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Extended Warranty: Did You Purchase a Nissan Warranty? How much?

Just purchased the 370Z Gold Preferred 96 month / 100,000 mile warranty for $1,421

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View Poll Results: Which Nissan Extended Warranty Did You Purchase?
Security+Plus Gold Preferred 106 32.92%
Security+Plus Gold 29 9.01%
Security+Plus Silver Preferred 6 1.86%
Security+Plus Silver 3 0.93%
Security+Plus Bronze 2 0.62%
Security+Plus Pre-Owned Preferred 4 1.24%
Security+Plus Pre-Owned+Plus 4 1.24%
Security+Plus Pre-Owned 2 0.62%
Not Interested in an Extended Warranty 143 44.41%
Purchase an Extended Warranty from a Third Party Other than Nissan 23 7.14%
Voters: 322. You may not vote on this poll

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Old 03-31-2011, 08:06 PM   #1 (permalink)
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Just purchased the 370Z Gold Preferred 96 month / 100,000 mile warranty for $1,421
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Old 04-07-2011, 03:39 AM   #2 (permalink)
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Quote:
Originally Posted by 11Thumper View Post
Just purchased the 370Z Gold Preferred 96 month / 100,000 mile warranty for $1,421
From where?

Quote:
Originally Posted by sucasa View Post
Covered components for Preferred
1,950+
24-hour roadside assistance, trip-interruption benefits


Covered components for Gold
1,350+
No trip interruption benefits (hotel, meals, gas).etc..

**(may be important and wise to get if car gets stranded in some off-beat area) and u need accommodations/meals..
Hi sucasa, I think you might be confusing GOLD with Silver plus. Take a look:


Gold preferred = 1954
Gold = 1816 (BTW, the difference is MOSTLY Audio and navigation stuff which is worthless if you have aftermarket stuff)
Silver Preffered = 1349 (you are probably confusing this with Gold).



Well, I have just rolled over 33,000 miles and it has just been 2 years 1 week! I know I drive a lot. So, I'm looking to extend my coverage. Can you guys PLEASE share where you bought yours from and anyone with a little high mileage like me, how much I should pay (ball park so that I don't overpay?) I DID read the thread and planning on calling the socal dealer tomm but I am still looking for more options. I wonder if Panda Lou can help? hmmm

I think I want the GOLD option (not Gold preffered) because the difference is mostly audio-vido-nav components and extra rental/lodging compensation. I am fine without both because a. I rarely go outside state. B. I have aftermarket nav. With the extra money that I'll save keeping GOLD, I rather get more month (84 instead of 72 months) or 120K miles instead of 100K. here's a pamphlet that explains the difference

What you guys thought?
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Old 04-08-2011, 12:40 AM   #3 (permalink)
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AK370Z, sent you PM yesterday.
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Old 04-14-2011, 09:50 AM   #4 (permalink)
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dirtrat

I am planning on picking up my Z this weekend. Can you PM me also on the dealership selling the Gold Preferred warranties? I am a newbie and looking forward to getting my first Z car. Thanks
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Old 04-14-2011, 08:52 PM   #5 (permalink)
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Can any member that has the name/ phone number of this California dealership please pm me. I would greatly appreciate the help.

Last edited by SS66; 04-14-2011 at 08:55 PM.
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Old 04-16-2011, 08:07 PM   #6 (permalink)
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Sent you PM


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Can any member that has the name/ phone number of this California dealership please pm me. I would greatly appreciate the help.
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Old 04-18-2011, 09:29 AM   #7 (permalink)
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I bought an extended Warranty through my bank who I financed the car with (Tropical Financial). I bought it for $1,625.00 which is for 7 years/100k mile transferable insurance with no deductable per claim. can't beat it.
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Old 04-19-2011, 06:31 PM   #8 (permalink)
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I'm not trying to promote Nissan's warranty here by any means but for $1,442.00 you could have got the Nissan Gold prefered warranty with only a $50 deductible. I'll bet this would cover more parts and give you better coverage and it's also tranferable so I really do think you could beat the price you got! This is Nissan's top tier warranty with unlimited Roadside assistance, trip interuption insurance and a car rental for up to 5 days. It also covers Belts and Hoses. I'm not a big fan of third party warranties but again all of this is just my opinion.



