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Extended warranty coverage should it be purchased

Discussion in 'Ask An Owner Operator' started by Jcine14, Jun 19, 2019.

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  1. Jun 19, 2019 #1
    Jcine14

    Jcine14 Bobtail Member

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    At dealership(MHC) last week and decided on a 2015 T680 (@500039 hub reading) with financing in hand spoke to the salesman about extended warranty coverage, but am a lil confused on how or what I should accept. From what I read here and over the internet the coverage I was leaning to (premium 2000) was a no-no. Too many hoops and attached BS. The bank I'm financing is pointing me in the direction of truckmaster extended warranty. I really need some help to decide if it matters if I need the coverage or not because if its difficult to get them to cover the service i might as well save my pennies and pay out of my pocket. The cost is an additional 9.5k to the purchase price. The difference That I can identify is P2000 offers coverage for the APU but Truckmasters don't. If anyone here could get me some good guidance I really would be thankful.
     
    Jcine14, Jun 19, 2019
    Jcine14, Jun 19, 2019
    #1
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  3. Jun 19, 2019 #2
    Jcine14

    Jcine14 Bobtail Member

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    P.S. there are other differences that I can readily identify like p2000 won't cover gaskets, seals (I think) and require of periodic certified maintenance, inspections and ecm reports. I'm hoping there are experienced O/Os who know how to best move forward in buying a used truck. Listed price for this one is about 49k
     
    Jcine14, Jun 19, 2019
    Jcine14, Jun 19, 2019
    #2
  4. Jun 19, 2019 #3
    FlaSwampRat

    FlaSwampRat Road Train Member

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    Getting gaskets and seals covered can be a big deal. Say you need a sleeve done under warranty, you are probably looking at $1500 in misc charges that warranty wouldn't cover. If you like and have any trust for the bank you will be financing with I would really look at the one they recommend. They want the truck to be fixed as easy as possible because if you are down you don't make money, when you don't make money you don't pay them, and contrary to what you will hear a lot of people say they do NOT want the truck back.....they want their money.
     
    FlaSwampRat, Jun 19, 2019
    FlaSwampRat, Jun 19, 2019
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    Numb Thanks this.
  5. Jun 19, 2019 #4
    Opus

    Opus Road Train Member

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    Well, the bank is financing another $9.5k.
    The bank is insuring that the truck will be fixed.
    Problem is, will they fix it? Maybe, maybe not.....all depends on the fine print.

    If you can't tote at least $5-10k in repair expenses, you might want to hold off.
    If you can, I'd tell them NO.
     
    Opus, Jun 19, 2019
    Opus, Jun 19, 2019
    #4
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  7. Jun 20, 2019 #5
    Midwest Trucker

    Midwest Trucker Road Train Member

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    What engine? If Cummins all you need is Encore XT1 2 yr 200k. All the other warranties are bs.
     
    Midwest Trucker, Jun 20, 2019
    Midwest Trucker, Jun 20, 2019
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  8. Jun 20, 2019 #6
    Jcine14

    Jcine14 Bobtail Member

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    Midwest -it's a Paccar
     
    Jcine14, Jun 20, 2019
    Jcine14, Jun 20, 2019
    #6
  9. Jun 20, 2019 #7
    daf105paccar

    daf105paccar Road Train Member

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    @Belials
    He knows all about warranties.
     
    daf105paccar, Jun 20, 2019
    daf105paccar, Jun 20, 2019
    #7
  10. Jun 20, 2019 #8
    JonJon78

    JonJon78 Road Train Member

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    With truck masters warranty you'll pay a $250 deductible per shop visit, they only cover labor at $110 per hour you pay the difference ( lots of dealers are up to $125-$150...

    Anything to do with the after treatment emissions system is only covered in the first year of your $9500 warranty.

    Of course the dealer is pushing you to purchase warrenty because they are making money off selling you it

    They dont pay any shop fees. They dont pay for any of the little extra parts/supplies that are always needed Clamps, fuses, screws, bolts, zip ties etc etc etc...

    I wouldn't spend the $9500...

    I would prior to purchasing that truck spend money on having a proper pre purchase inspection done... ECM dump, dyno, blowby test etc etc etc...
     
    JonJon78, Jun 20, 2019
    JonJon78, Jun 20, 2019
    #8
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  11. Jun 20, 2019 #9
    Jcine14

    Jcine14 Bobtail Member

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    JonJon- Thank you for that. I will have to do a proper presentation purchase inspection. Not 100% sure how that will work out at MHC, but that really sounds like a prudent approach before signing on the dotted line. I agree the warranty seems like a marketing tool to wrestle more money into the purchase for the salesmen. In the event they assert the ECM dump, dyno, etc. Was done wouldn't there be a paper trail of evidence to verify all of this. The truck itself reports an extensive record of servicing. However, it doesn't specifically identify exactly what it was that was done. I will see if I can get the detailed facts.
    In the event MHC won't afford me a proper pre-purchase inspection is it an acceptable practice to have it performed elsewhere?
     
    Jcine14, Jun 20, 2019
    Jcine14, Jun 20, 2019
    #9
  12. Jun 20, 2019 #10
    JonJon78

    JonJon78 Road Train Member

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    I would take the truck to a shop not affiliated with that dealer to have all the pre-purchase inspection done.

    Did that truck have an APU on it? Most of these trucks that are turned in at the 500k mile mark didnt...

    I'd be really concerned If it didnt... Idling is no good for these new emission trucks
     
    JonJon78, Jun 20, 2019
    JonJon78, Jun 20, 2019
    #10
    Jcine14 Thanks this.
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