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Old 08-14-2012, 08:51 AM
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Does lifetime warranty get you more $$ on your trade in??

Just curious if anyone here knows/thinks that if your trading in your Jeep and have the lifetime warranty, does it get you any more money for your trade?
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Old 08-14-2012, 08:56 AM
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Re: Does lifetime warranty get you more $$ on your trade in??

I would imagine it would, but that's just an assumption. I'm interested in finding out the answer to this as well.
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Old 08-14-2012, 09:19 AM
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Re: Does lifetime warranty get you more $$ on your trade in??

Considering it is non-transferable (except in 1 or 2 states) I wouldn't think that it would make a difference in trade-in value.
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Old 08-14-2012, 11:24 AM
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Re: Does lifetime warranty get you more $$ on your trade in??

I am told that it is transferable in Florida
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Old 08-14-2012, 11:27 AM
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Re: Does lifetime warranty get you more $$ on your trade in??

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Originally Posted by padgett View Post
I am told that it is transferable in Florida
and north Carolina. Thus has a value if it can be transferred.
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Old 08-14-2012, 02:27 PM
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Re: Does lifetime warranty get you more $$ on your trade in??

Don't know about trade-in since only transferable ONCE. But for a private sale, I would think a prudent buyer would pay up for it (like full price of the warranty back) since they wouldn't normally qualify for purchasing such a warranty (because not within the new vehicle warranty period) and second owners tend to want to keep the vehicle a longer time than first owners. So, resale yes, trade-in no.
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Old 08-14-2012, 04:51 PM
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Re: Does lifetime warranty get you more $$ on your trade in??

I had the 5yr/60000 mile warranty on my 2011 Laredo X that I just traded in and the dealer wasn't interested at all in it. I just called up Jeep and they will refund you whatever is unused on the warranty. Not sure how this works for the lifetime one though.
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Old 08-14-2012, 04:55 PM
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Re: Does lifetime warranty get you more $$ on your trade in??

Quote:
Originally Posted by Dan JGC View Post
Don't know about trade-in since only transferable ONCE. But for a private sale, I would think a prudent buyer would pay up for it (like full price of the warranty back) since they wouldn't normally qualify for purchasing such a warranty (because not within the new vehicle warranty period) and second owners tend to want to keep the vehicle a longer time than first owners. So, resale yes, trade-in no.

Correct... I recently sold my 2006 Armada. If I were to trade it in, the extended warranty would not be worth anything. If sold privately [which I did ], it was transferable and the buyer paid extra for it.
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Old 08-14-2012, 04:59 PM
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Re: Does lifetime warranty get you more $$ on your trade in??

Quote:
Originally Posted by rangersplash85 View Post
I had the 5yr/60000 mile warranty on my 2011 Laredo X that I just traded in and the dealer wasn't interested at all in it. I just called up Jeep and they will refund you whatever is unused on the warranty. Not sure how this works for the lifetime one though.
I think you may have had the warranty type with the "money back" feature which does cost a few more shekels to purchase.
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