Bought a new 2012 GT but did not buy MEPP
- Thread starter jmckell
- Start date
If you ran yourself thin on a loan and will be paying the next 6 years, perhaps, but if not, then no. Mine is an 08' with 43k and the most expensive problem I've had is new front rotors & pads.
They are pretty reliable. The way I see it, I still have that 1500 bucks in the bank that could have gone into an extended warranty, but that I did not purchase, and that I have not needed, and that is still in the bank collecting interest, and that I can use on repairs if needed in the future.
Personally, I don't think they are a good idea 1) financially and, 2) a majority of third party warrantors are shady.
Congrats!!
They are pretty reliable. The way I see it, I still have that 1500 bucks in the bank that could have gone into an extended warranty, but that I did not purchase, and that I have not needed, and that is still in the bank collecting interest, and that I can use on repairs if needed in the future.
Personally, I don't think they are a good idea 1) financially and, 2) a majority of third party warrantors are shady.
Congrats!!
Thanks
The dealer tried to sell me a third party warranty which I almost bought (finance guy was a good salesman) I probably would of bought it if it was the MEPP but the dealership didn't sell it.
What I would like to know is what does the 3/36,000 warranty cover and what does the MEPP cover (if anything different)?
The dealer tried to sell me a third party warranty which I almost bought (finance guy was a good salesman) I probably would of bought it if it was the MEPP but the dealership didn't sell it.
What I would like to know is what does the 3/36,000 warranty cover and what does the MEPP cover (if anything different)?
3/36 covers anything and everything except for accidental damage and brakes. Brakes are covered only for the first 12 months.
Also, I believe factory warranties start at date of first sale, not date of production.
60k miles covers powertrain (wheel bearings, suspension/steering/awd stuff, engine) However some dealers do not cover ignition coils although they are supposed to be covered under the federal emmisions warranty.
Also, I believe factory warranties start at date of first sale, not date of production.
60k miles covers powertrain (wheel bearings, suspension/steering/awd stuff, engine) However some dealers do not cover ignition coils although they are supposed to be covered under the federal emmisions warranty.
- :
- 2022 CX-5 Turbo
jmckell,
No rush. You have before your OE warranty expires (3 yrs-) to decide on MEPP.
Once your OE warranty expires, it gets much more expensive to get it. Before it does,
there is basically no difference unless you factor in the inflation, etc.
No need to buy ext warranty when it is new. Walk away. You have 3 yrs to decide.
If you really feel like having the protection, shop around the MAZDA dealers in ALL STATEs
through emails.
There should be a remote one that sell MEPP dirty cheap to make a living. However,
I failed to find one, but I did not try very hard.
Check the edmunds.com's CX9 ext warranty thread. I started it over there.
Why I said that? My wife's Prius is covered by TOYOTA genuine warranty sold by a salesman
in a remote dealership (forgot which state). Apparently, he was so famous that every Toyota
salesman hates him. His price is often about 60% of what they ask for at dealerships. Go figure!
He sells Lexus warranty also. (BTW, if you own Toyota/Lexus and like to know his contact number,
I can dig it out for you. His name is Troy. He is very famous in every Toyota/Lexus forum.)
Definitely do not buy a 3rd party ext warranty. I used to have one for my BMW 540iA.
Reasons are:
1) need pre-authorization before repairs (what if during holidays?!) It happened to me.
My wipers failed before Christmas. The company shut down for one week. It had been raining
those days. I had to drive the car. I ended up paying for it myself. Sometimes, it requires their
technician to visit to shop to decide on coverage. It takes a couple days to do that. Slow repair
even if it is covered eventually. When they find out that you cost them more money that you
paid them, they become very "suspicious" of you, and ask for on-site visit on EVERY repair. It
happened to me in the last year. What can I say? My BMW 540iA was really that "lemon"!
2) need inspection when transferring it to the next owner. It costs $200 to do that. It is a scam.
Plus transfer fee.
3) lousy coverage: Unless it is listed, it is not covered. Statistically, on my BMW, about 50%
cost was covered. The others were classified as "tear and wear" by THEIR definitions.
As bad as my BMW was in reliability (more than 20 problems before I gave up counting), I
barely recovered my premium back ($2450 for 7yr/100K). For a more reliable vehicles, you
are statistically unlikely to save money by owning ext warranty. Statistically, you lose money
by buying ext warranty.
