Chevy Protection Plan
#1
Chevy Protection Plan
Has anyone purchased the Chevy protection plan as an extended warranty on their vehicle? My factory warranty expired last month and I received an email offer for this plan. $98 a month for 21 months. Zero deductible and covers the next 3 years or 36k miles.
I'm not normally an extended warranty type of guy but Tahoe's can be expensive to fix and I've not had the best of luck with mine since new.
I'm not normally an extended warranty type of guy but Tahoe's can be expensive to fix and I've not had the best of luck with mine since new.
#2
Is this offer from GM? I bought my extended warranty when I bought the truck and luckily never had to use it. Since you say you have not had the best of luck with your Tahoe, I would say that it might be a good idea to buy an extended warranty. Be careful who you buy it from and know exactly what it will and will not cover.
#3
Is this offer from GM? I bought my extended warranty when I bought the truck and luckily never had to use it. Since you say you have not had the best of luck with your Tahoe, I would say that it might be a good idea to buy an extended warranty. Be careful who you buy it from and know exactly what it will and will not cover.
#4
if its a GM warranty then in a lot of cases they are worth it but I wouldn't recommend anything aftermarket, they screw everybody in the end. The shop, tech and owner/customer almost always get a crappy deal.
#5
Here's the cheapest gmepp_quote.html I could find for a GMPP extended warranty. At least they were when I got mine in 2009. My dealer said that the price was actually less than he had to pay for the same plan.
#6
Here's the cheapest Attachment 9040 I could find for a GMPP extended warranty. At least they were when I got mine in 2009. My dealer said that the price was actually less than he had to pay for the same plan.
3 year/36,000 miles
$2599
18 monthly payments at 0% interest.
I've heard of RAM guys getting lifetime Mopar warranties for less than this.
#7
2600 for a 36k coverage isn't bad in my eyes, if you see some of the costs for parts and labors involved in some of this stuff anymore its good security. Plus from what I know you can get it worked into the loan for the car?
I would never own a traverse/acadia/enclave without a warranty of some kind, the labor involved in the most common failures is crazy. Tahoes usually are pretty solid but you never know
I would never own a traverse/acadia/enclave without a warranty of some kind, the labor involved in the most common failures is crazy. Tahoes usually are pretty solid but you never know
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#8
It's hit or miss in my opinion, in 3 yrs or 36,000 miles and you don't have any failures or any expenses that come close to $2600, then you are out $2600.
Consider how long you plan to have the vehicle after the original 3/36, consider how many miles you put on in a year, and how many of those are highway vs city, highway miles will burn down the ext warranty quick.
$2600 will get you 90% of a new transmission if you paid out of pocket, $2600 will get you about 60% of a new engine, maybe even 100% depending on the failure even out of warranty, and probably 200% of an HVAC system failure.
What is the likelihood those system will fail in the time you own it. You will likely need to keep detailed maintenance records of every service or have all your servicing done at the dealer to prevent the "well you didn't maintain it, so we don't have to fix it clause" the rental car coverage is nice, but even out of pocket you can get a rental for $30 a day and most repairs are not going to take more than 3 days.
I purchased the GMPP once back in 1985, cost me ~$800, I did have to use it once, and the cost of the repair...~ $800, never had to use it after that... I myself don't purchase them anymore, I can use a credit card if need be and end up with that cash in my pocket if there are never any major failures. My 2¢ is you are likely to lose money on the ext warranty or at best break even.
BUT, GMPP is the way to go if you are going to do it, it literally covered everything including shop supplies and supplemental parts, i.e belts, gaskets, fluids, which may aftermarket warranties do not.
Consider how long you plan to have the vehicle after the original 3/36, consider how many miles you put on in a year, and how many of those are highway vs city, highway miles will burn down the ext warranty quick.
$2600 will get you 90% of a new transmission if you paid out of pocket, $2600 will get you about 60% of a new engine, maybe even 100% depending on the failure even out of warranty, and probably 200% of an HVAC system failure.
What is the likelihood those system will fail in the time you own it. You will likely need to keep detailed maintenance records of every service or have all your servicing done at the dealer to prevent the "well you didn't maintain it, so we don't have to fix it clause" the rental car coverage is nice, but even out of pocket you can get a rental for $30 a day and most repairs are not going to take more than 3 days.
I purchased the GMPP once back in 1985, cost me ~$800, I did have to use it once, and the cost of the repair...~ $800, never had to use it after that... I myself don't purchase them anymore, I can use a credit card if need be and end up with that cash in my pocket if there are never any major failures. My 2¢ is you are likely to lose money on the ext warranty or at best break even.
BUT, GMPP is the way to go if you are going to do it, it literally covered everything including shop supplies and supplemental parts, i.e belts, gaskets, fluids, which may aftermarket warranties do not.
#9
I don't know what year/engine we're talking about but the last 5.3 I did was around 20hrs labor just for R&R, depending on labor rate that's easily 2k just for the labor. Lifes a gamble you never really know what will happen ha.
Is it your 3/36 that's about to expire or your powertrain 5/100?
Is it your 3/36 that's about to expire or your powertrain 5/100?
#10
Found out that the GMPP will not cover a cracked dash. The guy I talked to first said it was considered upholstery. When I told him that was insane, he said it was considered a body panel. I figured out that arguing with him was like wrestling a pig in mud. Pretty soon you figure out the plug enjoys it.