extended warranty
#1
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extended warranty
I'm not surre if this is the correct forum, but i'll give a try...the warranty on my navigator is almost uo (it has 70000 mi and is up at 75). Is there a way to extend this warranty other than through the dealer? If so, is there a company that anyone recommends?
thanks
birch
thanks
birch
#2
There are plenty of private companies waiting to take your money. Just run a search for auto warranties or extended auto warranties. Are they worth the price? Not to me, but you be the judge.
#3
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As suggested above, most 3rd party extended warranties are usually not worth the paper they are often not written on. If you feel you need one, only consider a manufacturers warranty.
#4
IF I have to get an extended warranty for my vehicle, I'd rather stay with factory extended one than aftermarket one, even though the price is higher but well worth it in the long run if needed. I have seen and dealed with too many headache from aftermarket warranty companies and most of the out come wasn't on the customer's favor without a fight and lots of hassle. They would love to take your money but when time to pay it back, it's another story.
#5
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I too recommend against any warranty. Self-insure whenever possible. Take the money you plan to spend on warranty, put it in the bank, and have it available for any future repairs. The odds are that you'll be ahead financially.
#6
I did a quicky quote on-line at a site at random and got quotes of $2652 ($100 ded) for three years of "big-ticket coverage", i.e. engine, tranny, other expensive items. Three year coverage of "All 16 major components" was $3182 ($100 ded).
Sounds like a big money maker for those selling them. Like Kestas suggests, stick the money you would have paid for the warranty in a bank account for vehicle repairs and you'll probably be surprised how much of it is left three years from now (provided you take reasonable care of your vehicle).
Sounds like a big money maker for those selling them. Like Kestas suggests, stick the money you would have paid for the warranty in a bank account for vehicle repairs and you'll probably be surprised how much of it is left three years from now (provided you take reasonable care of your vehicle).
#8
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If you keep up with "big-ticket maintenance" (timely oil changes, 30K transmission fluid changes, and 2-year coolant flushes), you should easily get another 70K or more out of your vehicle. I think the odds are with you that you can save money and enjoy your vehicle without further warranty.