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Old 01-11-2020, 08:37 AM   #1
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Extended warranty for GM

The warranty on my 2017 Chevy Silverado 3500 diesel is about to expire. Iím looking for recommendations for an extended warranty that has comprehensive drive train coverage. In particular the fuel system and the emissions related components. Would be helpful if you have received service and could share results. Also if you have been disappointed with your carrier that info would be beneficial as well. Thanks.
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Old 01-11-2020, 01:57 PM   #2
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Are you past the point where you can extend with a factory backed warranty? 3rd party are not worth the paper they are written on - full of exclusions and fine print. You're unlikely to hear many success stories from anything but manufacturer backed type.
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Old 01-11-2020, 02:53 PM   #3
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Quote:
Originally Posted by Theunz View Post
The warranty on my 2017 Chevy Silverado 3500 diesel is about to expire. Iím looking for recommendations for an extended warranty that has comprehensive drive train coverage. In particular the fuel system and the emissions related components. Would be helpful if you have received service and could share results. Also if you have been disappointed with your carrier that info would be beneficial as well. Thanks.
I have to ask why. Reason is, these companies are not out to give gifts, they make money...off of YOU. While you may be the lucky 1% who do save more than the cost of the policy it is not the norm.

As a shop owner, I quit dealing with warranty companies a bit over 10 years ago. I sent them packing when they were dicking around trying to save 40$ on a 250$ warranty repair. I could have done the job for frree with the consumer and made more money when factoring the phone time with the warranty sharks.

Do you really want some dude in a cubicle dictating salvage yard parts be used as cheaply as possible so they barely respect their end of the deal?

You should get a quote from a few companies, average it out then put that mount per month in a bank account reserved for vehicular emergencies. You are almost certain to come out on top.

Just maintain properly and find a great repair shop/tech to keep the truck in shape.
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Old 01-11-2020, 03:39 PM   #4
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I've never spent a dime on extended warranties. I've had MANY new and expensive GM vehicles. If there is a known design issue they throw under the carpet I ask myself if I want the vehicle that bad. Sometimes yes, other times no and I get another vehicle.

The warranty for emissions is longer than the bumper-to-bumper warranty. Some components are 7 years or 70k miles.
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Old 01-12-2020, 09:14 AM   #5
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If you feel you must have a warranty, go with the factory. They will never hassle you on the cost of covered repairs, and any GM dealer will do it.
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Old 01-12-2020, 09:25 AM   #6
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Post #5 is good advice.... Checkbook magazine has, or used to have, a list of dealers that sold factory extended warranties for $100 over their cost.



My 2015 printout says for GM....Ourisman Rockmont Chevrolet in Rockville, MD will do this. 301.424.5900. Ask for Charles Cain.
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Old 01-12-2020, 09:37 AM   #7
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I don't believe in extended warranties. Put the money aside in a separate account and use that for repairs. I had a friend that bought a warranty from an independent company and two years later tried to use it and found out the company was out of business. Money well wasted. If you are happy buying an extended warranty buy it from the dealer.
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Old 01-12-2020, 09:41 AM   #8
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for me, dealer, gm backed warranty only. just remember their making money selling so you should.be able to save money not, unless your the one unlucky guy.
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Old 01-12-2020, 12:19 PM   #9
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I didn't want to be the first to turn this into a debate on extended warranties but it looks like Pandora's Box has been opened so I'll jump in.

I completely agree that the companies are in it to make money and in the long run they do. However..... like any insurance (that's basically what this is), there can be value. I have a monthly budget for my vehicle expenses with my company so with a good factory backed warranty I can buy a better vehicle and keep it longer knowing my risk exposure. If not for my extended warranty, I'd have to trade-in more frequently and we all know that isn't cheap.

I paid $2200 for the warranty on my 2014 truck and am plenty of money ahead. I had a thermostat go bad (cheap), exhaust manifold bolts ($2000) and am now getting a transmission rebuilt ($4000?).

One of the big ways these companies make money is with people selling the vehicle, wrecking the vehicle or performing modifications that void parts of the warranty. Like many things, if you go into it for the long haul it can work but you have to be patient. Far too many of us get talked into a warranty in the finance office, then sell the truck a year later when we think we can afford $30 a month payment. After all, that 9" screen on the new model year is going to be far better than the 8" one on your current truck
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Old 01-12-2020, 07:06 PM   #10
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Stick with the GM warranty. $100 deductible.
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Old 01-13-2020, 08:39 AM   #11
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Thank you all. Iíve always been on the fence with extended warrantyís and seldom purchase them. I have had them on 3 vehicles and two of them it paid off, both Ford diesels. The one that didnít was a Pontiac. It doesnít take but one issue on these new diesels to exceed the cost of most warranties. Iím in a different position now, as Iím able to put just 5 or 6 thousand miles per year compared to the 15 or so I was doing.
I do know that most aftermarket warranties are not worth the paper they are written on, which is why I asked for advice from those who had experience with one. Thanks again.
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