View Single Post
Old 02-19-2014, 11:32 PM   #14
Mr. iNCREDIBLE


 
Mr. iNCREDIBLE's Avatar
 
Drives: 2012 2SS/RS Convertible
Join Date: Aug 2012
Location: SoCal Baby...
Posts: 2,530
Quote:
Originally Posted by K1SSRSS View Post
Waste of money, bought it, haven't used it once and after reading what it actually covers and the comparing the cost to fix those items if they did happen to fail it's like throwing money down the drain especially if your going to mod the car.

I don't know how many miles you have, but being a 2011, I would think if something had a defect it would have shown up by now especially with the electrical or powertrain components.

My recommendation, just put the money you would spend on the coverage in an account and don't touch it for anything but repairs, this way you can cover repairs IF THEY ARISE and not have to worry if the coverage you purchased is going to cover it or not. These guys have studied the market and there not about to lose money so it should be pretty obvious that repairs hardly occur during the coverage period.

Sorry for the rant, but this was my first new personal vehicle and I got suckered into the additional coverage, looking back I had never purchased coverage on any of our fleet vehicles and never had the option on all the used vehicles I purchased, but I never had any major repairs (over $1,000) on any vehicles under 200,000 miles much less if they were under the 100,000 miles that I believe they cover.

depends on whether or not the car has issues..


typically you can purchase the plan up to the end of the 3/36, I have always waited until the end of at least 2 - 2.5 years and then decide if it is needed. If the car is going to be a problem child you will know by then.

I won't buy it when I buy the vehicle because they wrap it into the financing and you get charged interest on that additional $2,000 - $3,000 where if you wait and buy it later it is usually a 1 year interest free loan.
__________________
I'm only responsible for what I say, not for what you fail to understand.
Mr. iNCREDIBLE is offline   Reply With Quote