MOPAR lifetime warranty

[msmith1199]

I had my Jeep Wrangler (toad) in the shop and the service manager asked me if I’d be interested in buying a lifetime warranty for it. I almost never buy warranties anymore and I was a huge skeptic as I’m sure there must be some catch to this. There is a little bit of a catch and that’s it’s really expensive, but it is basically a bumper to bumper warranty that covers all the normal stuff a warranty covers and it covers it all for as long as you own the vehicle regardless of miles. He told me it would be about $2600 for my Wrangler. I’m thinking about doing it only because there are a lot of expensive things that can break on the wrangler especially when you get into the 100k and up mileage range.

Another catch I found in doing research is this coverage is similar to a regular auto insurance policy in that it is only going to cover up to the value of the vehicle. So if you’ve got 300,000 miles on your Jeep and you’re driving down the road and the tranny and transfer case fall out onto the ground, all they are going to pay is up to the retail blue book value of the vehicle. So if the repair cost is $5000 and the vehicle is worth $3000, they are going to write you a check for $3000 as a total loss and that will basically be the end of your warranty.

Anybody bought this warranty? Any thoughts?

[DownTheAvenue]

Be sure to read the actually contract, not the sales brochure because the two can and often do differ. Read and understand exactly what you are buying. It can be a good deal for people who will keep their vehicle long term. The bulk of their profits are from people who buy the policy and then sell their vehicle before any real repair costs have been paid.

[jfkmk]

WVJayco wrote:
To each his own. I do all my own maintenance and repair work, and as I have found out in the past, much more quality work that I know is done right. At 41 years old I have saved a pile of money over the years. With the forever warranty I had it was almost impossible to not make a small mistake by going over on mileage or time requirements on "required" maintenance that would end up voiding the warranty. Basically, they got all your money, waited to find where you rotated the tires at 5002 miles instead of 5000 miles, void the warranty, and then never have to pay out a dime.

The point that everyone is trying to make is make sure you read the fine print and prepare yourself. Just trying to help and give thoughts. Isn't that what you ask for?

I'm with you. I've had some things repaired at dealers for one reason or another over the years, and they always seem to screw something up. I'm anal about my vehicles and maintenance, so maybe my standards are higher than what they're used to.

[lryrob9301]

This is NOT a warranty, it is an insurance repair policy. They can include what ever stipulations they want.

[WVJayco]

To each his own. I do all my own maintenance and repair work, and as I have found out in the past, much more quality work that I know is done right. At 41 years old I have saved a pile of money over the years. With the forever warranty I had it was almost impossible to not make a small mistake by going over on mileage or time requirements on "required" maintenance that would end up voiding the warranty. Basically, they got all your money, waited to find where you rotated the tires at 5002 miles instead of 5000 miles, void the warranty, and then never have to pay out a dime.

The point that everyone is trying to make is make sure you read the fine print and prepare yourself. Just trying to help and give thoughts. Isn't that what you ask for?

[msmith1199]

I read your post wrong. You are also saying they required you to go to the dealer for regular service? I’m pretty sure that’s illegal, but maybe that was just a California law. I’m in Nevada now so I guess I should go check and make sure it’s the same in Nevada.

[msmith1199]

If it’s a factory warranty why wouldn’t you want to have it repaired at the dealer? I don’t see that as a problem. I think if you change your own oil you’re just required to keep receipts for the parts. I never change my own oil anyway and I’m pretty good about keeping receipts. I can them all and keep them on my computer. I’ve got all the service receipts from cars I got rid of ten years ago.

[WVJayco]

I had a similar warranty with my 2014 Wrangler. It came with the Wrangler when I purchased it new and was incorporated in the initial cost of the vehicle. The "fine print" problem I had with the warranty was that it required you to go to the dealership or licensed repair shop to take care of every tiny little thing stipulated in the factory owners manual. You could not do any of the work yourself, basically had to be somewhere that keeps computerized records of the work performed, mileage, etc. So basically, if you went 1 mile over or over the time limit of when the owners manual said to rotate the tires or any other little thing, the warranty was void. Another PITA stipulation was that if you got the work done at any place other than the purchasing dealer you had to call a certain phone number and give them all kinds of information about the work, the place you had the work done, mileage, etc. Me being a DIY handy fella I wasn't willing to pay for every little thing that I could easily do myself. Needless to say I purposely voided the warranty and have saved myself a ton of money I'm sure. Basically what Old-Biscuit was trying to warn you about. Hope this helps

[rr2254545]

ScottG wrote:
Take a close look at exactly what it covers and who is backing it.
You'll find it only covers things that just about never fail. It's not even close to being bumper to bumper.

Its Mopar see his title

[msmith1199]

Old-Biscuit wrote:
Another thing to check for in the 'fine print'.......REQUIRED maintenance to keep warranty valid and WHERE that maintenance has be done at (Dealership)

Obviously if you don’t maintain it they will void the warranty but I think warranties that require you to use the dealership for maintenance are illegal.

[msmith1199]

ScottG wrote:
Take a close look at exactly what it covers and who is backing it.
You'll find it only covers things that just about never fail. It's not even close to being bumper to bumper.

Look it up yourself. It’s backed by MOPAR and it covers everything the standard bumper to bumper warranty covers. Basically everything but normal wear and tear parts like brake pads, tires, etc.

[rr2254545]

I got it for my Cherokee cost me about 3300, there is a $100 deductible however

There are two levels of the plan - I got the higher plan

[Old-Biscuit]

Another thing to check for in the 'fine print'.......REQUIRED maintenance to keep warranty valid and WHERE that maintenance has be done at (Dealership)

[ScottG]

Take a close look at exactly what it covers and who is backing it.
You'll find it only covers things that just about never fail. It's not even close to being bumper to bumper.