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Topic Review (Newest First)
07-14-2013 04:23 PM
Miser
Quote:
Originally Posted by lando76 View Post
I use to sale cars. My manager always pushed us to sale the extended warranties prior to the patron going in for financing. I learned this was their biggest money maker. Not only that but if you finance it into the vehicle your even more upside down from what the car is worth then what you now owe ( considering you don't put a huge downpayment). Lastly most people don't keep their cars longer than 5 to 6 years thats a fact. If it isn't built good enough to last that long the automaker would go out of business!
X2, as the old saying goes, you can lead a horse to water, BUT YOU CAN'T MAKE THEM DRINK!
07-13-2013 10:44 PM
Noble And roadside assistance and up to $1000.00 in hotels and meals if you are over 100 miles from home.
The other benefit most people dont realize is dealerships LOVE doing warranty work because the can go by book times for labor. (chrysler pays them for 4 hours labor but a tech can do it in 2 for example)
If they have 4 repairs waiting, the warranty work gets priority! In and out faster than people without service plans.
07-13-2013 10:23 PM
JeepArn while not a complete deal maker, the lifetime warranty also provides free rental car anytime you take your car in for service. That may sound small but given the service we've been used to with my wives Lexus, when I first called to get the water pump fixed on my jeep and found out that the dealership didn't offer loaner cars I was a bit bummed (esp on a known issue) let alone didn't know how I was going to get to work for the day. But after sharing my need for a car, the service mgr noticed the lifetime wrnty and told me of the free rental car feature.
07-13-2013 08:40 PM
Noble
Quote:
Originally Posted by 2013JKBulldog
I purchased the 7 year / 120,000 miles for 1595.00 . I did it as piece of mind as I plan on keeping this thing until I don't drive any longer. With all the strange quirks going on with the new engine I thought it would be a good idea.
Thats about the cost of a body color hard top...id opt for the warranty.
07-13-2013 08:39 PM
blueshound My current car is a 13 year old vehicle I bought it in 2002 so I've had it for 11 years. My wife had her car for 13 years. My next source of transportation will be a jeep and i plan on keeping it for 11 years and I hope to give it to my daughter when she's driving age. So I'll get the lifetime and just get all the warranty stuff done for her.
07-13-2013 08:31 PM
2013JKBulldog I purchased the 7 year / 120,000 miles for 1595.00 . I did it as piece of mind as I plan on keeping this thing until I don't drive any longer. With all the strange quirks going on with the new engine I thought it would be a good idea.
07-13-2013 08:22 PM
lando76 I use to sale cars. My manager always pushed us to sale the extended warranties prior to the patron going in for financing. I learned this was their biggest money maker. Not only that but if you finance it into the vehicle your even more upside down from what the car is worth then what you now owe ( considering you don't put a huge downpayment). Lastly most people don't keep their cars longer than 5 to 6 years thats a fact. If it isn't built good enough to last that long the automaker would go out of business!
07-13-2013 08:10 PM
Bensquire66 The lifetime warranty is not transferable. You will have to keep the Jeep in your name in order for her to make a claim on the warranty. All the non-lifetime warranties are transferable.
07-13-2013 07:29 PM
blueshound
Quote:
Originally Posted by SirRyan View Post
Again, I sell them. It is not a scam. Dealers do make profit on them. I sell them here but when I do I only sell them for a small profit. I sell more that way. All they are is an insurance policy for something to break. It's like any other insurance policy, that you have but hope you never have to use. And, when you think about it, it is much cheaper for a car "breakage" insurance (extended warranty) than any other type of insurance. How much is most people's car insurance? $500-600 per year? Put a pencil to that...a 7yr warranty is $2k..7 Yrs worth of car insurance for the body is much much more. It's peace of mind for some people. It's not for everyone. Would you have auto insurance if it wasn't the law? If it makes you feel better, buy it. Again, I sell them. I bought myself the lifetime warranty for my new 13 JK I bought two weeks ago. I plan on giving this to my daughter when she can drive in 6 years. I am sure it will pay for itself more than two-fold.
Is the warranty transferable to your daughter or just keep it in your name and have everything fixed under your name. Either way brilliant idea. I will be buying the lifetime my kiddo will be getting my Jeep when she's ready for it.
07-13-2013 04:50 PM
StarBrite
Quote:
Originally Posted by Old Dogger View Post
Actually, I like to have some fun with all of your mentioned subjects, but oil wars are even more fun and real humerous at times! You should join in on the debate sometime...............
I think I'll pass this time , but thanks for offering!

