Auopair Warranty Canada
Dec 17th, 2019 9:50 am
Dec 18th, 2019 5:07 am
Dec 19th, 2019 9:10 am
VW moving up in the world wootwoot (or is it down being on this list?) haha. Not sure if this is a one-time charge or a per claim charge.**Surcharge of $200 for exotic class vehicles: Acura NSX, Alfa Romeo, Aston Martin, Audi R Series, BMW M Series, Bugatti, Bentley, Corvette, Cadillac XLR/CTS-V, Dodge Ram SRT10, Viper, Ferrari, Ford GT40, Jaguar, Lamborghini, Lexus LFA, Maserati, Mercedes Benz AMG Series, Porsche, Lotus, Maybach, McLaren, Nissan GTR, Rolls-Royce, Volkswagen Arteon RLine
6 months / 12,000km is pretty strict for the average person, i'm guessing this'll get them out of the average large claim if they are picky.What are my maintenance requirements?
To keep your warranty valid you are required to have an oil and oil filter change with all fluids checked/topped-up at every 6 months or 12,000 KM interval, whichever comes first. Maintaining proper oil and filter changes with proper fluid levels will help keep your vehicle safe and reliable. This will also protect your vehicle against avoidable and inconvenienced breakdowns.
Dec 23rd, 2019 12:38 pm
Dec 23rd, 2019 1:06 pm
Jan 22nd, 2020 2:40 am
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Jan 22nd, 2020 9:52 am
That is what I do. I just took the cost of the extended warranty when I bought my vehicle new, and invested that amount into a TFSA. The amount has more than doubled in that time and the costs I have had to pay for repairs were less than the extended warranty amount. It also helps to purchase a vehicle that is known for reliability so the odds of expensive repairs is reduced.
Jan 28th, 2020 11:05 pm
There are too many ifs here. I, for example, buying a used car and it is next to impossible to know what could go wrong at any time. I am also not a mechanic and cannot spot signs of trouble that a practicing mechanic could. This is also a purchase from a dealer, so arranging to have a local mechanic to take a look at it is not possible.hightech wrote: ↑ That is what I do. I just took the cost of the extended warranty when I bought my vehicle new, and invested that amount into a TFSA. The amount has more than doubled in that time and the costs I have had to pay for repairs were less than the extended warranty amount. It also helps to purchase a vehicle that is known for reliability so the odds of expensive repairs is reduced.
Extended Warranties are great under the following situations:
- Buying a luxury ride (BMW, Audi, Benz) and keeping the vehicle past the 4 year warranty
- Buying a vehicle that has a poor track record for reliability
- Buying a warranty if you want to keep the car for a long period (7+ years) and want some peace of mind.
The key is to READ the fine print and in particular, the stuff that they EXCLUDE or don't cover. Most likely it will be those items that will break down and the warranty won't help you with those things.
The one time I got an extended warranty was for my Toyota Camry back in 2002. The warranty didn't cover the timing belt, but covered the water pump. When I had to do the belt replacement, the pump was leaking. As a result, I just paid for the part value for the timing and other belts and the water pump and labour was covered under warranty. $180 for a timing belt/water pump, all belt service was a great deal for a job that typically would cost 3x that. At the end of it, I pretty much broke even on the extended warranty cost, and actually lost the opportunity cost that I could have made if I invested the cost of the warranty into stocks.
Jan 29th, 2020 8:00 am
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Jan 29th, 2020 1:50 pm
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