However, if you are a financial planning-type of guy who absolute dislike unexpected, sudden
out-of-pocket expenses, owning ext warranty might be a right choice for you.
The most expensive items nowadays in CX9 is probably the engine and transmission.
The chance of engine failure is very low these days. The chance of transmission failure is
real (but unlikely before 100K) and it costs about $3000+ to repair. There are many items on AWD that cost $2000+
should they fail. Fixing the NAVI or MFD (display) will cost about $2000 also. If you could
sustain that kind of financial impact, though unlikely, you do not need ext warranty.
It is like a small gamble. The chance of you winning is very big.
No rush. You have before your OE warranty expires (3 yrs-) to decide on MEPP.
Once your OE warranty expires, it gets much more expensive to get it. Before it does,
there is basically no difference unless you factor in the inflation, etc.
No need to buy ext warranty when it is new. Walk away. You have 3 yrs to decide.
If you really feel like having the protection, shop around the MAZDA dealers in ALL STATEs
through emails.
There should be a remote one that sell MEPP dirty cheap to make a living. However,
I failed to find one, but I did not try very hard.
Check the edmunds.com's CX9 ext warranty thread. I started it over there.
Why I said that? My wife's Prius is covered by TOYOTA genuine warranty sold by a salesman
in a remote dealership (forgot which state). Apparently, he was so famous that every Toyota
salesman hates him. His price is often about 60% of what they ask for at dealerships. Go figure!
He sells Lexus warranty also. (BTW, if you own Toyota/Lexus and like to know his contact number,
I can dig it out for you. His name is Troy. He is very famous in every Toyota/Lexus forum.)
Definitely do not buy a 3rd party ext warranty. I used to have one for my BMW 540iA.
Reasons are:
1) need pre-authorization before repairs (what if during holidays?!) It happened to me.
My wipers failed before Christmas. The company shut down for one week. It had been raining
those days. I had to drive the car. I ended up paying for it myself. Sometimes, it requires their
technician to visit to shop to decide on coverage. It takes a couple days to do that. Slow repair
even if it is covered eventually. When they find out that you cost them more money that you
paid them, they become very "suspicious" of you, and ask for on-site visit on EVERY repair. It
happened to me in the last year. What can I say? My BMW 540iA was really that "lemon"!
2) need inspection when transferring it to the next owner. It costs $200 to do that. It is a scam.
Plus transfer fee.
3) lousy coverage: Unless it is listed, it is not covered. Statistically, on my BMW, about 50%
cost was covered. The others were classified as "tear and wear" by THEIR definitions.
As bad as my BMW was in reliability (more than 20 problems before I gave up counting), I
barely recovered my premium back ($2450 for 7yr/100K). For a more reliable vehicles, you
are statistically unlikely to save money by owning ext warranty. Statistically, you lose money
by buying ext warranty.
However, if you are a financial planning-type of guy who absolute dislike unexpected, sudden
out-of-pocket expenses, owning ext warranty might be a right choice for you.
The most expensive items nowadays in CX9 is probably the engine and transmission.
The chance of engine failure is very low these days. The chance of transmission failure is
real (but unlikely before 100K) and it costs about $3000+ to repair. There are many items on AWD that cost $2000+
should they fail. Fixing the NAVI or MFD (display) will cost about $2000 also. If you could
sustain that kind of financial impact, though unlikely, you do not need ext warranty.
It is like a small gamble. The chance of you winning is very big.
Last edited:
My Sport (2010) has been in the shop one time - and that was for the free first oil change. I'm only at 18000 miles or so, but it has been great. I believe the best warranty is for the owner to just keep an eye on things, and service the vehicle. The only problem with mine is that it always gets me to my destination, and I have to stop driving it! You'll find for an SUV of any kind, this gizmo is a real drivers car. IMHO, of course. Just enjoy it.
Thanks for the info. We had a 2006 Honda Odyssey Touring we bought Honda Care for and never had to use it.
No rush. You can buy this later. I got the 7yrs/100k miles but did it after I have the car nearly 2 years. I wanted to see how likely I was to keep the car past 36k.
It is cheaper to get the MEPP sooner rather than later. I think there's a price jump if you wait until after 30k miles.
It is cheaper to get the MEPP sooner rather than later. I think there's a price jump if you wait until after 30k miles.
New Threads and Articles
-
-
Good Experience W/ "Nilight" Floor-Mats From Amazon...- By Lazy2.5
- Replies: 0
-