Extended Warranties...are they really worth it?

[Jhon]

I have never purchased an extended or just plain warranty on anything I have owned. Take the tire and wheel insurance they try to sell you. First of all, try to collect on it. In my life, I have ruined two tires and the wheels they came on. That's 50 years of driving. If I had purchased tire insurance on all of those cars, it would have spent thousands of dollars. For two two tires and wheels. I am way ahead.

But that being said, each of us are different. It could be just a comfort thing for people and that is ok. The reason I purchased this car was for the long warranty. My Audi was coming up on the end of its warranty and I saw what they were charging for that car, as they are expensive to fix. But they are giving so much now for a used car, I just traded it in for my GV

So what ever works for you, warranties are not for me.

 

[PMCErnie]

I have never purchased an extended or just plain warranty on anything I have owned. Take the tire and wheel insurance they try to sell you. First of all, try to collect on it. In my life, I have ruined two tires and the wheels they came on. That's 50 years of driving. If I had purchased tire insurance on all of those cars, it would have spent thousands of dollars. For two two tires and wheels. I am way ahead.

But that being said, each of us are different. It could be just a comfort thing for people and that is ok. The reason I purchased this car was for the long warranty. My Audi was coming up on the end of its warranty and I saw what they were charging for that car, as they are expensive to fix. But they are giving so much now for a used car, I just traded it in for my GV

So what ever works for you, warranties are not for me.

Obviously, Alfred, you trade in your cars in before the warranty expires. Thus, you have no need of an extended warranty.

Some folks like me try to keep good cars going much longer. In my case, I pass them on to family members and transfer the extended warranty to them for circa $50. In the end the warranties often pay for themselves. At minimum, they provide great peace of mind.

 

[NVQB10]

I have a 2021 GV80 with 11,200 miles. I've had my GV80 for almost a year now and replaced the Driver's Mirror/Camera, Front Side Marker Light and the Navigation. So far, all covered by Genesis/Hyundai Warranty.

Genesis GV80 come with a 10 year/100,000 mile Drivetrain Warranty and 5 years/60,000 Bumper to Bumper excluding the Radio (first I have heard this).

Since the GV80 has so many electronics and technology I am concerned what else will break down. Spoke to the dealership yesterday and an Extended Warranty to 10 year/120,000 miles on the Drivetrain and 10 years/100,000 miles Bumper to Bumper including any Radio issues will cost $2,173. If you sell or trade your vehicle before the warranty expires you get a pro rated amount returned or transferred to the new vehicle.

I am leaning towards an Extended Warranty. What have others done?

$2200 is a good deal if specs are as you list. I recently (Q4/25) paid $3250 for an extended bumper to bumper on a 58k miles 2021 GV80. About $120/mo., cancellable and transferable anytime. Good now for 5 additional years up to 120k miles.

 

[Jhon]

$2200 is a good deal if specs are as you list. I recently (Q4/25) paid $3250 for an extended bumper to bumper on a 58k miles 2021 GV80. About $120/mo., cancellable and transferable anytime. Good now for 5 additional years up to 120k miles.

Thanks for that info. Did you buy through the dealer?

 

[NVQB10]

Thanks for that info. Did you buy through the dealer?

No. After a lot of research, I bought it through a company in SoCal called AutoPom! (= "Peace of Mind!). They had the fewest complaints, the best claims reviews, seemed to go to bat for clients when they had a balky adjuster, and competitive prices for what I wanted. I would only buy an "exclusionary" policy, ie one that specifically lists everything NOT included up front (wear and tear items, etc), implicitly covering everything else. I did insist on the "navigation/high tech electronics" additional binder. I can use any ASE certified repair shop.
They also had the most knowledgeable sales agent and a non-pushy approach.

 

[mikec]

The factory warranty does not cover everything you might think it does. The "powertrain warranty" is the engine block, crankshaft, bearings, cylinder head, etc... basically the pure mechanical parts of the engine. It does not cover the Powertrain Control Module (PCM, what some folks call the ECU) for as long. Many of the things bolted to the engine are not considered "powertrain" either such as the alternator, water pumps sometimes, the dozens of sensors, etc. Some of those sensors would be covered by an emissions warranty depending on what state you live in (e.g. those that enforce "California emissions" standards rather than the dirtier Federal emissions standards and require extended warranty on emissions related parts). The bumper-to-bumper warranty often does not cover "3rd party" electrical items beyond 3 years: which often means the nav/entertainment system for example.

That was the case on my 2009 Hyundai Genesis sedan. So read the fine print for your factory warranty AND whatever extra warranty you are considering. You may be surprised to find less of the powertrain is factory covered than you'd naturally think/believe.

mike c.

 

[NVQB10]

The factory warranty does not cover everything you might think it does. The "powertrain warranty" is the engine block, crankshaft, bearings, cylinder head, etc... basically the pure mechanical parts of the engine. It does not cover the Powertrain Control Module (PCM, what some folks call the ECU) for as long. Many of the things bolted to the engine are not considered "powertrain" either such as the alternator, water pumps sometimes, the dozens of sensors, etc. Some of those sensors would be covered by an emissions warranty depending on what state you live in (e.g. those that enforce "California emissions" standards rather than the less dirtier Federal emissions standards and require extended warranty on emissions related parts). The bumper-to-bumper warranty often does not cover "3rd party" electrical items beyond 3 years: which often means the nav/entertainment system for example.

That was the case on my 2009 Hyundai Genesis sedan. So read the fine print for your factory warranty AND whatever extra warranty you are considering. You may be surprised to find less of the powertrain is factory covered than you'd naturally think/believe.

mike c.

Agreed. That is why I would only consider an "exclusionary" policy where everything is covered except listed items x, y, and z, AND get the upgraded electronics/nav coverage binder. Anything else is a crap shoot with nit picky insurers and adjusters.

 

[stevez]

$2200 is a good deal if specs are as you list. I recently (Q4/25) paid $3250 for an extended bumper to bumper on a 58k miles 2021 GV80. About $120/mo., cancellable and transferable anytime. Good now for 5 additional years up to 120k miles.

Great price - was it a genuine Genesis issued warranty or a third party policy??

 

[NVQB10]

Great price - was it a genuine Genesis issued warranty or a third party policy??

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