Aftermarket Automotive Extended Warranty

[gogogo]

Anyone who can recommend a reliable company that sells automotive extended warranty in Canada? My friend owns a 2003 Mercedes and the factory warranty is expiring soon, but he doesn't want to buy it from the dealership.

Thanks.

[TigerHawk]

I suggest going with the Mercedes dealer warranty. But another safe alternative is Lubrico ( http://www.lubrico.com/ ), they've been around for a while and I've gone with them before.

[1DarkChaos]

yeahh
i really wouldn't trust those unless they are well respected but generally just go for a dealership waranty if u r plannign to go for one

[gogogo]

The extended warranty offered by Mercedes can only protect the car for maximum 3 years, after that period they will not offer their warranty. The cost for a 3 year warranty is around $2900 plus taxes; however, the car needs to do a pre-inspection by Mercedes in order to purchase their factory extended warranty. The preinspection would charge for 2 hours labour whhich is $227 plus taxes. If the preinspection passed, they would let you buy their warranty, what a rip-off!

I remember BMW do not have to do this complicated procedures and their warranty is subcontract to the other company!

[sixer]

lol, what a ripoff! That said, only dealer warranty is worth it.
Doesn't like it, don't drive a luxury vehicle that takes premium gas and costs tons in repairs.

[Rehan]

Don't bother with the aftermarket extended warranties.
http://www.canadiandriver.com/forum/...c,28043.0.html

[gogogo]

It looks like Lubrico has a negative customer feedback.

[Hellcat]

Don't bother with the aftermarket extended warranties.
http://www.canadiandriver.com/forum/...c,28043.0.html

Sounds like someone has their nose out of joint because of a real estate deal not a used car warranty. I've been the the automotive business for decades and can tell you that Lubrico is a great company that does pay claims. They've been in business for about 25 or 30 years. They encourage you to read their contracts and the only thing you have to do is get regular service done. I've had customers that were 2000 kms late on their maintenance and they still paid for a transmission in his car.
Anybody who whines about Lubrico didn't read their contract and deserve what they get.
Compare the price of a Lubrico warranty to a manufacturers warranty. Night and day.

[enko]

Wow, that's your first post?

[Hellcat]

Wow, that's your first post?

Is that good or bad?

[Toronto]

Usually aftermarket warranties are sticklers for detail and the slightest thing, such as going over in KM for an oilchange, will void the deal completely.

[Hellcat]

Usually aftermarket warranties are sticklers for detail and the slightest thing, such as going over in KM for an oilchange, will void the deal completely.

In most cases, I'd agree but, that guy with the tranmission was just an example. Lubrico doesn't seem to that hard assed about it. Best part for me is I get paid in no more than 2 weeks and when your trying to run a business that's important.

[enko]

Is that good or bad?

Your first post is hyping up some aftermarket warranty that is apparently hyped up to be crap. It's bad.

[gogogo]

My friend called Lubrico last week and they told him that the warranty can be purchased from some dealerships such as KIA at McCowan and Hwy 7; however, the most interesting part is the car must be repaired at their destinated mechancial shops such as Sam's Garage which is next door at KIA dealership (note: if the car is located at markham, for instance).

I thought the aftermarket warranty can let you service / repair the car at your preferred dealerships and the dealership can reimburse the repairing cost from the warranty company. Lubrico said "No".

[Hellcat]

Your first post is hyping up some aftermarket warranty that is apparently hyped up to be crap. It's bad.

Talk to the guys like me that do service work for them. Call Lubrico and ask them for some shops that do work for them and ask them how they feel about Lubrico and whether they pay their claims. I'm happy with them and so are the customers that have brought their cars to me for warranty work.
Like I said, some warranty companies, maybe most, are crap. There are a couple out there that are decent guys. IMHO.