Extended warranty advise
Extended warranty advise
Can anyone recommend a good extended service plan for me to purchase? I have a 1999 Q45 with a 119,000 miles. Most companies will only sell one for cars with less than 100,000 miles but i know there are still a few left that will provide one for up to 120K. My Q has not moved in 3 months because i want to purchase an extended warranty before i go over the 120K mark. P.S. I purchased a warranty for my LX450 from Consumers Choice and i was sent a notice 3 months later that they filed for Bankruptcy. I need your advise to prevent this from happening again. Thanks:
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Q45tech
- Moderator
- Posts: 14296
- Joined: Tue Apr 30, 2002 3:19 am
- Car: 1990 Q45 342,400 miles 22 years ownership with original engine
1995 G20t 5 speed 334,000 miles 16" 2002 wheels - 205/50/16 Sr20ve vvl
No smart LEGIT business would offer an extended contract {GET THAT THOUGHT OUT OF YOUR HEAD, NOW!}
beyond 100k as that is the design life of vehicles.However,To meet this many things have to be designed to last longer!
Not to say we haven't seen many 97-98 Q go 200,000 miles with excellant maintenace [even 250,000 miles].
Not for any measely $1500 [will anyone sell you a policy] when the risks are up to 4 times that amount and the probablities are at least half that $3,000 might be required tommorrow.
In the next 80,000 miles, it is highly unlikely that you will spend more than $6,000 in repairs plus an equal amount in maintenance.
The state of Texas average 9 cents across their entire fleet [with many economy cars].
15 cents per mile [assuming that everything is working now] and the vehicle was maintained to dealers severe driving standards previously] is the upper limit.
Because of the high mileage the private resale is down to $12-$14k.............roughly what you will spend over the next 80,000 miles.
But then again high highway mileage is good as there are fewer shifts per mile and fewer cranks per day.
beyond 100k as that is the design life of vehicles.However,To meet this many things have to be designed to last longer!
Not to say we haven't seen many 97-98 Q go 200,000 miles with excellant maintenace [even 250,000 miles].
Not for any measely $1500 [will anyone sell you a policy] when the risks are up to 4 times that amount and the probablities are at least half that $3,000 might be required tommorrow.
In the next 80,000 miles, it is highly unlikely that you will spend more than $6,000 in repairs plus an equal amount in maintenance.
The state of Texas average 9 cents across their entire fleet [with many economy cars].
15 cents per mile [assuming that everything is working now] and the vehicle was maintained to dealers severe driving standards previously] is the upper limit.
Because of the high mileage the private resale is down to $12-$14k.............roughly what you will spend over the next 80,000 miles.
But then again high highway mileage is good as there are fewer shifts per mile and fewer cranks per day.