Genuine GM Platinum Extended Warranty Pricing

[securityguy]

I just thought I'd post the latest $0 deductible warranty pricing from Knapp. They offer a 20% down...FREE FINANCING for 12 months on all warranty purchases.

 

[The_Q]

If you're a veteran or first responder, they offer a $100 discount.

 

[Blazer88]

I just thought I'd post the latest $0 deductible warranty pricing from Knapp. They offer a 20% down...FREE FINANCING for 12 months on all warranty purchases.

View attachment 4291

Thanks those are great prices.

 

[Kaholik24]

If you have Geico and buy new you have a 7 year 100K miles extended warranty. Costs $25 a month

 

[newcarpro]

If you have Geico and buy new you have a 7 year 100K miles extended warranty. Costs $25 a month

Depending on the term that may come out to much more than the quotes above.

 

[Kaholik24]

Depending on the term that may come out to much more than the quotes above.

How is that when the cheapest one above is $74.27 per month. Thats 3 times what I am paying

 

[newcarpro]

How is that when the cheapest one above is $74.27 per month. Thats 3 times what I am paying

These quotes are for 12 month finances, so; $74.27 x12 =$891.24, plus the 20% down of $222.80 = $1,114.04 in total.
Vs. $25 x48 months = $1,200.00.
This example doesn't come out to much more, though some other examples will come out to a nice few hundo more.

 

[MNNJR69]

I paid cash for my truck and 3.5k for the 86/125,000 with 100 deductible

 

[securityguy]

I paid cash for my truck and 3.5k for the 86/125,000 with 100 deductible

That's WAY too much to pay for a warranty IMPO...especially since it's a third-party and not a Genuine GM Platinum Plan.

 

[securityguy]

These quotes are for 12 month finances, so; $74.27 x12 =$891.24, plus the 20% down of $222.80 = $1,114.04 in total.
Vs. $25 x48 months = $1,200.00.
This example doesn't come out to much more, though some other examples will come out to a nice few hundo more.

In addition, I believe the Geico plan has a $250 deductible and not a ZERO. I looked into it once and decided it wasn't as great a value as it appears.

 

[WTJOE]

I just thought I'd post the latest $0 deductible warranty pricing from Knapp. They offer a 20% down...FREE FINANCING for 12 months on all warranty purchases.

View attachment 4291

These are great prices. I tried to buy one last night but since I live in Florida they couldn't write it so they refunded my money. I have to purchase it through a dealer but was told to take my quote in for them to match price...maybe.

 

[newcarpro]

In addition, I believe the Geico plan has a $250 deductible and not a ZERO. I looked into it once and decided it wasn't as great a value as it appears.

Good info, ty.

 

[securityguy]

These are great prices. I tried to buy one last night but since I live in Florida they couldn't write it so they refunded my money. I have to purchase it through a dealer but was told to take my quote in for them to match price...maybe.

I live in FL too. PM me and I'll share a workaround with you that will work 100%. In FL, extended warranties are controlled by the State Insurance Commission and are not discountable by law, so a dealer cannot price match.

 

[Blazer88]

I live in FL too. PM me and I'll share a workaround with you that will work 100%. In FL, extended warranties are controlled by the State Insurance Commission and are not discountable by law, so a dealer cannot price match.

California is the same way.

 

[MNNJR69]

That's WAY too much to pay for a warranty IMPO...especially since it's a third-party and not a Genuine GM Platinum Plan.

It is the GM extended warranty, not a 3rd party. Bumper to Bumper with 100 deductable

 

[securityguy]

It is the GM extended warranty, not a 3rd party. Bumper to Bumper with 100 deductable

GM does not have a plan like this: "86/125,000 with 100 deductible". Therefore, it cannot be a GM Plan. I believe that GM Plans max out at 100K miles. Can you post a pic of what you bought?

 

[MNNJR69]

Sorry I was wrong, just reading the papaerwork....it's from Portfolio

 

[securityguy]

Sorry I was wrong, just reading the papaerwork....it's from Portfolio

Unless you are hell bent on coverage up to 125K miles, I'd get your money back if it's within the cancellation policy and buy a Genuine GM plan from Knapp. 8 years, $0 deductible, 100K miles = $2211 that you can spread out over 12 months interest free after 20% down. 84 month plan is only $2089. You WAY overpaid at $3500 for a third-party.

 

[MNNJR69]

Unless you are hell bent on coverage up to 125K miles, I'd get your money back if it's within the cancellation policy and buy a Genuine GM plan from Knapp. 8 years, $0 deductible, 100K miles = $2211 that you can spread out over 12 months interest free after 20% down. 84 month plan is only $2089. You WAY overpaid at $3500 for a third-party.

It was for the warranty, 3 yr theft/recovery and the ceramic coat

 

[securityguy]

It was for the warranty, 3 yr theft/recovery and the ceramic coat

OK...you never said that. As an aside...NEVER buy that crap from a dealer. You can do MUCH better outsourcing it yourself.