Extended Warranties - Are they worth it?
I got a quote of $2,500for a 3yr/45k additional miles (I have 33k now so it would be up to 78K miles)
I plan to keep this truck for about 2-3yrs with not more than 12k miles/yr
Here's what's covered: http://www.nationwideautowarranty.co...rotection.html -The quote I gotalso includes the Electrical High Tech Option.
Works out to about $0.70 - $1.00/mile depending on how long I keep/drive it.
I plan to keep this truck for about 2-3yrs with not more than 12k miles/yr
Here's what's covered: http://www.nationwideautowarranty.co...rotection.html -The quote I gotalso includes the Electrical High Tech Option.
Works out to about $0.70 - $1.00/mile depending on how long I keep/drive it.
Here's another one.
The "Gold Plus Coverage" in the green text is the one most comparable to the first plan I posted, but it's only for 2yrs/24k miles
PLEASE LOOK OVER THE FOLLOWING THREE QUOTES AS THEY ALL OFFER DIFFERENT COVERAGE OPTIONS...
Thank you for your request for a price quote on a warranty from Auto Advantage Inc. We have several warranty programs that may fit your needs. Included below are details for each of the programs we offer. They are all excellent choices for your vehicle. You will notice that one of the plans is basic Major Component type coverage(in blue) and one is Component Type Bumper-To-Bumper coverage(in green). The other is full Exclusionary Bumper-To-Bumper coverage(in black). Please look over all three plans and choose the one that works best for you. If you have any questions, or you would like to purchase a warranty, you can reach me directly at 800-933-9190, or via email at hm@autowarranties.com .
Hal J. Moses
President
Auto Advantage Inc.
[i]THIS PLAN IS THE BEST MAJOR COMPONENT COVERAGE AVAILABLE.
Warranty Offered By: Auto Advantage Inc.
Administered & Insured By: Warranty Administration Services
Underwriter's AM Best Rating: A/Excellent (Which means the highest level of financial security)
Vehicle Eligibility: YES, This vehicle qualifies
Auto Advantage Inc.
* Extended Warranties Direct to consumers, is our Business
* We Offer Premium New & Used Vehicle Warranties
* No Gimmicks, No Coupons and No Up Selling tactics ever!
* Due to our large volume we offer the lowest prices from the start, for the most comprehensive coverage available for your Vehicle.
* Our company is owned and staffed by warranty experts, not Salespeople or Telemarketers.
* We understand the three most important words "YES IT'S COVERED"
For more information CALL 1-800-933-9190 to find out more.
PLEASE PRINT THIS E-MAIL!!!
Thank you for your request for a price quote for an extended warranty. These prices are all for Component Coverage warranties.
See Policy Details at bottom of E-Mail for coverage details.
Reference # WASDC (07)
Driver's Choice Coverage
$0.00 Deductible
3 Year/Unlimited Additional Miles- $1,029.00
5 Year/150,000 Additional Miles- $1,099.00
7 Year/100,000 Additional Miles- $1,079.00
This warranty starts from the *current mileage and from the *date you purchase the policy...
(Example: If you purchase the 5 year/150,000 mile coverage on a 1993 vehicle with 98,500 miles you would get 5 additional years of coverage or until the vehicle reaches 248,500 miles.)
We accept Visa, Master card or Discover
This Plan Includes:
* Towing Service
* Rental
* Warranty Renewability
* Transferable to the next owner
* Engine Cooling Enhancement Additive Kits
* Exclusive Availability Of The No Claims Bonus Rebate Program
(If service contract expires and no claim have been made, 100% of the purchase price will be refunded)
Repairs can be done at any repair shop or dealership in the United States or Canada. Payment will be made to the repair facility by the warranty administrator's corporate Visa card account.
For further information please call me at 1-800-933-9190, or E-mail me at hm@autowarranties.com If you would like to see a sample brochure we can send you one in the mail. Thanks again for your interest. We hope we can be your warranty source both now and in the future.
“WHAT IS COVERED"
***Driver's Choice Coverage***
Engine and Water Pump: The following parts of gasoline and diesel engines: pistons, piston rings, piston pins, crankshaft and main bearings, connecting rods and rod bearings, camshaft and camshaft bearings, timing chain and timing gears, intake and exhaust valves, valve springs, oil pump, push rods, rocker arms, hydraulic lifters, rocker arm shafts and water pump. The engine block and cylinder heads are covered only if damaged by a part listed above.
Transmission: The following parts of manual or automatic transmissions: torque converter, oil pump, governor, bands, drums, planetaries, sun gear and shell, sprag(s), shaft(s), bearings, shift rail, forks, and synchronizers.
Drive Axle Assembly: Drive shaft, ring & pinion gears, pinion bearings, side carrier bearings, carrier assembly, axle & axle bearings, universal & CV joints except if boot is damaged or missing. Drive axle housing is covered if damaged by a broken listed covered part.
4X4 Transfer Case: Internally lubricated parts of the 4x4 transfer case.
Air Conditioner: Compressor, condenser, evaporator, orifice tube.
Electrical: Alternator, voltage regulator, power window motor, heater fan, starter motor. No other electrical components are covered by this program.
Seals & Gaskets: Seals and gaskets are replaced only as part of repair or replacement of the above covered components.
Car Rental & Towing: This program provides a total of $150 for car rental and a total of $100 for towing. Car rental & towing will be paid on valid, authorized claims only.
Labor & Diagnostic Charges: Are covered in conjunction with an authorized repair on above listed components.
Hal J. Moses
President
Auto Advantage Inc.
1-800-933-9190
[color=#008000][size=3]THIS PLAN IS THE BEST COMPONENT TYPE BUMPER-TO-BUMPER COVERAGE AVAILABLE.
Warranty Offered By: Auto Advantage Inc.
Underwriter's AM Best Rating: A+Superior (Which means the highest level of financial security)
Vehicle Eligibility: YES, This vehicle qualifies
Auto Advantage Inc.
* Extended Warranties Direct to consumers, is our Business
* We offer only Premium Vehicle warranties
* No Gimmicks, No Coupons and No Up Selling tactics ever!
* Due to our large volume we offer the LOWEST PRICES FROM THE START, for the most comprehensive Bumper to Bumper coverage available for your Vehicle.
* Our company is owned and staffed by warranty experts, not Salespeople or Telemarketers.
* We understand the three most important words "Yes It's Covered"
PLEASE PRINT THIS E MAIL!
Thank you for your request for a price quote for an extended warranty. These prices are all for Enhanced Component Coverage warranties. This is one of the most comprehensive Enhanced Component policies available. Coverage includes breakdown and failure due to NORMAL WEAR AND TEAR on all covered items. See Policy Details at bottom of E-Mail for coverage details.
Ref. # FFGPC6U0040625 (05)
Gold Plus Coverage
$100.00 Deductible
1 Year/12,000 Additional Miles- $2,101.00
1 Year/15,000 Additional Miles- $2,189.00
2 Year/24,000 Additional Miles- $2,562.00
2 Year/30,000 Additional Miles- $2,815.00
3 Year/36,000 Additional Miles- $3,409.00
3 Year/45,000 Additional Miles- $3,595.00
4 Year/40,000 Additional Miles- $3,590.00
4 Year/48,000 Additional Miles- $4,084.00
Lower deductibles are also available:
For $50.00 Deductible- Add $115.00
All warranties start from current mileage and from the current date.
[ul][*]Low Down Payment Financing Available!!! [/ul]
All Plans Include:
* Towing
* Rental
* Lockout Service
* 24 Hour Roadside Assistance
* Trip Interruption Assistance
* One Deductible Per Repair Visit
* All Warranties are Transferrable & Renewable.
Repairs can be done at any repair shop or dealership i
The "Gold Plus Coverage" in the green text is the one most comparable to the first plan I posted, but it's only for 2yrs/24k miles
PLEASE LOOK OVER THE FOLLOWING THREE QUOTES AS THEY ALL OFFER DIFFERENT COVERAGE OPTIONS...
