Extended Warranty Yes or No - TerrainForum.net: GMC Terrain Forum
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post #1 of 20 (permalink) Old 03-09-2019, 07:17 PM Thread Starter
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Extended Warranty Yes or No

Expecting my new 2019 Nox in a few weeks and wondering if I should opt for the extended warranty.

If it was reasonable I would get it for piece of mind but it is $3000 to bump the standard 3 year warranty to 5 years to match the 5 year power train warranty and if I want to go the max of 7 years for both it is over $5000.

Most articles I read recommend putting this money in a high interest savings account and just stay with the free warranty.

Any opinions from actual owners?
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post #2 of 20 (permalink) Old 03-09-2019, 10:45 PM
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Where can you find a high interest savings account.

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
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post #3 of 20 (permalink) Old 03-09-2019, 11:13 PM
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Is that the GMPP coverage you are referring to?

I purchased the Allstate Premier Care service contract for my 2019 from my dealer.
It is a 72 month, 75,000 mile; essentially an extension of the 3/36 bumper to bumper.

They also had the GMPP available, but they probably make more commission by selling the Allstate service contract, and pushed it over the GM version. Which is better? Time and miles may tell!

The cost: $1981.00 with no deductible.

The price you are quoted is quite high in my opinion, as what I have is very comprehensive for much less cost.

.

.

2019 Chevy Equinox; 2.0 - LT - FWD - Silver Ice/Redline - Purchased 10/20/2018; Mills Chevrolet, Davenport IA
2016 Chevy Equinox; 3.6 - LTZ-AWD - Black/Black - Purchased 7/7/2016; Mills Chevrolet, Davenport IA
2017 Chevy Malibu; 1.5 - LT - Pepperdust - Purchased 8/2017; Green Chevrolet, East Moline, IL
2009 Chevy Silverado; 5.3 -LT - 4WD - Ext. Cab - Granite Met. - Purchased 02/2009; Green Chevrolet, East Moline IL
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post #4 of 20 (permalink) Old 03-10-2019, 12:07 AM
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Same thing ..got major guard from Ally ...sold by dealership for 1800 or so.basically an extension of b2b upto 72 months/72000 miles. I believe there is a deductible of 50 or 100.
It is peace of mind...as i got a first model year...


you may invest 1800 in the market and it may become 3000 and cover all major repairs in 5 years to 6 years



I remember getting an electric window repaired for 300 and a moonroof did not get repaired for 800. Looking all the electrical stuff...electric trunk opener, all the sensors, the infotainment, remote start etc etc along with turbo diesel ...at least i am at ease and believe i'll drive for 5 years at least without something not working.


You are buying a second year version...they may have improved things that they found prone to failure ..so investment may be a better deal.


But like life insurance it is a personal choice.

2018 equinox 1.6l Diesel LT, Hecho en Mexico, julio 2017
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post #5 of 20 (permalink) Old 03-10-2019, 12:34 PM
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If your going to keep it for longer then the factory warranty in my opinion an extended warranty is a must.

I bought the GMPP with my 2014 Traverse when it was new for $2000 CAD (about $1500 USD) which extended the coverage it to 7 years with $0 deductible.

Last summer the rear A/C went and after getting that fixed along with a leaking power steering hose the total was just over $2000
so it paid for itself in 1 visit.

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post #6 of 20 (permalink) Old 03-11-2019, 12:27 PM Thread Starter
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Just got a quote from Ensurall . It is 10 years 200k km for $2600 as compared to the GM total plus 7 years 160K km for $5700. I don't understand why GM is pricing itself out of the market.
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post #7 of 20 (permalink) Old 03-11-2019, 03:43 PM
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I wonder if GMs price is so high because they built the car, so they have a good idea of what will go wrong ? LOL

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
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post #8 of 20 (permalink) Old 03-11-2019, 04:24 PM
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Its essentially a gamble.


My wife bought the extended warranty on her 2013 Equinox. (her Honda had broken down on her a few times- and her coworkers said GM/Chevys were no good).


Warranty has expired. Nox is running great.

2013 Equinox LT1 3.6L V6 FWD 88,000
2010 Traverse LT1 3.6L V6 FWD 153,000
2003 Trailblazer LS 4.2L I6 RWD 181,000
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post #9 of 20 (permalink) Old 03-11-2019, 08:30 PM
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With all the electronics in the new vehicle, we opted for an extended warranty. However, recommend you shop around; there are less expensive warranties with equal coverage than what you have been quoted.

2018 Premier, 2.0T, Cajun Red
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post #10 of 20 (permalink) Old 03-12-2019, 08:58 AM
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I'm sticking with my theory that if I don't have enough faith in the reliability of a car that I am buy such that I feel a need to buy an extended warranty, then I must be buying the wrong vehicle. My thoughts have been true so far, but maybe at some time I will get burned, and then start buying extended warranties.

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
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