My Deal // Extended Warranty Prices

9867 Views 14 Replies 9 Participants Last post by Shark71, Sep 11, 2020

michaelk

Discussion Starter · Feb 28, 2018 (Edited)

Putting some numbers in the below, particularly to see if the extended warranty and wheels/tires coverage pricing seems reasonable based on experiences of others.

I just purchased a loaded Sport AWD here in the states. Was able to get about $5500 off MSRP plus $3250 in rebates (including USAA and Conquest). I feel pretty good about it, please don't rain on my parade

I'm, trying to decide on wheel protection and separately extended warranty (as I drive ALOT of miles weekly due to remote work location). Here's what I'm pondering with pricing from dealer:

Wheels/ Tires: $795 ($1084 list) 5 year unlimited mileage or $995 ($1293 list) 6 year unlimited mileage

Extended Warranty: $2695 ($2935 list) for 5 year / 100K; $2995 (3315 list) for 5 year $125K); $3295 ($3685 list) for 6 year / 125K

Just not much data out there on pricing to determine if this is about what it should be. I searched, and did see another post at $700 for wheels coverage.

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SocalStelvio

· #2 · Feb 28, 2018

michaelk said:
Putting some numbers in the below, particularly to see if the extended warranty and wheels/tires coverage pricing seems reasonable based on experiences of others.

I just purchased a loaded Sport AWD here in the states. Was able to get about $5500 off MSRP plus $3250 in rebates (including USAA and Conquest). I feel pretty good about it, please don't rain on my parade /forum/images/smilies/wink.gif

I'm, trying to decide on wheel protection and separately extended warranty (as I drive ALOT of miles weekly due to remote work location). Here's what I'm pondering with pricing from dealer:

Wheels/ Tires: $795 ($1084 list) 5 year unlimited mileage or $995 ($1293 list) 6 year unlimited mileage

Extended Warranty: $2695 ($2935 list) for 5 year / 100K; $2995 (3315 list) for 5 year $125K); $3295 ($3685 list) for 6 year / 125K

Just not much data out there on pricing to determine if this is about what it should be. I searched, and did see another post at $700 for wheels coverage.

Have you checked http://www.chryslerfactoryplans.com/? Not sure if they have wheel coverage, but they do have the Mopar coverage for Alfa as well as dent and glass protection. I've bought from them before for a fiat a while ago and they were cheapest at that time. You can try to get a quote under the "other car" and select Alfa... It should give you an immediate quote.

Reactions: 3

Flunx

· #3 · May 2, 2018

I asked for extended warranty.
Here in Portugal (Europe).. 2000€ for +2 years full waranty. (from 2 years to 4 year)

Endeavour32

· #4 · Oct 28, 2018

SocalStelvio said:
Have you checked Save $$ on Genuine Mopar Vehicle Protection Warranty Plan! Not sure if they have wheel coverage, but they do have the Mopar coverage for Alfa as well as dent and glass protection. I've bought from them before for a fiat a while ago and they were cheapest at that time. You can try to get a quote under the "other car" and select Alfa... It should give you an immediate quote.

Thanks for posting this! I was getting ready to buy an extended warranty for my Stelvio. I was being told I would need to buy it within the first week, if I wanted the lowest rate. No so with what you posted and $1000 less! Thanks again.

ViscontiVerde 164L*

· #5 · Oct 28, 2018

Save all those funds and add to your retirement account. You will win many fold in the long run

Reactions: 2

ViscontiVerde 164L*

· #6 · Oct 29, 2018

They wouldn't sell them if they didn't make money on them. Forget this 1 car. If you took , let's call it only $2000/car for the warranty crap and you replace car every 3 years that's $30000...btw its more. No add alll the appliances, etc and it can easily be over $50000 over that 30 year period.. Use the rule of 7s and you guess how much you'd have!! Can you say Lamborghini??

Reactions: 1

ifly4fun

· #7 · Oct 29, 2018

ViscontiVerde 164L* said:
They wouldn't sell them if they didn't make money on them. Forget this 1 car. If you took , let's call it only $2000/car for the warranty crap and you replace car every 3 years that's $30000...btw its more. No add alll the appliances, etc and it can easily be over $50000 over that 30 year period.. Use the rule of 7s and you guess how much you'd have!! Can you say Lamborghini??

