Need advice on extended warranty!!!

Discussion in 'General Discussion' started by Brad Jones, Oct 24, 2008.

  1. Brad Jones

    Brad Jones New Member

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    My three years is up November 4th. In order to continue my factory warranty until November 4th 2011 (3 years) or 60,000 miles (currently 27,500) would cost me $2226.00, through Dodge, no deductibles, etc., just an extension of the warranty already on the car.

    I know that modded items arent covered but I am thinking things like electric seats, NAV, interior, etc. I am also concerned about the possible sale of Dodge from Cerberus to GM. I realize parts will still need to be available for our cars through federal mandate but I am wondering just how much those parts are going to increase when they more than likely would NOT be building anymore of our cars. I am thinking one crapped out NAV reciever alone might cover 50% to 75% of the $2226.00.

    What do you all think? Roll with no extended warranty and take it as it comes, or try and hedge the bet?? Opinions, gut feelings would be appreciated.

    Thanks!!

    P.S. I forgot to mention that this warranty would be paid for corporately as this car is owned by my company so I would not be making payments, etc. Also, as I am in the 37% tax bracket, this would be money spent before I pay federal income tax on it, essentially making the $2226.00 really about the equivalent of $1402.00 personal after tax dollars.
     
    Last edited: Oct 24, 2008
  2. Cam

    Cam Management up n smoke

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    It's worth it, if only for the Nav system.
     
  3. loxmith

    loxmith Recovering Post Whore...

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    Not sure if it helps, being that this is a corp thing, but I would check with your insurance company first. From my experience, you can purchase the same or better warranty at a much cheaper cost. The insurance warranty does have to be purchased BEFORE the factory one runs out though.

    Example: I had an Dodge Dakota, the dealer wanted to sell me an extended warranty w/ $100 deductable for around $2000, I got a $0 decuctable from my insurance company for $1200. The Dodge warranty would have been to 70k miles, the insurance one went to 100k...just my .02.
     
    Last edited: Oct 24, 2008
  4. Quick

    Quick Mgmt. - I can't help you

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    You got to read all the fine print. Chrysler has about 3 levels of the warranty and deductibles and what is covered. I think only the top level one covers trim items. Stuff like the Nav should be covered under all of them. For $1,400 buy it.

    I went and checked. I paid $1,700 for mine when I bought the car in 2006. I think it was 5yr 75K? One thing it gets you is a rental car (which the original factory warranty doesn't cover)
     
    Last edited: Oct 24, 2008
  5. ALABAMA MSRT8

    ALABAMA MSRT8 Full Access Member

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    1 went with the 5yr 75k and the extended warranty came with GAP insurance.
     
  6. LegMaker

    LegMaker LMI - LegMakerIntakes

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    brad - i would do it considering your situation. my only issue would be making sure you have a decent relationship with your current dealer. i know some can be real pricks when it comes to mods. considering you have mods, and are looking at a twins screw sc, i would say make nice with your dealer!!! lol
     
  7. Quick

    Quick Mgmt. - I can't help you

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    oh... good point there.