View Poll Results: Keep warranty?
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Yes
4 80.00% -
No
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Thread: To buy or not to buy??? WARRANTY
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11-11-2008, 03:29 PM #1
To buy or not to buy??? WARRANTY
Just bought a 99 30th anniversary TA a little over a week ago. Only has a little over 40k miles. Had it at a local shop today, Anti Venom, that specializes in corvettes and f-bodies. They did a one over on it and are very impressed with its condition (mechanically). Everything was clean and performing like new. I've also had some other techs check it out at other shops.
I just bought a 2yr/24k miles powertrain warranty from the dealer for the car for a lil over $1000... Should I sell it back and use the money for other parts? Or should I keep the warranty?
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11-11-2008, 03:41 PM #2
i'd keep the warranty myself. ya never know when a starter or alternator is going to go out and you may not be able to...for whatever reason...do the work yourself.
like for me my starter went out not long after i got my 99 and it was cold as hell and starting to sleet out and i wasn't about to work on my car in my driveway in 30* weather.
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11-11-2008, 03:45 PM #3
And just to add in, I have a $100 deductible... which isn't bad
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11-11-2008, 03:53 PM #4
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Pewter Metallic- 2002 Trans Am WS6 M6 D1SC
Im assuming that since you took it to a performance shop you're gonna have it modded. Will they warranty still be valid even with mods done?
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11-11-2008, 04:00 PM #5
The dealer advised me that I could take it to any shop I want as long as they do warranty work... I know like most places, there are some mod friendly shops and some that aren't.... The dealer just said that as long as I dont plan on doing anything major like FI then I should be fine.
(however, i know if i had a broken axle, and they saw that i had 4.10 then they probably wouldn't do it)
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11-11-2008, 04:02 PM #6
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Pewter Metallic- 2002 Trans Am WS6 M6 D1SC
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11-11-2008, 04:04 PM #7
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11-11-2008, 04:52 PM #8
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black black black- 77 swb
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11-11-2008, 05:54 PM #9
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11-11-2008, 05:59 PM #10
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yellow- 02 Collector Trans Am
peace of mind is always nice!
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11-11-2008, 06:09 PM #11
I am very anti-aftermarket warranty.
Basically, you are betting $1000 (plus $100 per occurrence)that something major WILL go wrong and they are betting that it WON'T.
Kind of like the "Paid Off In Case Of Death" insurance. You bet you'll die and the insurance company bets you won't. But you pay for the bet.
With 40k, it's not very likely that something major like engine or trans will go out.
An alternator/water pump/starter/ etc. can likely be found for not too much more than the $100 deductible.
Is peace of mind worth $1000?
If so, put the $1000 in the bank and don't touch it unless you need it. Then you can earn interest and still have the peace of mind.
Just MHO.
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11-11-2008, 06:18 PM #12
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11-11-2008, 06:21 PM #13
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Pewter Metallic- 2002 Trans Am WS6 M6 D1SC
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