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O.K. good2go . . . thanks for the heads up . . . I got a call in to Denny Menholt . . . waiting to hear back.

I also called a local dealer here and am just going to shop around for the best deal . . .

Also, interested to hear you all's take on better option:

The Indiana place is offering

GMPP / Ally - 96 month / 120K warranty - $0 deductible for $3176
VS.
GMEPP / GM backed - 84 month / 100K warranty - $0 deductible for $2880

I know GMPP / Ally is no longer GM backed, and maybe doesn't cover quite as many parts (less suspension / electronics coverage etc.)

Which one would you think is the better deal? I know for sure at 120K this vehicle is going to have its fair share of service needs.

All you basically need is to incur 2 fairly pricey repairs to get the ~$3K warranty to pay for itself. I know on my 96' Impala SS I paid $2200 for the extended warranty, and ended up having over $6000 in covered repairs so it was well worth it. But then I had another $14,000 in uncovered repairs as I lost both the engine at 115K and the transmission at 148K. If I'd had the 120K mileage warranty, it would have saved me $9,000 on the engine, so I'm split between a better warranty vs. better mileage.
The GMEPP plan is the better plan, hands down! As far as the maximum duration, you can obtain a longer coverage period if you delay your purchase until further down the road. This has already all been discussed in this thread. As a said, read up. You can basically work it to get up to (nearly) 9 year/124K mile coverage, or 10 year/111K mile coverage with the GMEPP if you do it right.
 

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Yeah, I just read through the whole thread. Got the idea . . . Sorry for the redundancy . . .

I already spoke to Fichtner and he is getting my quote ready

He also told me that if I buy now, as long as the vehicle is under 10 years old and under 100K I can still tack on more later if I want.

He said if you wait until just under 3 yr / 36K the price essentially triples (he gave the example of $1500 going to $4500) but that was for the full warranty 84/100K, but he did completely confirm what many have argued about and been confused by, that essentially the car would be "bumper to bumpered" for ~10 years and ~136K

So, my idea was to go ahead and buy now the 84m / 100K and go to my credit union and see if they'll work with me on injecting it into my loan for the SS.

If around the 3 year / 36K mark, and/or the 7 year / 100K mark I want to buy an extra year / 12K or so, I'll worry about that then.

I'll ask him about the 2 yr / 24K "sweet spot" that was discussed, however, my worry about that plan, is that 2 years from now GM will pull the rug out from under the GMEPP and won't offer that anymore, so I kind of like locking in the "bumper to bumper" to 7 yr / 100K now while its a lock.

I think it is better to get in while the deal is there and locked in for a cheap price . . .
 

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...

He said if you wait until just under 3 yr / 36K the price essentially triples (he gave the example of $1500 going to $4500) but that was for the full warranty 84/100K, but he did completely confirm what many have argued about and been confused by, that essentially the car would be "bumper to bumpered" for ~10 years and ~136K

. . .
Hmm, I think you may want to double check that. I was told the 7/100 was only offered until the car reaches 2 yr or 24K miles, and then after that (but before 3/36K BB expired) it dropped down to 7/75 of additional coverage, thereby making those theoretical limits I mentioned earlier.

As to purchasing ANY kind of coverage just prior to reaching 10yr or 100K, I could only speculate that the additional coverage terms would be very brief and VERY expensive.

The way I look at it, there is no free lunch. The pricing is largely based on the amount of time it will stand alone (i.e exposure) after the factory BB expires. Additionally, the longer and higher mileage terms clearly incur more risk of increased wear and degradation, so the rates again increase non-linearly. It's kind of like trying to bet against the house at the casinos. They control the game, they know the odds, and over the long term, they will make money.

.02
 

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Hmm, I think you may want to double check that. I was told the 7/100 was only offered until the car reaches 2 yr or 24K miles, and then after that (but before 3/36K BB expired) it dropped down to 7/75 of additional coverage, thereby making those theoretical limits I mentioned earlier.

As to purchasing ANY kind of coverage just prior to reaching 10yr or 100K, I could only speculate that the additional coverage terms would be very brief and VERY expensive.

