Considering GM Extended Warranty Purchase
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Considering GM Extended Warranty Purchase - 6/7/2007 8:25:12 AM
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dmb7280
Posts: 384
Joined: 3/7/2007
Status: offline
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Got my GM extended warranty offer in the mail for 5 yrs 75K-100K miles. Seemed a bit expensive for only 1 more year of coverage, so I was wondering if anyone could suggest a dealer that sells the GMPP Major Guard with longer coverage at a good price. I know the mark-ups on EWs are ridiculous, but I figure some dealer out there is more volume based. Can anyone shed any light on the subject?
Also, are EW prices negotiable? Any thoughts on cost-benefit considering deductibles?
As always, thanks in advance for the help!
Lil D
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Texan by birth, Red Raider by the grace of God!
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RE: Considering GM Extended Warranty Purchase - 6/7/2007 9:51:16 AM
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D VADER
Posts: 1191
Joined: 5/21/2007
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Check out the "Sticky" at the top of the page. One gal's ordeal with GM extended warranties.
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2007 H3X w/lux pkg, black on black, Starship from the "Dark Side"
Central Ohio
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RE: Considering GM Extended Warranty Purchase - 6/7/2007 3:03:18 PM
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hummernewby
Posts: 241
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I went with the mechanical breakdown coverage offered thru my auto insurance company. It's much cheaper and covers the vehicle up to 100,000 miles.
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RE: Considering GM Extended Warranty Purchase - 6/9/2007 8:19:03 AM
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gmporter
Posts: 4
Joined: 5/25/2007
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Markups are about $500 to $600 on that mailer you got. Here are two dealers that sell them online. Got them from searching Yahoo!.... GM Extended Warranty - Roberson Auto Selling and servicing GM extended warranty service contracts to consumers. Offering GM protection plans including Major Guard, Value Guard, and Basic Guard warranties. ...www.extendedgmwarranty.com - 23k - Cached - More from this site
GMPP Genuine GM extended warranty for General Motors vehicles. Get genuine GM extended warranty, save hundreds off regular dealer pricing. ... Purchasing a GM extended warranty is a fairly large expenditure, but not as ...www.gm-auto-mall.com - 18k - Cached - More from this site
< Message edited by gmporter -- 6/14/2007 6:22:02 AM >
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RE: Considering GM Extended Warranty Purchase - 6/9/2007 12:14:14 PM
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Trayderjoe
Posts: 252
Joined: 4/24/2007
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Can't you negotiate the actual price paid for the extended plans?
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Joe
2007 H3 Victory Red-Just the way I wanted it!
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RE: Considering GM Extended Warranty Purchase - 6/9/2007 1:53:52 PM
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HummBob
Posts: 16117
Joined: 5/6/2006
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I think a GM Extended warranty is a MUST if you're planning to keep your Rig for a while. And YES, the prices ARE NEGOTIABLE!! I knew the "MONEY" guy when I bought my Rig and I paid $1600 for another 3 years/40,000km's!!
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2004 Black Hummer H2
2007 Black Escalade
 
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RE: Considering GM Extended Warranty Purchase - 6/11/2007 1:30:00 PM
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rob85635
Posts: 128
Joined: 5/9/2007
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I have never bought an extended warranty on any new vehicle until now. Why? Well, this is the first brand new American car I have purchased and the H3 is not a model that has been out a lot of years. I have the manufacturers warranty but I am worried about the time after it expires.
I now have a full 96 months 100,000 mile warranty (trust me, I will not reach 100,000 miles in that time, I have 55,000 on my 8 year old Honda Civic that was my regular driving car) that is basically a bumper to bumper minus the usual belts, hoses, etc, etc.
Why did I buy it? I don't want to have to worry if at the 5-6 year mark I am doing normal off roading and snap a u-joint, lose a piston on the highway, whatever. For me the peace of mind was worth the price. I have already talked to the EW company people, they were rated very high in customer satisfaction in the state of Arizona, the guy I talked to explained how the warranty worked and even explained a few things that are covered even now. For instance, if my H3 breaks down and I am 200 miles from home, this warranty already covers a hotel room up to $75 a night. Sure, $75 a night won't cover the cost of a hotel in more expensive areas, but it is $75 less that comes out of my pocket. I thought it would only take effect after the manufacturers warranty but it has a few features that are in effect right now.
He explained that the H3 is considered an off road vehicle and the warranty would cover "normal" off roading. If I take it up a rock hill that it is not rated for, try to cross 30" of standing water, or anything that the H3 is not rated to do, the warranty is not going to help. So I will be doing my best to abide by the rules. If anything I should be a much safer off roader since I know if I screw up, I am paying.
Only time will tell if the warranty will be worth it. But in my opinion if I never use it and it lasts 8 years and expires, well thats all fine and dandy. I will buy another Hummer and sell the one I have now.
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