Protection plan - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

ferdi_heng · 06-18-2014, 10:19 PM

Hi All,

i bought Camaro 2LT coupe 14
and dealer offers protection plan below:

----------------------
The full protection for your new car is Diamond Kote Complete.
We will install Platinum Series DK9000 Electronic Corrosion Module and we will apply paint protection and interior protection as well.
This will ensure your new car will stay looking new.
The rust protection we will warranty for 10 years, paint protection 5 years and interior protection for 3 years.
The cost of the protection in $1,299 which includes a $200 discount.
I have enclosed their web site: http://www.diamondkote.com/protection-products/auto
Please let me know if you need any other information.

The Mechanical Breakdown is the Extended Warranty, you have full Total Plus coverage with $0 deductible.
This warranty is good anywhere in North America and includes towing service and trip interruption.
The maximum warranty is 7 years or 100,000 km.
The price of the warranty is $3022.

----------------------

do you guys bought those kind of plan
any thought or input will be really appreciated,

THanks

Egon · 06-19-2014, 03:07 AM

That electronic corrosion module sounds like a scam. This seems like they are trying to market the sacrificial anode systems used on boats to prevent corrosion for an automobile. On boats the sacrificial metal is used to donate electrons to the protected metal in the ship’s hull or props. Usually the sacrificial anodes are made of Zinc or Magnesium and will corrode first as they lose electrons and Oxidize. The problem here is that a boat can conduct the electrons from the sacrificial metal to the protected metal through the water it is sitting in. (the water completes the circuit) So unless your car is sitting in water this system is useless as connecting wires to the frame or body will not accomplish anything. Besides your cars battery is already grounded to the frame and would essentially accomplish the same thing this system is reported to do.

This begs the question though do you live in an area where rust is a real concern? If it is the money you are spending on this system would probably be better used on purchasing a beater car and storing the Camaro for the winter months when the roads are salted. Let the beater be your sacrificial anode and only drive the Camaro in nice weather. Also your paint can be preserved by following proper wash methods and applying a sealant on the paint yourself every 3-6 months. (it is not difficult or expensive) Besides none of these systems will negate the need for proper maintenance of your cars exterior so it’s best to just learn how to do it yourself.

Also for comparison purposes I negotiated a 7 year 56k mile “bumper to bumper” extended warranty for just over $1,500 when I ordered my 2014 in October last year. I say negotiated but I just flat out refused them 3 times in a row that I did not want an extended warranty of any kind. (or any of the protection packages they offered either) Finally they came up with $1500 and I had already checked online with my auto insurance agent and a few other palaces and it was right in the same ballpark with the lowball offers I had seen so I went for it. Since I only put 6,000 miles per year on my car the mileage wasn’t that important since it might seem low. I am still not 100% sure that it was a good investment but only time will tell.

So if I am reading you correctly they are offering you $4,321 worth of warranties and protection options on top of the purchase price of your car. That is a hell of a lot of money and is probably 90% pure profit for them. My recommendation is to skip all of the protection stuff and consider my advice above for the exterior maintenance. Then if you want to get the extended warranty negotiate, and look online to see what others are selling extended warranties for, the quotes are free. People don’t realize it but most of the profit on new car sales is from add-ons like these so educate yourself ahead of time to avoid paying more than you should.

ferdi_heng · 06-19-2014, 09:07 AM

Hi Egon

yup those price is on top of the car purchase price.
thanks i will do some research again as I am still waiting for the car arrive at my dealer.
I live in Pickering, Ontario - winter is suck here.

06-18-2014, 10:19 PM	#1
ferdi_heng 2LT '14 Drives: Camaro coupe 2LT 2014 Join Date: Jun 2014 Location: Ontario Posts: 22	Protection plan Hi All, i bought Camaro 2LT coupe 14 and dealer offers protection plan below: ---------------------- The full protection for your new car is Diamond Kote Complete. We will install Platinum Series DK9000 Electronic Corrosion Module and we will apply paint protection and interior protection as well. This will ensure your new car will stay looking new. The rust protection we will warranty for 10 years, paint protection 5 years and interior protection for 3 years. The cost of the protection in $1,299 which includes a $200 discount. I have enclosed their web site: http://www.diamondkote.com/protection-products/auto Please let me know if you need any other information. The Mechanical Breakdown is the Extended Warranty, you have full Total Plus coverage with $0 deductible. This warranty is good anywhere in North America and includes towing service and trip interruption. The maximum warranty is 7 years or 100,000 km. The price of the warranty is $3022. ---------------------- do you guys bought those kind of plan any thought or input will be really appreciated, THanks

06-19-2014, 09:07 AM	#3
ferdi_heng 2LT '14 Drives: Camaro coupe 2LT 2014 Join Date: Jun 2014 Location: Ontario Posts: 22	Hi Egon yup those price is on top of the car purchase price. thanks i will do some research again as I am still waiting for the car arrive at my dealer. I live in Pickering, Ontario - winter is suck here. __________________

06-19-2014, 03:07 AM	#2
Egon Drives: 2014 2SS/RS 1LE Join Date: May 2013 Location: Charlotte NC Posts: 977	That electronic corrosion module sounds like a scam. This seems like they are trying to market the sacrificial anode systems used on boats to prevent corrosion for an automobile. On boats the sacrificial metal is used to donate electrons to the protected metal in the ship’s hull or props. Usually the sacrificial anodes are made of Zinc or Magnesium and will corrode first as they lose electrons and Oxidize. The problem here is that a boat can conduct the electrons from the sacrificial metal to the protected metal through the water it is sitting in. (the water completes the circuit) So unless your car is sitting in water this system is useless as connecting wires to the frame or body will not accomplish anything. Besides your cars battery is already grounded to the frame and would essentially accomplish the same thing this system is reported to do. This begs the question though do you live in an area where rust is a real concern? If it is the money you are spending on this system would probably be better used on purchasing a beater car and storing the Camaro for the winter months when the roads are salted. Let the beater be your sacrificial anode and only drive the Camaro in nice weather. Also your paint can be preserved by following proper wash methods and applying a sealant on the paint yourself every 3-6 months. (it is not difficult or expensive) Besides none of these systems will negate the need for proper maintenance of your cars exterior so it’s best to just learn how to do it yourself. Also for comparison purposes I negotiated a 7 year 56k mile “bumper to bumper” extended warranty for just over $1,500 when I ordered my 2014 in October last year. I say negotiated but I just flat out refused them 3 times in a row that I did not want an extended warranty of any kind. (or any of the protection packages they offered either) Finally they came up with $1500 and I had already checked online with my auto insurance agent and a few other palaces and it was right in the same ballpark with the lowball offers I had seen so I went for it. Since I only put 6,000 miles per year on my car the mileage wasn’t that important since it might seem low. I am still not 100% sure that it was a good investment but only time will tell. So if I am reading you correctly they are offering you $4,321 worth of warranties and protection options on top of the purchase price of your car. That is a hell of a lot of money and is probably 90% pure profit for them. My recommendation is to skip all of the protection stuff and consider my advice above for the exterior maintenance. Then if you want to get the extended warranty negotiate, and look online to see what others are selling extended warranties for, the quotes are free. People don’t realize it but most of the profit on new car sales is from add-ons like these so educate yourself ahead of time to avoid paying more than you should.