Extended warranty is it worth it

[wbowner]

I have started to look at getting the extended warranty
I have done 65k and my 3 year warranty runs out next feb

I got the car for towing a van mainly not for extensive 4wd but will do some

The extended warranty of 24 months or 200,000km is around $5000

Do you reckon it is worth having

I note in pds they require you to have a log book which as you know LR nolonger use and get approval of any mods done

I have a few
Aux tank
Dual battery
Kaymar bar
APT side steps are the main one

They may not approve me any way

Richard

[p38arover]

You'd better find out about exclusions. I've heard of a few people who have had extended warranties but the company didn't pay up.

Regrettably, I don't remember the details.

Maybe a Google search of the 'net.

See also http://www.smh.com.au/national/extended-warranties-useless-according-to-consumer-group-20150813-giy88n.html


The warranties typically also include a list of exclusions that Mr Kannen said could be interpreted to make almost any problem exempt from coverage.

[wbowner]

I will get it in writing from them that my add ons are ok beforehand

I think they day to do that in the pds

Richard

[Tombie]

How has the vehicle been up until now?
I weighed it all up and figured $5k buys a lot of maintenance when it came time for mine.

Have you always had it dealer services and had a good relationship with the dealer? If so this goes a long way towards "good faith" for the 12 months after warranty.

I had a few fixes done in good faith without issue outside warranty - I also kept in mind that a vehicle must be fit for purpose and the expectation that engines and transmissions make it to 100,000km when correctly services would fall under that banner..

I didn't get the Extended warranty (which would be expired now) and touch wood, not a single issue.

[jonesy63]

Hi Richard,
It might be worth a cost-benefit exercise - to figure out what could need replacing within the warranty period.

For instance, you have 65,000km on it - so about 15,000km or so until the front LCAs will need replacing.

Other items which might go next (once you get over 100,000km) include water outlet, wheel bearings, alternator, starter motor, steering rack, etc.

Hopefully you have changed the ATF and gone to a steel sump for your ZF.

In the end, I really think it not only depends on your well you have it serviced, but also on your luck!

I risked it and never got extended warranty for my D4. In that time I had to replace the alternator and starter motor. That still wouldn't add up to $5k. FWIW, I bought extended warranty for my new D3 at the time I purchased it... everyone told me I was mad - it was $1400 back then. It did pay for itself after the front wheel bearings and steering rack had to be replaced - just before the extended warranty finished. :cool:

I've seen that you can negotiate the pricing on the LR extended warranty - but $5k is still a high starting point, IMHO.

Cheers,
Rob

[wbowner]

How has the vehicle been up until now?


I weighed it all up and figured $5k buys a lot of maintenance when it came time for mine.

Have you always had it dealer services and had a good relationship with the dealer? If so this goes a long way towards "good faith" for the 12 months after warranty.

I had a few fixes done in good faith without issue outside warranty - I also kept in mind that a vehicle must be fit for purpose and the expectation that engines and transmissions make it to 100,000km when correctly services would fall under that banner..

I didn't get the Extended warranty (which would be expired now) and touch wood, not a single issue.



So far so good but it has not done a lot of rough stuff even towing.

The extras I have should not effect the big items but insurance companies are not your friends.

As I am retired I am hoping this car will last a long time. Cant afford another one now.

I have had my car serviced by a LR specialist in Brisbane a couple of times (i.e. MR) as I was up there and the car was due. Even first major one.

I have found the local guys (in Canberra) very approachable and helpful in the past. They are a bit expensive but luckily you don't have to do that to often.

I will continue to use them where possible so hopefully I will continue to get good service.

I have never had an extended warranty on other cars, it didn't seem necessary. It does scare me a bit thaT such a big deal is made over it for LR.

I have a bit of time to consider my options and save the money if required I guess.

Richard

[wbowner]

Hi Richard,
It might be worth a cost-benefit exercise - to figure out what could need replacing within the warranty period.

For instance, you have 65,000km on it - so about 15,000km or so until the front LCAs will need replacing.

Other items which might go next (once you get over 100,000km) include water outlet, wheel bearings, alternator, starter motor, steering rack, etc.

Hopefully you have changed the ATF and gone to a steel sump for your ZF.

