relax221 Posted April 27, 2009 Posted April 27, 2009 JUST BOUGHT A USED 2006 RX330 FROM LEXUS. THEY WERE PUSHING GE WARRANTY 3YRS OR 100,000 MILES $1250 ? IS GE A RELIABLE COMPANY IF I EVER HAVE TROUBLE ? ANY HELP APPRECIATED
code58 Posted April 28, 2009 Posted April 28, 2009 JUST BOUGHT A USED 2006 RX330 FROM LEXUS. THEY WERE PUSHING GE WARRANTY 3YRS OR 100,000 MILES $1250 ? IS GE A RELIABLE COMPANY IF I EVER HAVE TROUBLE ? ANY HELP APPRECIATED They were pushing it because they make a lot of money on those warrantee's. I don't know about GE but I personally wouldn't buy an aftermarket warrantee EVER! I'm not saying there are no legitimate ones, but I can gaurantee the 1st thing they are gonna do is look under every rock to find a reason to deny payment on an aftermarket warrantee. And even if they can't get out of paying, they are gonna call the shots on how the car is fixed, if there is a problem, and it's gonna be the cheapest way possible. If the engine blows, they're gonna put in the parts that broke and no more. If they can't do that, they'll get you a cheap used engine from a junk yard. It's your money, do as you see fit with it, but if you can't get an extended factory warrantee, I'd save the money you'd spend on the GE warrantee in case you do have a problem and at least you can call the shots on how it's fixed. Good Luck! Most people don't realize that the price of even a factory extended warrantee isn't cast in stone. I have negotiated a better price on the factory extended warrantee on the last 2 new cars I bought for my wife. Then have not had 1 single thing go wrong in the warrantee period, so didn't recover a thin dime from my investment in those warrantee's. I don't intend to buy another extended warrantee. You should still have factory warrantee on that car for a while yet. My wife's '02 Camry has 5 yr or 60k mi drivetrain warrantee that I didn't even know about until I got to looking the manuals over when we got it home. They didn't say a word about it when I bought the 6yr, 75k mi extended warrantee.
relax221 Posted April 28, 2009 Author Posted April 28, 2009 JUST BOUGHT A USED 2006 RX330 FROM LEXUS. THEY WERE PUSHING GE WARRANTY 3YRS OR 100,000 MILES $1250 ? IS GE A RELIABLE COMPANY IF I EVER HAVE TROUBLE ? ANY HELP APPRECIATED They were pushing it because they make a lot of money on those warrantee's. I don't know about GE but I personally wouldn't buy an aftermarket warrantee EVER! I'm not saying there are no legitimate ones, but I can gaurantee the 1st thing they are gonna do is look under every rock to find a reason to deny payment on an aftermarket warrantee. And even if they can't get out of paying, they are gonna call the shots on how the car is fixed, if there is a problem, and it's gonna be the cheapest way possible. If the engine blows, they're gonna put in the parts that broke and no more. If they can't do that, they'll get you a cheap used engine from a junk yard. It's your money, do as you see fit with it, but if you can't get an extended factory warrantee, I'd save the money you'd spend on the GE warrantee in case you do have a problem and at least you can call the shots on how it's fixed. Good Luck! Most people don't realize that the price of even a factory extended warrantee isn't cast in stone. I have negotiated a better price on the factory extended warrantee on the last 2 new cars I bought for my wife. Then have not had 1 single thing go wrong in the warrantee period, so didn't recover a thin dime from my investment in those warrantee's. I don't intend to buy another extended warrantee. You should still have factory warrantee on that car for a while yet. My wife's '02 Camry has 5 yr or 60k mi drivetrain warrantee that I didn't even know about until I got to looking the manuals over when we got it home. They didn't say a word about it when I bought the 6yr, 75k mi extended warrantee. THANK YOU
bluebelly Posted April 28, 2009 Posted April 28, 2009 My inlaws just bought an '08 from Johnson Lexus in Raleigh, they declined the extended warranty under my advice. However they did offer the same $1250 warranty "on sale" for $1000. If you are still interested try to bargan with them!
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