Thank you for your request for a price quote on a warranty from Auto Advantage Inc. We have several warranty programs that may fit your needs. Included below are details for each of the programs we offer. They are all excellent choices for your vehicle. You will notice that one of the plans is basic Major Component type coverage(in blue) and one is Component Type Bumper-To-Bumper coverage(in green). The other is full Exclusionary Bumper-To-Bumper coverage(in black). Please look over all three plans and choose the one that works best for you. If you have any questions, or you would like to purchase a warranty, you can reach me directly at 800-933-9190, or via email at hm@autowarranties.com .
Hal J. Moses
President
Auto Advantage Inc.
[i]THIS PLAN IS THE BEST MAJOR COMPONENT COVERAGE AVAILABLE.
Warranty Offered By: Auto Advantage Inc.
Administered & Insured By: Warranty Administration Services
Underwriter's AM Best Rating: A/Excellent (Which means the highest level of financial security)
Vehicle Eligibility: YES, This vehicle qualifies
Auto Advantage Inc.
* Extended Warranties Direct to consumers, is our Business
* We Offer Premium New & Used Vehicle Warranties
* No Gimmicks, No Coupons and No Up Selling tactics ever!
* Due to our large volume we offer the lowest prices from the start, for the most comprehensive coverage available for your Vehicle.
* Our company is owned and staffed by warranty experts, not Salespeople or Telemarketers.
* We understand the three most important words "YES IT'S COVERED"
For more information CALL 1-800-933-9190 to find out more.
PLEASE PRINT THIS E-MAIL!!!
Thank you for your request for a price quote for an extended warranty. These prices are all for Component Coverage warranties.
See Policy Details at bottom of E-Mail for coverage details.
Reference # WASDC (07)
Driver's Choice Coverage
$0.00 Deductible
3 Year/Unlimited Additional Miles- $1,029.00
5 Year/150,000 Additional Miles- $1,099.00
7 Year/100,000 Additional Miles- $1,079.00
This warranty starts from the *current mileage and from the *date you purchase the policy...
(Example: If you purchase the 5 year/150,000 mile coverage on a 1993 vehicle with 98,500 miles you would get 5 additional years of coverage or until the vehicle reaches 248,500 miles.)
We accept Visa, Master card or Discover
This Plan Includes:
* Towing Service
* Rental
* Warranty Renewability
* Transferable to the next owner
* Engine Cooling Enhancement Additive Kits
* Exclusive Availability Of The No Claims Bonus Rebate Program
(If service contract expires and no claim have been made, 100% of the purchase price will be refunded)
Repairs can be done at any repair shop or dealership in the United States or Canada. Payment will be made to the repair facility by the warranty administrator's corporate Visa card account.
For further information please call me at 1-800-933-9190, or E-mail me at hm@autowarranties.com If you would like to see a sample brochure we can send you one in the mail. Thanks again for your interest. We hope we can be your warranty source both now and in the future.
“WHAT IS COVERED"
***Driver's Choice Coverage***
Engine and Water Pump: The following parts of gasoline and diesel engines: pistons, piston rings, piston pins, crankshaft and main bearings, connecting rods and rod bearings, camshaft and camshaft bearings, timing chain and timing gears, intake and exhaust valves, valve springs, oil pump, push rods, rocker arms, hydraulic lifters, rocker arm shafts and water pump. The engine block and cylinder heads are covered only if damaged by a part listed above.
Transmission: The following parts of manual or automatic transmissions: torque converter, oil pump, governor, bands, drums, planetaries, sun gear and shell, sprag(s), shaft(s), bearings, shift rail, forks, and synchronizers.
Drive Axle Assembly: Drive shaft, ring & pinion gears, pinion bearings, side carrier bearings, carrier assembly, axle & axle bearings, universal & CV joints except if boot is damaged or missing. Drive axle housing is covered if damaged by a broken listed covered part.
4X4 Transfer Case: Internally lubricated parts of the 4x4 transfer case.
Air Conditioner: Compressor, condenser, evaporator, orifice tube.
Electrical: Alternator, voltage regulator, power window motor, heater fan, starter motor. No other electrical components are covered by this program.
Seals & Gaskets: Seals and gaskets are replaced only as part of repair or replacement of the above covered components.
