Better Warranties.....It's about time!!!!
#1
Registered
Thread Starter
Better Warranties.....It's about time!!!!
GM announced today that on ALL 2007 models, the powetrain warranty will be 5 years/ 100,000 miles. KUDOS to GM
I personally think this is long overdue. I have a GMC truck, I thinks it's a great truck, but needed a better warranty than the standard 3yr/36,000. Now, they are stepping up to the plate.
http://news.moneycentral.msn.com/tic...6&Symbol=US:GM
I personally think this is long overdue. I have a GMC truck, I thinks it's a great truck, but needed a better warranty than the standard 3yr/36,000. Now, they are stepping up to the plate.
http://news.moneycentral.msn.com/tic...6&Symbol=US:GM
#2
SORE MEMBER
Platinum Member
Join Date: Apr 2004
Location: 29°50'49.74"N 95° 5'17.55"W.......TEXAS
Posts: 6,989
Likes: 0
Received 1 Like
on
1 Post
Re: Better Warranties.....It's about time!!!!
Cool,
I always buy the extended warranty to 72000 miles, so that will be a nice savings on my next Duramax
I always buy the extended warranty to 72000 miles, so that will be a nice savings on my next Duramax
#3
Platinum Member
Platinum Member
Join Date: Jun 2004
Location: St-Hyacinthe, quebec, canada
Posts: 7,731
Received 371 Likes
on
250 Posts
Re: Better Warranties.....It's about time!!!!
best warranty, time wise, mileage wise, among ALL manufacturers, really happy to offer that to my customers, even though they don't break much!
#4
Registered
Join Date: Sep 2006
Posts: 49
Likes: 0
Received 0 Likes
on
0 Posts
Re: Better Warranties.....It's about time!!!!
Its good news.
This is the same strategy Chrysler and some of the recent pacific rim manufacturers have used. When their quality was in question, they gave powertrain warranties which bettered any of the competition.
What they had actually come to realize was that most drivetrain components were already lasting 100k miles so it was not a big deal to offer the warranty (its usually all the non-drivetrain items that crap out). THe 100k mile warranty offering is really the biggest single thing which turned Chrysler sales around...via Iacocca. For the cost of a small percentage (I have seen numbers like .05%............note, that is 1/20 of a single percent) in additonal warranty costs, their sales went up about 40-60% almost overnight.
For example, on a new Duramax, I would certainly expect all drivetrain components to last 100k without problems. But its nice to know you have it.
I have an extended 100k on my f250......may have to use it on the rear differential but I have a feeling its going to hang in there until say............oh, about 101k.
This is the same strategy Chrysler and some of the recent pacific rim manufacturers have used. When their quality was in question, they gave powertrain warranties which bettered any of the competition.
What they had actually come to realize was that most drivetrain components were already lasting 100k miles so it was not a big deal to offer the warranty (its usually all the non-drivetrain items that crap out). THe 100k mile warranty offering is really the biggest single thing which turned Chrysler sales around...via Iacocca. For the cost of a small percentage (I have seen numbers like .05%............note, that is 1/20 of a single percent) in additonal warranty costs, their sales went up about 40-60% almost overnight.
For example, on a new Duramax, I would certainly expect all drivetrain components to last 100k without problems. But its nice to know you have it.
I have an extended 100k on my f250......may have to use it on the rear differential but I have a feeling its going to hang in there until say............oh, about 101k.
Last edited by tee4texas; 09-07-2006 at 09:53 PM.
#5
AT Cult Member #3
VIP Member
Re: Better Warranties.....It's about time!!!!
It's great until you have to get paid warranty time and GM is cutting back on warranty times. A view from the other side.....
#6
SORE MEMBER
Platinum Member
Join Date: Apr 2004
Location: 29°50'49.74"N 95° 5'17.55"W.......TEXAS
Posts: 6,989
Likes: 0
Received 1 Like
on
1 Post
Re: Better Warranties.....It's about time!!!!
Originally Posted by R Addiction
It's great until you have to get paid warranty time and GM is cutting back on warranty times. A view from the other side.....