The way I look at it, there is no free lunch. The pricing is largely based on the amount of time it will stand alone (i.e exposure) after the factory BB expires. Additionally, the longer and higher mileage terms clearly incur more risk of increased wear and degradation, so the rates again increase non-linearly. It's kind of like trying to bet against the house at the casinos. They control the game, they know the odds, and over the long term, they will make money.

.02
I'll double check when I follow up with him tomorrow . . . I was more worried about years rather than mileage so, you're probably right. But I do like the option of tacking on, rather than waiting until "sweet spot" time . . .

For instance, if I buy tomorrow, 84 / 100K, then right at "sweet spot" time <2yr <24K I want to tack on an additional yr. / 12K, I think that would be better than waiting until "sweet spot" time to buy the whole thing, only to find out that GM has changed the GMEPP deal 2 years from now, and its no longer anywhere near as good a deal at that point.

According to him, as long as the car was less than 10 years old and less than 100K miles you could still add on GMEPP yrs / mileage. Not sure what the cost would be at that point but I'll ask him if I talk with him tomorrow, but surely it would be less than the 10K I doled out for a new LT1 for my 96 Impala SS at 115K miles. Of course that's considering GM offers any kind of GMEPP plan at that time, etc. but, I'll worry about that if and when necessary.

I vastly prefer to pay for warranty up front and know I have the car 100% covered with 20% gap through my insurance for collision etc., and 100% zero deductible for mechanical / electrical repairs. Then, it is just a matter of making the payments, and no surprises along the way far past the term of the loan.
 

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... you do not add additional time/mileage to the plan you have; you cancel existing warranty and re buy new plan at higher $$$. expensive.
 

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As someone who has owned a VW Passat W8, I all too familiar with extended warranties. Saved my rear many times over. I was considering one for the SS, but I honestly can't wait to start modding it. And buying and extended warranty would push that off even further.
 

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^^ I wouldn't skip getting a quote from James Black either. I've bought from him before, as he ended up being the best price (at that time).
I did . . . Fichtner was cheaper by about $150 or so . . .

... you do not add additional time/mileage to the plan you have; you cancel existing warranty and re buy new plan at higher $$$. expensive.
This is verified and correct . . . However, he did mention that towards the end of the original you can pay for additional year(s) mileage if you choose on a new contract. He said it would likely be a little less than $3K per year at that point, so prob. won't decide to do it, however, I should have the vehicle paid off easily by then, so after my '96 Impala SS experience, $3K per year for another guaranteed 2 or 3 years or so, especially at a time when things are likely to start going out . . . shocks for instance . . . might actually be worth it . . . those are some crazy expensive shocks . . . we'll see . . . when it comes time . . . If I'd extended my GMPP on my 96 Impala SS, I would have ended up saving big time on it.

As far as "sweet spot" timing, he said probably 10 or 11 months at 9K miles he could likely get me a similar price in summer of 2018 but no guarantees of course, and I know for sure that there's no way I'm going to be able to put 9K miles on this thing this year, so . . . I think I'm going to just go ahead and do it now.

So just for information for anyone else who is interested . . . Denny Menholt Chevrolet as detailed in thread posts is offering me

84M/75K $0 deductible for $2165.00
OR
84M/100K $0 deductible for $2730.00

Even if this car ever becomes my daily driver, and that won't happen for at least a year, I would have a really hard time hitting 100K within a 7 year time span . . . so I think I'm gonna go with the 84M/75K/$0D for $2165.00

A huge thank you to good2go and others who saved me over $200 with the other place I was thinking about going with.

Also, if anyone is thinking of buying the SS and getting GMEPP through the dealer you're buying from, definitely, shop around . . . You might not be able to build it into the cost of a loan, and have to do it externally, but I called around, and locally, a GM dealer here was gladly willing to sell me the same 84M/75K/$0D GMEPP plan for $3600.00, a $1500 mark up! At the very least, bring in a fresh quote from Denny Menholt, and use it to talk them way down, and then you could still build it into a single loan.
 

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Vehicle Service Contracts are not Extended Warranties

Terminology nitpick.... The thread headline and most of the posts have used incorrect terminology, because there are zero warranty options...
All the warranties are fixed, no options.

However there are a bunch of *repair insurance* options, such as Ally/GMPP & GMEPP.
...
...
I'm surprised nobody challenged eli for making these statements. During my current shopping spurt for an "extended warranty," i.e. a Chevrolet Protection Plan/GMEPP, I obtained from several GM dealers quotes and sample contracts for the plan. The actual contracts for these plans are for Vehicle Service Contracts, not for extended warranties.

