Poll - Do you purchase xtended warranty on your new Subaru?

[njchen24]

Greetings:

 

I am wondering if anyone had purchased an extended warranty for your new Subaru car, especially for Turbo ones like 2005 WRX or 2005 Legacy 2.5GT. If so, does it worth it? I had an offer of

 

- $500 4Y (factory 3Y/36K + 1Y xtra) 60,000 miles

- $1000 5Y (factory 3Y/36K + 2Y xtra) 70,000

- $1300 6Y (factory 3Y/36K + 3Y xtra) 80,000

- $1500 7Y (factory 3Y/36K + 4Y xtra) 100,000

 

for 2.5GT 5A with $100 deductible.

 

Personally I think this is a rip off for normal car like Camry, Accord, Altima etc.; however, I don't know if there is any difference for performance engine with Turbo. Is Turbo easily broke? Does it require special care to make it last long? What is the life time of a turbo given a mix driving city and highway?

 

Any additional comments and insight thoughts would be greatly appreciated.

[gbrand]

They are never designed to be a good deal ON THE AVERAGE. My cars have all been boughtused so have no personal experience. And some warrenty companies have very bad reputations for actually paying claims. If you decide to consider one, read paperwork and check out warrenty company VERY carefully

[nipper]

Depends upon the car and how long I was planning on keeping it. With some ext warrenties you have untill the warrenty is up to buy one. If it was a gm ford or chrysler-benz yes. Others no, unless they proved to be problematic. I would buy one if the car had alot of gizmos on it, only after i was sure the gizmos were covered.

 

nipper

[swc7916]

Extended warantees are big moneymakers for dealer, that's why they push them so hard. I've never bought one.

[1 Lucky Texan]

In general, extended warranties are calculated to yield 50% profit. It is a very expensive type of insurance, and most folks would do better just putting the xtra money in the bank to help with future expenditures. BUT, if you muct shop for an EW, try to only get the manufacturer's warranty - less likley to be out of business when you need it and probably accepted at all dealerships. Some 3rd party warranties will not be universally accepted.

 

One possible exception, in some States (Texas for instance) Geico offers an EW that is 100K miles with no time limit. This could be attractive for people who put very few miles on their cars - you could have warranty coverage for 8 years if that's how long it takes you to get to 100K miles. It also allows you to choose your mechanic (IIRC).

 

The better warranties will list exactly what is not covered - then there is no question. If the wastegate is bad, and wastegate is not listed - it's covered.

 

Carl

[elwood91]

Is it the factory extended warranty? I wouldn't consider dealers package unless it's from the factory.

 

I don't think the turbo is covered under their extended warranties? Make sure to check if that is the reason you are considering it.