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Extended Warranty: Did You Purchase a Nissan Warranty? How much?

Extended Warranty is were the dealer makes the money and the biggest waste of money on the consumer side!

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View Poll Results: Which Nissan Extended Warranty Did You Purchase?
Security+Plus Gold Preferred 106 32.92%
Security+Plus Gold 29 9.01%
Security+Plus Silver Preferred 6 1.86%
Security+Plus Silver 3 0.93%
Security+Plus Bronze 2 0.62%
Security+Plus Pre-Owned Preferred 4 1.24%
Security+Plus Pre-Owned+Plus 4 1.24%
Security+Plus Pre-Owned 2 0.62%
Not Interested in an Extended Warranty 143 44.41%
Purchase an Extended Warranty from a Third Party Other than Nissan 23 7.14%
Voters: 322. You may not vote on this poll

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Old 01-23-2011, 09:00 PM   #1 (permalink)
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Extended Warranty is were the dealer makes the money and the biggest waste of money on the consumer side!
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Old 01-24-2011, 12:27 AM   #2 (permalink)
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You don't say? I've never heard that before! Seriously this is a very old arguement and I'm amazed people are still making posts like this. You either love or hate extended warranties and EVERYBODY has had a different experience with them. I'll come back to this forum in 8 years when my warranty expires and let you know if I made my $1800 BACK.


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Extended Warranty is were the dealer makes the money and the biggest waste of money on the consumer side!

Last edited by dirtrat; 01-24-2011 at 12:32 AM.
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Old 01-24-2011, 09:12 AM   #3 (permalink)
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Originally Posted by dirtrat View Post
You don't say? I've never heard that before! Seriously this is a very old arguement and I'm amazed people are still making posts like this. You either love or hate extended warranties and EVERYBODY has had a different experience with them. I'll come back to this forum in 8 years when my warranty expires and let you know if I made my $1800 BACK.
Agree
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Old 02-13-2011, 11:50 PM   #4 (permalink)
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Just got back from the dealer after canceling my extended warranty.
Initially paid $2190 for 84 mo./100,00 mi. They really tried to get me to not cancel but after 20 minutes of discussion it's now canceled.

But I'm kinda having cancelers remorse?

They said that it will cost me more to buy it again later and all third party extended warranties don't cover what the original extended warranty would have. Is this true?
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Old 02-14-2011, 10:22 AM   #5 (permalink)
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Quote:
Originally Posted by dwntwnall4u View Post
Just got back from the dealer after canceling my extended warranty.
Initially paid $2190 for 84 mo./100,00 mi. They really tried to get me to not cancel but after 20 minutes of discussion it's now canceled.

But I'm kinda having cancelers remorse?

They said that it will cost me more to buy it again later and all third party extended warranties don't cover what the original extended warranty would have. Is this true?

@dwntwnall4u

I did my research when I bought the extended warranty. First I looked at a third party company i.e. Geico's extended warranty and compared it to Nissan Security Plus, and it was a no brainer.

Take a look at the following chart:

http://www.nissanextendedwarranty.co...erageChart.pdf

For the Gold-Preferred, take a look at what's covered.. Exactly, practically every major component, electrical, navigation,etc.. part on the car is warrantied.

When I went to Geico and asked to see a similar covered list, they refused to show it to me. That's when I went with Nissan's extended coverage. I got mine for 5yrs, 75,000 miles since I plan to keep it that long. Dealer was correct, the price of purchasing an extended does go up, the further you get from your purchase date, simply b/c the car has more tear and wear. So, I figured why not just get it now, and not worry about it.

To each his/or her own, but from my experiences, every extended warranty i have bought in the past has fully paid for itself by covering unexcepted major repairs.
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Old 03-06-2011, 03:02 PM   #6 (permalink)
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Just got my Official service agreement in the mail from Nissan yesterday. I got the Gold Prefered 8 year 120,000 mile warranty. I'm confused about a couple of things after reading the agreement. On the Roadside Assistance Coverage, is there a limit on how often you can use this? It doesn't go into any detail about this at all. I know with AAA I can only use it 4 times a year. Also in the back of the booklet it gives an address on where to send claims for Roadside assistance. Does this mean we have to pay for this up front and we get reimbursed?

Also Item 3 claims that Towing Coverage doesn't begin until the New Vehicle warranty expires. Does this mean we have no towing coverage in the first 3 years or am I just misunderstanding this?
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Old 03-07-2011, 07:23 PM   #7 (permalink)
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Quote:
Originally Posted by dirtrat View Post
Just got my Official service agreement in the mail from Nissan yesterday. I got the Gold Prefered 8 year 120,000 mile warranty. I'm confused about a couple of things after reading the agreement. On the Roadside Assistance Coverage, is there a limit on how often you can use this? It doesn't go into any detail about this at all. I know with AAA I can only use it 4 times a year. Also in the back of the booklet it gives an address on where to send claims for Roadside assistance. Does this mean we have to pay for this up front and we get reimbursed?

Also Item 3 claims that Towing Coverage doesn't begin until the New Vehicle warranty expires. Does this mean we have no towing coverage in the first 3 years or am I just misunderstanding this?
@dirtrat,

Got my warranty cards and pamphlet too.
Regarding the frequency of use, I believe it's unlimited unless its expressed explicitly. So my take it, use it as often as you need to. You pay upfront show your receipts and Nissan will cover costs related per incident. This is standard w/ most extended warranty included CPO warranties.




In our car user manual, it states

TOWING COVERAGE
If your vehicle is inoperative due to the failure of a
warranted part, towing service to the nearest authorized
Nissan dealer is covered for 36 months or 36,000 miles,
whichever comes first.

---

You are good w/ the factory warranty. You extended warranty covers you further, includes rental, hotel, and etc.. reimbursements..

Last edited by sucasa; 03-07-2011 at 07:25 PM.
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