Extended warranty?

[dgcam55]

I've considered this (putting money aside each month) too

[Qwimby2]

Originally Posted by Nickosport

Warranties IMO are not worth it. I had one on my Sentra and never used it.

If you just have to have an extended warranty, go somewhere like your credit union. I got one for about 1/3 as much as the prices you quoted for 100,000mi. Be careful though. Read what's not covered, they will sometimes not cover dumb things like fasteners and gaskets and oil refills.

Like I said, I wouldn't buy one and just put the cash away in case of an issue. $1875 will pay for lots of small repairs. If you can work on the car your self $1875 can do transmissions, clutches, coil packs, injectors - you name it.

+1 on that. Extended warranties can be a good deal on very-low mileage vehicles because they are reasonably priced, but like any insurance policy, the premium increases with age. I can't speak from experience, but a car-dealer friend recently told me that the bulk of claims are for electronics, rather than for drive-train problems.

[Teseo]

Dealers will not valid your warranty, so basically is wasted money. Buy parts instead

[dgcam55]

Teseo,

Not true with AAA extended warranty.
AAA pays dealer directly for repair.

In terms of doing my own repairs, I dont own tools to repair my car. Nor, do I have the space (I live in a condo no garage).
I'm not mechanically inclined, nor do I have the patience to become so - and thats ok - fixing cars is just not my thing. I like to drive them

[Mr.ac]

I read what the extended warranty covers, it was not worth it. You still have to pay for labor, and dealer labor fees are about the same price as the parts. At lest the coverage I was given.

A normal shop would still be cheaper. And wear items are not covered. So it's a waste to me.

[dgcam55]

Mr.ac, AAA covers parts & labor.

[RichardsFRS]

That's a toss up. Almost exactly like you I bought a 13 with 43 on it and I did buy the warranty because I like the peace of mind and it didn't cost much. They gave me dealer employee rates on the warranty so I got it for almost a grand for the 60thou. So my car is protected for 103. It will cover the car just like a new waranty, its transferable, I can use any certified mechanic, it came with road side if I trade the car in, or sale it whiten the warranty period, I get refunded the difference.

I guess If I do any heavy mod it will void. Dunno. I don't plan on doing any modifications. I'm to old and did all that krap and I just want the car to get back and forth to work with a good MPG and be fun on the weekend

My last scion finally went south at 189,000 miles. The repair would have not been worth the car

[mav1178]

After reading the sample contract off the AAA MidAtlantic site, I would not get it.

http://midatlantic.aaa.com/~/media/F...015.ashx?la=en

[mav1178]

Originally Posted by RichardsFRS

They gave me dealer employee rates on the warranty so I got it for almost a grand for the 60thou. So my car is protected for 103.

Extended warranties are not added on to your base, you have to read the fine print.

Usually it's up to the mileage or year limit listed on the contract, this is not added on to the end of your base warranty coverage.

5 years 100k means you get 3 years 36k warranty from the manufacturer, plus 2 years and another 64k of mileage coverage after your bumper to bumper warranty expires.


-alex

[dgcam55]

Alex,

I know for dealer warranties particularly with Certified Used cars, that is common.
BUT - for the AAA extended warranty, the warranty covers from whatever mileage the car is at today PLUS the mileage you are purchasing coverage for.
In my prior warranty with them, they actually have the starting & ending mileage specified in the agreement. I had 100k coverage starting at 35k ending at 135k!

Dom

[mav1178]

Originally Posted by dgcam55

Alex,

I know for dealer warranties particularly with Certified Used cars, that is common.
BUT - for the AAA extended warranty, the warranty covers from whatever mileage the car is at today PLUS the mileage you are purchasing coverage for.
In my prior warranty with them, they actually have the starting & ending mileage specified in the agreement. I had 100k coverage starting at 35k ending at 135k!

Dom

Hence my comment about reading the fine print... the one I referenced said it expires at the end of the term, not added on top of the odometer.

