Extended Warranty/GMPP

If you and your father both work at Chevy dealers then you'll know better than anyone else on these matters.

Having said that I always buy GMPP - but will now buy GMEPP as GM's relationship with GMPP has sunset.

I buy the maximum coverage, the longest term and the lowest deductible.

I do this because I am a low risk / low grief kind of guy.

It is buying an insurance policy. GM makes money on this product. That's why they sell it.

Since buying my first car in 1985 I have been covered by GMPP. Overall I've probably broken even:

1984 6000 STE - my advantage
1988 Caprice 9C1 - my advantage
1996 Impala SS - GM's advantage
1999 Tahoe POC - GM's advantage
2008 DTS - GM's advantage
2014 Cruze Diesel - too soon to tell. Four years and 50,000 miles remaining coverage.

GMEPP is a third party company that is under contract to GM.......the coverages are significantly less and are price limited.

GMPP by Ally is the original GM Protection Plan and Ally is the financial arm of GM.....previously known as GMAC.
GMAC was repositioned by the corporation when the bank issues popped up in 2007/2009.

GM dealers that are highly CSI oriented avoid marketing the GMEPP programs......They are considered sheit and of the same caliber as any of the aftermarket companies.

Read the detailed exclusions page of a GMEPP......note there are many "we won't pay ifs" in the contract......pay particular attention to audio coverages and maximum payment limits.

Note that these exclusions do not exist with Major Guard.

Rob

Did pay Menards 12 bucks for a two year warranty on a 200 buck dehumidifier, and Walmart 50 bucks for a three year warranty on a 1,000 buck HDTV.

If anything went wrong with them could bring these units back to the store and get a brand new one at the same price. In reality, was cheaper than having to pay a recycling charge on this crap if I had to get rid of it myself. Sure paid on that dehumidifier, unrepairable, left the old one and got a brand new one for free. Was also offered that same two year protection plan for 12 bucks extra, paid that.

Now if Walmart could charge 50 bucks on a 1000 buck HDTV for three years, GM should be able to charge a 1,000 bucks on a 20,000 buck vehicle and if they offered such a plan, would jump at it, just push in that old Cruze and drive out with a brand new one.

But what I was offered was a plan at three times the price with a list of exclusions the length of a football field, so said no thanks.

You should invest in an electron microscope to read the fine print.

Received a letter about a month ago, panic, my five year powertrain warranty is soon to die, can cost me 1,500 bucks if my power window doesn't go up, found a nice spot in my trashcan for that letter.

Last week the power window in my Supra didn't go up, these are interlocking switches so while one person is trying to raise the window and the other is trying to lower it, this is sure to blow a fuse or a circuit breaker. Knew the problem was the switch on the other side, took all about 20 minutes to remove the switch, take it apart, burnished the contacts, like new again, so the window is going up now.

It was around 30 years ago I sold my valve grinder, cylinder boring equipment, and distributor tester. Moved to a new home with less garage space, and really wasn't using this stuff anymore, bit too expensive to buy a crankshaft grinder. Major problem with these new engines, well old ones as well is carbon build up, Seafoam takes care of this for me. Driving sanely and replacing fluids, drivetrains will last forever.

But the major reason for getting rid of vehicles for the last 40 years or so is road salt and severe body rust, in particular with unibody's, no such warranty for this, and replacing parts, nothing left to weld them to.

Other problems are seal leaks, sure have taking a liking to Lucas products, son was given a 2000 Taurus from his father-in-law with a 100K miles on it when they were starting off. AT was using a quart of AT fluid every 700 miles, one treatment of Lucas AT seal restorer stopped that, he actually put another 150K miles on that car without AT leaks.

Other problem are these single driver belt systems, major culprit is the AC compressor and not keeping your condenser clean, high side pressure skyrockets and puts that load on other series components, in particular the water pump. If you keep this clean, won't have these problems. Also limited lubricated ball bearings, pop the seals off these things, clean and use Wolf's high temperature red bearing grease, good for another 100 K miles, but just stand miles away from bearing made in China.