if I trade in the car or it was in an accident after 36,000 miles GM will prorate the warranty.
The extended warranty is a gamble you are betting that something will fail on the car after 36k and you need to determine how much it will cost to fix it for myself a power driver seat motor or a halo headlight will more than pay for the extended warranty if something happens to them. Yes I also opted for the rim & tire warranty and I have already used the tire warranty I ran over a nail in my work parking lot took the car to my local GM dealership they had a new tire for me w/in a few hours. If do decided to get an extended warranty Shop around contact Camaro Scotty (this Is where I picked up mine) unless you do not have the cash and need to finance it w/ your loan. Good luck Sean
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#17 | |
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Account Suspended
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Another thing I would mention, stick with GM's extended warranty....those TV ad ones just don't seem to cover some things, and you find out when it's too late. My nephew got burned with one of those! |
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#18 |
![]() Drives: 2010 Black 2SS LS3 Join Date: Jan 2010
Location: Cape Coral, Florida Lets Ride.
Posts: 128
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I am so Pissed Off Right Now.
I ordered some Craftsman Deep Well Sockets from Sears today and when i went to pick them up I was pulling in to their Pick Up Area and Scraped my Front Wheel on the pull in curb so right now I have about a 2 In Scrape Mark on my Wheel. When i purchased the warranty the Finance guy told me that it would protect me if i were to hit something and my wheel would get damaged, The Extended Warranty would cover the cost of either repairing my wheel or replacement of it. Does this count as hitting something and Damaging my Wheel? Can i get my wheel fixed under the warranty? I'm going to call them in the morning and see what they say about it. I Might have to say that I hit a Large Rock (or Chunk of a Cinder Block) in the road while Driving or something like that. What are your Thoughts or Suggestions on this? CamaroScotty,... Sending you a P.M. now about a question I have....
__________________
OnlineAutorama.US - A Camaro Parts/Accessories Site for Dealers & Vendors.
Muffler Delete. ( See Videos - Vid 1. - Vid 2. ) Stock Resonators & H-Pipe Removed. Magnaflow 2.50" Tru-X X-Pipe. AirAid Cold Air Intake System. 11.21.09 1100 Order Accepted At Dealer - 11.24.09 2000 Accepted At GM - 11.25.09 2500 Preferenced - 12.03.09 3000 Production Control Notes: 01/11/2010 - 12.17.09 3400 Order Broadcast - 01.13.10 3800 Order Produced VIN # 2G1FT1E - 01.25.10 4000 Available to Ship from Rail Yard by Truck - 01.27.10 5000 Delivered to the Dealership - 01-27-10 6000 Delivered to Customer. |
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#19 | |
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Dan
Drives: THE BEAST Join Date: Sep 2009
Location: ODESSA,TX
Posts: 336
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Incorrect......bumper to bumper is 3yr/36000 miles. Your 5yr/100,000 is powertrain only!!!! motor,trans,fuel system and front/wheel drive system...I have worked at a dealership for over 4 years and let me tell GM EXT WAR is pretty good....GM offers a GMPP WARRANTY and if you get it from lithia you can also purchase a FESC WARRANTY Just remember the dealership is GM'S eyes now since the camaro has been on the road for a while......The camaro's we get in now do not need a GM REP to give us the ok..Its fix on the spot now Last edited by WICKEDSS; 02-03-2010 at 08:57 AM. |
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#20 |
![]() Drives: 1969 Chevelle, 2010 1LT Join Date: Jun 2009
Location: Chicago suburbs
Posts: 378
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I look at the extended warranty as an insurance policy. Odds are that you probably won't need to make a claim, but if something expensive breaks, you'll wish you had it. There's many factors to consider when deciding to purchase one or not such as how long you'll keep the car, how often you'll drive, if you're going to modify the car in a way that might void the warranty, if you have time and the tools to repair the car yourself, etc. If you're considering buying one, definitely shop around. I bought mine from Craig through Camaro Scotty and they saved me $1000.00 over what the dealer I bought my Camaro from wanted to charge.
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Order: 5/23/09 - Deposit given with order at dealer.
1100: 6/26/09 - Order placed by dealer - no allocation 2000: 8/15/09 - Accepted by GM. 2500: 8/18/09 - Preferenced. 3000: 8/18/09 - Accepted by Production Control. 3100: 9/9/09 - Available to Sequence. 3300: 9/9/09 - Scheduled for Production. 3400: 9/19/09 - Broadcast. 3800: 9/29/09 - Produced. ![]() 4000: 9/29/09 - Available to Ship. 4150: 9/29/09 - Original Invoice. 4200: 10/6/09 - Shipped. 5000: 10/13/09 - Delivered to Dealer. 6000: 10/13/09 - Delivered to Customer. |
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#21 |
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I just canceled mine today with only 1200 miles on the car.. I never buy extended warranties but fell victim to the whole excitement of the purchase. I had to call them at least 4 times to get the finance manager on the phone to do this and then drive there and present my original warranty document. I regret adding it as it turned out the warranty was something supplied by a local insurance company that upon reading carefully didn't net me much over the standard GM warranty. The balance will be credited back to the loan but won't lower payments any. Don't feel bad if you are having buyers remorse, you have the right to cancel it anytime.... however the sooner the better..
