Maruti Extended Warranty : Worth it ?

meerkat · 28th March 2005, 11:27

Maruti dealers are offering an option of a 3yr/60000 kms or
4yr/80000 kms extended warranty on all their vehicles at extra cost.
This is called the "Maruti Suzuki Forever Yours Extended Warranty".
Sounds good. But I remember reading somewhere that Maruti has made a
deal with some insurance company who has underwritten this extended
warranty. If true, does it have the same meaning as a company warranty?
If the extra cost is just an insurance premium, it could be just a
money-making scheme for the seller, with the expectation that the failure
rate for the covered parts are very low anyway! Does it then make much
sense going for it? Anybody has experience with such schemes ?
Anyone ever got any benefit from such a scheme ? Would like to hear
from BHPians before deciding. Thanks.

Vulken Auto · 28th March 2005, 11:45

I have it on my zen, but dont know if its really worth it. the worthiness comes when you have a problem in your vehicle. its just 3k for 2 years ,so took it. But for sure I know they dont have on every part like clutches ...........and so on . just read the ext warranty manual they give. warranties in india Suc a big time due to ethic levels I beleive.

ajmat · 28th March 2005, 11:55

If it was a ford/fiat or GM car - worth considering - being a Maruti - why bother - no problems, cheap parts so worth the risk

speedsatya · 28th March 2005, 12:05

hey meerkat,
go for it.
i had taken an extended warranty on my mpfi zen for the 3rd and 4th year.
i recently had my starter motor replaced free of charge under this warranty.
also my brake booster was replaced under the same ,as the brake pedal used to feel like a rock when the AC was on .

so the parts replaced cost more than the 5k that i spent on this extended warranty .

regarding the maruti insurance,u just have to leavea your vehicle at the garage.the insurance company will deal directly with the garage and you dont have to bother about the payments.all you have to do is to pay the excess amount that is not passed through the claim.

satya

man23ish · 28th March 2005, 12:11

I don't think the warranty is worth paying for.. The following reasons enumerate why..

1> Your warranty is void if some unauthorised mechanic/ service centre repairs your car. Imagine being stranded on a highway with a local mechanic repair shop nearby and the next authorised maruti service station some 20-30 km away..

2> Your warranty gets void if you put in some speakers, music system, fog-lights, etc..

3> You cannot put a gas-kit.

4> Incase of an accident, all your warranty is void.

5> It does not cover the parts most susceptible to wear and tear, clutch-plates, brake-pads, etc..

6> You have to pay expensive labour to the authorised service, its almost twice as that of a local mechanic.

7> The cost of parts, etc is very cheap..

Give me one good reason, why one should have a warranty for a proven car like M800.. Its just a money-making gimmick from Maruti, why they have also started offering car-driving classes to new drivers..

Heh Heh...

Manish.

meerkat · 28th March 2005, 12:14

Quote:

Originally Posted by ajmat

If it was a ford/fiat or GM car - worth considering - being a Maruti - why bother - no problems, cheap parts so worth the risk

I'm buying a Baleno, so the parts may not be all that cheap. The ext warranty
cost is 4k for 3yrs and another 4k for 4yrs. I haven't yet got a chance to
see the ext warranty manual, so don't know the parts excluded.
According to the ad the covered parts are :

Engine (all internal components),
Gear box (all internal components),
Suspension, steering land braking system,
AC & Electrical system,
Fuel system including ECU
Breakdown of components not falling under insurance
(whatever that means ! )

Does it sound worth the cost ?

amitoj · 28th March 2005, 12:37

Hey meerkat, there was a similar discussion on extended warranty some time back..

Enter the phrase "extended warranty" in Search menu and u will see it.

though this was for a palio but i hope u get some useful info out of it...

Cheers
Amitoj

meerkat · 28th March 2005, 12:52

Quote:

Originally Posted by amitoj

Hey meerkat, there was a similar discussion on extended warranty some time back..

Enter the phrase "extended warranty" in Search menu and u will see it.

though this was for a palio but i hope u get some useful info out of it...

Cheers
Amitoj

That's the first thing I did before posting :-). I was looking for something
more specific w.r.t. this insurance type coverage etc. Also I wasn't too sure
about if Fiat and Maruti would be comparable. Thanks for all the quick replies
guys. I'm still undecided though, because of opposing viewpoints :-).

-- meerkat

Vulken Auto · 28th March 2005, 13:02

Quote:

Originally Posted by man23ish

Give me one good reason, why one should have a warranty for a proven car like M800..Manish.

its just 2k hehe. A lunch at a costly restaurant .... wORTH paying for peace of mind pshycologically (if this word is spelled correct)

Revvmaster · 28th March 2005, 14:11

Vulken

Psychologically

Revv

GTO · 28th March 2005, 15:32

Meerkat,

My Esteem had a compressor failure within just a couple of months of ownership. The cost was 19,000 then, and it was replaced under goodwill warranty.

