Aftermarket Car Warranties Stories

[XS650]

Originally Posted By: MrCritical
Aftermarket warranties are a big risk and they go out of business daily.

Dealers sell them because there is a higher profit margin on them that the one the manufacturer offers.

Agreed that you can probably put the money away you would have spent on the warranty for repairs, but no one will do it. And who's gonna put back $12k for a Porsche engine or $20 grand for a tranny in a Nissan GT-R?


Also be aware that the factory extended warranty price is negotiable. Go online and shop around. I got factory Chevy and Acura extended warranties for about 60% of the local dealer price.

 

[Audi Junkie]

My teen cousin had a car lot warranty on his Ranger. It blew a trans and he got it repaired. The rebuilt trans lasted like 5001 miles, the builer warranty being 5000 miles. He got it fixed again, plus a whole new front-end. He is a very persistant.

Bottom line is that we made it into a joke. You know how insurance policies and warranties always have the "not valid in the following states" disclaimer? We say,"not valid in the following states... or for Anthony G".