Used Car Warranties
 

I'm actively looking to purchase a used vehicle for my son to drive, and was curious about the worth and cost of a warranty for it. Suggestions, particularly if there's a reputable outfit out there, would be welcomed. Thanks!

On average, your best option for any kind of car warranty you have to pay for is to say no. It might be worth it if you get unlucky on a major repair, but chances are you won't ever use it.

The vehicle that I'm considering has about a 1 to 5% chance of catastrophic engine failure, and a new motor is about $17,000. That's the only reason I'm even considering it.

Depends on the make you're looking at, Ford mo co has been decent for me in the past.

Used car I picture Donger buying
http://i.telegraph.co.uk/multimedia/...1_2100511b.jpg

what are you looking at?


17,000 sounds high for an engine...

and they always try to find a reason to not cover anything/everything...

hell they sold a guy a warranty and 6 months later when the 5.4 3 valve blew they told him the previous owner had the same warranty and complained of an engine tick no one could figure out so they werent covering it due to pre-existing conditions, but they didnt tell him that when taking his money for a full warranty...

2006 Boxster

My luck is, if I buy the warranty everything will run super smooth, just will need routine maintenance and other things not covered by a warranty. If I do not add the warranty I will have a least 1 major $$$ repair (usually several) that would have been covered. Also you have to pay attention to the mileage more than the time they put on the warranty. The contract might only average 500 miles or so per month before the warranty expires, so you might go in 2 1/2 years later on w 4 year warranty to find out it has been expired due to mileage.

Of all people, you want to ask advice on how to save money on driving expenses?

Suck it. Suck it long, and suck it hard.

What is the one piece of important information you have failed to provide?

Consider the warranty. Whatever they have asked you to pay, negotiate it. Warranties have a cost provided to the dealer by the warranty company, they mark that up and sell it to you at profit. Sometimes its almost double the cost.

Warranties are great peace of mind, and if you can negotiate it down, then unless you dont ever use it, you will likely get your moneys worth. Trust me, if you have it, you will find stuff to use it on in a used car.

edit: PORSCHE?

Get the warranty. Better yet, dont buy a POS porsche. You will thank me when your not paying 400 bucks for an oil change.

Lmao. More like $200 but yes, expensive relatively

I don't know

Why?

Don't bother. The fight to get them to cover anything wouldn't be worth it.

If you are in KC...take it to Doc Willen @ http://www.rennsportkc.com/. Have him do a complete PPI on it prior to buying. Best Porsche mechanic in the mid-west...honest too.

Oil changes will NOT be $200...its not hard on these cars. Do not buy one without maintenance records...Boxsters are good cars.

I ****ing hate extended warranties. Mainly because i'm a service writer and dealing with those assholes sucks.

It's been mentioned already but unless you get hit with a large repair trans/eng/whatever then it doesn't pay itself off imho.

If you decide to get one make sure you check labor rate coverage. Someone people bring contracts in here that cover a max of 65/hr when my labor rate is 95. Guess who pays the difference?

Your daughter will love that car.

Sounds safe. It's box-like, right? Boxes are safe.

http://www.wreckedexotics.com/newpho...xster-6536.jpg

<iframe width="420" height="315" src="https://www.youtube.com/embed/aXnkFd373T4" frameborder="0" allowfullscreen></iframe>


^^^That's my guess.

save the money for the insurance.

Why on earth would you buy a kid a Porsche? If anything, buy it for yourself and give him that boring VW you drive.

Oh, and will you adopt me?

"Oil? Who said anything 'bout oil, bitch, you cooking?"

LMAO Love me some Chappelle's Show.

wut

There is no way uptight and sensible Donger is buying his kid a used Porsche.

Threw the "sensible" hat out the window, eh?

My teacher in HS had one. Fun little car. She drove me around in it a few times. Mid-engine roadsters have a driving feel like no other.

$17,000 for a new engine on a 10 year old car. Piss on that.

*fistbump*

That engine is unlike most production car engines.

If you want something unique then you're going to pay unique prices.

You're also getting a unique driving experience.

Im assuming Donger is buying this off a neighbor or something.....

Never buy a inexpensive car that was expensive when it was new.

ROFL I'm gonna use that quite a bit I'm thinking

Generally solid advice.

But, im not going to lecture Donger on what to buy. He wants to get a cool little sports roadster for his son. And the Boxster is basically just an entry level Porsche.