To get some assurance that lesser known GM dealers, at least on this forum, are selling the same contracts as Menholt Chevy and James Black Cadillac, I noticed that all the Chevrolet Protect Plan contracts offered by GM dealers online are the same, VSCs. You can see one here from the Chevrolet website.
http://www.chevrolet.com/content/dam/chevrolet/na/us/english/index/owners/warranty/02-pdfs/GEP0515-protection-plan-veh-serv-contract-chevy-sample.pdf

Though they're service contracts, they do provide some conveniences of a new car warranty and other benefits that most warranties don't provide. Thus, protection plans is a fitting description for these products.

Hello All,

. . . but anyway, I'm now in the market for an extended warranty for the SS.

I was looking at this place OFFICIAL GM Extended Warranty Plans | GMEPP | GMPP

They claim they are a certified GM dealer, that offers the GMEPP online nationwide at cost . . . . . .

Anyone have any familiarity with them? They quoted me a really good price . . .

...

I think that is a great deal . . . Any one have any recommendations or warnings . . .
I don't have any recommendations or warnings about this seller, Smith Motors of Lowell, IN but the way they handled a complaint on BBB, and the information they provided about the Chevrolet Protection Plan are impressive and informative.

https://www.bbb.org/northernindiana/business-reviews/new-car-dealers/smith-motors-of-lowell-inc-in-lowell-in-90078487/reviews-and-complaints

To get this, you may have to click on "view customer complaint." Smith's response to the customer's complaint explains that the GMEPP is not a warranty, but a Vehicle Service Contract as per the customer's agreement/contract.

I hope the info I've found in my shopping spurt and shared here will help you determine whether the products offered by various GM dealers are genuine GMEPPs, and will give you the means to compare plans offered by various dealers and others.
 

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I don't have any recommendations or warnings about this seller, Smith Motors of Lowell, IN but the way they handled a complaint on BBB, and the information they provided about the Chevrolet Protection Plan are impressive and informative.

https://www.bbb.org/northernindiana/business-reviews/new-car-dealers/smith-motors-of-lowell-inc-in-lowell-in-90078487/reviews-and-complaints

To get this, you may have to click on "view customer complaint." Smith's response to the customer's complaint explains that the GMEPP is not a warranty, but a Vehicle Service Contract as per the customer's agreement/contract.

I hope the info I've found in my shopping spurt and shared here will help you determine whether the products offered by various GM dealers are genuine GMEPPs, and will give you the means to compare plans offered by various dealers and others.

I used Smith for my Yukon Denali GMEPP Platinum...no issues and easy to deal with (it saved me some $$ when TC went bad and PS started leaking...made up my costs right there).


I just got a quote from for my 2017 SS 84mos/66k miles 1850 0 ded, 1575 $100 Deductible. (I've had my SS since March 2017 and have 10K miles). Given cost of magride and electronics, one repair would eat that up quick.
 

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The extended warranty purchase sweet spot?

It's been mentioned in threads concerning extended warranties that the best (lowest) cost/benefit ratio is obtained by purchasing an extended warranty when the SS is about two years old. I kept this in mind during the second 12 months that I owned my SS and started getting quotes on the GMEPP extended warranty (really a vehicle service contract).

Please see the attached table containing notes that I took on quotes I received from a discount seller on select mileage and month plans. I obtained quotes at 3 time/mileage points; when my SS was (a) 13.5 months old and had gone 11.3k miles, (b) 20.6 months old at 16.6k miles, and (c) 26.7 months at 19.8k miles. These time points essentially represent one year, a year and a half and two years after the SS was purchased. For our purposes here, please ignore the rightmost four columns of the table.

Note in the table that I have shaded the 4/24/17 and 5/24/18 quotes in the same color for essentially the same coverage at the 12 month and 24 month points. The table shows (in the green shaded areas) that a 72 month/60k mile plan purchased after 24 months provide essentially the same coverage as an 84 month/72k mile plan purchased 12 months earlier, and the former costs just a tad more, $2180 vs $2165. However, the 24 month quote contains an extra $100 off compared to the 12 month quote, and the 12 month quote being for 72k miles will in this case extend coverage just over 6500 more miles compared to the 60k mile quote. So, for an equivalent plan at both time points, it might cost considerably more to buy at 24 months compared to 12 months.

