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Extended Warranty???

Originally Posted by mspeasl first off you do not need to buy the warranty (the next day).......... you can buy from nissan at any time before your factory warranty expires.

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Old 02-06-2011, 03:46 PM   #31 (permalink)
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Quote:
Originally Posted by mspeasl View Post
first off you do not need to buy the warranty (the next day).......... you can buy from nissan at any time before your factory warranty expires. and second I agree that with all of the high tech stuff, you will be much better off down the road. the cars today as you know are not like when we young back in the 50's.

.
I agree. And he is correct You can buy it at any time and shop around for the best price. You can get it cheaper most of the time.

I didn't buy mine yet but most likely will in the next year (I do have the navigation and all the toys and have the same worries 6 years down the road)
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Old 02-07-2011, 02:20 PM   #32 (permalink)
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Be careful as many third party extended warranties won't cover factory nav units. You have to read the fine print very carefully. I'm actually forgoing the warranty on my Z. I just bought one for my wife's Mazda CX-7 and I'm already regretting the decision. They claimed it was through Mazda but it apparently is not. Given that I bought it two weeks ago, the bargaining power is all mine for the next few weeks (you have 30-60 days to cancel in full).

Be very careful with what you purchase. Also, realize that you need something catastrophic to happen to make the extended warranty worth while. And all that peace of mind you think you're buying is just smoke and mirrors. There is just as good a chance that the ESC company will go bust or they'll make filing a claim a living nightmare.
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Old 02-07-2011, 11:27 PM   #33 (permalink)
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I paid $1800 for the longest and best extended warranty Nissan sells on my new 2011 370Z. I'll bet the first time my Navigation or stereo breaks the warranty will be paid for. This is assuming it breaks in the first 8 years. I can think of NUMEROUS things on this car that would easily approach the $1000 mark if they broke. As far as the 3rd party warranty, I'm amazed people still buy those. How many people have to get burned by these over the years to learn the lesson! Only buy a factory warranty.



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Originally Posted by spearfish25 View Post
Also, realize that you need something catastrophic to happen to make the extended warranty worth while. And all that peace of mind you think you're buying is just smoke and mirrors. There is just as good a chance that the ESC company will go bust or they'll make filing a claim a living nightmare.
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Old 02-08-2011, 09:30 AM   #34 (permalink)
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We just bought a Mazda and I called MazdaUSA to inquire about their 'factory warranty'. They actually use a third party. Better call Nissan USA before you settle for thinking your warranty is directly through Nissan. Also, read your exclusions carefully to see if your nav is covered. As I said before, many aftermarket warranties exclude nav systems.

Here's why I opted out of an extended warranty:
1) Claims aren't necessarily fulfilled in full. For example, they can say the quoted work rate is 'above the norm' and only reimburse for part of your repairs.
2) Third party companies can and frequently do go bankrupt. Then you bought a policy that is nothing more than the paper in your hands.
3) Repairs for parts that are damaged due to uncovered item failure aren't covered. If a radiator hose cracks and your engine overheats and cooks the seals, you won't be covered for engine repairs as the policies don't cover hoses...the source of the problem.
4) I won't necessarily keep my car long enough to have costly problems.
5) If many parts of my car fail, I'd probably upgrade them anyway (brake calipers, diff, suspension, etc) or they wouldn't be covered (clutch).

It's six of one, half a dozen of the other. But don't think you're protecting yourself fully by purchasing an extended plan. If you buy a problem-prone car, it may be in your favor to get a policy.
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Old 02-08-2011, 03:31 PM   #35 (permalink)
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Just to add..

I got my Mechanical Breakdown Protection (MBP) plan from Mercury Insurance. (No pun intended on the abovementioned MBI plan, it's just called MBP at Mercury) I paid close to $900 for the 7 year 100,000 miles, whichever comes first..

I recently got an offer to switch to State Farm, however, when I inquired about the MBP, they told me they don't have anything like that..

If you plan on getting the extended warranty, I strongly suggest, like the others before me, to shop around and avoid getting it at the dealer. How the finance manager was throwing his pitch trying to sell it to me made it seem like he was desparate.. poor guy.. he got shot down 5 times in 5 minutes.. lolz..
Also, now you know that even the dealers go through a third party as well, so it's practically the same thing..
My insurance adjuster from Mercury added that I can go anywhere, even to the Nissan dealerships under this plan..


