ARTICLE: Extended Warranties. Yes or No?

luvjascha · 1st December 2008, 17:10

With regards to extended warranty, what is the difference between a manufacturer-backed warranty and one offered by the dealer?

Fountainheader · 7th January 2009, 16:58

Hi guys,
Any idea about the extended warranty for the Swift Zxi ? Dealer says 6k for 3rd year alone. I think thats quite steep.

asethi · 7th January 2009, 18:57

Swift already comes with 3rd year extended warranty I suppose, and its cost is already included in the ex-showroom price that dealer quotes!!
My VDi came with the one!!

GTO · 8th January 2009, 10:43

Quote:

Originally Posted by asethi

Swift already comes with 3rd year extended warranty I suppose, and its cost is already included in the ex-showroom price that dealer quotes!!
My VDi came with the one!!

Nope, he probably clubbed it into your deal. @ Fountainheader : Take coverage for a total of 4 years. The annual rate will be more reasonable then.

Porus · 8th January 2009, 12:09

I had read GTO's post ( dated may be a year back) a couple of months ago.
Then after reading all the posts on team-bhp i bought my maruti zen estillo in dec 08.
I ensured that i take the extended warranty, demanded it and got it.
I paid Rs:-4595 for for 3rd and 4th year warranty, on the purchase date itself.
Peace of mind for 80,000 kms or 4 years whichever comes first.

f1fan · 8th January 2009, 16:22

Quote:

Originally Posted by Fountainheader

Hi guys,
Any idea about the extended warranty for the Swift Zxi ? Dealer says 6k for 3rd year alone. I think thats quite steep.

I believe the dealer is trying to sell you his extended warranty plan and not the manufacturer's warranty.
For e.g. when I bought my Dzire VDI a month back, the salesperson told me that the 2 yrs additional warranty would cost me 12K. I was a little surprised and when checked noticed that he was trying to sell me the dealer's warranty. I demanded to know about MUL's extended warranty which was only 5K for 2 additional years. The guy was trying to sell his warranty claiming it was superior, etc but I went with MUL's warranty primarily bcos in that you can have repairs done at any dealer.
When we go for dealer's warranty, most of the times the work has to be done at their shop only.

My $0.02. Hope this helps.

f1fan · 8th January 2009, 16:30

Quote:

Originally Posted by luvjascha

With regards to extended warranty, what is the difference between a manufacturer-backed warranty and one offered by the dealer?

There are a lot of factors. For e.g. with MUL, the additional two years of warranty is for 40K Kms only or additional 2 yrs whichever comes first i.e. in the third year if you cross the 80K mark, the warranty will end. Some dealers in Mumbai give the third and fourth year extended warranty with unlimited miles. But the caveat is that the cars should be serviced in their workshop only for any repairs during those years and they are expensive too. MUL's two years extended warranty for a Dzire VDI was 5K for 2yrs whereas the dealer's one was 12k but they had unlimited miles coverage.
BTW dealers do give a 5th year warranty which I believe the manufacturer doesnt provide.
Another thing is that if you have manufacturer's warranty, you can get your car repaired at any of their dealers.

Fountainheader · 8th January 2009, 20:31

Thanks f1fan. Taking delivery tomo. I'll check the same with the dealer. Guess I'll have 60 days to decide which one to go for.

Eddy · 8th January 2009, 20:51

60 Days ???

I think the extended warranty pack is cheaper if you buy it with a brand new car and the price goes on increasing with time till those 60 days.

Fountainheader · 8th January 2009, 21:19

Quote:

Originally Posted by Eddy

60 Days ???

I think the extended warranty pack is cheaper if you buy it with a brand new car and the price goes on increasing with time till those 60 days.

Ah! I am lost there. The dealer had 3 rates.. 0-60 days, 61-365 days and 365-730 days.

Eddy · 9th January 2009, 11:21

Quote:

Originally Posted by Fountainheader

Ah! I am lost there. The dealer had 3 rates.. 0-60 days, 61-365 days and 365-730 days.

Oh ok. I was aware of this concept but did not remember the slabs. Looks loke you do have 60 days then.

