Hi everyone, I put a deposit on a 2025 Forester and am excited to be coming into this community. I'm considering purchasing Subaru's Added Security Gold Plus extended warranty coverage from the dealer upon delivery, but their quote for 8/80, $100 deductible seems very high at $3,580. They came down from original quote of $4k saying they'd give it to me at their cost of $3,580. I'd love your thoughts!
eatonchr
You have 3 years or 36K to make a decision. As mentioned previously you can get quotes from other dealers.
Personally I think it's worth it because I drive over 30K/year for work. Whatever you do, don't let a dealer try selling you a 3rd party warranty. (and they often do because they're more profitable to them than an SOA warranty)
Personally I think it's worth it because I drive over 30K/year for work. Whatever you do, don't let a dealer try selling you a 3rd party warranty. (and they often do because they're more profitable to them than an SOA warranty)
I seriously doubt that $3,450 is dealer cost, or even invoice, for an 8/80/100 Gold Plus plan.
You might want to peruse the following thread for what others here have paid:
You might want to peruse the following thread for what others here have paid:
They make more than $420 on a warranty sale. Guaranteed! When I worked at a Honda dealer and was buying my car there they were going to sell me a warranty at 50% off. I know it's not a apples to apples comparison, but I believe you can do better. As others have mentioned: you have 3/36 to buy the warranty, shop dealerships for the best price, don't buy third party warranties and I recommend negotiate. They rather sell for partial profit than no profit at all. Warrantees are where they make their money on the sales side for new cars. I don't mind them making money but I don't want to fund the dealership for a month either.
I got offered that warranty for $2200 ish just this last weekend on our new 25 sport. I was told THAT was the best. Take it as you will.
It sounds pricey to me. Good advice so far. Shop around.
There is no need to buy the extended warranty with the car and you can try to get a better deal.
What you were offered is obviously on the expensive side.
As was noted, you can buy that same warranty at any time while the factory 3 year/ 36K mile standard warranty is intact.
The Subaru gold plan period starts of the day of the vehicle purchase, but doesn't add much value until the factory warranty expires years and miles from now.
You can get a pro-rated refund, if you sell or total the car, but you'll end up paying for that period of time or mileage (whichever is worse) without additional benefit while the standard warranty is intact.
Compare that potential cost with the risk of the warranty price going up.
There is risk/reward either way unless you typically keep a car less than 3 years, in which case the warranty is a cost more than a benefit.
There is no need to buy the extended warranty with the car and you can try to get a better deal.
What you were offered is obviously on the expensive side.
As was noted, you can buy that same warranty at any time while the factory 3 year/ 36K mile standard warranty is intact.
The Subaru gold plan period starts of the day of the vehicle purchase, but doesn't add much value until the factory warranty expires years and miles from now.
You can get a pro-rated refund, if you sell or total the car, but you'll end up paying for that period of time or mileage (whichever is worse) without additional benefit while the standard warranty is intact.
Compare that potential cost with the risk of the warranty price going up.
There is risk/reward either way unless you typically keep a car less than 3 years, in which case the warranty is a cost more than a benefit.
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