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Did any of you purchase the 7 year extended warranty from the dealer when you got your new Jeep? Is it worth it or a rip off? Would love to hear your thoughts. Thanks!
 

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I am a sales manager at a car dealership...any warranty- TV, car, whatever is like an insurance policy. You hope you never have to use it, but you are glad to have it when you need it. I tell customers that all the time. Its peace of mind. Kinda money well wasted so to speak. If you finance it with the car, ask yourself this - "would I miss the extra $25 per month payment or would I miss $1k if the a/c goes out?"
 

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Did any of you purchase the 7 year extended warranty from the dealer when you got your new Jeep? Is it worth it or a rip off? Would love to hear your thoughts. Thanks!
We didn't buy it when the finance manager offered it to us at closing. I figured his price was higher than what I could find the same thing for elsewhere and I was right.

His price on the Max Care lifetime warranty was over $3,000. One of the forum members on here sells them for under $2,000 at a dealer in Michigan. I will probably buy it through him soon.
 

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Insurance

We have insurance for everything, Medical, Car, Life, etc. It cost us a lot of money and we rarely use it. I did not buy it and will take my chances. I'd rather save the $3,000 and put it into a lift, tires, etc. Just my opinion.
 

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I wish I sold the Jeep warranties here. Buy you are right, shop around, just like anything. Some dealers would rather sell a bunch for a small profit than gouge a few.
 

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You can buy them cheaper on the internet then the dealer at closing. Its the same warranty and honored at any Chrysler dealer. I usually wait a little while before I buy and decide if I'm going to keep the car long term, you can buy the extended warranty while its in 3/36. Its cheapest by a couple hundred bucks if you buy under 1/12 usually. Plenty of time to shop around and/or make sure its something you are going to keep past 3/36.

Dont let the after sales guy scare you when buying, do your own research/pricing on the extended warranty after you buy it.
 

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Extended warranties on any item, are a waste of your money!
The exception to this would be if you plan on buying a item that has known failures, but then again why would you purchase it, when you know that it is going to fail?
Think of it this way, are they really going to sell you a extended warranty so they can lose money and go bankrupt? We all know the answer to this one, and of coarse it is NO..........This is one of their highest percentage profit centers. Don't be suckered into it!
It has been proven statistically many times, that you are better off, to just make a payment to yourself, put it in your bank account each month. Now if you have a failure, well then the money is their to pay for it, if no failure, well just keep drawing interest on it!!!!!!!!!!! Some day you may need that money for a emergency, or take a lavish vacation on it..................
It's your decision, but I have used this Philosophy all of my life and it works!
 

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Extended warranties on any item, are a waste of your money!
The exception to this would be if you plan on buying a item that has known failures, but then again why would you purchase it, when you know that it is going to fail?
Think of it this way, are they really going to sell you a extended warranty so they can lose money and go bankrupt? We all know the answer to this one, and of coarse it is NO..........This is one of their highest percentage profit centers. Don't be suckered into it!
It has been proven statistically many times, that you are better off, to just make a payment to yourself, put it in your bank account each month. Now if you have a failure, well then the money is their to pay for it, if no failure, well just keep drawing interest on it!!!!!!!!!!! Some day you may need that money for a emergency, or take a lavish vacation on it..................
It's your decision, but I have used this Philosophy all of my life and it works!
X2, Good Philosophy!!!!!!!:thumb:
 

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Extended warranties on any item, are a waste of your money!
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.
 

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Mike Noble from Hayes Jeep in Kalamazoo, Michigan is the forum member who sells the warranties. His user name is Noble.

I have never spoken to him, never bought from him or his dealership, just passing on his info.

There have been several thread recently about this same warranty. They should be easy to find.
 

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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.
 

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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.........:thumb:
 

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I got the Lifetime Powertrain warranty. Just in case.
 

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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.
 

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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.
 

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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!
 
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