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Car Forum / Nissan / Nissan Altima / July 2007

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Extended Warranty for my 2005 Altima

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Michael R. Erb - 14 Jul 2007 02:51 GMT
Just purchases a 2005 Altima 4 Dr 3.5 SL Sedan  with 32,000 miles. Dealer
had put new tires on it. The front and rear pads and rotors appear newly
replaced as well. Car is immaculate. Paid $16,575.

Wondering if I made a good deal?

Also wondering if I should consider the Toyota Extended Warranty that the
dealer is pushing on me. 7yr/75,000, 0% deductible and dealer wants me to
pay him $1100 for it. The factory 3yr/36,000 mile bumper to bumper factory
warranty is just about over.

Can't really decide if paying for the extended warranty is a good gamble or
not. Or can I "deal" with the dealer to get a better price?

Your thoughts would be greatly appreciated.

Michael
Bajori - 14 Jul 2007 13:30 GMT
> Just purchases a 2005 Altima 4 Dr 3.5 SL Sedan  with 32,000 miles. Dealer
> had put new tires on it. The front and rear pads and rotors appear newly
[quoted text clipped - 14 lines]
>
> Michael

Extended Warranties on used vehicles is usually not a bad idea, depending on
how long you plan on keeping the vehicle. But 1100 sounds a little too high,
and you may want to shop dealers some, possibly taking it to a Nissan shop
and paying for inspection and Certification, which has a better warranty
with a similar or lower cost.

www.jerseynissan.com
Michael - 15 Jul 2007 16:21 GMT
I called a local Nissan Dealer and asked them about this. They told me it
would cost $349 to have the car "Certified" and of course with no guarantee
that it would certify. And then he said his "cost" for the warranty was
about $600 and that he'd have to make "$300 to $400 profit". So basically
the NIssan Warranty would cost me
just about $1300 plus tax.

For $1300 I get a NIssan warranty which means the car has to be serviced at
a Nissan dealership only versus the Toyota Platinum Extended Warranty which
can be taken just about anywhere, including Nissan Dealerships.

So I'm not so sure the Nissan Warranty is the way to go.

>> Just purchases a 2005 Altima 4 Dr 3.5 SL Sedan  with 32,000 miles. Dealer
>> had put new tires on it. The front and rear pads and rotors appear newly
[quoted text clipped - 23 lines]
>
> www.jerseynissan.com
Bajori - 16 Jul 2007 15:38 GMT
>I called a local Nissan Dealer and asked them about this. They told me it
>would cost $349 to have the car "Certified" and of course with no guarantee
[quoted text clipped - 8 lines]
>
> So I'm not so sure the Nissan Warranty is the way to go.

Shop another Nissan dealer, get a better price. And I agree that the IDEA of
being able to take a vehicle anywhere is tempting, but there is no gaurantee
that a Nissan dealer will accept the Toyota warranty. The only dealers
required to accept the Toyota warranty are Toyota dealers. If you take it
anyplace else, even if that Nissan dealer will accept the work, you will
have to outlay out of pocket then submit for reimbursement. If you are going
to get a warranty that you feel will let you go anywhere I would actually
recommend one from a large after-market provider like JM&A or Universal,
where they are signed with most dealers and you do not have to submit for
reimbursement.

>>> Just purchases a 2005 Altima 4 Dr 3.5 SL Sedan  with 32,000 miles.
>>> Dealer
[quoted text clipped - 26 lines]
>>
>> www.jerseynissan.com
 
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