Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Extended Warranty
miller4isu
 

Posts: 18
Joined: Feb 2012
Location: Iowa - US
Post: #1
Extended Warranty

After waiting about 6 weeks for LR to accept my order, my dealer says my order has been accepted! He is seeing about 3 months from placing order to delivery. (Santorini Prestige, all options except RSE)

One of the options I am considering is an extended warranty. For $3,595 US I can extend the 4 yr/50,000 mile factory warranty to 6 yr/100,000 miles.

What is everyone's thoughts on the extended warranty? On one hand, with the Evoque being so new to the market, I'm thinking it would be money well spent so I don't have to worry about reliability. On the other hand, I know LR has improved their reliability over the past few years - and $3,595 is quite expensive!

Thoughts?
25-02-2012 03:13am
Find all posts by this user Quote this message in a reply
ED209
 

Posts: 1,128
Joined: Aug 2011
Location: durham
Post: #2
RE: Extended Warranty

Sounds like a rip off to me,
25-02-2012 04:09am
Find all posts by this user Quote this message in a reply
masmullin
 

Posts: 45
Joined: Feb 2012
Location: Canada
Post: #3
RE: Extended Warranty

(25-02-2012 03:13am)miller4isu Wrote:  After waiting about 6 weeks for LR to accept my order, my dealer says my order has been accepted! He is seeing about 3 months from placing order to delivery. (Santorini Prestige, all options except RSE)

One of the options I am considering is an extended warranty. For $3,595 US I can extend the 4 yr/50,000 mile factory warranty to 6 yr/100,000 miles.

What is everyone's thoughts on the extended warranty? On one hand, with the Evoque being so new to the market, I'm thinking it would be money well spent so I don't have to worry about reliability. On the other hand, I know LR has improved their reliability over the past few years - and $3,595 is quite expensive!

Thoughts?

I got a +3 year (7yr total) 120,000KM (not miles but KM) for 2600 Canadian.

The question you have to pose yourself is "what is the likelyhood that there will be a major issue" and "if there is an issue, how much will it cost"

I figured that there is maybe a 60% chance that something will go wrong, and that it would cost me $4000 or so to repair. So 0.6 * 4000 = 2400.

So basically I am paying $200 for piece of mind. I also think I may have overestimated the percentage chance that something will go wrong between year 4 and year 7.

You may wish to just take that $4000 and park it in a savings account.
25-02-2012 05:01am
Find all posts by this user Quote this message in a reply
broady43
 

Posts: 321
Joined: Nov 2011
Location: North Yorkshire
Post: #4
RE: Extended Warranty

I would put the$3,595 towards a newer car still in warranty when the 3 years warranty is up.

5 door Pure sd4 Tech Fuji with black roof, tinted windows, ebony seats, style 4 alloys, xenons, fogs,black grille.
Arrived 29/03/2012.
25-02-2012 09:39am
Find all posts by this user Quote this message in a reply
Sarcastrix
 

Posts: 495
Joined: Jan 2012
Location: Sweden
Post: #5
RE: Extended Warranty

(25-02-2012 09:39am)broady43 Wrote:  I would put the$3,595 towards a newer car still in warranty when the 3 years warranty is up.

4 years in the USA, 3 years in the UK and until recently it used to be 2 years in Sweden and much of Europe.

Ordered: 25th Jan 2012 - Completed: 8th March 2012

Dynamic Coupe SD4 Auto / Fuji / Pano Roof / Tech Park 2 / Style 6 Alloys / Privacy Glass / Adaptive Xenons / Black H'lining / Cold Climate Pack / Auto-dim Mirror / Aux Heater / Roof Rails / Mud-flaps
25-02-2012 11:37am
Find all posts by this user Quote this message in a reply
Bo_vien
 

Posts: 22
Joined: Nov 2011
Location: USA
Post: #6
RE: Extended Warranty

Aren't factory warranties negotiable from dealerships? I'd try calling other LR dealerships for quotes.

1999 Toyota Camry LE - Woodland Green Prl, 14" steel rims, power windows and driver seat, broken cassette player Surprised
2012 Fuji White Tongue Out
25-02-2012 07:22pm
Find all posts by this user Quote this message in a reply
martinPL
 

Posts: 82
Joined: Oct 2011
Location: Seattle
Post: #7
RE: Extended Warranty

I spend approximately $6,000 for the repairs of my RRS after its warranty ended and before 100K miles: suspension compressor, rear differential leak, transfer case. I like this rig to the point I am not selling it + what I'd have to spend for the new one is way way way more compared to what I can for this one. My days of changing the cars every 3 years are over - I simply have better use for the money. This is why I purchased an extended warranty for my wife's Evoque. I got it for $3,500 and its the same mileage and time limit as in the initial post. It is transferable so if we start hating the RRE we can get sell it with the vehicle.
25-02-2012 10:15pm
Find all posts by this user Quote this message in a reply
Sarcastrix
 

Posts: 495
Joined: Jan 2012
Location: Sweden
Post: #8
RE: Extended Warranty

(25-02-2012 07:22pm)Bo_vien Wrote:  Aren't factory warranties negotiable from dealerships? I'd try calling other LR dealerships for quotes.

+1 like all insurance polices there is plenty of room for negotiation on extened warranties. Luckery the RRE does have expensive suspension or 4x4 system.

Ordered: 25th Jan 2012 - Completed: 8th March 2012

Dynamic Coupe SD4 Auto / Fuji / Pano Roof / Tech Park 2 / Style 6 Alloys / Privacy Glass / Adaptive Xenons / Black H'lining / Cold Climate Pack / Auto-dim Mirror / Aux Heater / Roof Rails / Mud-flaps
26-02-2012 12:01am
Find all posts by this user Quote this message in a reply
Cedric
 

Posts: 213
Joined: Jan 2012
Location: Belgium
Post: #9
RE: Extended Warranty

Before getting the extended warranty, I would inspect what it covers. Some basic warranties are just crap. Not having had a RR before I wonder what your experience with the basic warranty is. I'm happy with the 3 year assistance in europe it comes with.
26-02-2012 03:26pm
Find all posts by this user Quote this message in a reply
miller4isu
 

Posts: 18
Joined: Feb 2012
Location: Iowa - US
Post: #10
RE: Extended Warranty

All very good points - Does anyone know if the extended warranty has to be purchased at the same time as car purchase? It might be nice to have the Evoque for a while before I have to decide if I should purchase the extended warranty. My thought is that if I absolutely love the Evoque, and plan on keeping it long term, the extended warranty may make more sense. If I only plan on keeping it 3 years or so, it wouldn't make much sense to get the extended warranty.
Has anyone else in the US purchased the 6 yr/100,000 mile warranty? What did you end up paying for it?
26-02-2012 04:09pm
Find all posts by this user Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 2 Guest(s)
babyRR is an independent web site and not affiliated with Land Rover