I would suggest going ahead with the extended coverage

GTO

drifter · 28th March 2005, 15:48

When the original warranty runs out...

your car is not new anymore...chances of having to replace parts is higher than when it was new. So its always better to have the extended coverage. Maybe you wont use the extended warranty...but incase of a major repair....you will thank your stars that you opted for the extended coverage.

Drifter

speedsatya · 28th March 2005, 18:13

Quote:

Originally Posted by man23ish

I don't think the warranty is worth paying for.. The following reasons enumerate why..

1> Your warranty is void if some unauthorised mechanic/ service centre repairs your car. Imagine being stranded on a highway with a local mechanic repair shop nearby and the next authorised maruti service station some 20-30 km away..

2> .

hey dude,

there is no way that you will get get stranded if you do all your regular servicings.

Your warranty gets void if you put in some speakers, music system, fog-lights, etc..

your warranty for the part that you have modified will get void.
my car has fog lamps,strut brace,a bored throttle body,headers have replaced my exhaust manifold,the air intake is differnet,the plugs are different and also the rims are of differnt size.

inspite of all these mods,i still got my warranty

still your warranty on the electricals does not get void if you get them fitted from an authorised dealer

You cannot put a gas-kit.

4> Incase of an accident, all your warranty is void.

5> It does not cover the parts most susceptible to wear and tear, clutch-plates, brake-pads, etc..

when you are putting a gas kit you are tampering with the engine.so u wont get the warranty on the engine.but the other things are still ubder warranty.

cannot comment on the accident part.

and it does not cover the normal wear and tear components as these depend on your driving style.

You have to pay expensive labour to the authorised service, its almost twice as that of a local mechanic

i think you ahve to just get over this mentality.an authorised service center will have the right tools and the right people to diagonise your faults.

i never go to any local garage however good it maybe except a MASS.one ocassion i did go to a local garage in mulund to get my balancing rod rubber bushes changed.
the person working on my car who was one of the most experienced over there, while removing my wheels ,did not use the tool properly and that @#$ bent my wheel nut on my RHS fr wheel.as as result he was not able to remove the wheel.
also he did not inform me about it and some how he managed to do his work.
now ,after
2-3 days when i went to get my wheels balanced and aligned before my mangalore trip,the tire guy was not able to remove the fr tire as it was slipping.
imagine what would have happened had i got a puncture.i would have to leave my car on the road as i could not have changed my tire by myself.
so this required me to take the car to another garage and forcibly take outwheel nut along with the stud .in doing this my rim got scratched .also as i could not get a separate MGP whele nut,i had to buy 16 wheel nuts so that all my wheel nuts could look the same.

and to my shock i also found my tool kit missing.so i had to get a new tool kit

that was the only time i went to a local garage and aslo tahtwas the last time.

The cost of parts, etc is very cheap..

you are always guaranteed of genuine parts at a company dealership workshop.

Give me one good reason, why one should have a warranty for a proven car like M800..
i think you have got more than one reason to go for an extended warranty.

Its just a money-making gimmick from Maruti, why they have also started offering car-driving classes to new drivers..

why does maruti have to resort to making money from driving classes ,when they are already doing well from cars.
the fact that they have set up a separate circuit and also have simulators is really great.
i am definitely going for it the moment its available in Mumbai.

Quote:

Originally Posted by meerkat

I'm buying a Baleno, so the parts may not be all that cheap. The ext warranty
cost is 4k for 3yrs and another 4k for 4yrs.
.

the parts of the baleno are not at all cheap.to be on the safe side ,spend 4k rather than spending 40k laterz.

cheers,

satya

DCEite · 28th March 2005, 19:45

Dont opt for extended warranty. I did make this mistake, and now my dad wont let me install a good mp3 player from outside till two more years.

speedsatya · 28th March 2005, 19:58

Quote:

Originally Posted by dceite

Dont opt for extended warranty. I did make this mistake, and now my dad wont let me install a good mp3 player from outside till two more years.

you can get attach a discman to your existing MGA Kenwood player .
so all you have to do is get a discman.

