Extended Warranties

Uncommon Sense

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Location
Chicago
Current Rides
Sting Gray 392XR
So finally got word that my XR has finally arrived at dealership! The dealer is asking if I am interested in an extended warranty. To be honest, I've never purchased one before, but leaning towards it. However, I am not sure as to if the cost being offered is fair, etc. They are offering an 8 year/125k extended warranty for $2595.

My understanding is that Jeeps basic warranty is 3 years / 36,000. I am planning to keep my 392 a long time. I usually keep cars 7 to 10 years or so. Other than my Acura Integra, every other vehicle I've owned sure enough has a few failures within then 6-10 year time frame and the warranty would have paid for itself.

I generally only drive maybe 10k/miles a year and that might be high now a days. I'd be surprised if I really drive more than 7500. The 392 will be a daily driver for me. So I'll hit the 8 years before I hit 125k miles most likely.

Thoughts?
 
So finally got word that my XR has finally arrived at dealership! The dealer is asking if I am interested in an extended warranty. To be honest, I've never purchased one before, but leaning towards it. However, I am not sure as to if the cost being offered is fair, etc. They are offering an 8 year/125k extended warranty for $2595.

My understanding is that Jeeps basic warranty is 3 years / 36,000. I am planning to keep my 392 a long time. I usually keep cars 7 to 10 years or so. Other than my Acura Integra, every other vehicle I've owned sure enough has a few failures within then 6-10 year time frame and the warranty would have paid for itself.

I generally only drive maybe 10k/miles a year and that might be high now a days. I'd be surprised if I really drive more than 7500. The 392 will be a daily driver for me. So I'll hit the 8 years before I hit 125k miles most likely.

Thoughts?
I'd say make sure you go with a lower mileage option to save you some money based upon your driving habits.

Sounds like a fair price.

We are now offering plans for $50 over cost too. I'm not sure which dealer you ordered from, but dropping down to 100,000 miles saves you $700 on the Mopar plan.
 
I'd say make sure you go with a lower mileage option to save you some money based upon your driving habits.

Sounds like a fair price.

We are now offering plans for $50 over cost too. I'm not sure which dealer you ordered from, but dropping down to 100,000 miles saves you $700 on the Mopar plan.

Thanks. Will be reducing mileage.
 
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