Extended Warranty - Do u use them?
#1
#2
#3
#4
Pays for itself after a couple of repairs.Great piece of mind.
#6
Our latest started at 39000 miles and runs for three years or 40000 with a $100 deductable.
If I waited until the car had gone out of factory warranty it would have cost more with less coverage.
We paid $2200.00
#7
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#8
Though in reality it cost you $100 plus the cost of the warranty. I use the cost of the warranty as a basis of how much money I should put into my 'warranty account'. I have self warranted that way for 15 years now and I have always had enough to cover repairs and servicing and tax and insurance. My warranty also pays out immediately with no conditions.
#9
Though in reality it cost you $100 plus the cost of the warranty. I use the cost of the warranty as a basis of how much money I should put into my 'warranty account'. I have self warranted that way for 15 years now and I have always had enough to cover repairs and servicing and tax and insurance. My warranty also pays out immediately with no conditions.
Most people are not as diligent.
I look at is as insurance. I hate paying for it but I will not go without it.
Life,Auto,Home,Medical, they eat up allot of our money but most won't risk life without it.
My 01 Stype 3.0 covered the cost with one replacement of a control arm the rest was then free.Many visits for free I must add.Also lets me carry on going to the dealer with genuine parts and service, my preference.
Also forgot to mention..compared to the purchase price of my Jag the EW is a spit in the bucket.
#10
After reading this thread I decided to look into getting the Easy Care warranty. what A Joke! I called 4 times and never did get to talk to a "Warranty specialist". you will talk to people who will collect all your personal information then they require you to let a" warranty specialist" call you back. when I refused to give them a number to call me at work, they said the specialist could not call me back. what A SCAM to get your personal info.
#11
I'll only get manufacturer warranties...i have Select Edition on both of my Jags. The convertible is going to be up in a year so the dealer is going to re-extend that for another 2 yrs 100,000 miles for $2500. I agree about hate paying it, but look at it as a necessity with an expensive car. On a toyota or cheap GM car i wouldn't bother. The warranty on my GM Northstar saved my ***...the replacement engine cost almost as much as the car's value and they warrantied it
#12
Self-insured only! I do all my own maintainence and keep an emergency fund for the unexpected. Delta makes a great point of using the extended warranty company costs as a guide for how much to keep in reserve. The best investment you can make is meticulous , regular maintenance. My S-type is 11 years old and still running like champ. My 2 cents
VMV
VMV
Last edited by VMV; 02-09-2011 at 10:22 PM. Reason: add'l comment
#13
Same as VMV. Routine and meticulous self-maintenance, with a maintenance money market account to draw from as required. I have always stayed well ahead of the game from a financial perspective using this strategy with all of our vehicles. Ride the factory warranty like a racehorse before it expires and get your vehicle in tip-top shape right before the warranty ends. You put yourself in the best position for minimizing your ongoing repair costs when you do that. Always works for me....
#14
After reading this thread I decided to look into getting the Easy Care warranty. what A Joke! I called 4 times and never did get to talk to a "Warranty specialist". you will talk to people who will collect all your personal information then they require you to let a" warranty specialist" call you back. when I refused to give them a number to call me at work, they said the specialist could not call me back. what A SCAM to get your personal info.
Have used them to cover both my Jags and always purchased it through my Jag dealer. The only info they have on me is my address and my car.
The dealer has always taken care of dealing with them.
My $100.00 deductable covers MOST of the repairs.
It has paid for itself many times over.
I would suggest speaking to your dealer and see what they recommend
#15
When I called Easy Care about ny warranty, I talked to a pleasant human who gave me the info I needed. I had to use it several weeks ago and the Jag dealer took care of everything. I just paid the deductible and almost everything else was covered. The only exceptions were a car rental upgrade to a new XF and the battery replacement.
#16
All I have to say is Thank god i bought my select edition warranty... I used it for both headlights($800/side) ((most people didnt get that covered, mine were for some reason)), The dreaded torque converter($3000.00), 3 coil packs($ uunknown) and the most expensive repair.....GPS unit (with a grand total on that bill of $4,120.00). unfortunately my warranty ran out on Nov. 16 2010 and my car is sitting at a local repair shop waiting on a super charger. This is not a car to gamble on.
#17
I agree with you
All I have to say is Thank god i bought my select edition warranty... I used it for both headlights($800/side) ((most people didnt get that covered, mine were for some reason)), The dreaded torque converter($3000.00), 3 coil packs($ uunknown) and the most expensive repair.....GPS unit (with a grand total on that bill of $4,120.00). unfortunately my warranty ran out on Nov. 16 2010 and my car is sitting at a local repair shop waiting on a super charger. This is not a car to gamble on.
Regards:
Oldengineer
#18
Seems like some of the pricing thrown around this thread are full dealer prices for both parts and labor. Shopping around for parts and having a good local mechanic can shave 50% or more on these prices. I have never gotten extended warranties on anything, and knock on wood I've never needed one. With all off the money I've saved over the years I can afford to pay for some random catastrophic repair.
#19
I just bought my 2003 XKR and it came with a Warranty Solutions warranty that the previous owner bought for $2,400. It cost me $75 to transfer the warranty to my name. The warranty was for 30 months or 36,000 miles. When I got back home I took the car in for a quick check at my local Jaguar dealer and they found about several items that needed repair. The total cost labor/parts came up to around $8,000. There is a $200 deductible on the policy. About 95% of the items that need repaired are covered. The main reason I bought this car was due to the extended warranty. The car looked and drove without any problems except the airbag lite error code 2-2 when I bought it. I plan to renew this warranty or shop for a new one when the current warranty expires in May. My advise is to buy a warranty, although the last owner of the car did not need to use it while he owned the car, it helped him sell it to me.
wcnesta
wcnesta
#20
A vote against warrantees
If you have the means to pay for your own repairs, I think there are some other advantages worth mentioning.
When you are under warrantee, the insurance company has an incentive to fix the problem as cheaply as possible rather than the correct way. The result is a lot more visits to the mechanic as compared to non-warrantee work. In addition, the insurer will usually direct you to a high-volume repair shop that requires that you leave your car for several days.
On the other hand, when you select your own mechanic, he wants to earn your repeat business, especially if you pay for your own repairs (less hassle for him). This means that repairs are usually performed while you wait and performed right the first time.
Of course, for this to work out, you need a reserve fund to pay for repairs, and you need a mechanic you trust. You should also learn to perform minor repairs yourself. It also helps to buy a car that is reasonably reliable. I think that S-Types, 2005 and newer, fit this description.
When you are under warrantee, the insurance company has an incentive to fix the problem as cheaply as possible rather than the correct way. The result is a lot more visits to the mechanic as compared to non-warrantee work. In addition, the insurer will usually direct you to a high-volume repair shop that requires that you leave your car for several days.
On the other hand, when you select your own mechanic, he wants to earn your repeat business, especially if you pay for your own repairs (less hassle for him). This means that repairs are usually performed while you wait and performed right the first time.
Of course, for this to work out, you need a reserve fund to pay for repairs, and you need a mechanic you trust. You should also learn to perform minor repairs yourself. It also helps to buy a car that is reasonably reliable. I think that S-Types, 2005 and newer, fit this description.