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  #1  
Old 03-16-2012, 10:38 AM
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Why Have Warranties Gone Up Again?

I wasn't surprised when the extended warranty plans increased in 2012, but they've gone up again. When I bought my lifetime max two months ago, it was $1900 and now it is saying 2000. I was going to cancel it and get one of the 7 year plans.

Seems strange that they would have a 20% increase in two months.
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Old 03-16-2012, 01:14 PM
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Re: Why Have Warranties Gone Up Again?

Not sure, but how do you get a 20% increase from $1900 to $2000?

More like a 5.25% increase...
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Old 03-16-2012, 01:45 PM
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Re: Why Have Warranties Gone Up Again?

The house always wins. I think more and more people are buying them and they have to make up a way to retain for their upcoming losses.
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Old 03-16-2012, 02:16 PM
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Think that's bad. When I asked the cost when doing my financing two weeks ago, I was quoted $2700.
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Old 03-16-2012, 02:58 PM
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Re: Why Have Warranties Gone Up Again?

Don't think as much that the price went up as the dollar is going down. Would some Canadian friends care to comment ?
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Old 03-16-2012, 02:59 PM
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Re: Why Have Warranties Gone Up Again?

I was quoted $2000 as well. It was $1840 in September. chryslerfactoryplans actually followed up the quote with an email that said there are no active promotion codes at this time. chryslerwarrantys.com on the other hand does still seem to be sending promotion codes, but their prices were higher so it was still over $2000.
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Old 03-16-2012, 03:43 PM
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Re: Why Have Warranties Gone Up Again?

Quote:
Originally Posted by bmrisko View Post
Not sure, but how do you get a 20% increase from $1900 to $2000?

More like a 5.25% increase...
x2

His math is way off. And I blame the increase on Obama. But if you ask Obama it's probably Bush's fault.
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Old 03-16-2012, 07:25 PM
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Re: Why Have Warranties Gone Up Again?

Quote:
Originally Posted by bmrisko View Post
Not sure, but how do you get a 20% increase from $1900 to $2000?

More like a 5.25% increase...
they were $1825 at the end of December. My bad - that's closer to 10%, but still . . .
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Old 03-17-2012, 06:19 AM
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Re: Why Have Warranties Gone Up Again?

Quote:
Originally Posted by padgett View Post
Don't think as much that the price went up as the dollar is going down. Would some Canadian friends care to comment ?
One Canadian friend can simply say I wish we could buy extended Chrysler warranty for the US prices (in either dollar). We get hosed on warranty prices here.
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Old 03-17-2012, 08:01 AM
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Re: Why Have Warranties Gone Up Again?

Price increase was January 1 2012. In December 2011 they stated that there was a increase coming.
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Old 03-19-2012, 04:36 PM
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Re: Why Have Warranties Gone Up Again?

the price quoted at 2 dealeships here in edmonton were2900.00 bucks on the srt8 . pretty pricey kinda tells ya the confidence they have in there product no???
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Old 03-19-2012, 05:14 PM
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Re: Why Have Warranties Gone Up Again?

Dunno, 4.8% of MSRP vs 6.8% for a Laredo. Sounds like a deal.
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