Extended Warranty on a 2002 Maxima

Extended Warranty on a 2002 Maxima - Is it Worth it ?

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mfefer@rogers.com - 29 May 2004 14:20 GMT

I just bought a 2002 Maxima SE / six speed with ~ 38km. I paid ~ $Cdn
24,000.

I do about 30,000 km / year

Thing is I am eligible to buy an extended warranty that would extend
the original 60.000 km warranty period to 120,000 km for ~ $Cdn 1500.

Does anyone have any thoughts as to where this is a good deal ? Or are
Maximas so well built that they will probably not require anything
major up to ~ 120,000 km ?

regards

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Meat-->Plow - 29 May 2004 14:33 GMT

>I just bought a 2002 Maxima SE / six speed with ~ 38km. I paid ~ $Cdn
>24,000.
[quoted text clipped - 9 lines]
>
>regards

One repair could cost you big time. I wish I had purchased a warranty with my
1999.5 Pathfinder. Would have saved me at least $700 US for a distributor that
failed at 42K miles.

My philosophy is that ANY auto is capable of giving you costly repair problems
no matter who built it. I won't drive anything out of warranty ever again as
long as I can afford to buy a new car every 5 years or 60K miles.

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E. Meyer - 29 May 2004 16:19 GMT

On 5/29/04 8:33 AM, in article o14hb0hlsi4oc42rm5v85plnk48rv7434n@4ax.com,

>> I just bought a 2002 Maxima SE / six speed with ~ 38km. I paid ~ $Cdn
>> 24,000.
[quoted text clipped - 17 lines]
> no matter who built it. I won't drive anything out of warranty ever again as
> long as I can afford to buy a new car every 5 years or 60K miles.

But could you have gotten a warranty in '99 for under $700 that would have
made it cost-effective? If you buy a $1500 extended warranty and only have
one $700 repair, I would say it wasn't worth it.

I have only bought one extended warranty in 25 cars. That was for the '87
Ford Aerostar. Paid for itself four times over.

None of my Nissan/Infinitis have ever needed enough repairs outside of the
initial (free) warranty period that would have justified the cost of an
extra warranty.

All Nissan dealers have access to the history of repairs done to the car by
any dealer. Have one pull it up for you and you should be able to decide
based on what problems it has had up to now whether the extra insurance is
going to be needed.

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_Bob_ - 29 May 2004 15:17 GMT

>Does anyone have any thoughts as to where this is a good deal ? Or are
>Maximas so well built that they will probably not require anything
>major up to ~ 120,000 km ?

I can't think of any better way to waste your money. Assuming, of
course, your objective is to waste money.

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