Contemplating a GM Extended Warranty on our 08 LTZ

[THE YETI]

With all the hi-tech gadgetry on this LTZ, I am contemplating ponying up the cash for an extended warranty. I've been in touch with the dealer and I am looking at a 4yr/72k mile Extended Warranty with $100 deductible. Apparently it will take place once I sign the paperwork. Anyhow, they want $1980 out the door for it. The same warranty with a $0 deductible was about $400 more.

It's the only warranty endorsed by GM and its direct through the dealer. Wondering if anyone has had any other luck or options when it comes to purchasing an extended warranty?

edit: this was for the GM Major Guard Plan

 

[stevek]

I would definitely go for the 0 deductible. You'll probably have way more than 4 $100+ repairs paying off the extended warranty.

 

[Modded]

The chances of you spending $2000 in repairs for an issue that is not under the 100,000 mile/ 5 year Drivetrain warranty is very unlikely.
All depends on the abuse the Suburban is under, obviously not much if it has 24s and a drop.

I say don't do it, I went through the exact same dilemma you are going through.

 

[sumo]

really its like when you have it, you dont need it, When you dont have it, you need it. I have extended warranty on my 04 accord. Bought in 06 with 22k on it. Its now 10 with 107k and it expires @ 114k or 2011. Never had to use it for anything major. Honestly if you give your truck proprer care, service whats needed when its needed, you wont need this at all. Basically they are trying to sell you a piece of mind. If you are going to go with it, read the fine print and see whats covered. Sometimes stuff like navagation may not be covered.

 

[Mr. B]

I bought the same plan ($0 deductible). Depending on your options, you could pay for it in one visit. If you have NAV, it is relatively common for them to go out later in life. The unit alone is close to $2k. Do you have a power lift gate? Rear DVD player? Heated seats? Power fold seats? Tons of electronics on these trucks now to go bad, and expensive as hell to fix.

 

[sumo]

yea but not everything is covered. Well actually depends on the plan you get.

 

[02Lightning]

The price is negotiable for the warranty, talk em down to help you make your mind up. If they won’t budge don’t get it, that’s the way I looked at it. I got the extended warranty, I didn’t pay what they wanted but I forgot what I paid now.

 

[blueflamed03]

agree, price is marked up on warranty, offer $1600 and the $0 and I BET they take it....piece of mind is worth it, if it covers everything the powertrain doesn't.

 

[tx07tahoe]

I have the extended warranty.

 

[Mauro]

Robbie, I have a link saved on my computer at work for a dealership that sells the GMPP Major Guard warranty's pretty much a little above wholesale via the internet...I'll send you the link tomorrow when I get to work To give you an idea, I bought an extended warranty for my HD when I first got it for around $1500 to cover it till 70k with $0 deductible.....found that site later and could have had the same warranty for around $1000

*EDIT*

Found the link.....

Link

I'm guessing you have less than 24k miles on your Sub, so you could get the same coverage with $0 deductible for $1745 through that site