Your contract may be different, or AAA MidAtlantic just sucks at posting the correct information online.

See below:

“EXPIRATION MILEAGE
” means if the mileage term purchased exceeds fifty thousand (50,000) miles, this contract will expire at the mileage Term purchased (For
example, with the Term 72/100, i.e., seventy
Ͳtwo (72) months or one hundred thousand (100,000) miles, the contract will expire at one hundred thousand (100,000)
miles). The mileage Term is NOT added to the mileage on the odometer at the time of purchase. If the mileage Term purchased is fifty thousand (50,000) miles or less, the
mileage Term purchased IS added to the mileage on the odometer at the time of purchase. This Contract will expire at either the EXPIRATION DATE or the EXPIRATION
MILEAGE
, whichever occurs first, or when WE have wholly fulfilled OUR financial obligations under the terms of the Limit of Liability clause of SECTION
9ͲWHAT IS NOT
COVERED by this Contract.

[Packofcrows]

nope nope nope nope. Best warranty is your own treating your car like a baby, giving it elbow grease when it needs it and keeping up with maintenance.,

...or sell it at 75k like a few of my family members do. They get a new car every 1-2yrs

[billwot]

Originally Posted by dgcam55

not planning to modify at all. Planning to keep stock as is.

I bought a AAA extended warranty back in 2003 when the new Forester came out. It went to 100k. The car ran perfectly, until 96k at which point I developed an oil leak and had gasket issues. Cost of job over $2500 to fix. It paid to have the warranty in that case.

In another case, for my Outback, no warranty and it was fine..no issues to 150k.

I'm only concerned because my car is a first year production car, and so far, has experienced the chirping, the water in the tail lights (reported by the prior owner & fixed), and the rearview mirror falling off (which happenned to me).

I wonder long term if it isn't just worth it to pony it up given the risk being abit higher to start with that something will go wrong.

I was hoping to hear from people who have higher mileage BRZ's to help me decide...

Well, occasionally someone walks out of a casino with a pocket full of money, but most do not. Same with warranties...there are occasional winners, but all those other losers are paying for it.

And I assume you rolled the cost of the warrant into the payment, so you paid interest on top of the warranty cost. So I'll bet that even a $2500 bill was barely more than break even compared to the total cost of the warranty. If you would have just put about $25 in the bank each month, you would have done just as well, and that money would have been there, no matter what.

We always own 3 vehicles, a family grocery-getter (currently '14.5 Camry), my work truck, (currently '11 Tacoma), and my toy (currently '13 FRS). We drive approx 45k miles each year, and keep vehicles 5-7 years, or 100-120K miles.

I have not spent more than $1000 COMBINED TOTAL for repairs in the past 15 years.

[dgcam55]

Originally Posted by billwot

Well, occasionally someone walks out of a casino with a pocket full of money, but most do not. Same with warranties...there are occasional winners, but all those other losers are paying for it.

And I assume you rolled the cost of the warrant into the payment, so you paid interest on top of the warranty cost. So I'll bet that even a $2500 bill was barely more than break even compared to the total cost of the warranty. If you would have just put about $25 in the bank each month, you would have done just as well, and that money would have been there, no matter what.

We always own 3 vehicles, a family grocery-getter (currently '14.5 Camry), my work truck, (currently '11 Tacoma), and my toy (currently '13 FRS). We drive approx 45k miles each year, and keep vehicles 5-7 years, or 100-120K miles.

I have not spent more than $1000 COMBINED TOTAL for repairs in the past 15 years.

Its a AAA extended warranty - its not available to roll into my auto loan. I haven't even purchased it yet. I posted to get other peoples experiences with the BRZ as it started getting up in mileage to help me decide if this is something I should consider for myself (or not). After all, I am not buying the car new - its 3 years old.

Unfortunately, this thread is not answering my question on people's experiences with their long term/higher mileage experiences, but, has turned into a debate on whether a person thinks an extended warranty is worth it or not.