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Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:12 pm
by aaronf30
Greetings, everyone.
I just purchased a 2018 Land Rover Range Rover Sport with 40,000 miles. The item is no longer under warranty, and I would appreciate your opinion on acquiring an extended warranty. If affirmative, from which provider should I get it? Please share your experience about ownership.
Re: Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:12 pm
by drjw1969
Have you attempted to search the forum?
Re: Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:13 pm
by DrivingScene
Greetings. I just purchased a 2016 full-sized Range Rover with 48,000 miles.
After great study, I have chosen to provide a warranty. After doing some research, I selected Endurance. The first representative from Endurance was quite aggressive and had poor judgment on the agreement, leading to a cancellation after a few weeks.
After doing more research and reviewing further information on several companies, I made a follow-up call, spoke with another representative, and renewed the agreement.
They proposed a super-premium plan with a discount for the car having less than 50,000 kilometers, covering 36 months or 36,000 miles, with a $500 deductible, and requiring 24 installments of $319. I cannot ascertain the offer made to the preceding individual; therefore, the judgment ultimately hinges on the extent to which an additional $300 per month constitutes a hardship.
The covered/not covered list is good and very clear.
The contract includes a 30-day or 1000-mile grace period, after which coverage commences.
I have not yet spoken with them about coverage for any repairs; but, following much study and reading, the prospects are favorable.
Additionally, it is essential to note that possessing an aftermarket warranty often requires adherence to the manufacturer's maintenance plan and the maintenance records must be maintained. This indicates that if your 2018 RRS requires a 50k maintenance, it must be performed, not necessarily by a dealer, but there should be a legitimate record of the listed ABCDEF parts changed. I can send you a document from the contract detailing what is included and what is excluded. Let me know.
Re: Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:14 pm
by zimasprite
I just purchased a 2016 V8 SC and opted for Endurance as well. I contacted many stores and our local dealer, and they confirmed their acceptance of Endurance. Additionally, there are other RepairPal stores in my town with which they collaborate. These places are aware of what Endurance will want prior to your claim submission. Preventive maintenance is crucial! To own a Rover, it is necessary to get a warranty.
Re: Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:14 pm
by aaronf30
I much appreciate all the information you provided. Please send me the page. Thank you in advance.
Re: Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:15 pm
by drjw1969
Perhaps these individuals are just irrational? A warranty firm has no financial incentive to disburse claims. Loopholes and constraints are always present. When an item requires repair, individuals often want to take it to the most reputable business within their financial means; however, this is not always feasible with a third-party guarantee.
I comprehend the inclination for a comprehensive extended warranty. I have conducted extensive investigation and discovered that the majority are fraudulent schemes. My previous trustworthy technician recommended Hendrick Auto Group (HAG) as a respectable establishment that compensates for repairs; this recommendation was made many years ago. Carmax Maxcare was reportedly excellent at one time, but its current status is uncertain. Purchaser caution is advised.
In my opinion, OEM warranties are difficult to navigate. Why not just allocate $300 per month ($3,600 year) for repairs, in addition to the deductibles you would avoid paying? Why not engage directly with your preferred repair business instead of using a third party that may impede the process?
Re: Is an Extended Warranty Necessary?
PostPosted:Sat Sep 21, 2024 12:15 pm
by drjw1969