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1LT A6, 19" polished rims, MRT 1.0 exhaust, Boston Acoustics, C&C package, Tint
![]() NO, the Rev limiter is not set to 118MPH... and YES, driving in this manner does affect MPG... |
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#22 |
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Living the Camaro Dream!!
Drives: Rally Yellow 2SS RS Join Date: Jul 2009
Location: Naperville, IL (Chicagoland)
Posts: 203
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I never purchase extended warranty's on anything. I started doing this 30 years ago. Thinking about everything that I've purchased over the years, Refrigerators, Dishwashers, Washer, Dryers, Electronics, Houses... seems like everyone offers them. I have been lucky over the years... I take care of my purchases. The money that I have saved over the years by not buying into extented warranty's I could easily buy another Camaro
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2SS RS Rally Yellow ![]() Swift Motor sports: Motorized License Plate Holder, 3M Clear Bra, emblempros.com Custom Plaque, Advanced Automotive Concepts: Illuminated LED Rear Bowtie, Bumble Bee License Plate Holder, ProClip: for GPS and Cell Phone, Radar Detector Visor Mount, Direct Wire Smart Cord for Escort Detector, Showstopper Painted Engine Cover |
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#23 | ||
![]() Drives: 2010 Black 2SS LS3 Join Date: Jan 2010
Location: Cape Coral, Florida Lets Ride.
Posts: 128
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Hell I still have an AirAid CAI that I need to install in to my Car but I havent for the simple fact is that I've had 4 Back Surgeries and 2 Back Fusions and a Neck Fusion so I'm not able to Bend over and Install something like that as easy as I once would have been able to, So I have to wait for almost a Perfect day and timing so that I can have help probably in doing the install. I'm Not Mad that I bought the Extended Warranty,... I am Mad at the Fact that I could have bought it Cheaper than What I Did Buy it for. I have a P.M. in to CamaroScotty which I'm waiting for his reply to it before I take any Actions towards the one that I did buy and I hope he responds soon to my P.M. I hope that I never have to use the Extended Warranty but if the day comes where I need it,... I'm going to be Pretty Happy that I do have it.
__________________
OnlineAutorama.US - A Camaro Parts/Accessories Site for Dealers & Vendors.
Muffler Delete. ( See Videos - Vid 1. - Vid 2. ) Stock Resonators & H-Pipe Removed. Magnaflow 2.50" Tru-X X-Pipe. AirAid Cold Air Intake System. 11.21.09 1100 Order Accepted At Dealer - 11.24.09 2000 Accepted At GM - 11.25.09 2500 Preferenced - 12.03.09 3000 Production Control Notes: 01/11/2010 - 12.17.09 3400 Order Broadcast - 01.13.10 3800 Order Produced VIN # 2G1FT1E - 01.25.10 4000 Available to Ship from Rail Yard by Truck - 01.27.10 5000 Delivered to the Dealership - 01-27-10 6000 Delivered to Customer. |
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#24 |
![]() ![]() ![]() Drives: 12 Boss 302 Join Date: Sep 2009
Location: Grand Rapids, Mi
Posts: 1,050
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Extended warranties are a suckers bet, and don't even get me started on aftermarket warranties...not worth the paper they are printed on. If you are not finacially set to take a repair hit in the 3-5 year period after purchase, then you should consider the warranty, but you should really reconsider whether you can afford the car.
__________________
The biggest mistakes in life come when you know exactly what you are doing.
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#25 |
![]() Drives: 2010 Camaro 2SS LS3, 92 Camaro RS Join Date: Dec 2009
Location: Miami
Posts: 519
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I understand some people feelings about extended warranty not needed if you have the cash. But for some people an extended warranty maybe needed if the person wants to keep the car for up to 7 years stock. I understand the 3year/36,000 bumper-to-bumper is great for a new car. But here is the million dollar question.
What extended warranty will give us 2010 Camaro owners as near coverage as the factory (3year/36,000 bumper-to-bumper) to include wear and tear coverage to cover repairs outside of the powertrain 100,000 mile warranty. Of course, it would have to be a company that maybe in business 5-7 years down the road. Can GM provide a plan/coverage that satisfies wear and tear coverage to cover repairs outside of the powertrain 100,000 mile warranty, since we think GM will be in business for the next 5-7 years. (I want to keep my car stock) and (for as long as possible). Any professional advise will be appreciated. |
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