28th March 2005, 11:27	#1
meerkat BHPian Join Date: Nov 2004 Location: World Posts: 123 Thanked: 183 Times	Maruti Extended Warranty : Worth it ? Maruti dealers are offering an option of a 3yr/60000 kms or 4yr/80000 kms extended warranty on all their vehicles at extra cost. This is called the "Maruti Suzuki Forever Yours Extended Warranty". Sounds good. But I remember reading somewhere that Maruti has made a deal with some insurance company who has underwritten this extended warranty. If true, does it have the same meaning as a company warranty? If the extra cost is just an insurance premium, it could be just a money-making scheme for the seller, with the expectation that the failure rate for the covered parts are very low anyway! Does it then make much sense going for it? Anybody has experience with such schemes ? Anyone ever got any benefit from such a scheme ? Would like to hear from BHPians before deciding. Thanks.
	() Thanks

28th March 2005, 11:45	#2
Vulken Auto BHPian Join Date: Jan 2005 Location: . Posts: 545 Thanked: 263 Times	I have it on my zen, but dont know if its really worth it. the worthiness comes when you have a problem in your vehicle. its just 3k for 2 years ,so took it. But for sure I know they dont have on every part like clutches ...........and so on . just read the ext warranty manual they give. warranties in india Suc a big time due to ethic levels I beleive.
	() Thanks

28th March 2005, 11:55	#3
ajmat Team-BHP Support Join Date: Feb 2004 Location: Bangalore Posts: 14,866 Thanked: 27,981 Times View My Garage	If it was a ford/fiat or GM car - worth considering - being a Maruti - why bother - no problems, cheap parts so worth the risk
	() Thanks

28th March 2005, 12:05	#4
speedsatya Senior - BHPian Join Date: May 2004 Location: bangalore/manga Posts: 3,169 Thanked: 738 Times View My Garage	hey meerkat, go for it. i had taken an extended warranty on my mpfi zen for the 3rd and 4th year. i recently had my starter motor replaced free of charge under this warranty. also my brake booster was replaced under the same ,as the brake pedal used to feel like a rock when the AC was on . so the parts replaced cost more than the 5k that i spent on this extended warranty . regarding the maruti insurance,u just have to leavea your vehicle at the garage.the insurance company will deal directly with the garage and you dont have to bother about the payments.all you have to do is to pay the excess amount that is not passed through the claim. satya Last edited by speedsatya : 28th March 2005 at 12:06.
	() Thanks

28th March 2005, 12:11	#5
man23ish BHPian Join Date: Jan 2005 Location: Bangalore Posts: 626 Thanked: 18 Times	I don't think the warranty is worth paying for.. The following reasons enumerate why.. 1> Your warranty is void if some unauthorised mechanic/ service centre repairs your car. Imagine being stranded on a highway with a local mechanic repair shop nearby and the next authorised maruti service station some 20-30 km away.. 2> Your warranty gets void if you put in some speakers, music system, fog-lights, etc.. 3> You cannot put a gas-kit. 4> Incase of an accident, all your warranty is void. 5> It does not cover the parts most susceptible to wear and tear, clutch-plates, brake-pads, etc.. 6> You have to pay expensive labour to the authorised service, its almost twice as that of a local mechanic. 7> The cost of parts, etc is very cheap.. Give me one good reason, why one should have a warranty for a proven car like M800.. Its just a money-making gimmick from Maruti, why they have also started offering car-driving classes to new drivers.. Heh Heh... Manish.
	() Thanks

28th March 2005, 12:37	#7
amitoj Senior - BHPian Join Date: Nov 2004 Location: Windham, NH USA Posts: 3,348 Thanked: 3,105 Times View My Garage	Hey meerkat, there was a similar discussion on extended warranty some time back.. Enter the phrase "extended warranty" in Search menu and u will see it. though this was for a palio but i hope u get some useful info out of it... Cheers Amitoj Last edited by amitoj : 28th March 2005 at 12:38.
	() Thanks

28th March 2005, 14:11	#10
Revvmaster Senior - BHPian Join Date: Feb 2004 Location: Bombay Posts: 1,190 Thanked: 95 Times	Vulken Psychologically Revv Last edited by Revvmaster : 28th March 2005 at 15:10.
	() Thanks

28th March 2005, 15:32	#11
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,546 Thanked: 300,788 Times View My Garage	Meerkat, My Esteem had a compressor failure within just a couple of months of ownership. The cost was 19,000 then, and it was replaced under goodwill warranty. I would suggest going ahead with the extended coverage GTO
	() Thanks

28th March 2005, 15:48	#12
drifter Senior - BHPian Join Date: Sep 2004 Location: Bombay Posts: 1,488 Thanked: 75 Times View My Garage	When the original warranty runs out... your car is not new anymore...chances of having to replace parts is higher than when it was new. So its always better to have the extended coverage. Maybe you wont use the extended warranty...but incase of a major repair....you will thank your stars that you opted for the extended coverage. Drifter
	() Thanks

28th March 2005, 19:45	#14
DCEite Senior - BHPian Join Date: Sep 2004 Location: NCR Posts: 3,418 Thanked: 2,567 Times	Dont opt for extended warranty. I did make this mistake, and now my dad wont let me install a good mp3 player from outside till two more years.
	() Thanks