 | Home > Maintenance & Modifications > LR Extended Warranty - Worth Renewing Again? |
 
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| ericvv Member Since: 02 Jun 2011 Location: Near the Jet d'Eau Posts: 5816   
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I had the rear halfshafts replaced on the SVX in its sixth year, so in the 3rd and last year of its extended warranty (3 year initial factory warranty plus 3 years of extended warranty). Extended warranty covered the cost entirely, and the invoice sent by my dealer to the insurers was higher than two years extended warranty premium.
Eric You never actually own a Defender. You merely look after it for the next generation. http://youtu.be/yVRlSsJwD0o https://youtu.be/vmPr3oTHndg https://www.youtube.com/watch?v=_GtzTT9Pdl0 https://www.youtube.com/watch?v=ABqKPz28e6A https://www.youtube.com/watch?v=rLZ49Jce_n0 https://www.youtube.com/watch?v=XvAsz_ilQYU https://www.youtube.com/watch?v=K8tMHiX9lSw https://m.youtube.com/watch?v=dxwjPuHIV7I https://vimeo.com/201482507 https://www.youtube.com/watch?v=ZSixqL0iyHw |
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29th Dec 2016 4:26pm |
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| Galyman Member Since: 20 Jan 2016 Location: Scottish Borders Posts: 92  
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Cheers Eric. The rear halfshafts were replaced in year 3 of the original warranty.
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29th Dec 2016 4:35pm |
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| ericvv Member Since: 02 Jun 2011 Location: Near the Jet d'Eau Posts: 5816
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As to your question if renewing would be cost effective....
Well, that is exactly what an insurance premium is all about, the insurance company hopes that they will never have to cash out, yourself on the other side of the coin are paying a premium which will cover you IF something unforeseeable would go wrong. The premiums are all a matter of averaging out, in many cases the insurance company will not have to pay out anything or very little, but in some other cases they will have to cover costs which can be a multiple of the amount of a single individual insurance premium amount. You can gamble that nothing will go wrong anymore in the potential time left of extended warranty, but in case something bad does go wrong, you will then pay the full invoice to repair that event. If you take insurance, they will pay and your outlay will remain limited to your paid premium. It is like playing in the casino really. I took the max 3 years of extended warranty possible, and besides the half shafts, also replacement of a leaking real diff seal was taken up by the extended warranty. I guess in my particular case, their layout during the three years of extended warranty was bigger than the three years premium income from me, certainly as here in Switzerland buying the extended warranty premium also means that your 4th, 5th, 6th year annual maintenance are paid to dealer by them. (The first three years maintenance are also free of charge here in Switzerland, cost of that is fully for account of JLR when you buy a new Defender or other LR/RR) Eric You never actually own a Defender. You merely look after it for the next generation. http://youtu.be/yVRlSsJwD0o https://youtu.be/vmPr3oTHndg https://www.youtube.com/watch?v=_GtzTT9Pdl0 https://www.youtube.com/watch?v=ABqKPz28e6A https://www.youtube.com/watch?v=rLZ49Jce_n0 https://www.youtube.com/watch?v=XvAsz_ilQYU https://www.youtube.com/watch?v=K8tMHiX9lSw https://m.youtube.com/watch?v=dxwjPuHIV7I https://vimeo.com/201482507 https://www.youtube.com/watch?v=ZSixqL0iyHw |
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29th Dec 2016 4:45pm |
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| Galyman Member Since: 20 Jan 2016 Location: Scottish Borders Posts: 92
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Thanks for your comments Eric. Much appreciated.
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29th Dec 2016 4:58pm |
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| Morepower Member Since: 08 Jan 2013 Location: Fife, Scotland Posts: 630 
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my 01/13 plate 110 XS is due to need its extended warranty again at the end of Jan... Like yours mine has just had it's clutch renewed under extended warranty (it's the 3rd clutch in 31K !!!)... As you rightly say, what could go wrong next?... especially as you could put just about everything down to wear and tear... I'm having the same thoughts as you and wondering whether I should stump up again or take the gamble...
All I've got to do now is get them to repair the paint and corrosion properly.... Tim It doesn't matter how bad it is, It can always get worse... 2013 Bowler 110 (Sold) 2016 Bowler 90 Rally Spec (Sold) |
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29th Dec 2016 9:22pm |
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| mick Member Since: 08 Feb 2010 Location: Yorkshire Posts: 2109  
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Yup
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29th Dec 2016 9:23pm |
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| Pickles Member Since: 26 May 2013 Location: Melbourne Posts: 3787  
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In Aussie, E.W. is not available on Defender, so after 3 yrs old, ya're on ya're own.
I did however, extend L.R. assist for 12 months. Pickles. |
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29th Dec 2016 9:42pm |
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| Sulisuli Member Since: 30 Oct 2016 Location: South west Posts: 4799  
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I have always extended them on all my defenders and it has always proved to be worth while. Latest claim was last year on my SVX the ABS unit failed would have cost circa £1500 to repair so well worth it in my book. 2015 HT XS 90
2008 SVX 90 2000 XS TD5 90 |
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29th Dec 2016 9:46pm |
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| Galyman Member Since: 20 Jan 2016 Location: Scottish Borders Posts: 92
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Thanks for your comments all. Decision time. Probably going to extend again, but want to chip it at some point so would have to cancel if i did that within the year. It is the main family car so need a bit of peace of mind.
Be interested to see what you decide to do Tim. All the best for the new year everyone. Kenny |
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30th Dec 2016 7:42pm |
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