Extended warranty on car out of warranty?

[moab]

I have a 2007 GMC Yukon XL 4x4 with 99600 miles on it. I've purchased extended warranties on new cars. And even an engine additive warranty once on a used car that costs like $80. But never a full on extended warranty on a car that is out of warranty.

Is there any kind of warranty available for my vehicle that makes any sense?

 

[moab]

Nobody? No ones bought an extended warranty after their vehicle has gone out of warranty?

 

[Gurrzt]

Generally speaking, the extended warranties are not worth the paper they are written on. If you keep your vehicle properly maintained you should not need one.
If you purchased the vehicle used, and do not have a record of maintenance, you may want to purchase the warranty.

I have a running record of over maintaining my vehicles, and in my past 50 years of driving, I have never purchased an extended warranty.

 

[moab]

I have an excellent carfax and written records. Not sure if you've ever seen a carfax. But they will blow your mind. Every entity from DMV to the dealership to every mom and pop garage is digitized now and put into a database. I'm a PI and it amazed me. Every single time the vehicle was taken some place for service, repair or recall work or even an oil change it's listed. It's also a low mile car less than 100k on a 2007. It's in excellent shape. But it's also 4x4 and I have now idea how hard it was driven in 4 wheel drive etc.

Many years ago I bought a Ford Explorer off a lot. And they put Wynn oil additive in it. Which came with a drivetrain warranty of some crazy amount of miles. It was limited. Only covered the engine and tranny. But still it was something. Only cost $80. Not that that is what I'm looking for. But a little insurance would go along way with me on a car I know only some about.

No responses here. So I'm thinking they just aren't offered. Or if they are crazy expensive for very restrictive warranty. Otherwise I'd think everyone would be talking about them.

 

[Mighty Hd]

I beg to differ.

My wife's parent's sold us a Ford Explorer with 70k for pennies on the dollar. Maintenance every 2k and VERY well maintained. But, it's a ford and it's a POS. Literally.

Her dad had an extended warranty through Vehicle One AKA Ally. The same folks who serviced GMPP prior to General Motors taking over and starting their GMEPP program.

We have had the vehicle since 2012; I paid an additional $2300 to extend the Vehicle One warranty out to 104k. Thank God I did. In 30,000 miles the extended warranty paid for the following repairs at a local Ford Dealer.
Each time it was in the shop for at least 1-2 weeks, they paid for a rental each time, either a fullsize crew cab pickup or a fullsize SUV.

- Front/rear hubs
- Upper/Lower ball joints on all 4 wheels
- 2 Transmissions (NEW) (My cost was $200)
- NEW rear differential
- New driveshaft
- New rear drive axles (CV joints)
- Upper/Lower intake gaskets
- Power steering pump
- Fan clutch
- Valve cover gaskets 15k apart
- Alternator
- Tie Rod ends
- Repair the radio 3x
- Repair front driver electric seat (motors, switches, tracks)
- Oil filter adapter leak
- Upper/lower oil pan gaskets leaking
- Countless keyless remotes and keyless entry modules
- Body control module
- Power window regulators and motors on all 4 windows
- Idler PUlley & belt tensioner
- Sway bar bushings
- Auto AC control head 2x
- Steering wheel control module and buttons for AC, Cruise, Fan speed, volume.

I saved well over $10,000 in repairs on that hunk of shit before they sent me a letter essentially cancelling my warranty about 4 months before it expired.

And sure as shit, the upper/lower oil pan gasket is leaking again and the rear main. I Just got finished up pulling everything apart replacing the seals and reassembling the mess.

200 miles later, leaking again.

So are extended warranties worth it, absolutely! I buy one for every vehicle and most all major purchases including appliances and even my home.

I have come out WAY ahead on all except for two vehicles that I ended up selling and getting 90% of the money refunded back.
2004 Sierra
2007 sierra

My house warranty just covered a $2500 air conditioner blower motor that cost me $100. I pay $30/month for that plan. I'm 83 months ahead of the curve on that one repair. Add in the other 4 repairs they made to the unit and I'm several hundred months of payments ahead.

 

[Wake]

Generally speaking, the extended warranties are not worth the paper they are written on. If you keep your vehicle properly maintained you should not need one.
If you purchased the vehicle used, and do not have a record of maintenance, you may want to purchase the warranty.

I have a running record of over maintaining my vehicles, and in my past 50 years of driving, I have never purchased an extended warranty.

I'm of the same mindset when it comes to extended warranties. They are expensive and are hard to get to pay out on a repair.

I purchased an Audi a few years ago and bought one of these warranties only because I didn't know much about the vehicles at the time and wanted to cover it while I learned how to work on them. I've been a GM man my whole life and don't buy extended warranties for the GMs I buy because of my experience.

The hassle of the extended warranty on the Audi was beyond PITA and in the end I'd have been better off paying for the repairs out of pocket both in cost and aggravation. Both times in the shop it took days longer than it should have and they refused to pay for items clearly stated as covered in the warranty paperwork. Items like seals that hadn't failed but were required to be replaced when performing a repair on another part of the engine. They even created problems for the Audi dealership because they wouldn't pay their labor rate. This was a "Platinum" coverage warranty that covered all systems in the car, even tech packages. It was purchased with the car at a Mercedes dealership and was rated very highly.

They will nit-pick you to death on covering items that should be replaced but not covered because they aren't totally failed yet. It's just a major hassle and you'll be lucky if you break even unless you have a major failure like the engine or transmission needing replaced. If you can turn a wrench and have the room and ability to work on your own vehicle it will be a big savings to you to just do the work yourself. I own six vehicles and it really doesn't cost me that much because I do my own work. If I relied on someone else to maintain or repair them I'd be in the poor house. If I had warranties on them I'd be bald after pulling my hair out dealing with the fighting to get repairs covered.

