Probably three years and had one tiny issue.
There are Federal Lemon Laws that differ from State to State assuming you live in the U.S.A., and at some point your warranty runs its course and the Lemon Laws are no longer in effect. Virtually every part on my CRUZE is fully covered for 7 years/ 70K as I purchased additional protection and have an outstanding Dealership to service my CRUZE until 2021. While there is little doubt that many of the parts used in the CRUZE are provided by the lowest cost supplier, what "serious issues" are you speaking about that weren't covered under warranty. Do you know for the privilege to drive a fully covered new CRUZE it cost me $11,000 for the first year and $4000 in year two that I will never see in resale. Did you buy used, if so you saved tons of money upfront but are expected to pay for repairs. If you bought new you could have protected yourself against mechanical breakdowns with supplemental coverage for a nominal charge. In the 70s & 80s many new Cars came with a 12 or 24 month/12,000 or 24,000 mile new car warranty. I have no complaints although I do agree some of the parts are questionable. Good luck to ya!
However if you actually drive your car what the average american does(15,000 a year) that warranty will run out in less than 5 years anyway. I've had my cruze 4 years, I'm currently sitting at 94,000 miles. The only out of pocket expense that was not general maintenance(oil, tires, battery) I had was a leaking transmission cooler line, at $225.
Andrew,
You know the neat thing about you and no this is not a personal attack, I disagree with almost everything you say. I use one tank a month, drive about 4000 miles a year, and bought a Major Guard GMPP for $1100 and feel a lot better about my future driving the CRUZE than you'll ever know. Remember I'm the guy who was hit by the 18 Wheeler and drive as little as possible these days.
So you disagree with me that the extended warranty is a ripoff for most users even with the facts I presented? I guess if you can see the value in having a car payment with so little need for a car there will be no way for me to explain to you the lack of value in that warranty.
Sometimes I wish I'd leased mine. I drive right around 12k a year.
You can get a 2 year lease as well. My brother gets a new GMC sierra on lease every couple years. If the mileage worked for me I would be leasing, since I'm going to buy another newer model car every 5 years anyway.
Well first there is no such thing as an extended warranty. These service contracts cost pennies a day. I've put thousands on similar contracts, bought a very used Hyundai Excell which came with one and found a dealer who would fix anything, even items before they broke but thats another story. My Turbo Dodge Plymouth Mitsubishi Colt needed thousands in repairs as well, used the service contract. I drive about 6000 miles a year these days, I said 4K, however leasing a car is a commitment too. Full Sales Tax needs to be paid and most leases require an upfront payment & there are mileage restrictions as mentioned above, read the fine print. Other leases collect money on the back end, again read the terms of a lease. You don't "get" a new car every few years just out of the kindness of the Auto manufacturer basically for free? In answer to your question I absolutely believe in repair contracts. From 36,000 miles to 70,114 I am fully covered if and when my CRUZE breaks
Actually that's exactly how it works. Your lease is up, you turn in the car and can choose from any model you want to lease the next time. The savings over a payment gives you any fees and downpayments you need. Mileage limits vary but you can get up to 15,000 miles a year with GM.
1. Again my point was for most people this coverage doesn't actually offer what it claims. 7 years? NOPE since the average person would use that warranty up in 4.5 years. That $1100 coverage plan would only get the average person 2 YEARS extended coverage on a car that is only 2.5 years old!!!
Here is good info on leasing a G.M. Car, of course you need to qualify with G.M. Financial. Getting into a $0 down Car is a good deal, however its similar to buying a home vs renting a house as you build no equity in the lease, and if you visit the Chevrolet site you can clearly see how just stepping into most leased G.M. cars require about $4000 in drive off costs plus full Sales tax. The Impala I posted as a sample lease probably will cost $3500 in Tax and $3500 for the drive off fee. Add these to the monthly payments, and at the end of the lease term that is money you will never see again, except in States that will credit you for the previous sales tax paid and is not applicable for all leases. (Arkansas, Illinois, Maryland, Oklahoma, Texas and Virginia charge sales tax on the entire price.)
