Mopar Extended Warranty thoughts?

[ShadowsPapa]

I wish they'd stop marketing things as "extended warranties" as they aren't. They are insurance policies, service contracts. It can't be a warranty as only the OEM can do that.

The devil is in the details - be wary of fine print. READ it carefully.
Your radio is covered for 3 years/36000 miles. So you've paid for a service contract up front and don't start to use it for 3 years or 36000 miles - there's an opportunity cost to factor in. Where could that money have gone.
There's a lot it won't cover - someone here recently found it won't cover batteries, for example.

You must weigh your aversion to risk.
That's what those companies that sell these do. It's just like insurance. They have actuaries that calculate the odds and costs.

(Not the same thing as what MOPAR dealers sell - but I've done the math on those things advertised on TV - say, 100 to 150/month (typical). Times 12 is 1200-1800/year.
5 years you have 6,000 to 9,000 invested. Yikes. Especially if you never use it. Go buy a decent used WJ for a lot less than that )

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[Lost1wing]

I initially bought the 7/100k warranty on my '22 Overland Diesel but promptly cancelled it a few weeks in. Long story short, I bought the warranty to get 0% financing. Chrysler Financial would extend 0% to any deal over a specific dollar amount and the warranty kicked me over that threshold. If something goes wrong, it will likely be with the diesel powertrain which is covered to 100k miles.

I did buy the 7/100k warranty on my wife's Land Rover and intend to keep the warranty. If something goes wrong on this vehicle outside the warranty period, the repair bill can be staggering.

I have a lifetime powertrain on my duramax. However, fuel system and related, computers and electronics, emissions or any externally bolted on part is not covered. And as determined by the servicing dealer, if anything outside of said warranty (insurance) caused the powertrain to fail, that failed powertrain component is not covered. It's not even in the fine print. I just had to read it.

Read the entire policy!

 

[Sandevino]

I have a lifetime powertrain on my duramax. However, fuel system and related, computers and electronics, emissions or any externally bolted on part is not covered. And as determined by the servicing dealer, if anything outside of said warranty (insurance) caused the powertrain to fail, that failed powertrain component is not covered. It's not even in the fine print. I just had to read it.

Read the entire policy!

I had a warranty like that on a Ram 2500 and anything internally lubricated was covered. Everything else was not.

 

[Max-t]

I was a car salesman at a new car dealership for a while. . One reason I hated the job, probably the biggest thing I hated was “upwelling”.
we were supposed to butter people up for the finance guy to sell the extended warranty. I researched it… I had always been told it was a bad idea…. So I did t have much to say to talk people into it. Looked all over for a good argument in favor; no one recommends extended warranties.

Once you’re past the 5 years, (or really 10k miles) you’ve likely worked out all the bugs till about 100k. At which point you’ll be replacing wear parts. They’re pretty exclusive. Even the factory named ones are often serviced by contracted warranty companies.. also look out, the finance guys gets bigger commission on warranties from those same people that are calling you all day and he’ll make you think it’s a factory style warranty.
. It’ll cost you suspiciously Similar to getting a whole top end rebuild. And maybe you’re way outside the average and own a car for over 2-5 years,
I once did get an extended warranty… the guy before me had it and it was transferable for like 250 and he paid for it. Totally unusable. Didn’t pay for shit and you had to file all the paperwork yourself because the mechanics wanted nothing to do with it.

 

[cranbiz]

The only warranty that made sense was the Mopar Lifetime warranty, which I have on my WK2. I haggled with the finance guy and got it for the price that Zeigler had quoted me. He fought me on it until I got up and said I'm leaving, without the new car. He changed his tune quickly and met the price. In my case, it has paid for itself and because I live in NC, it's transferable once so it vas value that way. I paid $2300 for it.

I have had a couple of things that in total would have come to more than that $2300 fixed by the dealer (capless gas tank filler replaced, key fob, body control module).

With the air suspension in the Trailhawk, it's only a matter of time before it's going to need a compressor so when that goes, I'm going to be way ahead.

This being said, what's available now is pretty much useless and over priced.

 

[Hootbro]

The only warranty that made sense was the Mopar Lifetime warranty, which I have on my WK2. I haggled with the finance guy and got it for the price that Zeigler had quoted me. He fought me on it until I got up and said I'm leaving, without the new car. He changed his tune quickly and met the price. In my case, it has paid for itself and because I live in NC, it's transferable once so it vas value that way. I paid $2300 for it.

I have had a couple of things that in total would have come to more than that $2300 fixed by the dealer (capless gas tank filler replaced, key fob, body control module).

With the air suspension in the Trailhawk, it's only a matter of time before it's going to need a compressor so when that goes, I'm going to be way ahead.

This being said, what's available now is pretty much useless and over priced.

Eventually when a repair exceeds the market value of the vehicle, they will cut you a check and that "Lifetime" warranty stops.

 

[cranbiz]

Eventually when a repair exceeds the market value of the vehicle, they will cut you a check and that "Lifetime" warranty stops.

Correct. However at this point the market value is still in excess of $25K so it's got a way to go on that. I already got my moneys worth out of the warranty, any additional repairs are a bonus.

