GM factory extended warranty?

[Crackerzot]

Originally Posted by AVControlFreak

Thank you for your insight! I was on the fence when I read your post. I won't be buying any extended warranty now. Reality is I've really never heard of anyone really enjoying the purported benefits of the extended warranty.

Caveat Emptor. Yes sir!

DCB

The key phrase is "aftermarket" warranty, versus "factory warranty". I have saved thousands of $$ with the GMPP warranty. I assumed the policy for $50 from the previous owner of my Corvette when I bought it with 50,000 miles on it and it had a zero deductible. If it weren't for that warranty, I would have had to shell out for:

2 brand new rear rims
turn signal/emergency flasher module
water pump seal
DIC control module
Driver seat track replacement

and several other items I can't think of at the moment.

I thought long and hard about renewing it for another 36 mos/24k mi when the time came, but wound up buying the renewal. I don't know what the dealer would normally charge to replace the entire instrument cluster (my guess would be LOTS), but that's already been covered by the new GMPP policy. I was ineligible to get another zero deuctible policy on my GMPP renewal, but my dealership pays my $100 deductible if I have the car repaired there, so the net cost is still zero for any covered warranty repairs. I guess it depends on the car, maybe, but for me, the GMPP has turned out to be a good deal. I will be buying another policy on the CTS.

[Southern]

Not exactly a ringing endorsement for Corvettes......... I can only hope my foray into a GM car doesn't end that way.
I sometimes buy extended warranties. Always from the dealer. Always after a difficult negotiating session.

[Crackerzot]

The Corvette is the best car I've ever owned to date. And it's the first GM car I've owned and what inspired me to buy another. They're sports cars, built to be driven hard. With the exception of the flasher module, which tends to go bad on the C5's, the other stuff was incidental. Well, the hairline cracks in the rear rim spokes are arguable on that point. When a light bulb burns out in a module, they don't replace the light bulb. The replace the whole module, which to my way of thinking borders on insane. No wonder GM is bleeding red ink. The DIC control module and instrument cluster were both replaced because of burned bulbs. But they were covered under the warranty, so what the heck.

[chjw]

Originally Posted by Southern

Not exactly a ringing endorsement for Corvettes......... I can only hope my foray into a GM car doesn't end that way.
I sometimes buy extended warranties. Always from the dealer. Always after a difficult negotiating session.

My 03 Z06 went in for warranty only for leaking rear diff seal. It is a common problem. Loved that car. My 07 Z06, purchased in Aug 06, hasn't had an issue at 9000 miles, except I can't figure out why I'm on my second set of rear tires. It is clearly the best car I've ever owned. Zero complaints except the mystery of the disappearing rear tire rubber. Do you suppose the Corsa exhaust and Halltech intake contribute to the problem or is it all driver induced and not covered by warranty?
On a side note, the only warranty work on our 2000 S4 Audi has been the mass air flow sensor. Otherwise, the miles are trouble free. Been lucky I guess. Regular maintenance doesn't hurt either.

[Zymurgy]

Originally Posted by Southern

Not exactly a ringing endorsement for Corvettes......... I can only hope my foray into a GM car doesn't end that way.

You can hear horror stories about any make or model.

I've owned two Corvettes over the past 10 years. The first was a '98 C5 that I had for 8 years. Absolutely zero problems. My current Corvette is a '06 C6 that I've had for 2 years now. Only problem on this one is the recall on the roof (they tried making the removable roof of a lighter composite material and hand problems with the glue bond to the roof frame. They switched back to the same material as the C5 and have had no further problems.)

Originally Posted by Southern

I sometimes buy extended warranties. Always from the dealer. Always after a difficult negotiating session.

I'd suggest that you not buy the extended warranty at the time you purchase the car. Whatever miles/years you purchase start at the time you buy the extended warranty (they are not added to the end of the existing factory warranty). Instead, purchase it shortly before you reach the lesser of 12 months or 12,000 miles. GMPP prices increase after these points. By delaying, you gain the 12 months/12,000 miles. Further, shop around. Prices on GMPP vary greatly and you can frequently get a better deal from dealers that "specialize" is selling GMPPs.