I'm just hoping my tranny dies by the end of this coverage.
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Old 02-08-2011, 06:47 PM   #36 (permalink)
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Not only is my Nissan Extended warranty NOT a third party warranty, it also covers Belts and Hoses, Nav and Stereo and 24 hours a day, and 365 days a year Roadside Assistance and Trip Interruption Coverage up to $500 PLUS Enhanced towing and rental car reimbursement of up to 5 days and $175. I really don't understand why you think all factory warranties are third party warranties just because your Mazda warranty was. Before this car I had a Toyota FACTORY warranty and it was not a third party warranty. My warranty agreement is between me and Nissan. I'm here to discuss the NISSAN warranty, not other cars warranties. Just because you have had bad extended warranty experiences doesn't mean everyone else has. I understand that there are varying opinions on this and everyone has had different experiences but while an extended warranty may not be right for you it might be good for someone else. BTW if I decide to sell my car the warranty is transferable which will increase the sale price of my car. Read all about the Security Plus Gold Prefered plan below:

http://www.nissanusa.com/content/dam...-plan/Gold.pdf










Quote:
Originally Posted by spearfish25 View Post
We just bought a Mazda and I called MazdaUSA to inquire about their 'factory warranty'. They actually use a third party. Better call Nissan USA before you settle for thinking your warranty is directly through Nissan. Also, read your exclusions carefully to see if your nav is covered. As I said before, many aftermarket warranties exclude nav systems.

Here's why I opted out of an extended warranty:
1) Claims aren't necessarily fulfilled in full. For example, they can say the quoted work rate is 'above the norm' and only reimburse for part of your repairs.
2) Third party companies can and frequently do go bankrupt. Then you bought a policy that is nothing more than the paper in your hands.
3) Repairs for parts that are damaged due to uncovered item failure aren't covered. If a radiator hose cracks and your engine overheats and cooks the seals, you won't be covered for engine repairs as the policies don't cover hoses...the source of the problem.
4) I won't necessarily keep my car long enough to have costly problems.
5) If many parts of my car fail, I'd probably upgrade them anyway (brake calipers, diff, suspension, etc) or they wouldn't be covered (clutch).

It's six of one, half a dozen of the other. But don't think you're protecting yourself fully by purchasing an extended plan. If you buy a problem-prone car, it may be in your favor to get a policy.
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Old 02-09-2011, 09:21 AM   #37 (permalink)
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Just to confirm and put it to rest,

The nissan security+plus nissan extended warranties ARE NOT third party. They are wholly owned and sold by Nissan USA. You can't go to a non-nissan dealer and purchase this warranty. Just called them and confirmed.

Although there are some good third party EW companies out there, don't think they are as comprehensive in their coverage as nissan EW. Check and you'll see. Plus, it's a real hassle dealing with third party claims w/ the dealerships when expensive repairs need to be made.
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Old 03-10-2011, 11:13 PM   #38 (permalink)
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Quote:
Originally Posted by dirtrat View Post
Not only is my Nissan Extended warranty NOT a third party warranty, it also covers Belts and Hoses, Nav and Stereo and 24 hours a day, and 365 days a year Roadside Assistance and Trip Interruption Coverage up to $500 PLUS Enhanced towing and rental car reimbursement of up to 5 days and $175. I really don't understand why you think all factory warranties are third party warranties just because your Mazda warranty was. Before this car I had a Toyota FACTORY warranty and it was not a third party warranty. My warranty agreement is between me and Nissan. I'm here to discuss the NISSAN warranty, not other cars warranties. Just because you have had bad extended warranty experiences doesn't mean everyone else has. I understand that there are varying opinions on this and everyone has had different experiences but while an extended warranty may not be right for you it might be good for someone else. BTW if I decide to sell my car the warranty is transferable which will increase the sale price of my car. Read all about the Security Plus Gold Prefered plan below:

http://www.nissanusa.com/content/dam...-plan/Gold.pdf

Does this cover all parts of a manual tranny, including the clutch?
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