Car Rental & Towing: This program provides a total of $150 for car rental and a total of $100 for towing. Car rental & towing will be paid on valid, authorized claims only.
Labor & Diagnostic Charges: Are covered in conjunction with an authorized repair on above listed components.
Hal J. Moses
President
Auto Advantage Inc.
1-800-933-9190
[color=#008000][size=3]THIS PLAN IS THE BEST COMPONENT TYPE BUMPER-TO-BUMPER COVERAGE AVAILABLE.
Warranty Offered By: Auto Advantage Inc.
Underwriter's AM Best Rating: A+Superior (Which means the highest level of financial security)
Vehicle Eligibility: YES, This vehicle qualifies
Auto Advantage Inc.
* Extended Warranties Direct to consumers, is our Business
* We offer only Premium Vehicle warranties
* No Gimmicks, No Coupons and No Up Selling tactics ever!
* Due to our large volume we offer the LOWEST PRICES FROM THE START, for the most comprehensive Bumper to Bumper coverage available for your Vehicle.
* Our company is owned and staffed by warranty experts, not Salespeople or Telemarketers.
* We understand the three most important words "Yes It's Covered"
PLEASE PRINT THIS E MAIL!
Thank you for your request for a price quote for an extended warranty. These prices are all for Enhanced Component Coverage warranties. This is one of the most comprehensive Enhanced Component policies available. Coverage includes breakdown and failure due to NORMAL WEAR AND TEAR on all covered items. See Policy Details at bottom of E-Mail for coverage details.
Ref. # FFGPC6U0040625 (05)
Gold Plus Coverage
$100.00 Deductible
1 Year/12,000 Additional Miles- $2,101.00
1 Year/15,000 Additional Miles- $2,189.00
2 Year/24,000 Additional Miles- $2,562.00
2 Year/30,000 Additional Miles- $2,815.00
3 Year/36,000 Additional Miles- $3,409.00
3 Year/45,000 Additional Miles- $3,595.00
4 Year/40,000 Additional Miles- $3,590.00
4 Year/48,000 Additional Miles- $4,084.00
Lower deductibles are also available:
For $50.00 Deductible- Add $115.00
All warranties start from current mileage and from the current date.
[ul][*]Low Down Payment Financing Available!!! [/ul]
All Plans Include:
* Towing
* Rental
* Lockout Service
* 24 Hour Roadside Assistance
* Trip Interruption Assistance
* One Deductible Per Repair Visit
* All Warranties are Transferrable & Renewable.
Repairs can be done at any repair shop or dealership i
ORIGINAL: Fonzie
I got a quote of $2,500for a 3yr/45k additional miles (I have 33k now so it would be up to 78K miles)
I plan to keep this truck for about 2-3yrs with not more than 12k miles/yr
Here's what's covered: http://www.nationwideautowarranty.co...rotection.html -The quote I gotalso includes the Electrical High Tech Option.
Works out to about $0.70 - $1.00/mile depending on how long I keep/drive it.
I got a quote of $2,500for a 3yr/45k additional miles (I have 33k now so it would be up to 78K miles)
I plan to keep this truck for about 2-3yrs with not more than 12k miles/yr
Here's what's covered: http://www.nationwideautowarranty.co...rotection.html -The quote I gotalso includes the Electrical High Tech Option.
Works out to about $0.70 - $1.00/mile depending on how long I keep/drive it.
Personally, I think extended warranties are a waste of money... choose the car carefully and bank the $2,500 against mechanical breakdown in the next 3 years. If it doesn't need any 'emergency surgery' during that time, keep the cash and bank the next 3 years worth of warranty money (so now it's $5k+) against breakdown in the future. Either that, or sell it, buy another and keep on adding to the warranty pot. Before long you could build a brand new one with the cash you've saved.
Fair enough... if you're not mechanically minded or if you really really need the peace of mind - otherwise avoid.
Cheers,
ah haha, yes, pardon my fuzzy math...off by a couple decimal points there 
Thanks for your opinion. Normally I'd agree with you but these 03'Discovery's have a reputation for premature failureof the oil pump and head gasket failures are common to most years from what I've read on here, not to mention door lock actuators. A head gasket failure alone would more than justify the cost of the warranty.
