I've only bought one extended warranty in my life. I bought it from the
Chevy dealer that I bought the car from. It wasn't a GM extended warranty,
it was from a company called dimension. But that's who the dealer
recommended. I had no problems with it and used it a lot. It actually paid
for it's self in two repairs.
I bought it because I was uneasy about the 3.4 DOHC motor that was in the
Lumina. But ended up using for a lot of non-motor
issues as well.
transmission - $1600.00
rear wheel spindle, - $1200.00
alternator - $550.00
timing belt ( my heavy foot ) $770.00
leaking oil pan gasket - $450.00
I paid $1500.00 for the warranty, a 4 year - 50,000 mile warranty with a
$100.00 deductible. I bought the car with 32,000 miles on it, so the dealer
could still offer an extended warranty as it was still under factory
Would I do it again? You bet, as long as I was going to keep the vehicle a
long time. Chances are most problems that should be a warranty item will
definitely show up before 85,000 miles. And if you don't do a lot of the
repairs your self, it gets expensive fast. This car was my work car and I
preferred to drop it off at the dealer near where I work to get items
repaired. It was more convenient for me to do this at the time as I was very
I purchased one when I bought my Tahoe in 2003. Haven't had to use it
yet, It presently has 16,000 miles on it. To me it is peace of mind
knowing I can keep the car for a long time, and still have it covered.
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