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Extended warranties

Bhogan82

Member
I was able to purchase a 10yr-100k mile bumper to bumper warranty for 1100 with a vanishing 200 deductible and a loaner car. The 200 goes away as long as I bring it back to my dealer. Also had the dealer ceramic coat the interior and exterior for 850 which came with a lifetime warranty
 

van10

Member
I was able to purchase a 10yr-100k mile bumper to bumper warranty for 1100 with a vanishing 200 deductible and a loaner car. The 200 goes away as long as I bring it back to my dealer. Also had the dealer ceramic coat the interior and exterior for 850 which came with a lifetime warranty
Nice. From where that’s a good deal?
 

Bhogan82

Member
https://www.leithchryslerjeep.com/ - They have been awesome to deal with so far! Jeep is going in today for the Hitch & wiring install and they are going to do the ceramic coating as well. They are giving my wife a loaner for the day wile they take car of all this. If you are anywhere near Raleigh NC, I highly recommend them
 

dseffren

Well-known member
I was able to purchase a 10yr-100k mile bumper to bumper warranty for 1100 with a vanishing 200 deductible and a loaner car. The 200 goes away as long as I bring it back to my dealer. Also had the dealer ceramic coat the interior and exterior for 850 which came with a lifetime warranty
As a retired Finance Manager and the former National Finance Trainer for Hendrick Automotive Group - the term bumper to bumper makes me leery. I would imagine there are plenty of exclusions in that coverage. Have you read the fine print? Who is offering the coverage? I am not trying to be negative, just did the job for two many years at both Lexus and BMW dealerships and the term "Bumper-to-Bumper" is a trigger.
 

Boggswade

Well-known member
Thank you..

So.. I am a tad higher than $800


Total Quote Price:
$4,750.00
2002 GCL I have on order

COVERAGE REQUESTED
Coverage:
5 years (From original factory warranty start date)
Preferred Deductible: 200
Miles Driven Per Year: 24000
What kind of coverage would you like? Maximum Care
Would like a quote for Road Hazard Tire-Wheel? Yes
Would you like a quote for Auto Appearance? Yes
Road Hazard Details
How long would you like Road Hazard/Tire & Wheel Protection coverage?
5

Auto Appearance Care Plan Details
Auto Appearance Plan Type:
Auto Appearance Care Plus (Dents and Dings plus Windshield and Interior Upholstery Damage)
How long would you like either Auto Appearance Care or Auto Appearance Plus coverage? 5
You’re not comparing similar quotes. How much was the Max Care coverage alone? You added 3 additional coverages.
 

Sarge

Well-known member
As a retired Finance Manager and the former National Finance Trainer for Hendrick Automotive Group - the term bumper to bumper makes me leery. I would imagine there are plenty of exclusions in that coverage. Have you read the fine print? Who is offering the coverage? I am not trying to be negative, just did the job for two many years at both Lexus and BMW dealerships and the term "Bumper-to-Bumper" is a trigger.
The Mopar Max Care doesn't quite cover everything, as a new bumper to bumper would (ie cosmetic manufacturing defects, wear and tear items, etc). It does, however, cover functionality of all of the systems (electrical and mechanical). To me, for a little over $3k for the 8/125k option, that makes the cost recoverable/beneficial whether I sell it at 4 years, or even 7 years, as the prospective buyers know that it was always kept up, and if it's inside the warranty, you can price it (as an owner-seller) on par with CPO vehicles, if not higher (presuming its in good cosmetic condition too). The transfer fee is only $50.

At the same time, the air suspension and all the other complex things that will likely fail outside of 3/36 leave you money ahead. If there's any drivetrain problems after 60k, again, you're money ahead. Given a first or second year production vehicle, during these challenging manufacturing times, that will help resale that much more. People pay for certainty (uncertainty is the greatest human aversion, overall), so when you buy these warranties at a relatively discounted rate (new vs much later), you probably win the bet.
 
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