Extended Warranty

[Daniel8Daniel]

Hello Thread. I recently bought a 2020 Ram Promaster. I also got the extended warranty. Was that a good decision? How do you determine if you should get an extended warranty or not?

Thanks
Daniel

 

[SniperDroid]

I'm Guessing you bought the Promaster for work, if you put lots of miles on it, the warranty will help until the milage runs out. On my work truck, I put about 30K a year, so the long warranty on the Nissan was a good deal. Just depends on what your doing. I use my RAM to tow our travel trailer, mostly. But less than 6k a year total. Extending the FULL COVERAGE warranty to 8 years and 60K for 1250 US was a no brainer. A lot can happen in a few short years. One audio head failure and the warranty is paid for.

 

[brilliantnick]

If they didn't have warranty, I wouldn't buy new.

Too many gizmos and sensors nowadays that could take more than a months paycheck to fix.

 

[mlrtimemach]

MOPAR had a sale on extended warranties recently. Ask what it covers before you buy. I have a Tradesman without all the plush stuff a car has they put in them ( I wanted a truck not a Beamer) an saved myself close to $1,100. Only thing mine doesn't cover is the backup camera.

Sent from my SM-G950U using Tapatalk

 

[Roman4405]

I got the extended warranty on mine just because of the e-torque system, don’t know what that would cost to work on.

 

[Thornback]

Anytime any salesman asks me if I want the extended warranty on any product I always ask why I should insure the product they are selling. They make it sound like their product is inferior and has lots of problems. I never purchase any warranty.

 

[unxpctd]

And always make sure it's a factory warranty and not some aftermarket company. Made that mistake once....got home with my new vehicle years ago...and read up on the "warranty" company. It was a disaster with
complaints online. Went directly back to the dealership and had them change it to a factory warranty. They didn't say anything and did it. Thankfully. Never again.

Also...remember that in some states, including mine, warranty costs are negotiable. Only in some states though.

 

[pacofortacos]

Hello Thread. I recently bought a 2020 Ram Promaster. I also got the extended warranty. Was that a good decision? How do you determine if you should get an extended warranty or not?

Thanks
Daniel

Usually, use and time of ownership will determine if it is a good idea or not.
For example, the promaster is most likely a work vehicle.
But maybe you make a lot of money and retire the vehicles every 2-4 years - in that case most likely not.
But say you keep the vehicles until they are not serviceable any longer and put a lot of miles on per year - in that case the 7 or 8 year with unlimited miles might be a good option for you.

Also, depends on the extended service agreement terms and the cost of it. The MOPAR one is usually much less expensive online vs. at the dealer.

 

[tron67j]

Look in 4th Gen, tins of threads on this. Two camps, wouldn't own without it, and wouldn't buy it and waste money. I am in latter, the warranty company is in it too make money, there is a reason the finance arm generally runs the program. I constantly get deals emailed on my 2018. My advice, cancel and get your money back. But ultimately, do what you think is right. Good luck

 

[Farm truck]

I didn't buy an extended warranty at purchase in Sept, I waited and bought it from FCA on a black Friday special. Saved about 1K and no sales tax. The dealer was much higher and charges sales tax. I had been under the truck installing my gooseneck, then the exhaust, then in-bed trailer wiring, all those sensors and wires scared me. I hope I wasted my money on the warranty.