MOPAR lifetime warranty

msmith1199 wrote:

lryrob9301 wrote:

MetalGator wrote:
I keep all my vehicles at least 8-10 years. On my last 3 vehicles, I purchased the extended warranties. I used the extended warranty once on a truck after the factory warranty ran out. The cost of the fix was way less than what I paid for the extended warranty. The only thing the extended warranty was good for (in my case) was piece of mind but I believe in most cases, it's a waste of money unless your vehicle is very problematic.

X 2 I spent 35 years in the automotive industry and extended warranties are one of the most profitable things a dealer sells. They make as much or more profit on the extended warranty as they do on a new vehicle.

Notice this is not just an extended warranty. I'm very familiar with extended warranties and the pitfalls. This is a "Lifetime" warranty that covers you for as long as you own your car. That means at 15 years old with 500,000 miles on the odometer you still have a complete bumper to bumper warranty on the vehicle. If you're the type of person who drives a car until it will drive no longer, you don't think you could get your money's worth and then some out of this warranty?

I would look very closely at exactly what the "warranty" covers. It may cover things that break, but you should also be sure it covers things that wear out. Most extended warranties do not cover normal wear and tear. That means if the "normal" lifespan of an engine is 200,000 miles before it starts to burn oil excessively it would probably be considered a normal wear item over 200,000 miles and not covered.