 

[jimcasada]

In my past experience extended warranties aren't worth the paper they're wrote on. Besides, no one is going to work on my vehicle except me, unless I need some really specialized tools or equipment, like for a front end alignment. All of these extended warranty pushers are crooks trying make commissions on whatever policies they can sell, including the dealerships (especially the dealerships).

 

[cranbiz]

In my past experience extended warranties aren't worth the paper they're wrote on. Besides, no one is going to work on my vehicle except me, unless I need some really specialized tools or equipment, like for a front end alignment. All of these extended warranty pushers are crooks trying make commissions on whatever policies they can sell, including the dealerships (especially the dealerships).

Pretty much right on. They find more and more ways to deny claims.

When I bought the now defunct MaxCare Lifetime plan in 2017, the dealer sell was $4870. Zeigler sold it for $2300. That has to be close to the wholesale price plus a bit of profit. So, close to $2500 pure profit to the dealer at retail price and probably an easy $250 in the pocket of the "finance manager".

Unfortunately, todays automobiles do require many specialized tools, diagnostic computers and access to proprietary software so I see manufactured sponsored plans bring pushed more and more with higher level of scare tactics. Add to this the multitude of third party scam plans, the uninformed consumer is screwed.

 

[RJAM]

Whether you go with an extended warranty or not is a personal financial decision. There is only one warranty I would recommend and that is the MOPAR Max Care plan. It covers everything except cosmetic issues and the deductible is $100. I have it on both my Jeeps and my brother in law has it on his JK. For instance, his JK’s radiator split, which apparently is a common issue in the JKs. The warranty covered it. It took the shop several times to discover that a small pin size hole in a hose was leaking as well. And because it took several times to fix the issue they refunded his $100. Which brings me to the point Stetson said which is how well do you like your service department. Because if they are not good then your warranty is garbage because the service department isn’t good. Then there’s the question if you travel a lot. Because with the Mopar Max Care plan every Jeep dealership will have it on record in the computer and you will have no issues while you travel.
Now here’s the “rip off” of the Mopar warranty. When you add the warranty it starts at the date and mileage of purchase. So, when people buy them they are loosing 1/2 of they warranty they just bought because the factory warranty is in effect until 36K or 60K miles depending on the issue. For example if you got the 75K mile warranty at the time of purchase you basically only got a 39K mile warrant because it wouldn’t kick in until you hit 36,001 miles. But it still expires at 75K miles. But if you buy the warranty when you have 35K miles on your Jeep you would be covered to 110K miles because the warranty started when you bought the warranty. Now it will cost more but the coverage lasts a lot longer. Then there’s the time frame. Usually these warranties are good for 5 years, again from time of purchase. So you have to consider how much you drive and will your warranty expire based on time or mileage. With you being in your 70s I’m guessing your warranty will expire based on time rather than mileage.
To sum up this post if you decide to get the warranty I would wait until you have 30K miles on it then purchase the Mopar Max Care Extended Warranty. That way you will be covered for any major problem that occurs. Most people don’t use it but if you’re one of the unlucky ones who get the transmission or phantom electronic issues you will be glad you have it. Also, the warranty will not cover any issue you have before purchase.
And how do I have all this knowledge. I had transmission issues that started around 35,300 and my local service department said everything was fine. It wasn’t until after I crossed 36,000 miles that they finally decided there was an issue. Thank god it was my D clutch that went out because of was an electronic issue I was told the factory warranty wouldn’t cover it. I got lucky and now have the Max Care plan and am covered to 110,000 miles.

Unless things were different when you purchased your extended warranty- Mopar max plan states: from time of inception and 0 miles. Meaning it doesn’t add 70k miles onto 35k factory warranty; rather goes to 70k regardless of how many miles you have on vehicle when you purchase extended plan.
I would review your policy.

 

[berb]

Unless things were different when you purchased your extended warranty- Mopar max plan states: from time of inception and 0 miles. Meaning it doesn’t add 70k miles onto 35k factory warranty; rather goes to 70k regardless of how many miles you have on vehicle when you purchase extended plan.
I would review your policy.

I do not know what happened. It may have been a result of jeep trying to make things right with all the issues I have had with my gladiator. But I can assure you my paperwork has my warranty to over 110,000 miles. I even confirmed it at my local dealership. It’s in the system.

 

[Solar Sparky]

Like some others have said, the Mopar Max Care is what I have and would suggest. I waited until 35,000 miles to purchase it. Zack at Grainger is who I called, he is currently advertising on another thread about $25 over cost. The dealer just told me that they think I will be needing a new engine, and I will be covered with the warranty. No brainer

 

[Solar Sparky]

I do not know what happened. It may have been a result of jeep trying to make things right with all the issues I have had with my gladiator. But I can assure you my paperwork has my warranty to over 110,000 miles. I even confirmed it at my local dealership. It’s in the system.

Same thing. I just confirmed with my local dealer

 

[JTGuy]

I bought the 7 year plan at time of purchase on line so I got a fair deal. My mods have taken out a few of the covered parts but I just want the electronics to be covered along with the engine internal parts. .

 

[RJAM]

I do not know what happened. It may have been a result of jeep trying to make things right with all the issues I have had with my gladiator. But I can assure you my paperwork has my warranty to over 110,000 miles. I even confirmed it at my local dealership. It’s in the system.

That’s great that they added to the 35k miles. But stinks that you had problems with your vehicle. Hope nothing else goes wrong with it.

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