Extended Warranty???
 

Hi everybody, I've been lurking here for a year, this is my first post. I just bought a new 10 Z. Platinum Gray, 6 Spd, base + sport.

Would any of you recommend buying the Nissan extended warranty through the dealer? I'm not really interested in the debate about exact dollar cost of warranty verse cost of repair = subjective value. I'm interested in what (if anything) such a warranty would really cover.

I just bought a 2010 Z, and have the option (for the next day) to buy the extended warrany. My pesimistic understanding of warranties is that there's always a reason for exclusion, making such a purchase pointless. But in my older age my resolve is weakening, such that the consideration of buying a factory warranty might make sense. Can you guys chime in...thoughts...opinions...ideas?

Does anybody have an experience where they bought the extended Nissan warranty and it saved their butt?

Well, I purchased the extended warrenty for my 09. (I believe I paid $1750?)

Figured I'm not going to mod the car (other than some led bulbs, easy to swap out if nessesary) and I tend to keep cars a long time (8 to 10 years) and with all the electronic gizmos in the 370 it helped give me some peace of mind knowing that most of those items will be covered for at least 7 years/70k miles.

A copy of the flyer on what the warrenty covers is on Nissan's site:
http://www.nissanusa.com/pdf/owning/Gold.pdf

If money is not a factor then just buy it.

If you don't mind me asking...

how much did you pay for your 2010 base+sport?

Extended Warranty = Salesman's Upsell = FTL

warranty & high tech..................
 

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.
:tiphat:
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I paid MSRP minus 2K exactly. The MSRP price was exactly the same on the window sticker as compared to NissanUsa.com, given the configuration of the car.

Thanks for the feedback, I think I might go for the warranty, but I'm still thinking about it. I don't burn clutches or break parts, nor race. But I am afraid of the potential repair cost of the various tech parts. I recognize that Direct Injection is still a relatively new tech (in car terms) for this particular production engine.

I also have an 04 G35 sedan (6M) that has had zero mechanical issues, other than a super intermitent/extremely minor clutch chatter, which I have noticed but don't really care about.

I hope the guy clicked Dad's link! :tup:

Just so you know I believe that these warranties start when the purchase is made NOT after your factory warranty expires.... I purchased a warranty like this thinking I would have 36k extra miles come to find out that my extended warranty expires a whopping 6k miles after my factory warranty expires. I would be very carefull when buying warranties that are not through nissan.

Truly purchase Nissan only, if you are going to do so. Then the relationship is between you and Nissan, and no third-party.

The dealer I bought the car from gives everyone a lifetime powertrain warranty (not transferrable with the sale of the car) and free lifetime oil changes..

I once had a Toyota with a defective carburetor. A TSB had been issued and although I had free oil changes at the dealership and took my car there for service every couple of months, no one ever said a word about this defect.

Over time, the engine became choked with carbon deposits. My engine ultimately needed rebuilding. The estimate to fix the problem and everything that had been damaged over the life of the car was close to $3000. The car was out of its factory warranty and my dealer's official position was that this did not fall under my extended warranty coverage, because it was essential "wear-related," meaning the car was just getting old.

My personal mechanic researched the problem, found the old TSB and put my car back together, telling me to force Toyota to fix it and arming me with the TSB. I called Toyota corporate and actually told them, "I'm not loving what you do for me" and they finally came around.

They fixed the car and even did some extra suspension work that needed to be addressed, all for a $50 out of pocket charge, I believe.

So, I count myself ahead of this game overall.

I buy the extended warranty and feel pretty good about the purchase. I've used my coverage one other time and received services equaling more than the cost of the warranty.

Remember:

the price is negotiable. The level of coverage is also customizable. If you sell the car before the warranty expires, you can apply for a refund of the unused portion.

On the Z, I got a 5 year/75000 mile warranty (pretty much how long I keep my cars) for $1000. I agree the Z probably won't require $1000 in repairs in that time. However, the peace of mind and the ability to manage against a big financial hit down the road seem worth it for that price.

Extended Warranty is on the Top Ten waste of money when yoy buy a new car. That is how the dealer makes up the money. Most people will not keep the car over 3 yrs and will modded.

I bought an extended warranty once, never used it, waste of money. However you can buy an extended warraty all the way until the end of your original 3yrs/36K for the Z.

I've never been an advocate of these to be honest, but in this case, I did buy the 7/100k warranty and the reason I did was for the resale value it brings to a new private party buyer...should I get an itch in a few years and want to sell it. (which has always been the case with me)

With all the dealers now doing CPO type stuff, when selling a used car of these values, the first thing buyers ask if is it has a CPO type warranty. You gotta stay competative with what the dealers are offering the used car buyer.

When selling my E46 BMW before getting the Z, the extended warranty cars always got the better movement on the for sale boards...and since the Nissan warranty is transferable, I opted to get it....with the idea of having the car that much more attractive to a new buyer....covered for full 7 years and 100k miles.

