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Extended warranty prices? Are these good/bad?

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Old Jul 15, 2003 | 10:09 AM
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Extended warranty prices? Are these good/bad?

Nissan:
72 mos/100K miles $50 ded. $1248
84 mos/100K miles $50 ded. $1488
84 mos/70K miles $50 ded. $1190

Opinions?
Old Jul 15, 2003 | 10:42 AM
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NT2SHBBY
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I think you could do better bro with an independent co, like say AAA or maybe your car ins co
Old Jul 15, 2003 | 11:11 AM
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www.warrantydirect.com
Old Jul 15, 2003 | 11:16 AM
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Sorry guys...I'm sticking with a Nissan warranty. Too much other BS to put up with non-Nissan.

Thanks for the help though.
Old Jul 15, 2003 | 11:33 AM
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Yeah I would stick with the Nissan extended service because i've heard of other companies not providing what was originally stated in contract. At least with Nissan, you'll know or hope they'll do whats stated in the contract.
Old Jul 15, 2003 | 11:49 AM
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I went with Warrantydirect.com
$1325 for the super duper package 100K miles 5 year (i think) 0 deduct, which covers everything down to the sensors, audio, overheating, etc etc

They seem to have a good rep around the internet.

you don't state what type of warranty that is.... Nissan has 3 levels I think. Prices I'm sure vary widely. Also, is it $50 per visit, or per item?

Chris
Old Jul 15, 2003 | 12:08 PM
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Originally posted by ChrisK327
I went with Warrantydirect.com
$1325 for the super duper package 100K miles 5 year (i think) 0 deduct, which covers everything down to the sensors, audio, overheating, etc etc

They seem to have a good rep around the internet.

you don't state what type of warranty that is.... Nissan has 3 levels I think. Prices I'm sure vary widely. Also, is it $50 per visit, or per item?

Chris
Gold....I'm not sure about the $50 deductible.
Old Jul 15, 2003 | 12:46 PM
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I got mine for a little over $1000...I too didn't want to deal with all the BS...
Old Jul 15, 2003 | 12:49 PM
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Originally posted by NizanDrivn


I got mine for a little over $1000...I too didn't want to deal with all the BS...
What mileage and how many years?

Was that at the same time you bought the car?
Old Jul 15, 2003 | 12:49 PM
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I think I paid $800 for the Nissan one when buying my car new.
Old Jul 15, 2003 | 12:51 PM
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Originally posted by IceY2K1


What mileage and how many years?

Was that at the same time you bought the car?
Icey...if this helps, I paid $1500 for my silver preferred from the dealership on my 02 altima....

that covered 5 years 75,000 I think....for my trouble with the altima, they bought that back and gave me silver preferred plus on my maxima which offered same coverage but with 0 deductible...
Old Jul 15, 2003 | 01:01 PM
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Personally, I think it's a waste of money to buy these extended warranties, directly from Nissan or not. Nissan dealerships make a HUGE amount of money by selling these warranties with an astronomical markup. I read somewhere that the $1200 warranty that it sells retail for around 500-600 bucks when they buy them from Nissan Corp. Essentially, it's another instrument of income that they can use.

Either way, on average, Maximas are pretty reliable cars, and I think shelling out a grand or more for an extended warranty with a low risk of having to use it is not wise IMHO. You already have a 3/36k B-B and 5/60K powertrain, so if you get the 6yr/100K for 1248, you're paying 1248 for 3yr/64k. That's about $400/yr during that span.

A family friend told us that he saw a study on TV (performed by one of those 20/20, 60 minutes type of shows) that found ext. warranties worthless for cars w/higher than average reliability.

That being said, if those $1200 will give you a piece of mind, then by all means go ahead and buy it. But make sure you bargain with the dealership as well, same way that you would for a new car price.
Old Jul 15, 2003 | 01:12 PM
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Originally posted by vito1281
Personally, I think it's a waste of money to buy these extended warranties, directly from Nissan or not. Nissan dealerships make a HUGE amount of money by selling these warranties with an astronomical markup. I read somewhere that the $1200 warranty that it sells retail for around 500-600 bucks when they buy them from Nissan Corp. Essentially, it's another instrument of income that they can use.

Either way, on average, Maximas are pretty reliable cars, and I think shelling out a grand or more for an extended warranty with a low risk of having to use it is not wise IMHO. You already have a 3/36k B-B and 5/60K powertrain, so if you get the 6yr/100K for 1248, you're paying 1248 for 3yr/64k. That's about $400/yr during that span.

A family friend told us that he saw a study on TV (performed by one of those 20/20, 60 minutes type of shows) that found ext. warranties worthless for cars w/higher than average reliability.

That being said, if those $1200 will give you a piece of mind, then by all means go ahead and buy it. But make sure you bargain with the dealership as well, same way that you would for a new car price.
I hear ya, but honestly, I don't trust my Max as far as I can throw it.

$1500 for 4yrs. more is nothing compared to a dead MAF or two, SECU, ignition coil or two, motor mount or two, power window motor, leaky sunroof, door switch, power seat, wheel bearing, etc... Plus, I'm looking to sell it between now and that point, so it will be easier to sell with a warranty.

Honda or Toyota, yeah I'd probably take my chances, but I've even seen them drop a water pump at 45K or alternator at 60K. No car is immune and at todays INFLATED service prices, I'd rather not worry about coughing up the loot.
Old Jul 15, 2003 | 02:00 PM
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Originally posted by IceY2K1


What mileage and how many years?

Was that at the same time you bought the car?
Yeah, I got it when it bought the car....I got the gold (not the plus) for about $1100, it covers the car for 5yrs/100,000 miles. I got a good deal on the loaded car...I figured with this many electrical components and other things (AC, TRANNY, not the engine top 10 and all, windows, MAF)a $50 dollar detuctible doesn't sound so bad...The gold plus covers EVERYTHING on the car, even rotors and most other wear and tear items TOO! ....

To date I haven't used the warranty, but then again, I drive the car really hard, so if something pops, I have my warranty!
Old Jul 15, 2003 | 02:09 PM
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I haven't used mine yet, but its also 5 years from the date of purchase of the warranty so basically 7 years from the date of manufacture or 100K miles. I had my Bose HU go under the bumper to bumper. I would guess...... maybe they'd charge me $900? or so to fix that. Assuming it happened after the 3 yr 36 the warrnaty would have almsot paid for itself.

I wasn't 100% on the warranty kick... I had loads of problems iwth my VW. If I kept it, I don't know how much I would end up paying over that time period.

Nissan has a better record.... but all it takes is 1 expensive repair or a few cheaper ones. No car is perfect.
Old Jul 15, 2003 | 02:09 PM
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Anybody have a breakdown of the different warranty's available, ie Silver, Gold, Plus Gold? Any others?

My initial post prices are for the "best" warranty Nissan offers, however I guess for the $50 deductible, which I don't mind.
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