Boar-Ral said:
...The only difference being that I could only purchase an extended warranty plan with a $0 deductible at the time of purchase. ?If I waited to purchase the extended warranty later, I could only purchase a plan with a larger deductible...
I thought I would shed a little light by posting my experiences in the extended warranty field.
I bought a '99 Trans Am, from an individual, about 6 months before the 3/36 ran out. Through GM, I was able to purchase the GMPP (GM protection plan). At the time in late 2000, was the longest at 6 years / 75k miles from original in-service date, with a $0 deductible. I was also able to pay it off in 12, monthly, no-interest payments.
When we bought our new Av, we went through all of the GMPP plans available (as of 3/3/02), which was up to 84 month / 100k miles with the deductible ranging from $0 to upwards of $500 or more.
I also wanted to let all know, that you do not have to buy the plan on a new vehicle, at the time of purchase, and you can also buy them from any rep who will sell you the coverage. The only downfall to waiting close to 3 years or 36k miles, is that the final price for the GMPP will increase over time, usually once or twice a year.
So all I can say, is what you have stated, does not correspond to what I have experienced on two of my GM vehicles.
On another board I belong to, there was a GMPP rep who would sell to anyone, at a 20% discount from the current list price.
One last item, there are other plans out there, and some are less expensive. But after talking to my service manager at my Pontiac dealer, you will have the most extensive coverage for your GM vehicle, with a GMPP extended warranty.
Oh, and we decided to save the money for the time being and did not get the extended warranty at the time of purchase.
We will probably opt for the GMPP extended warranty just before we have to.
Just my $0.02
Malcolm