07-13-2013 04:47 PM
Old Dogger
Quote:
Originally Posted by StarBrite View Post
Maybe that old expression should be changed to, "we can talk about anything but politics, religion and extended warranties."

Actually, I like to have some fun with all of your mentioned subjects, but oil wars are even more fun and real humerous at times! You should join in on the debate sometime...............
07-13-2013 04:35 PM
StarBrite
Quote:
Originally Posted by SirRyan View Post
Brilliant!
Why thank you, sir!
07-13-2013 04:28 PM
SirRyan
Quote:
Originally Posted by StarBrite View Post
Maybe that old expression should be changed to, "we can talk about anything but politics, religion and extended warranties."

Brilliant!
07-13-2013 04:22 PM
StarBrite Maybe that old expression should be changed to, "we can talk about anything but politics, religion and extended warranties."

07-13-2013 04:20 PM
Old Dogger
Quote:
Originally Posted by SirRyan View Post
So making $100 or so on a warranty is a bad thing?
No, No, and No, making $100 is not a bad thing!
You are entitled to make a living and support your family in any way that you see fit........

My point is that these types of Insurance Policies are not needed and I would feel the same way if one of my family members were selling them. I am entitled to my opinion as are you!

Let's at least agree to disagree on the subject......Cheers..........
07-13-2013 04:07 PM
SirRyan
Quote:
Originally Posted by Noble View Post
Those guys are the ones charging $4,000.00 for it.
Lets look at it in this perspective:
You buy a jeep and plan on keeping it 10 years. You have a buddy that is a certified mopar mechanic with a million dollar shop with all the latest tools and diagnostic equipment. If he told you "just give me $200.00 a year for 10 years and if anything mechanical breaks on your car ill fix it for free and buy the parts for you. AND i will give you a rental car to drive for free AND i will tow you for free and if you are more than 100 miles from home ill give you up to $1000.00 for hotel and meals. And by the way, he will do this for as long as you own your jeep!
I would do it in a heartbeat!!
Couldn't of said it any better myself...
07-13-2013 04:05 PM
SirRyan
Quote:
Originally Posted by Old Dogger View Post
Yes, I'm sure that you do make a profit on them and smile all the way to the bank................just keep selling them insurance policies, because the gullible ones are lining up with their wallets full of money, after all you are helping our weak economy to recover...........
So making $100 or so on a warranty is a bad thing?
07-13-2013 03:22 PM
Old Dogger
Quote:
Originally Posted by SirRyan View Post
Again, I sell them. It is not a scam. Dealers do make profit on them..
Yes, I'm sure that you do make a profit on them and smile all the way to the bank................just keep selling them insurance policies, because the gullible ones are lining up with their wallets full of money, after all you are helping our weak economy to recover...........
07-13-2013 02:51 PM
Noble
Quote:
Originally Posted by Miser
Extended warranties are just a gimmick, another way for them salesmen to take you to the cleaners and make themselves a nice commission! I personally know one of them. He lives in a million dollar home and smiles all the way to the Bank! They are trained professionals, so be careful!!!

I'm sure that you all work very hard for your money, and it is sad to see that some of you are being gullible to this scam!
Those guys are the ones charging $4,000.00 for it.
Lets look at it in this perspective:
You buy a jeep and plan on keeping it 10 years. You have a buddy that is a certified mopar mechanic with a million dollar shop with all the latest tools and diagnostic equipment. If he told you "just give me $200.00 a year for 10 years and if anything mechanical breaks on your car ill fix it for free and buy the parts for you. AND i will give you a rental car to drive for free AND i will tow you for free and if you are more than 100 miles from home ill give you up to $1000.00 for hotel and meals. And by the way, he will do this for as long as you own your jeep!
I would do it in a heartbeat!!
07-13-2013 02:26 PM
jdambm
Quote:
Originally Posted by Cee_Rozay View Post