I will most likely be selling this truck before I hit 60k...70k at the very most. The question is; what are my odds of making it to that kind of milage without any major failures? If it's 70% or less, I think I would opt for the warranty.

Thanks for your opinion. Normally I'd agree with you but these 03'Discovery's have a reputation for premature failureof the oil pump and head gasket failures are common to most years from what I've read on here, not to mention door lock actuators. A head gasket failure alone would more than justify the cost of the warranty.
I will most likely be selling this truck before I hit 60k...70k at the very most. The question is; what are my odds of making it to that kind of milage without any major failures? If it's 70% or less, I think I would opt for the warranty.
Just so you know where I'm coming from here: A couple or years backI bought a 2000Jeep Grand Cherokee w/97k miles with no warranty.Shortly after I bought it I noticed my oil pressure gauge dropping below minimum at idle. The dealer checked the gauge and replaced the sender unit...still low pressure. So then they replaced the oil pump, the old one was out of spec and so we thought we had solved the problem, but the new one didn't improve the pressure to normal, it was only slightly better. It was determined that the crank journal bearingshad already been damaged from running on the low pressure. So I ended up getting a new engine installed. After all told I was $5,000 poorer. I'd really hate to have to repeat that costly lesson.
But then again the milage was much higher to begin with. And I found the service records for my Disco in the glove box...the previous owner complied with the maintenance schedule to the letter! Every 6mo/7500mi. Most of the time the 6mo expired first, so It has been serviced up to the specs of the recommended37,500 service, even though it only has 33,000 on it. The next one isn't due till 45,000
But then again the milage was much higher to begin with. And I found the service records for my Disco in the glove box...the previous owner complied with the maintenance schedule to the letter! Every 6mo/7500mi. Most of the time the 6mo expired first, so It has been serviced up to the specs of the recommended37,500 service, even though it only has 33,000 on it. The next one isn't due till 45,000
I can't tell you clearly enough; IF YOU CAN EXTEND A WARRANTY, DO IT. In my case I was able to extend the factory warranty through land rover, which is the best bang for your buck. I also looked at the exact warranties you've posted which were pretty good. These trucks are great, but parts and labor are expensive. The more you can do yourself the better, and the more the warranty covers...even better yet. I bought by '04 is pristine mechanical and cosmetic condition and all services were up to date. In the past 8 months I've had replaced:
Door lock actuators
ABS module
Wheel sensor
Front drive shaft
Sunroof drains
The warranty has already paid for itself and I've got 25K and a little over 2 years to go. And the head gaskets and valve cover gaskets are original. Guess what's next?
[align=left] [/align]
Extended warrenty's are almost alwaysa bad deal. However, Land Rover would be the only vehicle I would have an extended warrenty for.
Save yourself a lot of grief and get the warrenty!
Save yourself a lot of grief and get the warrenty!
Don't do it I have had very bad experience with extended warranty companies. I had a transmission go out with only around 40k miles and the ext warranty would not cover it afterI had to pay a shop to take the transmission apart and they said it was something that wears over times etc etc. just gave me an excuse and I was stuck with twice the bill I would have had if I had just fixed it myself.
Unless you can extend the factory warranty, you are rolling the dice with an extended warranty company. Like bullit said, on most of these warranties you have to PAY yourself to PROVE that you were not negligent, thus resulting in the fault. Even if they pay for the repair, you usually get stuck with the bill to prove it. Extended warranties seem to be a sham to me.
Also, did you read the fine print? 2500 dollars, no claims, you get a refund. So, if you make a claim, and it is rejected, you are still out your 2500 dollars. Take that money, put it in a CD, or a mutual fund. Your rate of return is better and unless you blow up your engine you're good.
Also, did you read the fine print? 2500 dollars, no claims, you get a refund. So, if you make a claim, and it is rejected, you are still out your 2500 dollars. Take that money, put it in a CD, or a mutual fund. Your rate of return is better and unless you blow up your engine you're good.
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