Hell NO

Save $24/mo for POSSIBLE future repairs. Odds are you will come out ahead (that is what this warranty company is doing)

Here is my $0.02:

1) I agree with others - if you do buy an extended warranty, buy it from the manufacturer. The dealer will tell you anything to sell you a third party warranty - politely refuse and insist on one sponsored by the manufacturer (not the dealer).

2) Here is another point. I am only familiar with Toyotas, not familiar with Chrysler. With Toyota, you do not have to buy an extended warranty at time of purchase of the vehicle, at least on new vehicles. You have until the expiration of the base factory warranty (3 years, 36,000 miles) to buy a Toyota-Sponsored extended warranty from Toyota Financial Services. If this is true for Chrysler, you can shop competitive dealers for the same warranty, which means you can usually get a discount on the extended warranty. Find out if this is the same for Chrysler - I do not know.

3) Many extended warranties are transferrable to a subsequent owner. If this is true with the Chrysler extended warranties, it will be easier to sell to a private buyer if you can offer them a transferable extended warranty.

4) Many people insist Extended Warranties are a waste of money period. Yet many of these same people have term life insurance. If you don't die during the term of the life insurance, was it a waste of money? In my opinion, NO - you had the assurance of protection for your family/significant others if you had died during the term. It's the same with extended warranties. If you can't easily afford a major repair or two during the same term the extended warranty would cover, the extended warranty may be worthwhile.

In my opinion, I would definitely go for the extended warranty on a Chrysler product - many of them have quality issues, in my experience. In fact, I have a Ram 1500 now that I am renting because my Tundra is in the body shop after an accident. The roof leaks when it rains! My family has tried three Chrysler products before - all three were lemons. Some people have no issues at all, but as I said, these are my experiences.

as said above - get it certified from the dealer (offer to pay the cost) or don't buy it and if they won't do it (assuming its a Chrysler Dealership) that should tell you plenty

You'd also be in the dark about Fiat agreeing with the deal and Stellantis saying no.

Don’t worry. If you don’t buy one know the vehicle warranty company will probably give you a call and let you know. LOL

Interesting topic, 20 years ago the amount of things that you'd have to pay big bucks to have replaced were limited to engines, transmissions and rear end.

Today, your center iDash unit on a Dodge/Ram takes a shit and you're out thousands in parts costs not to mention that the vehicle becomes immobile without an operating central brain panel.

Girl tapped my wifes 2017 Lincoln in the rear quarter, it damaged the side of the rear bumper, which required the replacement of it, all the electronic sensors and a special baffle system under it for air flow.

In 1980 it's had been a $1000 job if that, the Lincoln, over $5000 in damage. Point being there are tens of thousands of dollars in electronics in new vehicles and a lot more to go wrong with all the geehaw gizbit techno bits in cars today.

If you keep them over the normal warranty term, buy a factory extended warranty is not a bad idea since the amount of risk on electronics, the electronic controllers in the trans, engine etc could wipe out big bucks in no time.

Its something to consider..

BTW I still get calls for extended warranties on my Truck, and it's an 03 LOL... in fact I got a spam call for one as I was typing this! LOL

Although I said no above, I did think of an instance where the warranty came in handy. My uncle has a Jeep Cherokee TrackHawk. It's the one with a 700 something HP engine and Brembo brakes.

When he purchased it new, they wanted to sell him a brake warranty. It was something stupid cheap, like $500. My guess is that it was meant for normal vehicles, and in most cases, worked out in the benefit of the dealer. Well, my uncle could not buy that warranty fast enough, because a brake job at the dealer for those brakes is about $2K. He has already had them done twice and he'll need a third one before too long.

Pretty sure he came out ahead on that deal.

Don’t get a 3rd party warranty. There are too many outs for them to refuse and cancel coverage. As simple as not getting a 5k service tire rotation done on time

Insist on a Mopar factory warranty if your going to get it

I got one from Toyota for my 4runner to 125ksimply because there is so much tech in vehicles now and the “little black boxes” cost add up quickly

I just bought an extended warranty for my 2020 Highlander from a dealer that I did not buy my car from. I did not know you could do that until I learn on the Toyota forum.
Shop around, join a Ram forum and see which dealer is not ripping off the customer on the ext warranty price.

Sounds very odd. Make sure they actually sell it as a cpo, they can pop that off if they want and pocket money then up sell the other warranty. You need to tread carefully

Everyone on the 5thgGen Ram forum says Zeilger Auto https://www.chryslerfactoryplans.com/ is the best price around for factory warranties. Use the promo code payinfull for a descent discount.

OOh, I get to tell a Debbie story!

We used to have a Debbie story... OK, she was really kind of dumb, but had a good heart and tried pretty hard. Better still, she had a spectacular body. Those factors were enough to make her a good hire. We actually hired her back about 3 times as she left a few times. Yeah, I was kind of instrumental in that.

