Extended Warranty Question

[Tom T]

Buying my wife's 2008 Volvo XC90 off lease. Orig warranty 50k, 4 years, basically we'll hit the mileage limit in one more year. Dealer is offering another 100k or 4 years for $1500.

 

My gut is always to decline extended warranties, but maybe someone has a more informed opinion than mine.

[DarterMan]

The idea behind declining on extended warranties is that most of the time they are never used, and when they are it's usually for far less than what you paid for it.

 

Also, the thinking is that you could bank what you paid for the extended warranty, and when & if you do have a problem, you have the money. Problem with this is that most people will just spend the difference on whatever.

[Ravioli]

Negotiate it down. They have wiggle room.

[kyjake]

It it covers all the original warranty does may be good if not may not be worth it.

Jake

[Ravioli]

The real solution is to not be cheap and get your wife a new car.

[Tom T]

The real solution is to not be cheap and get your wife a new car.

 

tell ya what, you get her the car. I'll take the used.

[MikeMc]

tell ya what, you get her the car.

 

that's a hell of a step up from getting another man's wife flowers.

See if yo ucan find a a cheaper one or negotiate like rav said. I had one on a chevy blazer that paid for itself a couple of times over.

[Ravioli]

tell ya what, you get her the car. I'll take the used.

 

 

Is that any way to talk to someone who is friendly and nice?

[BranfordJeff]

Negotiate it down. They have wiggle room.

 

I declined and declined and declined the warrantee until it was 1/3 if the asking price, then took it. I paid $300 for an additional 50k miles of coverage, and I'm DAMN glad I did.

[Kamel]

Buying my wife's 2008 Volvo XC90 off lease. Orig warranty 50k, 4 years, basically we'll hit the mileage limit in one more year. Dealer is offering another 100k or 4 years for $1500.

 

My gut is always to decline extended warranties, but maybe someone has a more informed opinion than mine.

 

 

Another 100k miles? I'm thinking 100k total on the car. I could be wrong though. Is it a Volvo warranty?

[Tom T]

Another 100k miles? I'm thinking 100k total on the car. I could be wrong though. Is it a Volvo warranty?

 

 

Yes, up to 100k miles. Not additional. Through Volvo.

 

'Fess up Service Professional.

[Kamel]

Yes, up to 100k miles. Not additional. Through Volvo.

 

'Fess up Service Professional.

 

 

If your transmission fails and you have the warranty......

 

 

If your transmission doesn't fail and you have the warranty.....

 

[Tom T]

If your transmission fails and you have the warranty......

 

 

If your transmission doesn't fail and you have the warranty.....

 

 

 

Yes. My thoughts exactly.

 

It covers everything except brakes, struts, exhaust and entertainment system.

[Paul_M]

Get it as cheap as possible, but get it.

[Brian]

Girlfriends get warrranties, wives get Pep Boys.