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Extended "service" contracts

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Old 02-23-2005, 09:12 AM
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Extended "service" contracts

I have a 04 Maxima that I purchased 2/04. I recently went to a dealer and purchased the extended warranty for 7/100K since I really like this car. Yes, I got a good price on it.

I just received in the mail the disclosure document and it in BOLD letters indicated that this was a "SERVICE" contract not an extended warranty. It also indicates they can refuse service if I don't keep the car on Nissan maintenance schedule and have receipts. Now I'm concerned, especially the "service" VS. "extended warranty" statement.

Anyone purchase this? Any thoughts on it?

David
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Old 02-23-2005, 09:15 AM
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Thats interesting. I purchased something similar when we bought the car. Now i wonder if its warranty or service.
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Old 02-23-2005, 02:26 PM
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Never buy something from the dealership concerning warranties....they're all money scams....plus you probably have a deductable you have to pay first before you get something "serviced" or "warrantied".
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Old 02-23-2005, 02:32 PM
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I disagree. I had an "extended warranty" on my previous Explorer. Cost me about $800. At about 50,000 miles the transmission when out. Saved me a BUNCH of money by having that warranty.

In fact of the last 5 cars I have purchased, only once did I not save money by buying the warranty. Of course, the Maxima might be the second one....
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Old 02-23-2005, 03:10 PM
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Contract

I purchased the Gold 7year - 100K mileage package with zero deductible. Cost was $1300. My thinking was that I want to keep this car at least 7-8 years and I drive between 12-14K a year. This would give me the coverage needed past the typical 3/36 warranty.
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Old 02-23-2005, 03:24 PM
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in your case and mine, it's Service Plans [extended], Nissan also has Maintenance Plans

additional info:
http://www.nissanusa.com/content/0,,sctid-51043,00.html
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Old 02-23-2005, 04:11 PM
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OCUIHS, Correct!
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