If i were his son, i'd be like "**** YEAH".

Reminds me of the Mazda RX-8's. I love everything about that car in terms of looks, road feel, interior.....freakin' suicide doors on a sports car....


......and then you look at the reliability reports and cost to fix and realize why such a cool little car can be bought for less than $10K.

Mercedes C-class is another one that sticks out in my head.....

BMW 3 Series too.....

Get him one of those sporty little Fiats. Those things are pretty cool and not too expensive.

yep. most warranties are garbage. And the language is basically a book of stuff they won't cover.


like if your motor blows up because of some random gasket leak (or something ridiculous), they would pay for the gasket, but not the motor. lol. shit like that.

Car warranty is never worth it. When do you ever hear about car engine failures on vehicles less than 10 years old? Other than poorly made American cars..

ROFL Wow.

ROFL.

Nissan has had major engine problems in fairly new vehicles. I can think of that in less than two seconds.


They all have issues

LMAO Dumb.

American ENGINES are some of the best engines out there. The knock on American cars is not their drive train, it's their fit and finish.

I've heard nothing but bad things about used car warranties. Pretty much what's already been said here.

My personal rule of thumb has been "be your own insurance". Take the money you would spend to them and put it away to yourself in some form of savings/investment instrument just like they would. If they're willing to bet you won't need it then you should too. They have done alot of research to know exactly the break even point so they can make money off of you and paying that to yourself is using their research for free. And it's there if you do need it.

I deal with them quite a bit and they are always a pain in the ass.

You learn what to say and how to say it over time.

No. He'll wreck it before any engine issue. Never buy more than a beater for a kid, it's gonna get wrecked.

"mmh mm. No ma'am. No ma'am. I'm not sure how that hole got burned into my piston. What's that? 'Boost'?.....no, I don't know what that is. No, everything was fine yesterday. Yes ma'am. Completely stock".

Boxster: the car for every Cockster.

Except with a service contract, you pay whatever.. 1200-1800 bucks up front, and thats it.

In your method, you save up the 1800 bucks and put it away.. ok engine breaks, 17 grand in this case.

Lots of OMG NOBODY NEEDS WARRANTIES THEY DONT COVER ANYTHING in this thread.. I can tell you thats just not the case. I have many years in the business both selling and service writing for warranties. A comprehensive warranty covers nearly any problem you might have. If the warranty isnt comprehensive, dont buy it. Dont take advice of people who arent experts on this subject, because like most things involving used cars, its a bunch of misconceptions parroted by people who have next to no experience regarding the subject matter. Me, Sauto, and maybe the other cat who said he was a service advisor would be the only people to listen to in this case.

Is there a chance you might not use it? Sure. Same chance with that health insurance thats mandated by the government, Same thing with gap coverage, same thing with comprehensive auto coverage.. Does that mean you dont need them or that they arent worth it when something happens? Not hardly.

Is that a chance your willing to take on a porsche.. that nobody wants to work on, that has extremely expensive parts, that people wonder why the **** you would buy one for a kid anyways? Sure, is it a pain in the ass for a service advisor to get shit covered sometimes? Yes. Did I ever have a warranty company deny a customer of mine coverage when they had a true failure, and not some bullshit they where trying to fake? Never.

Buy the warranty if you have to have this car. Tell them you will buy it at cost only.

Thank me later~

If this was a chevy cavalier or a Ford Focus? If this was something that was a know reliable type of car? The chances are you have an insane repair bill are much smaller.

With a Porsche? That warranty is worth a lot more, especially considering they are high dollar pieces of shit. (The sell price of the warranty will reflect this)

Why are you buying a porsche for a kid again? Buy a known good kind of car. If the kid wants a sports car, there are so many better options out there.

I'll drive it for two years or so, then either give it to the boy or sell it. The GTI will be my back up.

I would agree on a Porsche. Buy a full coverage warranty and find a reputable shop.

I see :hmmm: the REAL truth comes out. You're having a mid life crisis and didn't want to admit it? I wish I could have a mid life crisis and buy a Porsche. :deevee:

Just buy him a Miata and throw a Porsche badge on the front. Make sure his tuba can fit in the passenger seat.

LMAO That kid will never get his hands on that car.

God let's hope that's the case.

Doesn't Donger live in high altitude with snow and that car is rear wheel drive?