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Extended warranties - I need to research this

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Old Jun 22, 2007 | 02:56 PM
  #11  
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HurstGN - I guess my post above rings true with you.

There are several places to buy a GMPP online that are just a couple hundred dollars over cost. That'* really affordable compared to the list price, which is about 2-2.5 times cost.
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Old Jun 22, 2007 | 06:07 PM
  #12  
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When I bought my Bonnie in 2003, I purchased an extended warranty from Warranty Gold. Soon after the check cashed, I recieved a legal notice of bankruptcy proceedings affecting certain customers of theirs underwritten by another company. Long story short, I essentially threw $1,300 out the window. So be careful. Check the BBB, and maybe google any company you are thinking of buying from.

Also, my buddy who recommended them never had a problem. His only regret was that he didn't opt for the "no-deductable" plan, which would have cost him $200 more, but saved him hundreds in the long run.
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Old Jun 22, 2007 | 11:35 PM
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What about just taking the cost of the warranty (example 1500.00) and set it aside in a savings account. Sounds like getting them to do anything right is a battle. The headache saved might be worth having to come up with additional money to get the repair done to your liking and on your timetable.

Think about it, the warranty company is gambling that your car won't break down. And if it does, they are going to get away as CHEAP as they can. They arent in business to fix every problem your car encounters, they are in business to take your money and bet the car won't incur an expensive repair.

Whats the worst case repair on a GXP? Engine? Trans?
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Old Jun 23, 2007 | 02:19 PM
  #14  
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Years ago I had a plan through GE, yes General Electric, for my Buick. It was super and no problems at all with allowable rates or anything. They stopped for awhile and with my Bonneville I got premium coverage from Warranty Direct.

That was less than stellar. Always issues with allowable charges, allowable repairs and payments. Last time I used it they wanted to get an advisor to the dealership to verify repairs were necessary. That put me in a transportation challenged position for 3-4 days. Unfortunately, I had enough repairs to more than pay for the coverage'* cost.

That GE plan may be available through a used car dealer. If not, the GMPP as mentioned previously may be the best option... though probably pricey.
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Old Jul 6, 2007 | 05:51 PM
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The final chapter:

I got the car back just in time (read: the night before) I was to leave for Norwalk Ohio for the Inaugural NHRA Summit Racing Nationals. The radiator, wheel hub assy, and window regulator were supplied by the warranty company. The dealer installed them and the car is running. Thurday night I discover a tranny fluid leak. I go to dinner and return to the hotel. Plan is to drop off the wife at the track so at least one ticket gets used today and I track down the leak. It'* a real mess under the hood. Leak appears to be from the upper trans lione going into the rad. I find a dealer to fix it, the dealer locally buggered up the fitting and it'* now streaming out the fitting. By noon I'm back on the road. The Norwalk dealer only charged the cost of the fitting and let the labor go. Real nice folks to deal with. The service manager that did this is Jay Schafer at Baumann Pontiac on Rt 250 in Norwalk. If you ever need help, they're a real good bunch of folks there. Anywho, the car is fixed, and with my deductable, the total bill for all work, including state inspection was $218. So while I'm on the road again, the headaches were a little more than I'd care to deal with again. So all in all, I at least got my money'* worth out of the warranty so far. I still have coverage for 3 more years or till 120K miles. I guess I'm OK for now. If I had to do it all over again, I might just go with the GM warranty, but that price is twice what I paid. It'* a tough decision.

Dan McCann
2000 SSEi
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Old Jul 6, 2007 | 10:41 PM
  #16  
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My reco is to get the GMPP. Shortly after getting my 2003 SSEi the engine needed to be replaced. Unfortunately I got stuck holding the bill... which was more than I care to admit. In order to protect myself from any future problems I decided to purchase a GMPP from the dealer doing the work on my car. BTW... I was going to purchase the GMPP from an online discounter, but it turns out that my local dealer was $200 cheaper!

Go figure. Good luck.
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