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- - Should I cancel my extended warranty? (https://www.ft86club.com/forums/showthread.php?t=18759)

i bought all extended warranties and protection b/c I thought I would keep this car for 10 years after I finally got to drive it when I was closing on it. I drove it 1 week and its been in the shop now for 2. I may speak with my finance guy when I go back to discuss canceling the ones I bought because I am now unsure how long I may keep this particular car. Either way I plan to pay it off way early and may or may not mod it. I plan on talking to my SOA rep and see if they will offer anything for my inconvenience even though I am owed nothing in reality. I am in the same boat as you but at this point I feel I may keep the car 3 years then get a newer brz later on.

I'd recommend cancelling it. I bought an extended warranty on one out of the eight new cars I've had, and I ended up modding that one, autocrossing it heavily (some drag racing too), and selling it 4 years later, and never needed/used the extended warranty. Any first year issues are likely to be worked under the basic 36 month warranty, and you'll likely be fighting an uphill battle to get coverage under the extended warranty after you start modding the car (depending what mods you do and how flexible your dealer is).

How long do you have before you can cancel the extended warranty?

Quote:

Originally Posted by boonFRS (Post 473069)

How long do you have before you can cancel the extended warranty?

They are cancel able at any time. Pro-rated

Quote:

Originally Posted by jadewbj (Post 472170)

You have 3 years 36 on the whole car and 5 years 60k on the powertrain from the jump. The powertrain warranty covers most anything that would get real expensive on this car. I would say to ditch it but that is just me.

The only thing I can say is every new car pretty much comes with a longer p/t warranty vs comp 3/36. The reason is over 88% of all warranty claims come from electronics and computers. Most vehicles don't have internal lubricated part issues in engine and transmission. The longer coverage always covers the parts that normally don't break. Also cost effectiveness its not p/t that in today's technology that cost more. It replacing computers, electronics, ECU, etc. I've gotten all of my $ out of every VSA (Vehicle Service Agreement) observer purchased. Key is, only buy FACTORY coverage. TMIS VSA backed by Toyota.

Just my opinion. It's easier to pay $15-$20 a month and having peace of mind than it is to pay for repairs. Stuff always happens always at the worse time. Never when you have a bunch of disposable $$$

Quote:

Originally Posted by jeffsides (Post 473217)

They are cancel able at any time. Pro-rated

Thanks. I got it for the peace of mind and this being a first year car of its kind. Now that I'm having the CEL SL issue I might push to get it for free depending on how long my car stays at the shop.

very bad idea, with the amount of issues this thing has out of the box...

I have never in my life bought an extended warranty, but plan to for this car. Is is NOT a Toyota or a Honda and has shown some significantly annoying and expensive early problems already. That is my reasoning to buy one for the first time. I also intend to not spend over $1200 on it.

i just wanted to add 2 subtle things to this topic

#1 cars are not VCRs, you won't buy another car for the cost of repair in 3 years. Every single extended car warranty I had repaid itself.

#2 when you trade in, you will get a nice bump for it since the dealer can't pull the "there's a ___ problem" card, its Subaru serviced and they know you have the option to leave and get it fixed.

My opinion is that if you buy a first year model of anything you should get any and all warranty coverage that you can… Regardless of how great a car or its manufacturer is there will be issues… The next few model years these issues are all sorted out…

-Nate

Quote:

Originally Posted by Sonolin (Post 472081)

Sorry if this sounds like a stupid question, but I feel very conflicted. I have a few more weeks to cancel my ext. warranty and get my money back, and revert to the standard 3 year warranty.

The problem: I want to mod my car. This car just feels a tad bit underpowered. If I could tune it up now and get it that extra 15% I feel it wants/needs, I would - but I have that 6 year extended warranty staring back at me!

The responsible thing to do, would be to keep the warranty and just wait it out. Its just a car right, and really what's 15% more power going to do when my engine enivitably goes out the day after I install a supercharger?

So, I'm wondering... do you guys think I should cancel, and just mod away (maybe wait a few years probably), or just keep it? I can't see myself waiting the full 6 years, but maybe 3-4 years to start modifying it... good thing is, if I do modify it if anything else breaks it would still technically be covered, but really that's just stupid things like power windows, etc...

I just really like the peace of mind of a 6 year warranty! One thing I could do, is wait until TRD releases a supercharger. I think that would still be covered, right? I'd be very happy with that route. But there's always that conflict - I just love modifying my things :iono:

do what I am doing. Do Cosmetic mods until warranty is just about up and then start your tuning and other engine mods. Who cares if others will use that stupid term "rice", ITS YOUR MONEY NOT THEIRS.

Thanks for the input guys. I'm still on the fence about this. Might just keep it, $1200 won't break the bank but I can always put it back to the principal, so its hard...

Thanks again though, everybody's input has definitely helped.

If you're financially sound, dive right in and mod... b/c
https://encrypted-tbn0.gstatic.com/i...VD6nUAGnwO9nXi

:lol: