third party (car) warranty extension

[silvermist99]

Anyone have any real experience with third party warranty extension? and where was it purchased from!

[silvermist99]

nobody?

[Cardinal Fang]

From Canadian Car and Driver website:


Third-party plans allow you to take your car to repair facilities other than a dealer, but shops and dealers are not required to honour them if they choose not to, even if they sold you the plan (a dealer is obligated to honour its manufacturer's plan). You might have to pay up front and submit your bill to the warranty company to be reimbursed. This will likely be the case if your car breaks down when you're travelling and the repair shop may not be familiar with the warranty company.
Most, if not all third-party companies require repairs to be authorized by them first, even in emergencies. Many require that you pay for the diagnostic test, even if it pinpoints a covered repair. If you're in Halifax and your company's call centre is in Vancouver, you may not get authorization in time for your car to be repaired the same day.
Third-party plans are sometimes known for limited coverage. Pay special attention to what isn't covered; gaskets, which are frequently absent from many plans, can be very expensive to replace if they're located deep inside the drivetrain. Some will also require you to pay for peripherals: they'll cover the water pump, for example, but you'll have to pay for the seals and antifreeze.
Make sure you read the maintenance limitations, if there are any. Some plans are notorious for oil changes being done at specific intervals, and may reject a repair if the car is a few kilometres over its scheduled maintenance.
Understand the deductible. Some charge per visit, regardless of the number of repairs done, while some charge on each individual repair. You could bring the car in for three repairs at one visit, but be charged three deductibles.
Get the company's refund policy in writing. If the car is written off or sold, can you get back that portion of the plan? Can it be transferred to a new owner, or to your replacement vehicle? Or are you left paying for something you can no longer use?

[Dave_The_BMXER]

I had a lubrico, I never had to use it but did not renew it either.

[silvermist99]

thanks guys

found out dealership sells them too as long as the car is still under warranty period. I'll go ask them