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Old 02-08-2011, 07:47 PM   #36 (permalink)
dirtrat
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Join Date: Dec 2010
Location: Sacramento
Posts: 170
Drives: 2011 370Z/Touring/Sp
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Not only is my Nissan Extended warranty NOT a third party warranty, it also covers Belts and Hoses, Nav and Stereo and 24 hours a day, and 365 days a year Roadside Assistance and Trip Interruption Coverage up to $500 PLUS Enhanced towing and rental car reimbursement of up to 5 days and $175. I really don't understand why you think all factory warranties are third party warranties just because your Mazda warranty was. Before this car I had a Toyota FACTORY warranty and it was not a third party warranty. My warranty agreement is between me and Nissan. I'm here to discuss the NISSAN warranty, not other cars warranties. Just because you have had bad extended warranty experiences doesn't mean everyone else has. I understand that there are varying opinions on this and everyone has had different experiences but while an extended warranty may not be right for you it might be good for someone else. BTW if I decide to sell my car the warranty is transferable which will increase the sale price of my car. Read all about the Security Plus Gold Prefered plan below:

http://www.nissanusa.com/content/dam...-plan/Gold.pdf










Quote:
Originally Posted by spearfish25 View Post
We just bought a Mazda and I called MazdaUSA to inquire about their 'factory warranty'. They actually use a third party. Better call Nissan USA before you settle for thinking your warranty is directly through Nissan. Also, read your exclusions carefully to see if your nav is covered. As I said before, many aftermarket warranties exclude nav systems.

Here's why I opted out of an extended warranty:
1) Claims aren't necessarily fulfilled in full. For example, they can say the quoted work rate is 'above the norm' and only reimburse for part of your repairs.
2) Third party companies can and frequently do go bankrupt. Then you bought a policy that is nothing more than the paper in your hands.
3) Repairs for parts that are damaged due to uncovered item failure aren't covered. If a radiator hose cracks and your engine overheats and cooks the seals, you won't be covered for engine repairs as the policies don't cover hoses...the source of the problem.
4) I won't necessarily keep my car long enough to have costly problems.
5) If many parts of my car fail, I'd probably upgrade them anyway (brake calipers, diff, suspension, etc) or they wouldn't be covered (clutch).

It's six of one, half a dozen of the other. But don't think you're protecting yourself fully by purchasing an extended plan. If you buy a problem-prone car, it may be in your favor to get a policy.
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