Quote:
Originally Posted by robones View Post
I bought an extended Warranty through my bank who I financed the car with (Tropical Financial). I bought it for $1,625.00 which is for 7 years/100k mile transferable insurance with no deductable per claim. can't beat it.
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Old 04-20-2011, 07:41 PM   #9 (permalink)
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Group,

I just want to know if anyone residing outside the state California has experienced any issues with their extended warranties purchased through a mentioned California dealership? I do not want to repeat any negative hear say because I believe the rumor to be untrue. I am considering an extended warranty purchase through them. PM me if you have something to share. Thanks
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Old 07-28-2011, 07:39 PM   #10 (permalink)
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Quote:
Originally Posted by dirtrat View Post
I'm not trying to promote Nissan's warranty here by any means but for $1,442.00 you could have got the Nissan Gold prefered warranty with only a $50 deductible. I'll bet this would cover more parts and give you better coverage and it's also tranferable so I really do think you could beat the price you got! This is Nissan's top tier warranty with unlimited Roadside assistance, trip interuption insurance and a car rental for up to 5 days. It also covers Belts and Hoses. I'm not a big fan of third party warranties but again all of this is just my opinion.
The insurance I got is full coverage bumper to bumper through Mercury Insurance. One of the biggest insurance companies in the U.S. so you wont get swindled. Plus no deductible per claim. Just adding $50.00 of the deductible to Nissan's Gold preferred warranty of $1,442.00 already has you at almost $1,500.00 anyways.
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Old 08-06-2011, 12:06 AM   #11 (permalink)
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GREAT! good luck with that.


Quote:
Originally Posted by robones View Post
The insurance I got is full coverage bumper to bumper through Mercury Insurance. One of the biggest insurance companies in the U.S. so you wont get swindled. Plus no deductible per claim. Just adding $50.00 of the deductible to Nissan's Gold preferred warranty of $1,442.00 already has you at almost $1,500.00 anyways.
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Old 04-18-2011, 06:40 PM   #12 (permalink)
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I didn't purchase an extended warranty. I never have purchased an extended warranty for any of the cars/trucks I have ever bought. But, I might look into one for the Z before my 3/36 expires as it is my first convertible...
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Old 04-21-2011, 05:06 PM   #13 (permalink)
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does anyone have a link to what the gold preferred specifically covers. also if checking the car for any problems free with this warranty?
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Old 04-25-2011, 10:43 PM   #14 (permalink)
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Hi All, I am a Finance Manager at a Honda dealership and I am happy to answer any questions folks may have about vehicle service contracts (within reason, I don't want to come home from work and keep working LOL).

This will sound like a sales pitch because at the end of the day it's what I have to do all day. It's a bit long winded but I hope I can shed some light on things, and as a fellow Z owner I can give you the impartial answer to any questions if you feel a finance manager has been unscrupulous with you.

I will put my two bits in as well since we are talking about Nissans and not Hondas. I have purchased a vehicle service contract on every vehicle I have owned except two vehicles that I leased for 3 years/36,000 miles. (people call them extended warranties, but this is misleading as the only thing that can be called a warranty is the one from the factory. Not even factory "extended warranties" can be called warranties. What comes with the car for "free" (trust me you pay for this as part of a new car's price) is the warranty. Anything purchased with the vehicle is a service contract.

That being said, you will want to look for a first party VSC, not a 3rd party. This includes the manufacturers service contracts as well as a handful of other reputable service contract companies. (Zurich and Nationwide for example are both excellent and usually better than the manufacturer for lots of reasons which I can explain if anyone cares). These are considered 1st party not because they bear the name of the manufacturer, but because they underwrite their own policies. What this means to you is that they sell the service contract and they also pay out the claims. 3rd party refers to a service contract company that sells a service contract which is under written by a different insurance company. This can be bad for many reasons, one of which is they could go out of business and the under writing company is under no legal responsibility to pay out claims!

Contrary to what some people still believe, vehicle service contracts are extremely smart purchases and relatively speaking cheap insurance policies. What man makes man can break, and visit your local car dealership and it isn't hard to tell where the money is made, the service department. These cars are complex, have more parts than ever, have more computers, sensors, chips, motors, electronics, and gadgets and accessories than ever before. Take a second to look up the cost of many parts on these cars and you will be dismayed at just how much it costs to replace or fix them. Honda's labor rates in my area are $105 an hour, diagnostics $105 an hour, and then add the cost of parts to that.

Yes, you might never use your VSC.
That is entirely possible. But studies show that of all insurance policies you can get, you are more likely to use a service contract than most other polcies, and it is less expensive as well than most insurance out there.

Ask yourself this. If AAA charges $90 per year for the Plus membership (100 miles of towing, 4 calls per year, etc.), multiply that out by 8 years if the AAA cost was to stay the same, and you have $720 dollars spent for just roadside assistance which comes for free and unlimited with good service contracts. Would you pay another $900 more to have almost every part and component fixed for $100 or $50 dollar deductibles for 8 years 100k or 120k miles?

I will answer yes every time. People spend fortunes on accessories and mods and all sorts of stuff. Yes you might never use your service contract. But I can guarantee if you don't have one and something breaks you will be one sad individual when the realty of what they are going to charge to fix your Z hits you.

