New purchase 2025 tahoe - warranty question

nomech said:

I agree with his point, that's why I want to make sure I'm clear. If I were to buy a new vehicle, I want the extended warranty to start when the factory ends. If it costs me 2k to extend from 60k to 100k, then I'm paying 2k for 40k miles. I might be better off looking at warranties that I can still buy before I hit 60k that cost 2k that give me more than 40k miles.

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nomech said:

I understand what you are saying, but let's say the dealer tells me a brand new vehicle has 3yr/60,000 on the engine/trans but I can buy a warranty to extend it to 100k, aren't I buying a 40k extension at that point (before even driving the vehicle)?

Or are you only referring to an add-on warranty? In that case, you'd want to buy it as close as possible to the current warranty expiring, unless I missed something obvious here.

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Stbentoak said:

If you wait till the factory warranty runs out before buying an extended warranty, prices will be about two to three times of what they would be when buying it new or nearly new.. Not to mention the price of warranties go up every year. Do you want to pay the price three years in the future or pay it now?
Buy for the duration / miles that you think you will keep the vehicle and pay for it within the first year of ownership or it will cost you a lot more down the road.

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Stbentoak said:

If you wait till the factory warranty runs out before buying an extended warranty, prices will be about two to three times of what they would be when buying it new or nearly new.. Not to mention the price of warranties go up every year. Do you want to pay the price three years in the future or pay it now?
Buy for the duration / miles that you think you will keep the vehicle and pay for it within the first year of ownership or it will cost you a lot more down the road.

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vcode said:

Yes, you are only buying a 40K extension in that case. Prices go up as you near the end of your bumper to bumper warranty. How many miles a year do you drive?

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nomech said:

I bought a brand new Tahoe Jan 2020, today I have 165k miles on it.

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vcode said:

33K a year. Yeah, you would be at 12K miles in 4 months, so you might as well buy it right away. You're buying a warranty for miles, not # of years.

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