Sahil · 9th January 2009, 13:35

does toyota offer any all inclusive maintainence plans on the Altis?

f1fan · 9th January 2009, 13:58

Quote:

Originally Posted by Fountainheader

Thanks f1fan. Taking delivery tomo. I'll check the same with the dealer. Guess I'll have 60 days to decide which one to go for.

Glad I could help. Enjoy your new ride.
Drive safe and do post some pics when you receive your car.

Cheers
f1fan

Fountainheader · 11th January 2009, 00:28

Cross checked with the dealer. Its 4995 for 3rd and 4th years. Can opt for that on the 60th day from the date of delivery too. Looks like a "peace of mind" package

marlinspike · 15th January 2009, 11:21

I got the third year extended warranty for my Fiesta. Is it a better idea to get the fpourth year warranty as well with in the first few months or is it ok to wait till the end of the third year to get it.
Third year extended cost some Rs.53xx third and fourth was Rs. 97xx

1st December 2008, 17:10	#91
luvjascha BANNED Join Date: May 2006 Location: BOM Posts: 429 Thanked: 2 Times	With regards to extended warranty, what is the difference between a manufacturer-backed warranty and one offered by the dealer?
	() Thanks

7th January 2009, 16:58	#92
Fountainheader Senior - BHPian Join Date: Feb 2008 Location: Silicon Valley Posts: 1,501 Thanked: 13 Times View My Garage	Hi guys, Any idea about the extended warranty for the Swift Zxi ? Dealer says 6k for 3rd year alone. I think thats quite steep.
	() Thanks

7th January 2009, 18:57	#93
asethi BHPian Join Date: Jul 2007 Location: Bangalore Posts: 464 Thanked: 353 Times View My Garage	Swift already comes with 3rd year extended warranty I suppose, and its cost is already included in the ex-showroom price that dealer quotes!! My VDi came with the one!!
	() Thanks

8th January 2009, 12:09	#95
Porus BHPian Join Date: Dec 2008 Location: Mumbai Posts: 57 Thanked: Once	I had read GTO's post ( dated may be a year back) a couple of months ago. Then after reading all the posts on team-bhp i bought my maruti zen estillo in dec 08. I ensured that i take the extended warranty, demanded it and got it. I paid Rs:-4595 for for 3rd and 4th year warranty, on the purchase date itself. Peace of mind for 80,000 kms or 4 years whichever comes first.
	() Thanks

8th January 2009, 20:31	#98
Fountainheader Senior - BHPian Join Date: Feb 2008 Location: Silicon Valley Posts: 1,501 Thanked: 13 Times View My Garage	Thanks f1fan. Taking delivery tomo. I'll check the same with the dealer. Guess I'll have 60 days to decide which one to go for.
	() Thanks

8th January 2009, 20:51	#99
Eddy Team-BHP Support Join Date: Apr 2007 Location: Singapore Posts: 9,573 Thanked: 14,579 Times	60 Days ??? I think the extended warranty pack is cheaper if you buy it with a brand new car and the price goes on increasing with time till those 60 days.
	() Thanks

9th January 2009, 13:35	#102
Sahil Distinguished - BHPian Join Date: May 2004 Location: Bombay Posts: 6,359 Thanked: 8,070 Times	does toyota offer any all inclusive maintainence plans on the Altis?
	() Thanks

11th January 2009, 00:28	#104
Fountainheader Senior - BHPian Join Date: Feb 2008 Location: Silicon Valley Posts: 1,501 Thanked: 13 Times View My Garage	Cross checked with the dealer. Its 4995 for 3rd and 4th years. Can opt for that on the 60th day from the date of delivery too. Looks like a "peace of mind" package
	() Thanks

15th January 2009, 11:21	#105
marlinspike BHPian Join Date: Sep 2008 Location: Bangalore Posts: 193 Thanked: 3 Times	I got the third year extended warranty for my Fiesta. Is it a better idea to get the fpourth year warranty as well with in the first few months or is it ok to wait till the end of the third year to get it. Third year extended cost some Rs.53xx third and fourth was Rs. 97xx
	() Thanks