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Corvette
C8 Forum
Extended warranty yes or no?
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<blockquote data-quote="Rruuff Day" data-source="post: 283121" data-attributes="member: 2217"><p>The dealership makes huge money on EW. They quoted me $3400 for the platinum 7 year package and dropped to $3200, then $3000 and finally $2500 before I got out the door. I considered it until I read the fine print on all the things they don't cover. That plus already having a 3 year bumper to bumper and a 5 year power train, plus the fact your 7 years starts from the original purchase invoice date, I figured I'd take my chances without it for the extra 2 years of powertrain warranty, as the rest of the EW isn't anywhere close to a bumper to bumper. EW seldom pays off. Note to others....read the fine print and rarely does anyone get their money back for the EW since as soon as you call roadside assistance or take the car to a dealer for a suspect warranty item, that cancels any EW refund whether the car is still new and still within the original warranty period or not. In addition, before they will say if an item is under warranty, they need to tear the problem area apart and see if the EW applies to whatever broke (at your cost if it isn't). Don't believe everything the dealer tells you about EW. Do your homework and check Google reviews on the carrier. GMC extended warranty has a slightly better reputation but FC Financial group (who are owned by the western Wheaton Chevrolet group....not so much. Not trying to talk anyone out of EW and if you sleep better having it, go ahead. Just my opinion and the opinion of the GM service manager when I bought the car. And FYI. The only thing my 2015 has been back for is a PDR update under warranty a month after I purchased the car. That would have crushed any potential EW refund.</p></blockquote><p></p>
[QUOTE="Rruuff Day, post: 283121, member: 2217"] The dealership makes huge money on EW. They quoted me $3400 for the platinum 7 year package and dropped to $3200, then $3000 and finally $2500 before I got out the door. I considered it until I read the fine print on all the things they don't cover. That plus already having a 3 year bumper to bumper and a 5 year power train, plus the fact your 7 years starts from the original purchase invoice date, I figured I'd take my chances without it for the extra 2 years of powertrain warranty, as the rest of the EW isn't anywhere close to a bumper to bumper. EW seldom pays off. Note to others....read the fine print and rarely does anyone get their money back for the EW since as soon as you call roadside assistance or take the car to a dealer for a suspect warranty item, that cancels any EW refund whether the car is still new and still within the original warranty period or not. In addition, before they will say if an item is under warranty, they need to tear the problem area apart and see if the EW applies to whatever broke (at your cost if it isn't). Don't believe everything the dealer tells you about EW. Do your homework and check Google reviews on the carrier. GMC extended warranty has a slightly better reputation but FC Financial group (who are owned by the western Wheaton Chevrolet group....not so much. Not trying to talk anyone out of EW and if you sleep better having it, go ahead. Just my opinion and the opinion of the GM service manager when I bought the car. And FYI. The only thing my 2015 has been back for is a PDR update under warranty a month after I purchased the car. That would have crushed any potential EW refund. [/QUOTE]
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Corvette
C8 Forum
Extended warranty yes or no?
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