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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

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Old 02-11-2010, 08:48 PM   #1 (permalink)
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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?
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Old 02-11-2010, 09:57 PM   #2 (permalink)
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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
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Old 02-11-2010, 09:58 PM   #3 (permalink)
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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?
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Old 02-11-2010, 10:24 PM   #4 (permalink)
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Extended Warranty = Salesman's Upsell = FTL
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Old 02-11-2010, 11:00 PM   #5 (permalink)
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Old 02-11-2010, 11:01 PM   #6 (permalink)
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Exclamation warranty & high tech..................

Quote:
Originally Posted by cfoster View Post
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?
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.

.
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Old 02-12-2010, 10:48 AM   #7 (permalink)
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Quote:
Originally Posted by shoopajae10 View Post
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?

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.
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Old 02-12-2010, 11:12 AM   #8 (permalink)
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I hope the guy clicked Dad's link!
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Old 02-13-2010, 01:05 PM   #9 (permalink)
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Quote:
Originally Posted by jrniehaus View Post
.... ..
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.
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Old 02-13-2010, 04:02 PM   #10 (permalink)
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Originally Posted by jrniehaus View Post
You are correct, with aftermarket warranties. I offer only Nissan Warranties from the manufacturer and they pro-rate coverage from the purchase date of the vehicle. And it overlaps your existing coverage(which is defects only) so that you are completely covered even if not a defect.

Thanks for pointing that out because some coverages suck that aren't nissan.
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Old 02-14-2010, 10:00 PM   #11 (permalink)
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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..
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Old 02-14-2010, 11:12 PM   #12 (permalink)
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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.
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Old 02-20-2010, 10:03 PM   #13 (permalink)
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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.
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Old 03-08-2010, 09:56 AM   #14 (permalink)
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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.
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Old 03-08-2010, 11:39 AM   #15 (permalink)
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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!
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