Chevy Extended Warranty Pros and Cons
CHEVY EXTENDED WARRANTY BASICS
- All factory warranty terms and coverages are extended.
- A number of protection plans are available in addition to the extended warranty.
- Barebones warranty extension.
- Few customization options, choices of repair facilities/dealerships, and cost-saving services.
Chevrolet’s extended warranty program, backed by General Motors (owner of other brands like GMC, Cadillac, and Buick), is a simple extension option to consider when you are purchasing a new Chevy vehicle. Like the factory warranty, it offers basic coverage for almost all parts on a vehicle for a decent amount of time past the factory’s coverage expiration point.
The simple extended warranty doesn’t offer much in terms of extra perks, but it does deliver the most important features of any warranty coverage. Here are the details you need to know about the Chevy extended warranty.
Better Extended Coverage
Don’t just rely on the factory warranty. New or used, there’s a great extended warranty with one of these providers:
Want to save money on an extended warranty? Don’t just stick with a warranty from the factory. You can get more coverage and save more money with a plan from Endurance.
Rated the top warranty provider by Consumer Advocates, Consumer Affairs, and Retirement Living, Endurance offers a number of high-quality warranty plans you can tailor to your personal needs.
Get a free quote today or call to speak with an Endurance representative: 1-855-426-0518
Autopom! is the warranty provider of choice for many California residents struggling to find quality options in the state. The company’s line of insurance plans is great for saving money on services and repairs that come up unexpectedly.
Check out the autopom! website or or call for a free quote: 1-888-843-8078
What IS Included
Chevy offers a true extended warranty to maintain the coverage of its factory warranty for longer than the factory coverage limits.
The extended warranty strictly applies to the company’s bumper-to-bumper coverage that comes with all new cars for extra peace of mind. Since this warranty is the main bulk of the original factory warranty, the extension effectively expands on the most important coverage for five years or 60,000 miles, whichever comes first.
Like the factory comprehensive warranty, the extended coverage applies to almost all parts on a Chevy vehicle. Drivetrain components, like the engine and drivetrain, are covered along with specialized and entertainment systems, like the navigation and climate control. This coverage, however, does not include parts that are expected to degrade over time.
In addition to the bumper-to-bumper warranty extension, the Chevy extended coverage overlaps with the roadside assistance program the factory warranty offers. In other words, the roadside assistance lasts longer than the factory warranty.
The timing is a bit tricky, but you’ll essentially get two years of roadside assistance once the extended limited warranty kicks in. This service includes help like lockout assistance, emergency towing, fuel delivery, and more.
For an added cost, Chevy owners can also purchase an extra General Motors Protection Plan (GMPP) that acts like a regular vehicle service contract. With two plans available, owners can either choose the extended powertrain coverage (Silver) or the more comprehensive plan (Platinum).
What’s NOT Included
Since the Chevy extended warranty takes a fairly straightforward approach in its setup, there are a few major limitations you should know about before getting the extended coverage.
With the extended coverage only applying to the factory bumper-to-bumper warranty, there is nothing that actually extends the powertrain warranty unless you buy a separate GMPP. Since the powertrain warranty lasts longer than the bumper-to-bumper coverage, the powertrain coverage will likely still be in effect when the extended warranty kicks in.
Almost all factory original and extended warranties are limited in one important aspect: scope. The types of issues these warranties cover are limited to factory defects and mistakes. Basically, there needs to be a problem caused by the factory in order for the warranty to actually apply to the services and repairs needed to fix the issue.
This means you won’t get much help with incidental issues like accidents, bad weather, vandalism, and other unexpected problems that still cost money to fix. The extended warranty won’t apply in these cases, so you’ll most likely be paying out-of-pocket to get the necessary repairs done quickly.
Routine maintenance is helpful for getting a vehicle running. It can also get fairly expensive depending on who is doing the maintenance and how much supplies and parts cost. Unfortunately, the Chevy extended warranty doesn’t really help with these maintenance costs. Instead, owners will have to pay out-of-pocket or do some of the maintenance themselves to save money on labor costs.
It’s easy to appreciate the simple approach Chevy offers with its basic warranty extension. While other automakers and some third-party warranty providers offer a buffet of coverage options that can quickly get confusing, Chevy eliminates the complication by offering the single warranty extension.
The warranty extension is also no slouch when it comes to effective coverage. The fact that the extended warranty gives you a few extra years of coverage makes it easier to address unexpected defects that may arise after the vehicle has been on the road for a while. The factory comprehensive warranty alone doesn’t offer enough time to cover such issues.
The inclusion of GM’s protection plans also provides a degree of customization potential for customers who need something more than the basic extended warranty. Since these plans act like traditional vehicle service plans, the setup effectively offers the best of both worlds you’ll find with separate providers and automakers.
The main limitation of the Chevy extended warranty is the same drawback that plagues any factory warranty: issue scope. Since the warranty only addresses factory defects, you may not find you’re saving as much money as you can with third-party warranties.
The lack of maintenance-saving benefits is a good example of this. The most costly aspect of any vehicle is maintaining it. Wear and tear is far more frequent than factory defects and accidental damage, so you’ll be paying out-of-pocket for maintenance services more frequently as well.
While the extended warranty is basic in some ways, Chevy’s unique approach of simplifying the extended warranty while offering additional GMPP options provides something for almost any Chevy owner. If you want basic coverage, just buy the extended warranty. If you want more, purchase a GMPP as well.
The only reason you may want to look elsewhere (i.e. a third-party provider) is if you want more coverage beyond factory defects. Otherwise, the Chevy extended warranty should give you enough coverage to keep your vehicle running.
More Protection and Peace of Mind
If you really want to cover your vehicle (and your wallet) from unexpected issues and costs, check out these great third-party providers below:
Save money on an extended warranty! An extended warranty plan from Endurance is the best way to get the money-saving coverage you really need for your vehicle. While automakers just stick with the basics, Endurance covers more issues, causes, and vehicles.
Visit the Endurance website or call at: 1-855-426-0518
California residents looking for quality coverage know to check out autopom! As one of the only coverage providers certified to work in the state, autopom! has a number of mechanical breakdown insurance plans that offer more coverage and money-saving value than standard factory warranties.
Visit the autopom! website today or call: 1-888-843-8078
Q. What’s the difference between the Chevy extended warranty and GM protection plans?
The Chevy warranty just extends the coverage of the basic factory comprehensive warranty. GMPPs, on the other hand, offer a few more perks and options to choose from when you are first buying the plan. Both, however, offer basic coverage for the most important components of any Chevy vehicle.
Q. Is the Chevy extended warranty necessary?
In theory, if your vehicle runs flawlessly during its service life, you won’t need an extended warranty. In reality, unexpected defects and issues do come up and can cost a lot of money. So, you may find some potential value from an extended warranty if and when these defects come up.