Option to buy a new car WITHOUT WARRANTY (save $$)

Joined
Jul 7, 2008
Messages
286
Location
nyc
When you buy a new car, you pay an insurance fee--the car's warranty. It's not an option, it's not a separate bill but maybe it *SHOULD* be. There are folks who are good with cars and would rather fix their own cars than to bring it in for warranty service. What do you think about this idea? I would've liked to have had that option.
 
Joined
Jun 3, 2005
Messages
16,122
Location
Santa Barbara, CA
i would do that for a car i planned on getting as a track car, but you can already do that with Ford. you can buy turn key race cars, or else a Body in White mustang with a cage installed already.
 
Joined
Apr 28, 2007
Messages
2,789
Location
California, USA
Interesting idea, but definitely a gamble. It would really suck to do that and then be bitten by a manufacturing defect that causes a part to fail early, especially if it was something in the engine or transmission.
 
Joined
Jun 3, 2005
Messages
16,122
Location
Santa Barbara, CA
ya, if you have warranty work done, go ask the parts dept how much it would have cost if you paid for it. ive had people almost faint when i tell them prices for some parts.
 
Joined
Jan 12, 2005
Messages
4,353
Location
FL
I would imagine that if auto makers were off the hook for fixing problems on their cars then they would use cheaper parts and materials that may fail faster.
 
Joined
Nov 15, 2004
Messages
606
Location
essex ontario
I dont know maybe a 120 day drivetain warranty.Big buck stuff like engine /tranny happened soon. We used to get stuff back (engines) from dealers that didnt even make it off the truck,in fact most engine returns had less than a hundred miles on them. Things like con-rod nuts missing,bores honed off center(can you say ring ring)oil passages not drilled thru.......
 
Joined
May 26, 2003
Messages
9,826
Location
Central Coast, Calif.
Nope. If you look at the reliability curve of machines it typically looks like a bathtub. The most failures happen at the beginning and end of its life. The warranty is to cover manufacturing defects.
 
Joined
Aug 30, 2004
Messages
24,746
Location
CA
No way. Statistically, most warranty claims occur within the first 12 to 18 months of ownership, according to a Tenneco engineer.
 
Joined
Oct 22, 2008
Messages
1,048
Location
Sunny Calif
 Originally Posted By: asiancivicmaniac
I would imagine that if auto makers were off the hook for fixing problems on their cars then they would use cheaper parts and materials that may fail faster.
They wouldn't opt for cheaper parts during assembly because many people would still purchase the warranty. Besides, reputation is important to them. Hondas only come with 3/36 warranties, do you think Hondas are made to fail quickly? I like the idea of paid warranties. It's like when you buy a used car, you have an option of purchasing something beyond their 3-month coverage. There's no reason they couldn't do the same for new cars
 
Joined
May 26, 2003
Messages
9,826
Location
Central Coast, Calif.
 Originally Posted By: The Critic
No way. Statistically, most warranty claims occur within the first 12 to 18 months of ownership, according to a Tenneco engineer.
That's essentially what I just said (typed?).
 
Joined
Feb 14, 2008
Messages
2,098
Location
The Rocky Mountains
 Originally Posted By: tom slick
Nope. If you look at the reliability curve of machines it typically looks like a bathtub. The most failures happen at the beginning and end of its life. The warranty is to cover manufacturing defects.
Absolutely and especially true with electrical components. It would be an absolutely stellar tool to be able to see the FIT curves for a car make/model before you bought it! All we have to work with as consumers is word of mouth praise/complaints and various consumer reporting tools. Myself, I would roll the dice with a limited warranty if I had some data in hand.
 
Joined
Nov 15, 2004
Messages
606
Location
essex ontario
The op asked if you would exercise "the option" of warranty.Should of asked also -what would you pay - for a warranty,kind of open ended. Give me a 90 -120 day drivetrain warranty, expensive repairs / factory defects show up within 50 miles.After that you know what you got, give the POS back or buy a warranty like the extended warranties they push now. Gamble? depends on how much for how long.But the manufacturers hold the cards only they know the whole picture,have all the numbers ,know what to charge to make profit ,difficult to make a decision without the info.
 
Joined
Mar 14, 2003
Messages
8,711
Location
Nothern USA
So who buys the extended warranty on cars or the service plan on anything? Priced right, I would take a 90 day warranty. I never feel a car is mine to do as I want with until the warranty expires. It would remove constraints on those wanting to go with synthetic and longer OCI's early.
 
Joined
Feb 9, 2008
Messages
6,367
Location
Midwest
A short, non existent or optional warranty? No thanks. I wouldn't do business with a manufacturer that didn't have enough confidence in their product to offer at least 3 years of troublefree operation. Recent cars have only had a few minor warranty issues, but even those would have added up quick without a warranty. Our Subaru had a very minor coolant leak that was fixed under warranty, but it took a lot of detective work to find it. It showed up about a year after we purchased the car new. It easily would have been a $500 repair without the warranty.
 
Joined
Apr 5, 2004
Messages
9,427
Location
Pensacola & Vero Beach FL
FWIW, this is an interesting topic for discussion, but there are other things going on here too. There's also that pesky 500 lb gorilla, a/k/a the federal government lurking out there. Candidly, I haven't looked at the MMWA (Magnuson-Moss Wty Act) with this question in mind, but off the cuff (meaning this is NOT intended as legal advice) I don't think a car maker could sell a new car unwarranted even if both the mfr and the buyer wanted to do that. I doubt we'll see a change in federal law that would permit such sales, at least not any time soon. Extra tasty food for thought. . .
 
Joined
Aug 4, 2007
Messages
2,340
Location
La.
I've been in the auto business in sales, service, and parts for a little over thirty years. I've worked for Honda, GM, Ford, Toyota, and Chrysler dealers. I wouldn't buy a new car without warranty for less than 50% of sticker for any of them.
 
Joined
Jan 3, 2004
Messages
6,101
Location
northern Alabama
I'm not sure this would work. It reminds me of insurance - you have to spread the problems around. If enough people opted out of the factory warranty, would it not make the warranty outrageously expensive for those that did want it?
 
Joined
Jan 29, 2009
Messages
2,804
Location
NJ
A new car warranty, I would hope it would come with it. In fact it should be warrantied through the finance time. Why not? When you insure a new car you are FORCED to put full coverage on it even when the warranty runs out. On a used car, I never opt for the extended warranty, its usually an extra 3k for a decent one and even then most are pay first, re-imburse later type of affairs. Back when I was younger a 2-3 year Finance was the MAX offered on cars. To increase their revenue they then offered a 5 and now a 72 month fiance(6 years). Warranties need to match that period accross the board. Warranties protect us the buyer from huge money pit issues that may arise, typically on the first year of a new model introduction/revision.
 
Top