So I just picked up a 2007 expy Limited LE with 88,000 miles on it. While I was signing all of the paper work one of the things they offered me was a extended warranty. It was for 60 months / 100,000 miles from the date I bought it. The warranty covered the engine and drivetrain. If I remember correctly it said that it covered all oil lubricated parts as well as a hand full of other major parts of the engine. Same with the drivetrain. The total for it was around $2200. I could pay for it over 2 years at zero percent. Is this something that I should consider? Having a warranty till 2019 and or 188,000 sound kind of good. Do these expys have a common issue with the engine/drivetrain that it might be a good idea to get. The person doing the paper work with me said that I can think about it for a couple of day. Let me know what you think about it.
First thing to do is find out the name of the warranty company and google for complaints against it. If several pop up, forget it.
And think about it--would YOU actually insure a 6-year-old engine for another 100k miles with the odds of having a problem?
Most of these are ripoffs...
Well, for that price you could almost pay for a reman short block engine...but it doesn't cover all the non-lube parts such as starter, generator, EFI, etc....that is likely to go out 1st. I agree ^...much of the aftermarket warranty is not "of value".
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