What's the time frame to purchase the max care? Right before the 3/36 is over?
Iirc after 12 months it requires an inspection and there is an upcharge
07-13-2013 02:04 PM
Cee_Rozay
Quote:
Originally Posted by SirRyan View Post
I bought myself the lifetime warranty for my new 13 JK I bought two weeks ago. I plan on giving this to my daughter when she can drive in 6 years. I am sure it will pay for itself more than two-fold.
What's the time frame to purchase the max care? Right before the 3/36 is over?
07-13-2013 01:16 PM
SirRyan Again, I sell them. It is not a scam. Dealers do make profit on them. I sell them here but when I do I only sell them for a small profit. I sell more that way. All they are is an insurance policy for something to break. It's like any other insurance policy, that you have but hope you never have to use. And, when you think about it, it is much cheaper for a car "breakage" insurance (extended warranty) than any other type of insurance. How much is most people's car insurance? $500-600 per year? Put a pencil to that...a 7yr warranty is $2k..7 Yrs worth of car insurance for the body is much much more. It's peace of mind for some people. It's not for everyone. Would you have auto insurance if it wasn't the law? If it makes you feel better, buy it. Again, I sell them. I bought myself the lifetime warranty for my new 13 JK I bought two weeks ago. I plan on giving this to my daughter when she can drive in 6 years. I am sure it will pay for itself more than two-fold.
07-13-2013 11:20 AM
Miser Extended warranties are just a gimmick, another way for them salesmen to take you to the cleaners and make themselves a nice commission! I personally know one of them. He lives in a million dollar home and smiles all the way to the Bank! They are trained professionals, so be careful!!!

I'm sure that you all work very hard for your money, and it is sad to see that some of you are being gullible to this scam!
07-13-2013 10:36 AM
Cee_Rozay
Quote:
Originally Posted by Javy115 View Post

I think it was a little less than 2k
Sweet, strongly considering it!
07-13-2013 08:18 AM
Noble Someone earlier said it best: its like health insurance for your Jeep. But with a $100.00 deductible not a $4,000.00 deductible!
I havent used my health insurance in 15 years, ive had thousands of dollars in repairs to my cars though.
07-13-2013 04:20 AM
MrSig I got the 7 year 100,000 but got in when my 3/36 was almost up. I have used it a lot. Very glad I got it.
07-13-2013 03:37 AM
Javy115
Quote:
Originally Posted by Cee_Rozay View Post

What you pay for it?
I think it was a little less than 2k
07-13-2013 12:49 AM
ONETANGO I got the Lifetime Powertrain warranty. Just in case.
07-13-2013 12:47 AM
Cee_Rozay
Quote:
Originally Posted by Javy115 View Post
I got the 7 year warranty as a just in case. Ive heard jeeps have had there issues. Haven't had to use it yet. It's there if I ever need it though.
What you pay for it?
07-13-2013 12:40 AM
Old Dogger
Quote:
Originally Posted by RoadiJeff View Post
Many people say that an extended warranty is like buying insurance. Insurance companies don't expect to shell out $100,000 or more to everyone who buys a policy. However, with enough people buying them there's payout money available to those who file a claim.

Sure, people can take the $2,000 that it costs for a max care lifetime extended warranty and spend it on other things. However, when their transmission fails after 4 years and they get that $3,000+ repair bill I'm sure most people would wish they'd bought the coverage.

I don't usually buy extended warranties. However, we plan on keeping our 2013 Sahara for 10 years or more. For $2,000 upfront it will be nice to know I won't be paying for any repair bills on it during that time.
Everybody has to have a comfort level in life! Some chose to pay for that comfort and others have enough confidence from past experience to know when to shell out the money and when not too.........also current cash flow on hand would be a influencer in that decision. For me, not spending money on unnecessary insurance policies, has paid off for me in my 79 years of life. What I consider as a necessity is auto insurance, home insurance and medical as a must have. Everything else is of individual choice.........
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