Extended warranty
Newbie here, so please excuse if a repeat question, but our 2005 Magnum R/T Hemi is just coming out of warranty - 35700 miles. So far, we have had warranty pick up approx. $1400.00 worth of work on the car - Oxygen sensor, EGR valve, Axle seal, trans seal, power roof module, and a few other cosmetic issues. Nervous about running out of warranty because of reliability / issues so far. Anyone know what percentage of owners buy extended warranties for their Magnums ?
Thanks.
Thanks.
I am looking at this place for an extended warranty for my 05 RT. I can take the bumper to bumper out to 7/70 for about $1000 and they take payments w/no finance charges. My car has 30,000 on it but my 3 years are up in Feb.
http://www.extended-warranty-pro.com/index.html
http://www.extended-warranty-pro.com/index.html
I got the 7/70 on my '05. The salesman acted like it was "news" to him when I mentioned it. He said that the 3 year was in effect, but I reminded him that the 7/70 still applied to the '05 (I bought my RT at the end of the year).
So far, with 23,K miles, I've had no mechanical problems. The only issues I have had were cosmetic, due to the car being damaged on the lot prior to me buying it. That's another story though.
So far, with 23,K miles, I've had no mechanical problems. The only issues I have had were cosmetic, due to the car being damaged on the lot prior to me buying it. That's another story though.
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I have an '05 also, andwas told that it IS transferable to the next owner(what a great selling point!
).The other option is thatDodge will pro-rate a refund when you cancel the warranty.Extended warranty makes good sense if you keep the car longer than 3 yrs. I plan on keeping mine for quite some time. Most car loans are now 60-72 months, and a 36 month Bumper-to-bumper warranty doesn't cut it anymore. Especially for a first year automobile. How many timescan you afford to have your car in the shop (out of warranty)before youare convinced an extended warrany is worth it?
I have an '05 also, andwas told that it IS transferable to the next owner(what a great selling point!
).The other option is thatDodge will pro-rate a refund when you cancel the warranty.Extended warranty makes good sense if you keep the car longer than 3 yrs. I plan on keeping mine for quite some time. Most car loans are now 60-72 months, and a 36 month Bumper-to-bumper warranty doesn't cut it anymore. Especially for a first year automobile. How many timescan you afford to have your car in the shop (out of warranty)before youare convinced an extended warrany is worth it?
LakeErieFish - exactly my concern, but common business practice tells me that a product SHOULD be made good enough that such warranties are not needed ... in a perfect world I guess.
Woodeman, where did you find a $1000 warranty ? The local dealer I use is offering a$1500 bumper to bumper.
Thanks for the reponses all.
Woodeman, where did you find a $1000 warranty ? The local dealer I use is offering a$1500 bumper to bumper.
Thanks for the reponses all.