Also, these data show that the cost of shorter term plans increase considerably more when the purchase is made one year later, or is it because the comparisons are more equal than those mentioned above? Compare the blue shaded areas on the table where a 72 month/60k mile plan purchased at the 12 month point costs $290 less than a 60 month/50k mile plan purchased at the 24 month point, both providing essentially the same coverage duration for months and mileage. For an even shorter term, the two areas shaded in purple, the cost for waiting a year and purchasing a shorter term becomes more costly.

These data are actual quotes from the same seller for the same car at the date and mileage points given. Note that the first two plans compared highlighted in green are not equivalent. And yes, your mileage, car age and quotes may vary. But you might find this information helpful along with custom quotes in determining your own sweet spot to buy an extended warranty based on your car's mileage and age.
 

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It's been mentioned in threads concerning extended warranties that the best (lowest) cost/benefit ratio is obtained by purchasing an extended warranty when the SS is about two years old. I kept this in mind during the second 12 months that I owned my SS and started getting quotes on the GMEPP extended warranty (really a vehicle service contract).

Please see the attached table containing notes that I took on quotes I received from a discount seller on select mileage and month plans. I obtained quotes at 3 time/mileage points; when my SS was (a) 13.5 months old and had gone 11.3k miles, (b) 20.6 months old at 16.6k miles, and (c) 26.7 months at 19.8k miles. These time points essentially represent one year, a year and a half and two years after the SS was purchased. For our purposes here, please ignore the rightmost four columns of the table.

Note in the table that I have shaded the 4/24/17 and 5/24/18 quotes in the same color for essentially the same coverage at the 12 month and 24 month points. The table shows (in the green shaded areas) that a 72 month/60k mile plan purchased after 24 months provide essentially the same coverage as an 84 month/72k mile plan purchased 12 months earlier, and the former costs just a tad more, $2180 vs $2165. However, the 24 month quote contains an extra $100 off compared to the 12 month quote, and the 12 month quote being for 72k miles will in this case extend coverage just over 6500 more miles compared to the 60k mile quote. So, for an equivalent plan at both time points, it might cost considerably more to buy at 24 months compared to 12 months.

Also, these data show that the cost of shorter term plans increase considerably more when the purchase is made one year later, or is it because the comparisons are more equal than those mentioned above? Compare the blue shaded areas on the table where a 72 month/60k mile plan purchased at the 12 month point costs $290 less than a 60 month/50k mile plan purchased at the 24 month point, both providing essentially the same coverage duration for months and mileage. For an even shorter term, the two areas shaded in purple, the cost for waiting a year and purchasing a shorter term becomes more costly.

These data are actual quotes from the same seller for the same car at the date and mileage points given. Note that the first two plans compared highlighted in green are not equivalent. And yes, your mileage, car age and quotes may vary. But you might find this information helpful along with custom quotes in determining your own sweet spot to buy an extended warranty based on your car's mileage and age.
Deductible is what ???

Platinum ???

Powertrain coverage extension is moot.

Remember for future delayed purchase extrapolation purposes there are price increases beyond age/mileage. That is an unknown.

All I know is:

Alan Black (James Black Cadillac) is always $100 cheaper than the rest. He is good people.

2017 SS 2,650 miles; 5 days short of 1 year in service (as the cost increases after the 1 year mark) GMEPP Platinum $ZERO deductible 84/75,000 = $2,115
 

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It's been mentioned in threads concerning extended warranties that the best (lowest) cost/benefit ratio is obtained by purchasing an extended warranty when the SS is about two years old. I kept this in mind during the second 12 months that I owned my SS and started getting quotes on the GMEPP extended warranty (really a vehicle service contract).

Please see the attached table containing notes that I took on quotes I received from a discount seller on select mileage and month plans. I obtained quotes at 3 time/mileage points; when my SS was (a) 13.5 months old and had gone 11.3k miles, (b) 20.6 months old at 16.6k miles, and (c) 26.7 months at 19.8k miles. These time points essentially represent one year, a year and a half and two years after the SS was purchased. ...

