Extended Warranty

[Michael Conley]

Approaching 90k on my 2012, bought used about 6 months ago. Anyone have an extended warranty through a 3rd party like Carchex or Car Shield?

Thanks

 

[ktm525]

It's 8 years old?

 

[CompassRT]

The Toyota dealership where I bought my 2011 from wanted $12k for a four-year bumper to bumper extended warranty, lol.

 

[ryanjl]

Take that $12k and put it in bitcoin. That way your future financial elasticity for repairs is as volatile as the Rover's prospects for reliability.

 

[double 0]

So I bought my 2011 about 22 months ago with 69k miles. Paid $4500 for the Red Shield Premier Plus (their top of the line) for 4 years/48k miles. It is *pretty much* bumper-to-bumper.

1. It did not cover my crossover pipes replacement since they were plastic parts. That was a bummer denial - cost about $1300.
2. Paid for rear wiper motor.
3. Paid for LCA bushings.
4. Paid for 1 stuck injector (I had the other 3 in the bank replaced along with the spark plugs, but the $700 labor was covered since they were already in there).

- I feel I am getting good value and peace of mind with this warranty. Seems like I'm checking the boxes of the known issues with this truck. But you need to weigh what has already been done. But seemingly the 2 potential remaining biggies for me are:
- In case the timing belt guides go, it is covered
- If the air suspension goes, it is covered

Sorry to save the bad news for the end. The warranty turns into a pumpkin at 100k. Then it's just powertrain only. Obviously still a good deal for me - I'm still only at 77k. But I know you are at 90k. Not sure if they will go further for more $$.

Good luck.

 

[ktm525]

I find the proliferation of warranty offerings on old high mileage vehicles amazing. These warranties must pay out less than they charge to make it a viable business. With the amount of "stuff" that can crop up I am surprised that there are companies offering coverage. Then again in my LR4s 10 year 115k life it has only had a water pump fail and I replaced the control arms. All the other stuff was consumables.

 

[kenk]

I purchased a 2010 LR4 with 93k miles in June 2019 and got a 3 year/36k warranty from Gold Standard Automotive Network from the used car dealer for $3200. So far has about paid for itself. New LCA bushings, radiator, water pump, alternator, $200 towards new brake rotors plus one or two smaller items. It didn’t pay for any new hoses nor an emergency parking brake.

 

[cperez]

I purchased a 2010 LR4 with 93k miles in June 2019 and got a 3 year/36k warranty from Gold Standard Automotive Network from the used car dealer for $3200. So far has about paid for itself. New LCA bushings, radiator, water pump, alternator, $200 towards new brake rotors plus one or two smaller items. It didn’t pay for any new hoses nor an emergency parking brake.

Seems like a decent if not really good deal all around. Getting anything at all towards the brakes is a bonus on these rotor-munching beasts.

 

[Michael Conley]

I purchased a 2010 LR4 with 93k miles in June 2019 and got a 3 year/36k warranty from Gold Standard Automotive Network from the used car dealer for $3200. So far has about paid for itself. New LCA bushings, radiator, water pump, alternator, $200 towards new brake rotors plus one or two smaller items. It didn’t pay for any new hoses nor an emergency parking brake.

Did all those fail or we're you able to have it covered as "just to be safe"?

 

[kenk]

Did all those fail or we're you able to have it covered as "just to be safe"?

They all failed so they were covered. No preventive parts replacement under this warranty. Otherwise I would have the timing chain done.