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Matt Lemus (Mlemus)
Member
Username: Mlemus

Post Number: 570
Registered: 8-2002
Posted on Saturday, November 16, 2002 - 8:31 pm:   

They should make it available for all cars. They would still turn a profit no matter what. Most f-cars just sit anyway.
Mark (Study)
Member
Username: Study

Post Number: 341
Registered: 10-2001
Posted on Saturday, November 16, 2002 - 7:21 pm:   

I looked at these warranties, to try and understand how the company makes its money.

1st they only want to write up cars after 1997. Quality has improved a lot in the 90's and they won't look at older cars that could realy use some help like this.

I don't remember what they wanted... $5k maybe? it might have been a little more, I can't remember now, but it was a good hit. It felt like they were basicaly covering their ass for the first repair right there.

From a mathamatic point of view, seems they figured... if one of three cars might need a big reapair... they could cover the cost and still make a profit. Giving owners a peace of mind for spreading the risk amoung multiple owners.

Good idea or bad? Hard to tell?
Brian W Dimetres (Acnberlin)
New member
Username: Acnberlin

Post Number: 26
Registered: 11-2002
Posted on Saturday, November 16, 2002 - 6:06 pm:   

What are the terms of the warranties? Can you put one on a grey-market car? Does the company pay the shop for the repairs, or do you pay and then have to submit a bill and negotate with someone for reimbursement? (It has been my experience that in the latter case, the warranty company rarely pays the claim.)
JRV (Jrvall)
Junior Member
Username: Jrvall

Post Number: 118
Registered: 11-2002
Posted on Saturday, November 16, 2002 - 11:11 am:   

After Market Warranties are now availible for certian Ferrari's, Lamborghini's, Porsche's up to 5 years old.

Call or email for covered yrs, makes, models, details, pricing.

This is new, so I don't have all the details off the top of my head.

Regards, JRV
Pinnacle Motorsports
[email protected]
713-682-0370

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