Extended Warranty

[kboy79]

Hey guys,

I drive about 20k miles per year on our G35, 2007. I'm about to hit the 60K miles mark in couple of months. Now that I think about it, I have no idea how we put up that many miles on the car. I plan to keep the car till it gives out on me. Hopefully, not anytime soon. I haven't taken the car into the shop for anything major. Little stuff here and there. Having said that, should I get the extended warranty?

Looking fw to your thoughts and suggestions...

[SVTCOBRA]

Well, before my local Infiniti dealer had my 05 Sedan for almost 1 month as they tried 3 times to fix the engine, I would say 'No'. This was after a visit to fix the faulty chain tensioner.

I bought an extended warranty (3yr) on my 04 coupe when I bought it used with 44K miles on it.
It has since been in for an AC compressor replacement and drivers seat motor/assembly replacement last summer. This summer, the AC was still not cooling as it should, so I took it back and it needed some more work. Also, the window had to be adjusted.

So, based on my experiences with those two Infiniti's I will be shopping for an extended warranty on the 08 (40K miles now) when I get closer to the end of the bumper to bumper. I'll be getting some prices from both NISSAN and Infiniti, but will most likely buy it from my local NISSAN dealer. This is who I purchased my 04 Coupe extended warranty from and they have been GREAT to work with!!!! Modern Nissan of Lake Norman!
They also gave me 'special' pricing on my extended warranty that could not be beat or matched by internet folks!!

So, hope that thelps. You have to remember that my 'bullet proof' Infiniti engine failed me twice!!! AND, I had it from birth and feed it new Syn oil every 3k miles.......

[kboy79]

I didn't even think abt Nissan's program. Do you have a contact email?

[telcoman]

Hey guys,

I drive about 20k miles per year on our G35, 2007. I'm about to hit the 60K miles mark in couple of months. Now that I think about it, I have no idea how we put up that many miles on the car. I plan to keep the car till it gives out on me. Hopefully, not anytime soon. I haven't taken the car into the shop for anything major. Little stuff here and there. Having said that, should I get the extended warranty?

Looking fw to your thoughts and suggestions...

I'll vote no.
I am always opposed to extended warranties but beacuse of the 2k miles a month I put on my G I decided to take it when I had my original tires replaced at 47k miles. It does cover items not covered under the original warranty.I paid it off monthly for a year with no finance charge but they probably just built that into the price
For coverage to 96k miles it cost me $1950. I know, I know don't rub it in,
I only had to use it once for replacement of the clutch slave cylinder at 92k miles.
Had I not had the warranty it would have cost me $4-500 dollars.
Take whatever amount they want for the warranty and put it in a separate bank account.

Won't get fooled again

Telcoman

[SVTCOBRA]

PM sent

[kboy79]

Hey guys,

I drive about 20k miles per year on our G35, 2007. I'm about to hit the 60K miles mark in couple of months. Now that I think about it, I have no idea how we put up that many miles on the car. I plan to keep the car till it gives out on me. Hopefully, not anytime soon. I haven't taken the car into the shop for anything major. Little stuff here and there. Having said that, should I get the extended warranty?

Looking fw to your thoughts and suggestions...

I'll vote no.
I am always opposed to extended warranties but beacuse of the 2k miles a month I put on my G I decided to take it when I had my original tires replaced at 47k miles. It does cover items not covered under the original warranty.I paid it off monthly for a year with no finance charge but they probably just built that into the price
For coverage to 96k miles it cost me $1950. I know, I know don't rub it in,
I only had to use it once for replacement of the clutch slave cylinder at 92k miles.
Had I not had the warranty it would have cost me $4-500 dollars.
Take whatever amount they want for the warranty and put it in a separate bank account.

Won't get fooled again

Telcoman

I was thinking the samething, but I guess peace of mind...ya know? I was also thinking abt what happends if the engine fails or something major. But isin't one of the reasons that we buy cars like Infiniti is that we don't have to worry about the major issues that you would expect from other "lesser" brands?

I'm so confused..argh.

[kboy79]

PM sent

Thx...

[Kendahl]

Even if it is priced fairly, an extended warranty won't help you after it expires. If you plan to keep the car long past that point, I think you will be better off putting the price of the warranty into a savings account with the highest possible interest rate.

When I took delivery of my car, the dealer suggested an extended warranty out to 7 years and 100k miles. I was tempted to be a wiseass and ask for one with bumper to bumper coverage for 30 years or 300k miles.

[telcoman]

When I took delivery of my car, the dealer suggested an extended warranty out to 7 years and 100k miles. I was tempted to be a wiseass and ask for one with bumper to bumper coverage for 30 years or 300k miles.

I like the way you think

I have to remember that when I purchase my next G

Telcoman

[Tim30250]

Even if it is priced fairly, an extended warranty won't help you after it expires. If you plan to keep the car long past that point, I think you will be better off putting the price of the warranty into a savings account with the highest possible interest rate.

I agree, although a "high interest" savings account is earning about 1% these days which is likely to not even keep pace with inflation which essentially erodes the buying power of that cash in the future.

That notwithstanding, extended warranties are generally a bad deal when purchased on, really, anything. Essentially it's just an insurance policy, and insurance companies stay in business by taking in more premiums than they pay out in claims, simple as that. So while any extended warranty will give you piece of mind and protect you from catastrophic loss, the statistical odds are against you that will ever claim more money for repairs than you paid for the insurance policy/extended warranty.

Here are some examples of things off the top of my head I've been offered extended warranties on and didn't purchase... and wouldn't have needed as nothing went wrong before I decided to sell or replace each item.

2002 - old school giant projection TV $400
2002 - vacuum cleaner $30
2003 - desktop computer $225
2004 - laptop computer $200
2005 - new car $1000
2006 - flat panel TV $250
2006 - bigger better vacuum cleaner $60
2007 - another laptop computer $150
2007 - water softener $200
2007 - lawnmower $100
2007 - gas grill $50

...and that's just what I can recall. over $2500 that would have been pissed away if I was fearful that I might have to pay for a repair on an item that is unlikely to break.

[SVTCOBRA]

LOL!! You are SO right!!! They are offering extended warranties on EVERYTHING these days!!!!
Bought a new fishing rod/reel combo on sale at d!ck's Sporting Goods the other day for $39 and they tried to sell me a warranty for $4 !!! And, you are also right, the price of an insurance policy must be weighed against the risk involved.
Just like life insurance, imho you need to carry more while you have children in the house, once they are gone you can adjust down.....and spend more on mods!!

[telcoman]

LOL!! You are SO right!!! They are offering extended warranties on EVERYTHING these days!!!!
gone you can adjust down.....and spend more on mods!!

or 401k