Usefulness of maintenance warranty purchase

[Dudley]

Hello just bought new 2009 h3 with 144000 miles with front and rear diff does anyone have info on weather or not a maintenance warranty is worth money for h3 this is my first Hummer thank you
may have asked this question in wrong place senior leaders be merciful thank

 

[alrock]

First, are you talking a maintenance plan or a warranty? Typically those are two different things.

Often the warranties that are available after your manufacturer's warranty has expired are not good values. You'll want to purchase any extended warranties before the original one expires but that of course is not feasible here. Most 11 year old vehicles are going to need some maintenance. Just tackle it one issue at a time as they come up.

 

[Dudley]

Thank you for replying I meant a maintenance warranty with 144000 miles it might help timing chain and 4x4 repairs costly one big ticket item and warranty is paid for Labor cost add up real fast

 

[alrock]

If you think it's a good value, get some quotes. You'll never get a consensus on extended warranties on any forum, or any group of car buyers. We all have different perceptions of the value.

 

[Korby7]

On my ‘06 I paid $300 for a warranty that covered the engine and drivetrain with 6 oil changes and wiper blades. The dealership paid the other half and the warranty company had good reviews. It turned out to be a great value and I got my money’s worth and more. I’ve had exactly the opposite experience with other warranties. Like Alroc says, do your research.

 

[3Hummers]

I bought an extended warranty and maintenance plan when I bought my used Mini S since they have very high repair costs. Turned out to be a great investment. Sold the Mini after the warranty ran out but it paid for repairs that cost almost 4 times what the warranty cost. Maintenance plan was ok but not nearly as good a deal.

 

[amrg]

At 144K it may seem as a no brainer to do. Usually the trans fails at this mileage and other engine parts start failing. So if the insurance company is legit then why not?

Sent from my SM-G960F using Tapatalk

 

[650Hawk]

Just make sure you read the entire contract; what it covers and what it doesn't (exclusions). Warranty companies are in business to make money, not pay out. Kinda like Vegas...the House always wins!

 

[3rdH3]

I got GM Extended Warranty. Had several things done under it. I broke even. It's a gamble.

 

[Iwillnc]

I bought an extended warranty with my H2 in 2011 when I purchased it, I think it paid 150% the amount that I paid for the truck iirc over the 3 year 36k miles period.

Well worth it.

Edit let me repeat my statement. 150% of the amount I paid for the truck, not the warranty itself.

 

[Dudley]

Thank you everyone for your responses being new to paying to repair h3s it’s nice to ask theses questions I found very legitimate company but will read contract well to protect myself thank you again for your responses and for taking the time

 

[Jeepwalker]

H3's are expensive to own and repair IMO. So if you've read the warranty WORD-FOR-WORD (I mean that literally) ...and it looks like it'll cover you in the event of main things that can fail, yeah, might be a good deal.

Even if you don't use it much, and come out paying more for the warranty than repairs, there is great value on peace of mind and several years of 'good night's sleep' vs worrying about how to come up with repair money and "...should I just 'dump it' and get a new vehicle'?" continual thinking and questioning your decision to buy it when something goes wrong. It might help you enjoy the vehicle more. That can be make or break for a lot of used car owners.