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Old 04-04-2016, 11:53 AM  
Donger Donger is offline
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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!
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Old 04-04-2016, 11:59 AM   #2
DaFace DaFace is offline
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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.
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Old 04-04-2016, 12:03 PM   #3
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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.
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Old 04-04-2016, 12:03 PM   #4
MIAdragon MIAdragon is offline
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Depends on the make you're looking at, Ford mo co has been decent for me in the past.
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Old 04-04-2016, 12:16 PM   #5
cosmo20002 cosmo20002 is offline
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Used car I picture Donger buying
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Old 04-04-2016, 12:23 PM   #6
SAUTO SAUTO is offline
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Originally Posted by Donger View Post
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.
what are you looking at?


17,000 sounds high for an engine...
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Old 04-04-2016, 12:25 PM   #7
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Originally Posted by DaFace View Post
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.
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...
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Old 04-04-2016, 12:38 PM   #8
Donger Donger is offline
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what are you looking at?


17,000 sounds high for an engine...
2006 Boxster
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Old 04-04-2016, 12:38 PM   #9
Predarat Predarat is offline
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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.
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Old 04-04-2016, 12:45 PM   #10
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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.
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Old 04-04-2016, 12:48 PM   #11
Dallas Chief Dallas Chief is offline
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What is the one piece of important information you have failed to provide?
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Old 04-04-2016, 12:50 PM   #12
hometeam hometeam is offline
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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.
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Old 04-04-2016, 02:09 PM   #13
Donger Donger is offline
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Originally Posted by hometeam View Post
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
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Old 04-04-2016, 02:09 PM   #14
Donger Donger is offline
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What is the one piece of important information you have failed to provide?
I don't know
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Old 04-04-2016, 02:10 PM   #15
Donger Donger is offline
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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.
Why?
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Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
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