Lubejobs42 Report post Posted April 12, 2015 Do you think it pays to add the 5 year extended warranty fit $10k? I'll never keep it more then 2 years but does it help resolve value at least that amount? Quote Share this post Link to post Share on other sites More sharing options...
Supercar Ace Report post Posted April 12, 2015 It's not a bad call if you're keeping the car for a while...$10k is not hard to get to on these cars if there is a medium to serious issue. But if you're only going to have the car short term the the standard warranty should be enough for you. Quote Share this post Link to post Share on other sites More sharing options...
serie1926 Report post Posted April 12, 2015 And, remember extended warranties are price negotiable. Quote Share this post Link to post Share on other sites More sharing options...
Fortis Report post Posted April 12, 2015 The only real benefit I see is resale, it might sell quicker than a similarly priced car without the extended warranty. How much value would a second hand car buyer would put on the extended warranty? Maybe not $10k, how much does it cost you to buy extended warranty at expiration of the standard period? I haven't heard any horror stories with these cars, combined that with the fact that you don't keep your cars that long I would personally pass. Quote Share this post Link to post Share on other sites More sharing options...
TeamSalamone Report post Posted April 12, 2015 Do you think it pays to add the 5 year extended warranty fit $10k? I'll never keep it more then 2 years but does it help resolve value at least that amount? next car you buy ... get it. The 12 cyl naturally aspirated car is soon to be a dinosaur and you may want to keep one... never say never.. and if you are a roadster guy ... you may be in a 2017-18 lp750 roadster and wait for 3-4 years for next roadster... it seemed a freaking LIFETIME between the Murci roadsters .. and the lp700 or the Murci sv to lp700 roadster .. changing a whole body style from the AV to the next best is going to be a few year wait from last car to first It does plenty for resale when you sell private mano a mano trade in "$0" diiference. We do 60k in 2 years we love that option Quote Share this post Link to post Share on other sites More sharing options...
sportsdrum Report post Posted April 12, 2015 next car you buy ... get it. The 12 cyl naturally aspirated car is soon to be a dinosaur and you may want to keep one... never say never.. and if you are a roadster guy ... you may be in a 2017-18 lp750 roadster and wait for 3-4 years for next roadster... it seemed a freaking LIFETIME between the Murci roadsters .. and the lp700 or the Murci sv to lp700 roadster .. changing a whole body style from the AV to the next best is going to be a few year wait from last car to first It does plenty for resale when you sell private mano a mano trade in "$0" diiference. We do 60k in 2 years we love that option [/quote 60k 2 year? Please elaborate with price. Thx Quote Share this post Link to post Share on other sites More sharing options...
w8yne Report post Posted April 15, 2015 And, remember extended warranties are price negotiable. After market yes, but not factory. Quote Share this post Link to post Share on other sites More sharing options...
ToofDoc Report post Posted April 16, 2015 60k 2 year? Please elaborate with price. Thx I think he meant 60,000 miles of driving in 2 years. Quote Share this post Link to post Share on other sites More sharing options...
Spydermak Report post Posted May 29, 2015 I'm gonna get a quote from Lambo newport and will update you guys. I heard several issues with the tranny. Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted May 29, 2015 I'm gonna get a quote from Lambo newport and will update you guys. I heard several issues with the tranny. Bruce Jenner been giving you problems? Quote Share this post Link to post Share on other sites More sharing options...
Blacksun Report post Posted May 29, 2015 Bruce Jenner been giving you problems? 😂😂😂 Quote Share this post Link to post Share on other sites More sharing options...
jtrump Report post Posted May 29, 2015 Bruce Jenner been giving you problems? Quote Share this post Link to post Share on other sites More sharing options...
LV Eric Report post Posted May 29, 2015 I made millions selling extended warranty service contracts. They are great to sell not buy. Quote Share this post Link to post Share on other sites More sharing options...
Spydermak Report post Posted June 2, 2015 I made millions selling extended warranty service contracts. They are great to sell not buy. You sell extended warranty? Quote Share this post Link to post Share on other sites More sharing options...