As I am most likely the one who posted it (see post below), I feel compelled to comment here. That sweet spot was mentioned by Ken Fichtner two years ago and he was quite specific that it was immediately prior to reaching the 2yr/24Kmi threshold. I cannot say if that spot still exists in today's pricing or not, but if it does (and in spite of all the work you've put into it) your data would not reflect it, given that you surpassed that threshold. :shrug:


https://www.ssforums.com/forum/chevy-ss-dealers-pricing/87706-2016-warranty-options-pricing-q-2.html#post1913290
(see third paragraph)



.
 

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Deductible is what ???

Platinum ???
As written in the second line of the table's footnotes, "All quotes are for the platinum zero deductible plan."

RTFN or Read Table's FootNotes, CB!!

Powertrain coverage extension is moot.
Again, read the post more carefully where it says in red. "For our purposes here, please ignore the rightmost four columns of the table." These columns contain "figuring" on extensions, and I should have deleted them.
Remember for future delayed purchase extrapolation purposes there are price increases beyond age/mileage. That is an unknown.

All I know is:

Alan Black (James Black Cadillac) is always $100 cheaper than the rest. He is good people.

2017 SS 2,650 miles; 5 days short of 1 year in service (as the cost increases after the 1 year mark) GMEPP Platinum $ZERO deductible 84/75,000 = $2,115
Comparing the quote you provide to this one in my table from Ken Fichtner received on 4/24/17 for my 2016 SS 11,363 miles, 1 year and 42 days in service the GMEPP Platinum Zero deductible 84/75,000=$2165, it is noted that the cost increase after passing the one-year mark is probably not very significant. It's just $50 more and that's for a 47 day older car with more than 4 times the mileage. Unknowns are the date of James Black's quote, any price increases for the product, and Black's normal price compared to Fichtner's which you say is "always" $100 cheaper.

Still this is good information for those considering a GMEPP purchase to help them determine their acceptable sweet spot.
 

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As written in the second line of the table's footnotes, "All quotes are for the platinum zero deductible plan."

RTFN or Read Table's FootNotes, CB!!


Again, read the post more carefully where it says in red. "For our purposes here, please ignore the rightmost four columns of the table." These columns contain "figuring" on extensions, and I should have deleted them.


Comparing the quote you provide to this one in my table from Ken Fichtner received on 4/24/17 for my 2016 SS 11,363 miles, 1 year and 42 days in service the GMEPP Platinum Zero deductible 84/75,000=$2165, it is noted that the cost increase after passing the one-year mark is probably not very significant. It's just $50 more and that's for a 47 day older car with more than 4 times the mileage. Unknowns are the date of James Black's quote, any price increases for the product, and Black's normal price compared to Fichtner's which you say is "always" $100 cheaper.

Still this is good information for those considering a GMEPP purchase to help them determine their acceptable sweet spot.
My GMEPP was purchases 5-5-2018 ... 1 year and a few days after your quote; hence the small difference in $$$

Yeah after looking at all the boxes, colors and trying to process it all I got bored with TMI ...
 

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Without reading this (should be a sticky) thread again, is the GMEPP Platinum transferable to the 2nd owner?
If so what’s the process?
Thanks
I just purchased a Platinum plan from James Black Cadillac last week, so I have the contract handy. It says:


9. TRANSFER OF YOUR VEHICLE SERVICE CONTRACT
a. Your Contract is transferable to the person You sell or otherwise transfer Your Vehicle to while this Contract is still in force. This Contract cannot be
transferred if the title transfer of Your Vehicle passes through an entity other than the subsequent buyer, or Your Vehicle is sold or traded to a dealership, leasing agency or entity/individual in the business of selling vehicles. This Contract cannot be transferred on a leased Vehicle, unless original lessee is purchasing the Vehicle. This Contract can only be transferred once and the transfer must be made by the original Contract Holder.

b. To transfer, the following must be submitted to the Administrator within 30 days of the change of ownership to a subsequent individual purchaser:
- A copy of Your Registration Page;
- A completed transfer form; with
- Name and Address of new owner, date of sale to new owner, current mileage; and
- $75.00 Transfer Fee ($40.00 Florida Only) made payable to the Administrator.
c. Any remaining manufacturer’s warranty must also be transferred at the same time as Vehicle ownership transfer.​
 
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