In the end, I really think it not only depends on your well you have it serviced, but also on your luck!

I risked it and never got extended warranty for my D4. In that time I had to replace the alternator and starter motor. That still wouldn't add up to $5k. FWIW, I bought extended warranty for my new D3 at the time I purchased it... everyone told me I was mad - it was $1400 back then. It did pay for itself after the front wheel bearings and steering rack had to be replaced - just before the extended warranty finished. :cool:

I've seen that you can negotiate the pricing on the LR extended warranty - but $5k is still a high starting point, IMHO.

Cheers,
Rob

Rob,
I think you have to negotiate at purchase time. I am getting a $300 discount as I had the antirust stuff removed because it is useless and they agreed.

It is always luck. Even if some of those things go I suspect it would be hard to claim on them.

Richard

[Tombie]

Same deal is made in the Toyota camp so don't feel too bad :)

They're not a bad thing the D4s (or the D3s) - the old mans D3 had only done 27,000km since 2007 when he sold it to my BIL in 2013 for $35k.

It's now at 120,000km and been faultless.

[letherm]

Hi.

Here's a link to a previous discussion.

http://www.aulro.com/afvb/l319-discovery-3-4/219491-d4-lr-warranty-extend-not-extend.html

If you do a search in the "Search AULRO.com ONLY!" box below for "D4 extended warranty" there are a few other threads too.

HTH

Martin

[vnx205]

I have been led to believe that the exclusions are worked out in such a way that anything that is likely to wear out in the next couple of years is not covered.

[RHS58]

Hi Richard

My 3 years is up in December.
Undecided re extended warranty.
Lot of $$ involved.
Questionable if insurer will come to the party if there's a claim.
I'm thinking I'll take my chances and save the $$.
Can be convinced otherwise, however, but needs to be lots cheaper than $5k.
And only 2 years....

May consider turning the vehicle over ..... Still tax deductible. Even those rules are changing :(
Ron

PS. like you, I'm looking also to upgrade to a Matrix.

[GP1200]

Seems expensive, I purchased my 3 year / 200,000 Km extended LR warranty in January this year just before the factory warranty expired for $3800-00.

Haven't had to use it yet, but let's me sleep at night as I had a major electrical malfunction when new and a turbo 18 months later.

I have a good relationship with my local dealer and they assure me it will be seemless if a claim is made as they do all the submissions and claims.
( just like the origin warranty ) I have been using them for over 6 years now and
have no reason to doubt their sincerity on the product.

I love the D4, but like all things mechanical, things do break and if you don't like
the unknown a good extended warranty takes the guesswork and keeping your legs and finger crossed for the next 3 years.

Jack

[LGM]

I have almost reached the end of the extended warranty period and as others have mentioned it provided me with a level of comfort re any major issue arising.

That said you do need to be aware that a number of things are not covered by the extended warranty but these are clearly stated in the policy documents.

However (there is always one of those isn't there?) the extended warranty insurer has a 'fair wear and tear' element that they apply to items such as control arm bushes (as I found out) and no doubt to other other items on the vehicle as well. This aspect does not, or at least the calculation of what represents fair ware and tear, appear in any of the documents I have. So I guess the insurer can apply any figure that they like........if you take that logic further you may want to question what represents fair wear and tear on an auto trans or a diff or an engine for that matter. :confused:

I guess what I am saying is that as with all things insurance buyer beware!

[Tombie]

I look at it this way...
A tax break is a figure of reducing my tax, it still costs money to do so.
Changing vehicles costs a lot of money.
The extended warranty costs a lot of money.

Whichever way I go it will cost money.

Trading to a new one and kitting it out will on the long run will cost the most money. Close to $40k

40k buys me a lot of maintenance and upkeep...

[wbowner]

Hi Richard

My 3 years is up in December.
Undecided re extended warranty.
Lot of $$ involved.
Questionable if insurer will come to the party if there's a claim.
I'm thinking I'll take my chances and save the $$.
Can be convinced otherwise, however, but needs to be lots cheaper than $5k.
And only 2 years....

May consider turning the vehicle over ..... Still tax deductible. Even those rules are changing :(
Ron

PS. like you, I'm looking also to upgrade to a Matrix.


