Extended Warranty....Is it worth it? - Page 2 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


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Old 05-28-2004, 02:10 PM   #11
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BE CAREFUL!! I shelled out for a warranty from Warranty Gold and before I ever had a chance to use it, they filed for reorganization in the bankruptcy courts. So, I paid 1300 some odd bucks for nothing, and there isn't much chance they'll pay it back or honor the paper. They are still in musiness, and supposedly honoring warranties that were not underwritten by whatever carrier screwed them, but I wouldn't give them one red cent. They made no attempt to make good on their obligation, just ran immediately to court to hide behind the law.
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Old 05-28-2004, 03:11 PM   #12
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TELL ME THE NAME OF THE WARRANTY COMPANY AND I WILL TEEL YOU IF IT IS WORTH IT. CHECK ONLINE OF WARRANTIES YOU MIGFHT FIND A LOWERE PRICE WITH MORE COVERAGE. YOU WANT A WARRANTY THAT CAN BE USED ANYWHERE IN THE US EVEN GM DEALERS. I WORK AT A DEALER. GOOD LUCK
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Old 05-28-2004, 03:17 PM   #13
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Thanks guys there is some good information here. I am looking at Warranty Direct for a plan that is over $1,200.00 USD. The mutual fund option looks promising.

If you have thoughts and have not posted please post. I am looking for information to sway me one way or the other.
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Old 05-28-2004, 04:24 PM   #14
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Default Re: Don't Waste!

Quote:
Originally Posted by bigd
Auto insurance/warranties are some of the biggest frauds. Initial factory warranty is as far as I'll go.
I'm with bigd on this one. I've never taken an extended warranty. I've owned quite a few new cars, and I've made out. In general I'll drive a car approximately 80-100kmiles over a 4 to 5 year time frame then get rid of them.
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