Is it worth purchasing Nissan's extended service agreement?
 

I have an 02 SE....I purchased the Bronze (5 year or 75k) Service Agreement when I bought the car. I have 50 miles left before I hit 36k. I have been contemplating purchasing a better Service Agreement.....ie: Silver, Silver Preferred, Gold and Gold Preferred. FYI...Gold Preferred is bumper to bumper.
I was qouted @ $1200 for the Gold Preferred.
My question....anyone purchase these agreements and can the price be negotiated?
Thanks!!!

Among other things, we need to know how long you plan on keeping the car, etc. If you plan on trading again in a year or two, don't bother.

i was reading about this in car and driver, and it all depends on how long u want to keep your car.. just what jjs said.

can this still be purchased if i buy from a different manufacturers lot?

(buying used max at new toyota or saturn dealer)

i bought the extended warranty when i bought my car. my plan was a silver, which carries a deductible of $50. and i remember i had to pay close to $2000 for it too. so i think $1200 for the Gold Preferred is very reasonable, considering it carries almost no deductible.

having said that, i've probably used about 3-4 minor(alternator, reverse light switch, clock bezel and a catalytic convertor) warranty claims before the 100,000 mile limit. so go figure.

http://www.carbuyingtips.com/warranty.htm

Check out warrantydirect.com. I purchased their "bumper to bumper" coverage for 5yr/100k on my '03 for around $1300 with no deductable. Three great things about going aftermarket:

1. You can choose whatever mechanic you like - This is great if you're not happy with your local Nissan dealer service or have a favorite local shop

2. You get roadside assist, towing, and a free rental car when it's in the shop.

3. If you have a few mods, your local mechanic is far less likely to make a stink about it - he gets paid either way!

housecor
Have you had a chance to use this warrenty and if so how did it work out. How many miles do you have and at what millage did you get the extended warrenty?

I got the gold for $900 five months ago when I bought my used max. I just used it for the first time to replace a defective/blown strut - interestingly, the service agreement manual says it doesn't cover struts, but maybe it means "worn struts" not defective/blown struts and they did it under the warranty (at a different dealer than I bought it from). There was a $50 deductible. I have it to 4 years/100,000 miles. If you drive alot of miles, shorten the time of the warranty and max out the miles (to 100,000 like I did). If you don't drive many miles, do the opposite...that will affect the price of it. Seems like it's worthwhile, since I paid 900 for it and the shop said it would have been about 300 to do the strut....so I've used 250 of 900 so far..with 60,000 miles to go!

It's a good idea to go with the gold.

Haven't had a chance to use it yet. I only have 31k right now so it'll likely come in handy down the road. The claim process appears pretty simple: Mechanic calls Warranty Direct at 1-800 number and explains work being done. As long as the work is covered under your warranty contract, the work is charged directly to warranty direct over the phone.

I purchased at 29k - this was important because pricing is based on current milage, age of vehicle, and remaining factory warranty. I could've saved $100 had I bought the extended from them when my car was new. In my case, the rate would've went up another $100 if I had over 30k at time of purchase.