OK, Debbie went to a Toyota dealer and bought a new car from them. Her first new car. And she swallowed...their sales line on the warranty. She had it made, a new car, extended warranty, what was there to worry about? She got stuck in a scsm. It really didn't cover anything. They cheated her, plain and simple. The transmission broke in the first few months! Not sure how the dealer sidestepped their coverage, and the extended warranty did the same. It was a new car, being driven by a girl no less. She did get a friend to haul it to the dealer and dump it.

It needed a new tranny. The factory one just gave up the ghost early on. If they pulled that on me, I'd be in jail right now for shooting everyone at the dealership. The problem being the owners, the ones really responsible, don't come around all that often. Everyone on site should have been shot for their stunts.

An idea for a business...help single women buy a car. And bring along a few rough looking folks to intimidate anyone who tries to cheat a female or small male.

Debbie (her name) just wasn't aware of the stunts dealers pull. My advice would be to hire a few rough characters to follow the service manager home and beat the shit out of him, then vanish. If you have a new car and they don't cover a breakage, pain is in order. Of the same magnitude as what the car owner is suffering. Brand is no guarantee of a good service life or getting good service from the dealer.

They may nor all be crooks, but I wouldn't bet one it. I even had a transmission break on a new jeep back in 1977. We're talking the first month of ownership. First time in my life I got reamed by a service manager. He said it was my fault for driving it without lube. Being a kind of violent fellow, I calmed down enough to go see the sales guy and get a copy of the sales invoice (less than a month old) that showed me buying "dealer prep". Back then, they charged extra for that. I wasn't very nice by screaming they cheated me. To my way of thinking, dealer prep and delivery should include lubricants in all the drive line parts. AMC didn't agree.

Buying an extended warranty relies on non-criminals in the dealership. A foolish notion. They'll cheat you every time they can. Relying on the warranty company is just the second layer of crooks.

Oh, Debbie actually looked good walking away.

Most extended warranty policies are scams. They loop hole you to death in any attempt to not pay. YOU have to provide proof that of all required service was done on time.

It’s big money. Why do you think you get all those extended Warranty calls on your cell? I’ve been on “final notice” for 4 years and they won’t stop calling.

In 1988 wife bought a brand new Toyota Tercel with the extended warranty offered thru Toyota for about 200.00. She did the transaction on purchase without me. I told her waste of money on the extra warranty. 5 yrs later we were living in Texas and the alternator went out. That year according to the dealer they offered 5 different alternators depending on month of build. They honored the extended warranty twice, alternator they replaced went out about 10 months later. I think the alternator cost in 1992/93 was about 350.00. So it worked out for her but as others have said, buy factory only.

Wanted to revive this one. My 2018 BMW 530i's CPO warranty expires in 10 days. I had found a dealer in CA willing to sell a two yr. factory CPO extension for unlimited miles for $3000, which is $1000 less than the local dealer wanted. I paid them on Monday, signed the contract via DocuSign and they emailed me yesterday that they could not honor it. The F&I lady said she could not get the contract entered because - get this - their limit for starting such a warranty is 85k miles and I had 85,025 miles on it when I bought the warranty on Monday. She said she tried to get an exception and BMW NA said no.

Where to go next? I drive 25k miles per year and my car is my office. I love the car, it's had one minor warranty repair since I've owned it, I DIY all maint. and really don't want to deal with getting another car just for the sake of a new warranty. Who's the best aftermarket warranty these days?

Find a Dodge forum and on it you'll probably find the best place to buy a factory extended warranty for a lot less money. For my Tundra my local dealer was over 3 grand, online from a different dealer was under a grand for the exact same thing. If you plan on keeping the truck I think it's worth it, repairs are too expensive and it's always transferrable if you sell the truck.

Not only no, but hell no.

Service will suck, much will be excluded, and it will be too expensive.

These are nothing but a chance for the dealer to make more money on the sale.

I have never known anyone who was happy to have bought one of these.

Don't let them prey on your nervousness.

If you are planning on keeping the vehicle long past the dealer warranty and want the piece of mind, do it.

My extended warranty has saved me multiple times.

Though I'm driving a 2016 Ford ExPloder w/85k miles on it.

I can't get a BMW warranty anymore. I can only go aftermarket. Not sure if I want to do it, roll the dice, drive it til the wheels fall off or trade it in. Just dunno.

quote:

Pretty soon, if the car breaks or does something stupid, you just trade for a new one.

I've had more advantageous luck with this approach in the last few decades. Plus I've discovered after a rig serves a particular purpose the 'semi-retired years' of them remaining in my fleet, eventually some unexpected upgrade catches my financial interest. Huge repair bills haven't loomed since I moved out of the "previously owned Mercedes" market.