Purchasing a Volt extended warranty ... advices?

[frankydude]

Hi, folks,
I just made a purchase of a MY 2011 Volt with less than 4000 milles that was used as a dealer demo.
The in service date was march 2011, so there is already one year of warranty that is used up.

I would like to have the advise of fellow owners about the price they paid for a GM warranty extention,
and for how much time did they bought that extention?
(What extention periods were available?)

Thanks,

Francois
B-2653

[MrEnergyCzar]

I didn't get one but the extended GM guard to 8 years/100K should range between $1,400 - $1,800... generally these things are 80% mark-up profit, if they didn't make profit, they should really cost a few hundred...

MrEnergyCzar

[Henry_FL]

If I was to own ( I leased ) and plan to keep the vehicle, with all the complexity of this vehicle, it would only take one or two repairs to cover the cost of extended warranty, there is no way I would own this car without one, this is coming from someone whom never has had and extended warranty and advises strongly against them. Keep in mind, all work will forever be dealers for the Volt, unlike most cars that can be services at independents, saving costs

[WVhybrid]

Always check the FAQ. There is a good discussion of extended warranties at:

http://gm-volt.com/forum/showthread....0623#post50623

You can also reach this thread from the ChrisC FAQ, which is linked at the bottom of my signature.

WVhybrid

[Steverino]

To get the "new car" rate you must buy before 12,000 miles or one year. Buying at the tail end of 12k or 12 months (whichever comes first) makes more sense than buying immediately as you'll get slightly longer coverage.

48 mo/100k mi
1) $0 deductible = $1155
2) $100 deductible = $995

60 mo/100k mi
1) $0 deductible = $1355
2) $100 deductible = $1150

The $0 deductible eliminates funny business when it comes to what's part of the deductible and what isn't.
insider-car-buying-tips.com

[RScott]

I just made a purchase of a MY 2011 Volt with less than 4000 milles that was used as a dealer demo.
The in service date was march 2011, so there is already one year of warranty that is used up.

The warranty should start from the day you bought the car. Demos are legally treated as new cars (at least as far as the IRS is concerned for accounting purposes). The 4,000 miles will count the same as if you had driven them, but the warranty timing should not be based on when the dealer got the car. Otherwise, you'd always get a warranty slightly shorter than the full advertised warranty (e.g. if you bought a car a week after a dealer got it, you'd get, say, a 2 year 51 week warranty, which doesn't happen).

[larry4pyro]

Shop online, you can save a bundle.

[saghost]

As alluded to here, and mentioned in the FAQ, GM's extended warranties have price breaks based on time/mileage. If you plan to keep the car, it makes the most sense to buy the warranty right before one of those breaks, because the warranty is based on the day you buy it and the mileage at that time, rather than the day/mileage you bought the car at (wacky system, but if it makes them happy...)

[AySz88]

Out of curiosity, does anyone know what the prices are when a Volt is nearing the end of the 36-month warranty? I'm wondering about getting an extension at 34 or 35 months.