LV Eric Report post Posted June 9, 2015 You sell extended warranty? Not on cars, I was referring another gig years ago I don't buy them on cars ever Quote Share this post Link to post Share on other sites More sharing options...
CARZ Report post Posted June 10, 2015 Not on cars, I don't buy them on cars ever if you dont mind me asking......why not? is it because of hoops they make you jump through to get the claims? My theory has always been "insurance/warranty companies are in the business of making money, not paying money"........thankfully all my cars are new and have the new car warranty. but i wouldnt be surprised if the extended warranty is just an extended headache Quote Share this post Link to post Share on other sites More sharing options...
LV Eric Report post Posted June 11, 2015 if you dont mind me asking......why not? is it because of hoops they make you jump through to get the claims? My theory has always been "insurance/warranty companies are in the business of making money, not paying money"........thankfully all my cars are new and have the new car warranty. but i wouldnt be surprised if the extended warranty is just an extended headache I've done the math on it, what I have spent vs what a extended warranty costs. For me self insuring is the most economical way to go. Remember they don't sell you anything that's not in their favor. Just like a casino-every dollar you bet they are getting a piece of it. Having said that there are a very few people who buy it and have a huge catistopic problem and the extended service contract saves their ass. Chances are that's not going to be most people. Having said all that, I don't drive any of my cars that many miles a year. If j was going to push 30K miles a year then yeah i would probably buy a extended warranty. If I planned on keeping the car that long. So my point is its less often correct to buy a policy than to buy one. How far you driving? How long you plan to keep the car? Most people don't drive far as they think they are. The people selling those contracts pitch them "you just blew 500k, what's another couple dollars to know your gonna be good for a longer period of time?" It's a easy sale for the pitch man and his commish is pretty strong, so they step up the pressure lines. Don't fall for it, unless your really gonna drive the piss out of it Quote Share this post Link to post Share on other sites More sharing options...
AustinLambo Report post Posted July 13, 2015 Buying used you have to factor in previous use...largely unknown. So the PO could of driven it hard and the extended warranty could save you from having to pay for his use. What does the $10k cover? Can you research that and share the results? I would go to the dealer and ask them if the policy being offered covers the usual big ticket items and if they would accept it. I've done the math on it, what I have spent vs what a extended warranty costs. For me self insuring is the most economical way to go. Remember they don't sell you anything that's not in their favor. Just like a casino-every dollar you bet they are getting a piece of it. Having said that there are a very few people who buy it and have a huge catistopic problem and the extended service contract saves their ass. Chances are that's not going to be most people. Having said all that, I don't drive any of my cars that many miles a year. If j was going to push 30K miles a year then yeah i would probably buy a extended warranty. If I planned on keeping the car that long. So my point is its less often correct to buy a policy than to buy one. How far you driving? How long you plan to keep the car? Most people don't drive far as they think they are. The people selling those contracts pitch them "you just blew 500k, what's another couple dollars to know your gonna be good for a longer period of time?" It's a easy sale for the pitch man and his commish is pretty strong, so they step up the pressure lines. Don't fall for it, unless your really gonna drive the piss out of it Quote Share this post Link to post Share on other sites More sharing options...
ATL_ Report post Posted July 14, 2015 Buying used you have to factor in previous use...largely unknown. So the PO could of driven it hard and the extended warranty could save you from having to pay for his use. What does the $10k cover? Can you research that and share the results? I would go to the dealer and ask them if the policy being offered covers the usual big ticket items and if they would accept it. I believe the $10k provides the owner with a 2 year extension of the factory warranty terms associated with a new car. I am one of those that appreciates a warranty - shoot, on my SL the air con went out on me and was replaced at no cost. I believe the warranty on the Gallardos was like $7.5k, almost all of which would have been eaten up just from the AC. It is reassuring knowing what my maximum economic exposure to a car will be, coupled with the fact that when selling you can say "of course everything is mechanically perfect, the car is still under warranty." Quote Share this post Link to post Share on other sites More sharing options...
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