Extended warranty

[Hoppy99]

Just been offered to extend my factory warranty for another 3 years on my MY17 WK2 Trailhawk by a Jeep dealership (current warranty expires in 4 weeks). Conditions are the same as covering everything in the factory warranty, logbook servicing by any authorised mechanic and 200,000kms (from new). Currently sitting on 46,000kms.
What do you think? Is the $2100 total cost….. worth it?

I was seriously considering buying a new Everest, but this might just change my mind.

[Jeeper6]

For what would be $60.00 a month it would be worthwhile...you haven't said whether you have a petrol or a diesel. Given the kms you have traveled so far in around 3 years unless there was a major change in driving habits, you likely would not hit 100,000 kms.
Would that factory warranty be transferable...if "factory" it should be. It gives a selling point if you do decide to sell.

If you have a diesel there is still the potential of engine failure lurking in the background, so that would be a very good reason to buy the extended warranty if you plan to keep the Jeep...

Ford Everests don't have an impeccable record either mind you...plenty of early failures with then as well...

[humdingerslammer]

Originally Posted by Hoppy99

Just been offered to extend my factory warranty for another 3 years on my MY17 WK2 Trailhawk by a Jeep dealership (current warranty expires in 4 weeks). Conditions are the same as covering everything in the factory warranty, logbook servicing by any authorised mechanic and 200,000kms (from new). Currently sitting on 46,000kms.
What do you think? Is the $2100 total cost….. worth it?

I was seriously considering buying a new Everest, but this might just change my mind.

Well, so they are still selling this junk insurance?

There have been numerous complaints to many state based consumer affairs units re the selling of extended warranty and other types of "extended" car insurance. And all of them have been found to be a GREAT BIG CON!

So you want to pay $700 a year for an extended warranty cover worth nothing.... go ahead...make my day!!!

Better still, send me the money. I've got another trip coming up.

BEFORE you proceed with this really silly decision, make sure you read the fine print because I bet that there will be many, many exclusions, which will show you exactly how worthless these policies are.

Yes, well, I know I sound harsh but.... really?

[OLMATE]

Agree with Humdinger, read the fine print very carefully, it might say covers engine,transmission, BUT ONLY for internal lubricated parts, so if something like Solenoids, linkages, even seals go, it's up to you to make up any difference in $$$$. Remember it's Jeep so if something can be replaced easily and efficiently it's not like to happen as their workshop manuals say otherwise, and Labour my friend will need you to cover the cost,
Like anything with a dealer GET IT IN WRITING,SIGNED OFF BY DEALER PRINCIPAL, NOT some half wit salesperson, chances are they will have left since you seen them last, but if you intend to hold on to the vehicle or one day sell it privately and its Transferable to the new owner, ( that's another thing, it might state, original purchaser ONLY) that would help as the new owner will have peace of mind, but if you are going to trade it in, the dealer won't care as they offer their own 3 months/ 5000km statutory warranty, then whatever ongoing warranty to purchaser

[SouthernComfort]

Unfortunately, and quite understandably, you won't get a consensus on this, just a variety of opinions which means you have to decide for yourself. Personally, I have never had to make a factory warranty claim for any of the brand new cars I've owned in the past, so have no experience to recall on them. However I agree that spending time with the fine print makes sense - as you would with anything of this nature, then you know what you're really getting.

I had nothing but a good experience with the third party warranty I acquired when buying my current (used) car from the dealer. It paid off for me, three claims in the three years which saved me far more than the warranty cost in total. No arguments, delays or other stalling tactics were experienced because I followed the conditions METICULOUSY e.g. servicing requirements. Most 'complainers' on feedback sites were generally disgruntled that the warranty company refused to take sympathy and overlook that a service had been performed 2 days past the deadline - that sort of thing....You've got to play the game.

Extended warranties are no different to insurance policies, in fact that's all they are in reality. They can work for you so long as you give them no room to wriggle out of honouring a claim.

[OLMATE]

Down to a Tee, Southern: Service on time, not a week over, I used my Premium Warranty to have my bonnet strut replaced as it was getting weak to support the bonnet, The dealer replaced it using a Genuine Mopar unit, not an ebay special

[Jeeper6]

Originally Posted by SouthernComfort

Unfortunately, and quite understandably, you won't get a consensus on this, just a variety of opinions which means you have to decide for yourself. Personally, I have never had to make a factory warranty claim for any of the brand new cars I've owned in the past, so have no experience to recall on them. However I agree that spending time with the fine print makes sense - as you would with anything of this nature, then you know what you're really getting.

I had nothing but a good experience with the third party warranty I acquired when buying my current (used) car from the dealer. It paid off for me, three claims in the three years which saved me far more than the warranty cost in total. No arguments, delays or other stalling tactics were experienced because I followed the conditions METICULOUSY e.g. servicing requirements. Most 'complainers' on feedback sites were generally disgruntled that the warranty company refused to take sympathy and overlook that a service had been performed 2 days past the deadline - that sort of thing....You've got to play the game.

Extended warranties are no different to insurance policies, in fact that's all they are in reality. They can work for you so long as you give them no room to wriggle out of honouring a claim.

Spot on SC, I've bought a 5 year "warranty" with this Jeep. Yes, there are some conditions to be met, the main one is that the vehicle must be serviced to "manufacturers specification" during the Warranty period...and the services must be carried out by a qualified mechanic.
Yes, most of the parts covered for failure are oiled hence the requirement to meet basic service standards.

No big deal as the "Service & Warranty Handbook" that comes with the car outlines all the items that must be checked at service along with time frames they must be done.

If you don't follow at least the basic manufacturers recommendations for your vehicle then you leave yourself exposed to a denial of a claim even with the full manufacturers warranty.

From what I have read in the fine print there is no mention of them paying the labour costs to carry out a repair, but the failed parts are covered for replacement.
The "warranty" covers crankshaft and bearings, camshafts, con rods block, heads all internals in fact. Injectors fuel pumps, throttle body, Air conditioning compressor, condenser, evaporator, alternator, diff gears, gearbox internals, power steering components inc rack etc etc

Play the game absolutely, give them no reason to refuse a claim. The warranty claims in my case are limited to the value of the vehicle at purchase. It is costing me $400.00 a year to have it...$2 grand in total.

Lets face it, most of the service items are tick & flick. Being I over service my Jeeps no issue at all...it just means for me every 2nd oil change will be done by a workshop, I'll supply all the parts and oils so will set me back maybe an extra $100.00 twice a year to keep the warranty conditions intact.