C.R. doesn't recommend extended warranties if the product--any product--is reliable. Zs are reliable vehicles, but you must make your own choice. Keep doing your homework and decide. I got me a used (2004) Touring Coupe and, so far, so good. NO problemo!

i opted for a nissan warranty. as previously stated these cars are not the cars of old and the warranty is pretty much for electronics/computer components. ask me in 6 years and i may rant about a waste of money but the cost of component replacement these days may just about justify the warranty expense. this ain't no sentra.

It's like insurance, it's good when you need it. Feels like a waste when you don't. I think it's always a good idea, unless you heavily mod your vehicle.

no plans for mods (yet?) dad gum Z is awesome just as it/she is. i'm just an old dude grinnin' right now. i'll get pragmatic later :)

Lou,

Would I void the Nissan warranty if I did something like this guy Lou did? ;) Extended Warranty

:icon23::rofl2:

Yes that would void the warranty, what an idiot.

All in vehicle communication systems?? No dice. Thats the only stuff I would worry about.

I ended up "drinking the kool aid". I bought the extended warranty. I didn't when I bought my G35, and haven't had a single warrantable issue to date (6 years). I'm still super conflicted about having done it. A huge voice in my head is telling me I just through out a bunch of money, but then again, buying a new 370 over a 5 year old 350 made absolutely no fiscal sense either.

A friend of mine is a BMW mechanic, and he is claiming that a certain % of their 3.0L direct injection (turbo charged) engines suffer injector / fuel pump issues. Considering that this engine has only been out for a few years, any type of % of issues seems premature. (Hint, he and his co-workers consider this a gravy train, if that tells you anything.) Thus far, the bulk of these cars are still under their factory warranty, but if you're engine kills its injectors before 3 years, the next bill is on you.

As it happens, the Nissan VQ37 isn't turbocharged, so pressure issues fouling injectors and such would be less of an issue in Nissan's take on the tech as compared to BMW's. That, and more and more manufacturers are going to direct injection, which tells me that every year they are getting a little bit more ahead of the tech curve regarding this type of injection with regards to design/tolerances and how it effects durability.

All that having been said, the cost to change injectors and or fuel pumps and or anything else related isn't cheap, even if Nissan charges less per hour for repairs and less for parts than BMW, I just didn't want to have to worry about it.

In sum though, I cite above the possibility for repair, and its potential cost; hence my reference to having drank the kool aid. That's the same rethoric applied at the dealership. Everyone has their own comfort level, but I think I'm still searching for mine.

Thanks everyone for their input, it's interesting to hear everyone's thoughts and experiences.

I'm really loving my 370. At the moment I'm thinking about pulling the factory Fischer Price My First Stereo and replacing it with one of these new stereos units that does video, music, phone, Nav, Payroll, Taxes, and tracks your retirement, all via blue tooth.

crap shoot
 

like Lou posted some weeks back it's like insurance. you hate watching the money disappear but when something comes up that's covered...... you're right on time (so to speak). i'll tell you in 6 years if i am happy i bought the warranty.... there is no other way to effectively evaluate my specific decision.
hopefully my Z will seamlessly carry me into years of enjoyment. but.......
who knows. i still argue a warranty gives me some peace of mind re: all the dang chips, electronics, STUFF, etc. in the car. i'd be interested in hearing about all those who didn't opt for the warranty. as time passes might be cool to see who fared better- kool aid drinkers or those who 'knew better'

but yeah..... the Z rewls nuff sed

r

Hmm even if you did burn your clutch - you would not get that covered under warranty...

That, and if you cancel the extended warranty,. they pro-rate your return based on the purchase date of the warranty...in other words, I did not get back 100% of the amount, even though I cancelled it within 2 months.

I'm selling my altima privately when i get my Z. The extended warranty is not transferable to the new buyer, you merely get the unused portion back. given this, i dont see why having a non transferable extended warranty would make the future sale of your vehicle any more attractive for a buyer. Unless of course you have some different warranty than i am referring to?

My car buying experience was outstanding, however I had to laugh when I was offered the extended warranty. I have a 42 month lease which means I was only looking at 6 months of not being covered by the standard warranty. The dude offered to extend the warranty until the end of my lease...for the low, low price of $800. :icon18:

I couldn't blame the guy for trying. But of course I said no thank you.

Nissans/Infinitys range from "Average", to "Much Better Than Average" (such as in the case of the Z!!!). With that kinda reliability history, you really gotta weigh the economic implications of that decision. But, in the end, it's YOUR call, man.

Out of curiosity, which coverage did you buy? i am contemplating cancelling mine since it costs me an extra $1997 before the 60 days full refund canceling period is over. I chose the platinum coverage.

Thanks

It may be helpful to check w/ your insurance company and see what type of extended warranty they provide. I have Geico and opted w/ the Multi-Risk Extended Plan.

coverages that includes Comprehensive, Collision and Mechanical Breakdown Insurance (MBI).

GEICO Multi-Risk can only be added if the vehicle was purchased or leased from the dealer within the last 15 months, has an odometer reading of 15,000 miles or less, and you are the first title holder.

Multi-Risk coverage expires once the vehicle is 7 years old or reaches 100,000 miles, whichever comes first.

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. :tup:

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)

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.

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.

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.

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.

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

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.

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