Third Party Warranty - TerrainForum.net: GMC Terrain Forum
 
LinkBack Thread Tools
post #1 of 6 (permalink) Old 02-05-2020, 11:29 AM Thread Starter
Jr. Member
 
Join Date: Jan 2018
Posts: 32
Third Party Warranty

My 2013 Equinox just turned 100K and all is good. With the exception of the wiper motor recall, all services and recalls are current. I'm curious if anyone had purchased an aftermarket warranty for their SUV and what it cost. I filled out a few online quote forms and instead of a quote, I got multiple high pressure sales phone calls. Must exceeded $2500 for 48 months. All had $100 deductible. Of those a few would not allow me to change my own oil.

Any knowledge is appreciated.

Las Vegas NV
Rebuild Ecotec engines
Repair GM cars & SUVs
uluz2a6 is offline  
Sponsored Links
Advertisement
 
post #2 of 6 (permalink) Old 02-05-2020, 12:52 PM
Theta GOD!
 
Join Date: Jan 2010
Posts: 9,784
My opinion of extended warranties is that if you feel a need to get one, then you are driving the wrong vehicle. IMHO

2018 Equinox LT1 1.5 L 4 cyl, AWD, S/R Cajun Red Tintcoat/Black

2010 Equinox LTZ 2.4 L 4 cyl, FWD, S/R Cardinal Red/Black
RIT333 is offline  
post #3 of 6 (permalink) Old 02-05-2020, 01:47 PM
Full Member
 
Join Date: Sep 2011
Posts: 101
When I bought my 2015 Equinox 5 years ago, the F&I person tried to get me to buy an extended warranty. When I refused, the person literally said to me "I thought you were smarter than that...". I almost replied "Cancel the deal. I don't like your attitude and I'm going elsewhere." Instead I just replied "I trust the car will be fine. I do not want the extended warranty." Plus, I had been there for almost 3 hours, wanted the car, and just wanted to get out of there at that point.

Take the money you would spend on that warranty and put it aside for future repairs. The older vehicles get, the more repairs they will need. That $2500 would be a lot of repairs at a reputable independent shop.

2015 Chevy Equinox LT AWD 3.6LV6
Sea Grass Green
arcee is offline  
Sponsored Links
Advertisement
 
post #4 of 6 (permalink) Old 02-05-2020, 03:39 PM Thread Starter
Jr. Member
 
Join Date: Jan 2018
Posts: 32
Thanks for input. Yes $2500 saved towards a large issue is strong, however the timing chains will need replaced around 130K is my understanding. That alone is $2K at today's costs through dealership. If that was my only future concern I wouldn't worry. But if that AND a transmission issue, or PCM / ECM, etc.

Las Vegas NV
Rebuild Ecotec engines
Repair GM cars & SUVs
uluz2a6 is offline  
post #5 of 6 (permalink) Old 02-05-2020, 04:54 PM
Theta Freak
 
rednox301's Avatar
 
Join Date: Nov 2014
Posts: 1,906
Quote:
Originally Posted by uluz2a6 View Post
Thanks for input. Yes $2500 saved towards a large issue is strong, however the timing chains will need replaced around 130K is my understanding. That alone is $2K at today's costs through dealership. If that was my only future concern I wouldn't worry. But if that AND a transmission issue, or PCM / ECM, etc.
I think this depends on how many miles you drive in a year, and your financial situation.

If you put on a lot of miles, this sounds like a good time to trade as long as everything is working.
You can get the most from your trade which is always a good thing.

When you put 2K or 3K into a transmission, you are more tied into keeping it.
At this point I wouldn't get a extended warranty.

The dealers that still have leftover 2019's are blowing them out at close to $5k now.
Your call.

2014 Equinox LTZ FWD 3.6L. V-6 (LFX)
GM6T70 Transmission-Gen II(M7W)
Crystal Red Tintcoat-Brownstone Leather-(FE2) Suspension-18" Wheels
Build Date: Nov. 04, 2013-Delivery Date: Nov. 25, 2013

Last edited by rednox301; 02-05-2020 at 04:59 PM.
rednox301 is offline  
post #6 of 6 (permalink) Old 02-05-2020, 07:02 PM
Newbie
 
Join Date: Jan 2019
Posts: 10
I was considering a 3rd party warranty. I called my normal mechanic and asked them what they thought. The answer is not to go 3rd party, they nickel and dime the shop to get out of paying their normal rate and part markup. If the warranty paid you after the repair it would be nice, but that's not how they operate. The shop advised me that only warranty worth buying is the GM warranty.
I shopped around, AAA, my credit union same type of payouts.
I get calls every week, they will not even tell me the name of the company, they just hang up. Not very reputable in my opinion.
electbc is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the TerrainForum.net: GMC Terrain Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome