My 2019 Ascent's 3 year warranty expires in 3 weeks. I had planned on getting rid of this year's model and buying a 2022 Ascent or Kia Telluride. However, because they're selling over the MSRP, it doesn't seem to be the right time to buy a new vehicle. Is it worth it to buy an extended warranty this late into owning my 2019? I've never bought one before but I'm a little nervous about driving the 2019 without some kind of warranty. I haven't made the call yet. Any idea what I might expect to pay? Looking for advice please! Thanks in advance!
Get an Extended Warranty or Not?
hansonbarb21
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The cherry-picking is the part that's in the weeds. The big picture is about the overall pros and cons, or to quote the OP's thread title "Get an Extended Warranty or Not?". This is what this thread should be about.
If anyone doesn't agree with my list of pros and cons, then instead of picking at mine, please go back to the original question and fairly list your own for the sake of completeness and fairness to the OP and others who are interested. Thank you.
2023 Tesla M3P, 2020 Ascent (sold), 2011 WRX, 2009 Outback
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It wasn't cherry picking. Stating the warranty only protects from a few thousand in repairs is pretty false. It actually protects from unlimited costs in repairs (unless fine print says otherwise).
Like noted earlier by many, it is a gamble if you will actually leverage and use it, but the protection is most certainly there if/when you need it.
If this were a discussion about the home or car "warranty" scam calls, sure. But this is pretty dang close to extending your factory bumper-to-bumper warranty, which is drastically different and offers a LOT more than what I think is being given credit.
Like noted earlier by many, it is a gamble if you will actually leverage and use it, but the protection is most certainly there if/when you need it.
If this were a discussion about the home or car "warranty" scam calls, sure. But this is pretty dang close to extending your factory bumper-to-bumper warranty, which is drastically different and offers a LOT more than what I think is being given credit.
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And we're right back into the weeds. Yes, you're cherry-picking and looking for any possible implausible flaw in any of my comments in an attempt to invalidate all of them. That doesn't work, it's called reductio ad absurdum, look it up. Any single argument does not invalidate the overall assessment much if at all. You need to address everything I said or at least the majority of it to invalidate it.
For the vast majority of people, the warranty is designed to protect you from the loss of a few thousand dollars, not an "unlimited" amount. It would be an extremely worst-case and extremely rare scenario for it to cover much more, and then you can bet the warranty denials might start and/or your warranty might be dropped just as many insurance companies might do when they think you're a very bad risk. Anyone expecting more than a few thousand dollars of protection from these warranties is likely being unrealistic. I would estimate that after $5-6K of coverage and/or one major repair, you're likely to start getting some major pushback and a lot of investigation. As most people know, there are a lot of ways they can challenge or deny excessive coverage.
Despite any single, individual argument with any of my specific points, none of you have yet to disprove my overall assessment. Just picking at one or two things I've listed doesn't matter much if at all. And once again, I've listed both the pros and cons. Oddly, no one seems to have a problem with any of the pros I listed, and they covered most of the counterpoints made.
Again, this thread is not about me or you, it's about the OP's question. Please list your own pros and cons if you don't like mine. Just be fair and complete.
As I noted, I agree with your pros and cons in general, but you happen to include some specific numbers which is what some have concerns with. the concepts are fine.
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That's one single estimate from one single source, I can come up with a lot more that show less but then we're back in the weeds like you said. But sure, you can pay that much.
Look, if you want me to go back and edit the number in my post I will, but it doesn't change much if anything of my overall assessment, and I stand firmly behind that. This wasn't a Doctor's thesis that requires such scrupulous analysis. Do any of you want me to go back and overanalyze everything you wrote in any of your past posts? I don't think so.
If you have an argument about the overall pros and cons concerning extended warranties, then make it. There's little point in wasting time on a few possible minor arguable points without addressing the big picture. Answer the OP's question fairly as I attempted to do. List your own pros and cons.
i do not need you to do anything. That came from a quick search. I tried to find the OEM price, parts and labor and not a rebuild price to no avail. Lots of folks in their life make decisions, financial and otherwise based on erroneous or incomplete data. Even with the same data two owners will come to different conclusions as to what is best for them.
Lets close this up. It can remain for all of prosperity.
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That's why I take all the bother and criticism in trying to point out as much as I can in posts like this and try to be fair. I really have a lot of other things to do. I'm simply trying to help people see things others might have missed, especially concerning extended warranty posts which always seem to be too one-sided to me. I never claimed the dollar amount examples were absolute perfection, just arguably ballpark, but I know my overall assessment is correct and fair.
Anyone making any life decisions from any forum posts is duly warned about erroneous or incomplete data, heavy bias, and both good and bad opinions. Always, always, always do your own research and never trust any single source.
2023 Tesla M3P, 2020 Ascent (sold), 2011 WRX, 2009 Outback
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Not sure we are criticizing, as we are just adding clarity and having a discussion.
If we are getting back to the pros and cons, fine, I'll include one:
Pro: Lower costs because it does not add in maintenance services
Honestly, you should remove that first bullet point. Or, add a bullet point that car washes and gasoline are not included.
If we are getting back to the pros and cons, fine, I'll include one:
Pro: Lower costs because it does not add in maintenance services
Honestly, you should remove that first bullet point. Or, add a bullet point that car washes and gasoline are not included.
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You added a pro but where are your cons? Don't have any? Too one-sided.Not sure we are criticizing, as we are just adding clarity and having a discussion.
If we are getting back to the pros and cons, fine, I'll include one:
Pro: Lower costs because it does not add in maintenance services
Honestly, you should remove that first bullet point. Or, add a bullet point that car washes and gasoline are not included.
You open this post saying you're not criticizing, then close it with a snide remark.
2023 Tesla M3P, 2020 Ascent (sold), 2011 WRX, 2009 Outback
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Don't need to repeat pro/con list if we agree
Winky isn't snide, eye roll would be
There is line between a "con" and "lack of feature". If a service doesn't include a feature that doesn't necessarily make it a con. My stylist doesn't do my laundry while cutting my hair, but that doesn't mean that is a con for getting my haircut by a stylist.
Like we all said, we mostly agree with you. Just fine tuning some things. Because at the end of the day someone reading the list might think "well, maybe I should get this other extended warranty because they are telling me it includes free oil changes".
Winky isn't snide, eye roll would be
There is line between a "con" and "lack of feature". If a service doesn't include a feature that doesn't necessarily make it a con. My stylist doesn't do my laundry while cutting my hair, but that doesn't mean that is a con for getting my haircut by a stylist.
Like we all said, we mostly agree with you. Just fine tuning some things. Because at the end of the day someone reading the list might think "well, maybe I should get this other extended warranty because they are telling me it includes free oil changes".
I will within a month and a half when my 3/36 OEM Warranty expires...I'm just trying to decide on the duration for a Subaru Gold extended service contract (what folks like to call "extended warranties") for my MY19 Ascent Touring. I'm deciding between 7 or 8 years.
In your case (as in mine), as I recall, the CVT is already extended to 100,000 miles and the original drivetrain warranty was 5/60,000 so 7 or 8 doesn't give you much on those items, but depending on how long you are going to keep it, it may get you over a hump.
I was about to pull the trigger on one for my 2019 Limited, but traded it in on a '21 Touring instead. I'm planning to keep this one long-term, but given the rapid change in vehicle technology, who knows where things will be in 2 years when I need to think about it again. If in 2024 it's looking like I'm going to keep it longer than another year or so, I'll probably go for it.
Yes, I have the extension specifically on the transmission because of the harness recall. But I'm less concerned about that than electronics, etc., over a longer period of time. It's paid off after only two more payments, too. Our intention is to keep the Ascent long term for hauling and travel. Our MY20 Forester will likely morph into an EV for general local running around in about two years or so.
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I did a lot of hand-wringing about this but ultimately pulled the trigger for my 2019 Premium just before the 3/30 expired. What sold me was:
The con that held me back is that when they say 8/80 they include the first three years so it's really a 5/50.
For me the piece of mind was worth the risk of not needing it, as long as you can get a fair deal. Some of the quotes are nutso, so call around.
- it's the first model year and Dog knows what else could fail
- the fact the it stays with the car if I ever decide to sell
The con that held me back is that when they say 8/80 they include the first three years so it's really a 5/50.
For me the piece of mind was worth the risk of not needing it, as long as you can get a fair deal. Some of the quotes are nutso, so call around.
This is pretty much how the entire industry works for manufacturer extended service contracts. They "start" with day one/mile one for when the new vehicle originally went into service. In some instances, they provide additional benefits to the vehicle owner during the OEM warranty period...for the previous vehicle I drove, a Grand Cherokee, the manufacturer contract added things like rental/loaner benefits during the OEM Warranty period which was quite valuable because most dealers don't provide that voluntarily. That's just an example. Of course, it still is confusing to consumers for sure!
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