You're forgetting to subtract out the repairs you need to pay for. Generally - I never buy a warranty. ever. My last car - a Ford which has a better than average service record, had the a/c compressor fail in the first 36k.. left a bad taste in my mouth so I bought a ford ESP after the fact (and yeah, used an online dealer ship, so 7yr 125k for $1100). Over the next 4 years I had the transmission replaced 3 times, Rack and pinion assisted steering, catalytic converter and some valve associated with it, and finally the MyFord Touch infotainment system failed which was the last straw so I traded it for the stelvio. Had I not bought the ESP - those easily would have exceeded $10k.

Like anything, its an insurance policy. you roll the dice...

Reactions: 1

ViscontiVerde 164L*

· #8 · Oct 29, 2018

A car that unreliable gets traded in pronto. I would NEVER have kept that car because it is apparent your dealership mechanics suck. Considering the $50-100,000 I am ahead over my lifetime you can leave that dud on the side of the road, start again and still be ahead. My point is it is an across the board lifestyle. Add up what you have saved on all the warranties you turned down.

lost1750GTV

· #9 · Oct 29, 2018

although I'm pretty firmly in the "don't insure for any expenses you could cover' camp, I'm also (now) in the keep cars for ten plus years group.
the offers on our bmw's kept coming for many years after the warranties expired, so I'll be watching high mileage users to see what they encounter.
maybe I won't have a need for an suv by then, who knows?

in the same vein as "can you say lamborghini", I never understood why people would prepay interest compounded on a 30 year mortgage when they typically keep a house less than 7 years. bad enough you have to pay for amortization you aren't getting the use of, but to give more of your $ in advance .....

ViscontiVerde 164L*

· #10 · Oct 29, 2018

lost1750GTV said:
although I'm pretty firmly in the "don't insure for any expenses you could cover' camp, I'm also (now) in the keep cars for ten plus years group.
the offers on our bmw's kept coming for many years after the warranties expired, so I'll be watching high mileage users to see what they encounter.
maybe I won't have a need for an suv by then, who knows?

in the same vein as "can you say lamborghini", I never understood why people would prepay interest compounded on a 30 year mortgage when they typically keep a house less than 7 years. bad enough you have to pay for amortization you aren't getting the use of, but to give more of your $ in advance .....

Depending on the rates, I am a big fan of OPM. Adding more payments to principle or refinancing from 30 to 15 years ASAP makes sense to me.

lost1750GTV

· #11 · Oct 29, 2018

a bit of a contradiction there - "big fan" would infer as much, as long.

I favor the second half, reduce the amounts compounded over a long term. even at low rates it's a big chunk of interest being paid, front end loaded, based on a time span few will have the funds (or the house) for.

Reactions: 1

ViscontiVerde 164L*

· #12 · Oct 30, 2018

Lost , you and I are looking at the 2 ends of the ideal mortgage. You want the absolutr lowest rares? and I want to shorten the term by additional principle loading . I am not a financial guru here but I think?? the end result is to pay less interest over the term. I get your idea!!

lost1750GTV

· #13 · Oct 30, 2018

both of the above.
it works, I don't have a mortgage.

fast_dave

· #14 · Aug 26, 2020

SocalStelvio said:
Have you checked Save $$ on Genuine Mopar Vehicle Protection Warranty Plan! Not sure if they have wheel coverage, but they do have the Mopar coverage for Alfa as well as dent and glass protection. I've bought from them before for a fiat a while ago and they were cheapest at that time. You can try to get a quote under the "other car" and select Alfa... It should give you an immediate quote.

@SocalStelvio

A lil' late to the reply game - BUT - the info you provided is still valid AND from what I have investigated (8/2020) the link you provided is the best deal going for a genuine extended Mopar Factory Warranty!

Thanks so much - it makes my possible used vehicle purchase decision much easier!

Shark71

· #15 · Sep 11, 2020

This is the best warranty deal I have found by far. Anyone else have this coverage?

Alfa Romeo extended warranty. Mopar Vehicle Protection

Get low pricing for factory backed extended coverage for your Alfa Romeo

www.chryslerwarrantys.com

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