I just purchased a used 2010 Titan and a new 370Z Roadster and they both have vehicle service contracts on them for 8 years. People can believe what they want, go ahead listen to those who tell you not to buy one. Will they pay to fix your car when something happens to it? Ultimately you should decide if that thought makes you uncomfortable, let them fix their own car if they wish but you have to decide what scenario you feel more comfortable about.

One last thing. For those who don't believe a "warranty" is a good idea I'll make you this offer. I will pay you the $43 bucks a month for 5 years that I am paying, and you sign something promising to fix any part that fails on my car under the "bumper to bumper" plan and come unlock my car when I lock my keys in it and change my tire and tow me at 2am. Sound like a fair trade? ;o)
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Old 05-05-2011, 05:16 PM   #15 (permalink)
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Quote:
Originally Posted by WithoutAdoubt View Post
Hi All, I am a Finance Manager at a Honda dealership and I am happy to answer any questions folks may have about vehicle service contracts (within reason, I don't want to come home from work and keep working LOL).

This will sound like a sales pitch because at the end of the day it's what I have to do all day. It's a bit long winded but I hope I can shed some light on things, and as a fellow Z owner I can give you the impartial answer to any questions if you feel a finance manager has been unscrupulous with you.

I will put my two bits in as well since we are talking about Nissans and not Hondas. I have purchased a vehicle service contract on every vehicle I have owned except two vehicles that I leased for 3 years/36,000 miles. (people call them extended warranties, but this is misleading as the only thing that can be called a warranty is the one from the factory. Not even factory "extended warranties" can be called warranties. What comes with the car for "free" (trust me you pay for this as part of a new car's price) is the warranty. Anything purchased with the vehicle is a service contract.

That being said, you will want to look for a first party VSC, not a 3rd party. This includes the manufacturers service contracts as well as a handful of other reputable service contract companies. (Zurich and Nationwide for example are both excellent and usually better than the manufacturer for lots of reasons which I can explain if anyone cares). These are considered 1st party not because they bear the name of the manufacturer, but because they underwrite their own policies. What this means to you is that they sell the service contract and they also pay out the claims. 3rd party refers to a service contract company that sells a service contract which is under written by a different insurance company. This can be bad for many reasons, one of which is they could go out of business and the under writing company is under no legal responsibility to pay out claims!

Contrary to what some people still believe, vehicle service contracts are extremely smart purchases and relatively speaking cheap insurance policies. What man makes man can break, and visit your local car dealership and it isn't hard to tell where the money is made, the service department. These cars are complex, have more parts than ever, have more computers, sensors, chips, motors, electronics, and gadgets and accessories than ever before. Take a second to look up the cost of many parts on these cars and you will be dismayed at just how much it costs to replace or fix them. Honda's labor rates in my area are $105 an hour, diagnostics $105 an hour, and then add the cost of parts to that.

Yes, you might never use your VSC.
That is entirely possible. But studies show that of all insurance policies you can get, you are more likely to use a service contract than most other polcies, and it is less expensive as well than most insurance out there.

Ask yourself this. If AAA charges $90 per year for the Plus membership (100 miles of towing, 4 calls per year, etc.), multiply that out by 8 years if the AAA cost was to stay the same, and you have $720 dollars spent for just roadside assistance which comes for free and unlimited with good service contracts. Would you pay another $900 more to have almost every part and component fixed for $100 or $50 dollar deductibles for 8 years 100k or 120k miles?

I will answer yes every time. People spend fortunes on accessories and mods and all sorts of stuff. Yes you might never use your service contract. But I can guarantee if you don't have one and something breaks you will be one sad individual when the realty of what they are going to charge to fix your Z hits you.

I just purchased a used 2010 Titan and a new 370Z Roadster and they both have vehicle service contracts on them for 8 years. People can believe what they want, go ahead listen to those who tell you not to buy one. Will they pay to fix your car when something happens to it? Ultimately you should decide if that thought makes you uncomfortable, let them fix their own car if they wish but you have to decide what scenario you feel more comfortable about.

One last thing. For those who don't believe a "warranty" is a good idea I'll make you this offer. I will pay you the $43 bucks a month for 5 years that I am paying, and you sign something promising to fix any part that fails on my car under the "bumper to bumper" plan and come unlock my car when I lock my keys in it and change my tire and tow me at 2am. Sound like a fair trade? ;o)
That's why I got the VSC for my 2005 S2000 and my 2011 370Z. Now since you work for a Honda dealership can you get them to warranty the top on my S2000? The mechanical roof system tears tops all the time and dealerships NEVER admit to it.
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