I'll have to disagree with #4. Engines and transmissions have, generally, become more reliable...however, with the introduction of technology (my 99 Maxima had 3 computers in the car, my 2011 M has like 14), cars can be just as unreliable today.silberma wrote:Here is why I think an extended warrantee in your case may not makes sense:
1. The car has a high reliability rating to start with. I would not buy a car with low reliability.
2. Your low mileage will reduce your maintenance costs
3. Your repair cost would not be so high. if this was a BMW or Mercedes it would be a different story.
4. Extended car warranties are there to make money for those selling them, not to save you money. Cars have become more reliable as time goes along.
In the final analysis it is what gives you peace of mind.
Hmmm. A little argumentative, not quite knowing what I'm basing this on, eh?silberma wrote:Many of the items expressed here are opinions and not facts. If you would bother to investigate car reliability over the years you would find that reliability on the average has in fact improved vastly over the years.
silberma wrote:Car shoppers today are less likely to end up with a lemon.
Nope.silberma wrote:In the past five years, global competition has forced automakers to improve the quality and reliability of their vehicles -- everything from inexpensive mini-cars to decked-out luxury SUVs.
Staying on the road longer does not equal more reliable. It just means that the frame or body didn't rust to crap and force the owner to junk it. Some owners, like my dad, will keep a car running as long as he can (he has a 2002 Subaru Legacy that I wouldn't drive unless it was the last car in the world that he keeps fixing - lately he's been cutting out the rust and rewelding sheet metal to it and spray painting it a similar color lol). He also has a 1992 Chevy K1500 that he rebuilt the tranny on as well as put in a lower mileage motor into after blowing his original one snow plowing (stuck in a bank, revved it too much at 280kmi). They need to look at cost of ownership between a 2000 model and a 2010 model, for example, to see the trend. Age of cars on the road means very little.silberma wrote:If you still doubt that cars are becoming more reliable read this article from USA today.
"Improvements in vehicle quality have made cars more reliable, so consumers are less likely to scrap their vehicles when they buy new ones.
The average age of vehicles on the road in the U.S. is rising, even as consumers snap up more new ones — a paradox attributable to substantial increases in reliability.
The typical car on the road in the U.S. is a record-high 11.5 years old, according to a new IHS Automotive survey.
"Vehicles are simply lasting longer than ever before," Mark Seng, global aftermarket practice leader at IHS Automotive, told USA TODAY. "The consumer is hanging onto their vehicle longer than ever before."
Automakers have substantially improved the reliability of their vehicles. Although it's still possible to buy a "lemon," it's getting increasingly difficult.
Analysts say that most of the major automakers have overcome major quality issues. Now, industry surveys such as the J.D. Power and Associates Initial Quality Study typically highlight minor quality issues such as ease-of-use of infotainment systems.
The number of vehicles on the road that are at least 25 years old is about 14 million. That's up from about 8 million in 2002. Those are vehicles made in 1990 or earlier.
Meanwhile, the number of vehicles that are 16 to 24 years old is 44 million. That's up from 26 million in 2002, according to IHS.
"There’s quite a bit of evidence of these vehicles lasting longer, staying on the road longer, people hanging on to them longer," Seng said.
IHS projected that the number of vehicles that are older than 12 years will rise by 15% over the next five years.
There are about 120 million vehicles on the road that are 6 to 14 years old."
You may want to clarify what you mean by 'Infiniti' warranty. I believe you are referring to certified pre own warranty extension as opposed to the Infiniti extended elite plan, which does cover all electronics.Larz wrote:It's important also to consider what is NOT covered by the extended warranty. For instance, Infiniti does NOT cover the entertainment system, navigation system, communication system, or AFS system. Just by blind luck I purchased my Infiniti from CarMax and their high-end warranty covers all of these, but also costs a bit more than the Infiniti warranty. I believe I paid just over $2000 for my 2009 M35 with about 24k miles. I have yet to use it. I also had that same warranty (same price) on my 07 M35 which ran up to about 100k miles only using the warranty to replace the starter, cables and inline fuses, and battery that were also ruined by the failed starter (less than $1,000). Clearly, these companies would not even offer warranties if they had frequent pay-outs, lest they would lose money on them. That alone should tell us all that for every person who uses the warranty, there are plenty more who never used theirs. As I said before, if you look at these from a "dollars paid Vs dollars recovered" criteria, they are not a great deal. However, you will get the peace of mind that comes from knowing that when a repair bill comes up, it will not affect your wallet. If you keep your car for 6 years, you are paying $25 to $35 per month for that peace of mind. Everyone has their own way of placing a value on piece of mind.
This is the reason why I buy my cars after lease-turn in .JCesar wrote:If you want the best bang for your buck then look for a 2012-2013 from Infiniti Dealer that is that still has the Manufacturer Warranty and also the Infiniti Certified Warranty.
two warranties included at no extra cost
You can buy the Elite warranty long after the fact, and from any Infiniti dealer. Many people on the M35/45 forum actually purchased their warranty (me included) from either Circle Infiniti or Scottsdale Infiniti. See the FAQ link in my signature and in there you'll see the warranty discussion. I'm not sure who has the best price now.lKoRTy wrote:So if I were to buy a 2012 with ~50k miles, I can just go to nearest Infiniti dealer to purchase Elite warranty? Or does the car need to be purchased through an Infiniti dealer in order to be eligible for the extended warranty?
Again, you can NOT measure an extended warranty in terms of dollars paid Vs dollars paid out. And, of course, insurance companies make money on what they sell. Anyone who sells anything is selling it because they make a profit - the grocer, the gas station, the company who employs you - they all make money. This is not a new idea. We aren't talking about buying a warranty on a $50 toaster oven that can replaced with another $50 when it finally craps out. This is $60-$70k dollar vehicle made from thousands of parts that are extremely expensive to replace. I just did a couple minute long squinz at some repairs posted on this forum:mazz wrote:we should insure only things we can not afford to replace..........example health , liability etc. If a hundred people write in and tell about how it paid off for them ,they they are just examples, there is math to this and Insurance companies are doing the math. I would not questions anybodies need for any insurance they purchase, but if you continually purchase insurance for products you can afford to replace you are playing with a financially losing hands. If it lets you sleep at night ,if it makes you "feel" better , if your sex life improves ,I can not quantify the value of those things but i can tell you warranties are written to limit liabilities and insurance policies are written to make money.
Mazz