I just got rid of my first Audi and picked up another newer model. The dealer wanted $3200 for a 3yr unlimited mileage warranty for powertrain and tech. I turned it down. Even if I have to pick up another engine or transmission I can do so myself and be ahead of the game cost wise. And when I make repairs I'll have the peace of mind of knowing everything that needed to be replaced was. For example, my previous Audi had the upper control arms replaced under warranty, the lower control arms while worn were still within spec, even with their cracked bushings. The warranty company refused to pay for the lowers even though the dealership recommended replacement.

 

[Mighty Hd]

I also forgot to add that I purchased an extended warranty for my Tahoe from Black Pontiac and saved well over 50% compared to the markup of the local dealers. It is a legit GMEPP plan as I just used it.

 

[moab]

I beg to differ.

My wife's parent's sold us a Ford Explorer with 70k for pennies on the dollar. Maintenance every 2k and VERY well maintained. But, it's a ford and it's a POS. Literally.

Her dad had an extended warranty through Vehicle One AKA Ally. The same folks who serviced GMPP prior to General Motors taking over and starting their GMEPP program.

We have had the vehicle since 2012; I paid an additional $2300 to extend the Vehicle One warranty out to 104k. Thank God I did. In 30,000 miles the extended warranty paid for the following repairs at a local Ford Dealer.
Each time it was in the shop for at least 1-2 weeks, they paid for a rental each time, either a fullsize crew cab pickup or a fullsize SUV.

- Front/rear hubs
- Upper/Lower ball joints on all 4 wheels
- 2 Transmissions (NEW) (My cost was $200)
- NEW rear differential
- New driveshaft
- New rear drive axles (CV joints)
- Upper/Lower intake gaskets
- Power steering pump
- Fan clutch
- Valve cover gaskets 15k apart
- Alternator
- Tie Rod ends
- Repair the radio 3x
- Repair front driver electric seat (motors, switches, tracks)
- Oil filter adapter leak
- Upper/lower oil pan gaskets leaking
- Countless keyless remotes and keyless entry modules
- Body control module
- Power window regulators and motors on all 4 windows
- Idler PUlley & belt tensioner
- Sway bar bushings
- Auto AC control head 2x
- Steering wheel control module and buttons for AC, Cruise, Fan speed, volume.

I saved well over $10,000 in repairs on that hunk of shit before they sent me a letter essentially cancelling my warranty about 4 months before it expired.

And sure as shit, the upper/lower oil pan gasket is leaking again and the rear main. I Just got finished up pulling everything apart replacing the seals and reassembling the mess.

200 miles later, leaking again.

So are extended warranties worth it, absolutely! I buy one for every vehicle and most all major purchases including appliances and even my home.

I have come out WAY ahead on all except for two vehicles that I ended up selling and getting 90% of the money refunded back.
2004 Sierra
2007 sierra

My house warranty just covered a $2500 air conditioner blower motor that cost me $100. I pay $30/month for that plan. I'm 83 months ahead of the curve on that one repair. Add in the other 4 repairs they made to the unit and I'm several hundred months of payments ahead.

Well at least we have one recommendation for one company that seems fair. I'm already at almost 100k though. I'll call them on monday. If I could get 50k coverage for a couple grand I'd consider it. Thanks for the good info. And thank you to you guys with the bad info too. If you haven't already done so please list the warranty company that screwed you. Myself and future readers could benefit greatly.

On a side note. We had a Ford Explorer too. It was a huge POS. But nothing compared to your nightmare. My nephew finally wrecked it. But not until all the interior had fallen apart, the paint was almost gone - it was a real POS to look at and drive. It did run well though. and we didn't do a whole lot of maintenance on it. It was my wife's vehicle. I hated that car. Such a narrow axle and so top heavy. I always felt like I was tipping over in the POS. Have you seen the new ones though? Man, a whole new design. Looks like a Range Rover almost. I was driven in one on an Uber ride the other day. Nice looking and driving car. We'll have to see how much of a POS it is mechanically in the coming years.

 

[Mighty Hd]

I can tell you this much, when my GMEPP is approaching the end date, I plan to purchase another extended warranty through Vehicle one at least a year prior to the GMEPP expiration, regardless of the cost. I was VERY well taken care of by them, my father inlaw was and still continues to be with several of his extended plans.

While I can make all of the repairs myself and do so easily, with kids, home life and other things, I would rather get the warranty and let a dealer handle it. Time value kind of deal.

You have to find a local car dealer that sells them and shop around. If you're in Florida, shoot me a PM and I"ll give you the info where I got mine from.

 

[adventurenali92]

I bought an extended warranty on my 2001 Durango limited a few years back. It was the most expensive one they offered through the small lot I bought from. It was fantastic. They covered stuff that wasn't even listed. And had great experience with that particular company. Then when I bought my Denali 2 years ago, I bought an extended warranty and it was a total scam. The company was so nasty to deal with and they never covered anything that was supposed to be covered inclung my transmission last winter. I threatened a law suit and they finally refunded my money. So some are good and some are bad. you have to do research on the company. Most of the manufacturer offered ones tend to be pretty good from what I've seen but can be expensive. @moab , the new explorer looks like a range rover because the range rover sport and the Explorer sit on the same platform. Range rover is owned by ford now and so they Shar ethe same platform.