Have any of you bought the Elite Extended warranty from Infiniti? How much did you guys pay? Can you actually negotiate the price or is it pretty much set so the dealer can make some money off you, after you think you got a good deal on the car.

 

they sukered me into it for 2000.00. But Check if your insurance co. has somw kind of coverage of the same kind for a waaay cheaper price.

 

didnt get any.
i felt that it's pointless.
if you are going to do something onto your car, it's definately not worth it.
well even if you dont mod. it, i think it's not worth it.
personally, i purchased those warranties before for other stuffs (not only cars but other small stuffs like computers, etc) but then...i never used it.

 

I paid $1400 for 7/100K elite warranty (service contract) directly from infiniti by infiniti. I plan on keeping this car (05 coupe) for the full 7 years so its worth it to me.

 

I didn't get it. But prices are all negotiable. If you go for it, dicker them down.
C.

 

In a thread I just started below, " Thanks For All Of The Help! Long." I included the Dealer Cost in the form of a jpg. Yes it is negotiable and no you do not have to purchase it from the dealer from whom you bought the car. Read the Footnotes for restrictions on milage and age of car to still be eligible to buy the Elite Infiniti (Factory) Extended Protection Plan.

 

I paid $1344 for the 100k miles, 0 deductable. You should negotiate at least to that price

 

Yeah i usually dont go in for the extended warranty on most things i buy, but when it comes to cars, i am glad ive had it on the previous cars in my family. My mom's 97 civic especially gave her a lot of problems that easily ended up about 1500$ more than what we paid for the extended warranty. My mustang had a shorter extended warranty but it was more reliable than the civic So when we got the New Jetta a few months ago we went in for the extended coverage. I know you can get extended warranty from other places also, like credit union, so I just wanted to see how much inifiniti coverage cost for comparison. It seems like 1300~1400 should be reasonable. That 2000$ figure is just ridiculous, looks like they raped you on that one. Thanks for the help!

 

Extended warranties are not a good deal. Maybe if you know a car your going to buy has quality problems but then why would you buy it?

My wife is a programmer consultant and worked for over a year for a large insurance company writting software that determined pricing for extended car warranties. The bottom line is something call the reserve. This is the amount of money the insurance company holds out of the sales of the warranty to pay out claims. On a typical warranty of $1500 the reserve is somewhere around $250. The rest goes to commisions and profit.

Get it if you want, just realize that you will probably waste the money.

 

Dam that is high. The deal originally wanted $1,400.00 for it and told me that he could not budge. I (lied) told him the other dear said $1,000.00, so he sold it to me for $1,050.00. Still don't know why I got it when the TT will be installed in 4 weeks.

 

Check out Consumer Reports on Extended Warranties. They tell you why you should not buy it. It is pretty much no good and makes the salesman an extra couple of Grand.

 

If you trust your car, then you don't need an extended warranty plan. Frankly, I don't trust this car. I've already had a window motor go out and I expect other things to eventually go caput. The $1300 was worth it for this car due to it being expensive to fix.

BTW, my buddy who owns an X5 had all 4 windows go out on his BMW over time (all after the regular warranty ended). Luckily he had an extended warranty and paid a total of $200 ($50 deductable). He saw the invoice on one of the motor replacements and it would have cost him about $500 per window. Worthy investment for him.

 

Well of course the law of averages says that the dealer comes out ahead most of the time. Extended warranty is a product just like any and if they werent making money on it they wouldnt be selling it in the first place. It all comes down to how risk-averse the individual is. Some people dont like to have uncertainities and would rather hedge against it by buying the extended warranty and some people dont care. And I dont know about "its pretty much no good"....like I said I got my moneys worth and then some on my last car.

marchesano: The 1050$ you paid for, what is the term/mileage/deductible?

 

Got the 7/100K for less than I thought possible. It was wrapped up in a trade involving two dealerships so it's kinda hard to explain how it worked out, but it cost me around $1K.

A lot can be said about the extended warranties. I tend to buy them mainly because I'm military and move around a lot. When dealers try to sell me on their service, I tell tham I don't really concern myself with a particular service department because it's likely I won't use one for more than a year or two before I'm on to the next one. It's hard to establish a relationship with a new service department every couple of years.

One thing I've found is that when a dealers sees that you coughed up the dough to protect your car past the original manufacturer's warranty, they're usually more receptive to covering things when you want them repaired. It has greased the skids for me more than once.

For $1K on a 30K+ deal - I figured it was worth the cost. I kept my last car 8 years.

 

Per the price Sheet for Dealer's Cost that I described above and posted in the other thread, Dealer's Cost for the 7 Year/100k Miles, $100 Deductible is $1060.