Mark_888
Registered Member
- Joined
- Jan 9, 2009
- Messages
- 13,335
- Reaction score
- 223
- Points
- 63
- Genesis Model Type
- 1G Genesis Sedan (2009-2014)
The Platinum HPP extended warranty covers everything, so that is the one you want. The price you will pay for an extended warranty can vary from dealer to dealer. Some dealers will try and rip you off big time. When I bought my car new, they offered it for $3K. When I said no, the offered it at $2.5K. When I said no, they offered it at $2K, etc. There is no such thing as a "$2000 warranty," since it just depends on what the dealer is offering or what one member paid some dealer.@Everyone: Thank you once again for all the help and information.
@Geops and / or Everyone: I had a few questions regarding the $2,000.00 warranty.
Question 1: Is the $2,000.00 extended warranty you're referring to the Hyundai Platinum Plan extended warranty, or is the Platinum Plan warranty more expensive?
Question 2: If more expensive, by how much?
Question 3: I already think I know the answer to this question - which is "no", but out of curiosity, does the extended warranty only apply to certified pre-owned vehicles?
I only ask as I've heard that factory warranties (for some makes) can be transferred from one private party to another.
So, let's say I purchased a Genesis from a private party on Craigslist and had that person's factory warranty transferred over to my name. Could I then apply for a HPP extended warranty?
Question 4: If you answered yes to question 3, would you personally ever buy a used Genesis from a private party rather than a dealer? Almost every person I've ever asked about this has said no, but one person at work mentioned that if I have all the cash up front, I could save an extra $5,000.00 - $7,500.00.
Note: If buying from a private party, I'd make sure to look up the VIN on CarFax (to make sure there were no accidents, that it was owned by one person, that the car was properly maintained, that the car wasn't purchased out of state and that it wasn't a rental or corporate vehicle) and then have the car checked by both a Hyundai dealer mechanic as well as a 3rd party mechanic before exchanging any money.
Thank you,
Nelson
If you already have a CPO car, there is a slightly different HPP extended warranty called a CPO wrap, that should be a little less expensive than the regular one, since the CPO already provides the drivetrain warranty.
Since the HPP extended warranty is a Hyundai Motor America warranty, your VIN will be entered into Hyundai computers and I believe it stays with the car if you sell it, just like the original manufacturer's warranty. Ask the dealer for details. If you get some other extended warranty, I don't know. Many dealers will try and sell you a non-Hyundai extended warranty, so if you want the HPP Platinum you must be absolutely sure that is what you are getting.
You can purchase an HPP extended warranty from any dealer, online or on the phone or in person. There are threads on this forum that mention specific dealers who give good deals on the HPP extended warranty on the phone. I would recommend you find those posts.