Being retired there are no tax breaks, I will be staying with one for awhile I hope. Can't afford another one as spending it on the new van.
The $5k is a lot of money, I can easily spend that on the Matrix extras 😑

Richard

[Nicky]

I look at it this way...
A tax break is a figure of reducing my tax, it still costs money to do so.
Changing vehicles costs a lot of money.
The extended warranty costs a lot of money.

Whichever way I go it will cost money.

Trading to a new one and kitting it out will on the long run will cost the most money. Close to $40k

40k buys me a lot of maintenance and upkeep...

Astute analysis!

[scarry]

I look at it this way...
A tax break is a figure of reducing my tax, it still costs money to do so.
Changing vehicles costs a lot of money.
The extended warranty costs a lot of money.

Whichever way I go it will cost money.

Trading to a new one and kitting it out will on the long run will cost the most money. Close to $40k

40k buys me a lot of maintenance and upkeep...

Eactly,well said;)

I didn't go with the extended warranty,no relationship with any LR dealer,mine went to an Indie from day one,as do all my LR's.

Mine did have a corner valve play up,then the new one didn't last long either,which was inconvenient,but no biggy.

Ours also is a low mileage vehicle,which helped the decision.

IMHO,way to expensive,i would rather take the risk without it.

[DiscoMick]

It's important to check who the extended warranty is actually with, as it may not be with the car company. Some companies palm their extended warranties on to other finance companies. Also make sure it is not just a dealer warranty, which is worthless.

Sent from my GT-P5210 using AULRO mobile app

[Grumbles]

Also make sure it is not just a dealer warranty, which is worthless.

Sent from my GT-P5210 using AULRO mobile app

Perhaps not. I had a dealer warranty with a Ford and it was excellent. Claims were dealt with on the spot and without hassle.

RHS58 - Is the extended warranty you are considering with an insurance company or with a dedicated warranty from a private company? It makes a huge difference when it comes to a claim.

[Meken]

Isn't it the Allianz backed Landrover extended warranty that the OP wants? Or another one backed by Allianz.

[Thinkbig]

Have you always had it dealer services and had a good relationship with the dealer? If so this goes a long way towards "good faith" for the 12 months after warranty.
I have a 2010 D4 and agonized at the 3 year mark whether to buy the extended warranty. As the vehicle had been perfect I decided to give it a miss.

At 4.5 years and 66,000km the high pressure fuel pump failed on a caravan trip and was towed back to the closest dealer. As I had serviced the D4 at a dealer up to that point, Land Rover replaced the HPFP & Low pressure pump under a Good Will warranty without any problems. I did cover some of the initial diagnostic costs plus testing of the injectors and cleaning of the fuel system. All up it cost me approx $1000, which I thought was quite reasonable in the end.

[GregMilner]

My thoughts on extended warranty.

I bought an extended warranty with the purchase price of my new RRS in 2010. From memory it was about $2,000 for three years at the time. Well worthwhile in the end, as I sold the car just shy of the first three years and the buyer paid what I asked almost entirely because of the extra 3 years warranty.

I now have a 2012 Vogue TDV8, and extended the warranty by two years for $3,500 in August last year, just before the expiry of the manufacturer's warranty. It's a factory-backed warranty, underwritten by Allianz, and it's already paid its way, with a new aircon compressor required a few months ago (about $3,000) and an oil leak and faulty memory seat/wheel module a month ago (another $800-odd).

I've always had the car serviced by an independent (Wilf Chambers in Osborne Park) yet have always taken the car to the dealer for warranty work, and have never, ever had a quibble from them. They just do it, no questions asked.

For peace of mind - particularly since we go off-road towing a heavy camper trailer - it's invaluable. I believe the extended warranty matches the manufacturer warranty, that's my experience. I'm a big fan of warranties, particularly LRA's. They pulled us out of the Kimberley two years ago due to a blown rear shock, it cost them well over $25K for the exercise, paid for everything including air fares, tilt tray, charter flight, accommodation etc.

If you want peace of mind, aren't particularly mechanically minded, or can't be bothered worrying about that stuff...spend the money. You won't regret it.

(Having said that, at $5,000 they're having a lend of you. Offer them $3,500 at the top. That's what I did. Offer accepted.)