Auto Warranties Being Scrapped
Here at Barberton Junk Cars, a site for selling a scrap car, we do more than simply handle old car removal. We want to be a source for news & information in the auto scrap & recycling industry, as well as other updates on the vehicle market.
In the June 3rd edition of the Record Eagle an article titled ‘To cut costs, automakers are trimming coverage’ was posted by Paul Stenquist that sheds some light on the auto warranty situation as follows: “General Motors & Fiat Chrysler both moved back warranty coverage for many 2016 models. Both companies altered the powertrain portion of their warranty coverage from 5 years/100,000 miles to 5 years/60,000 miles, matching the terms provided by Toyota, Honda & Ford. GM’s change of coverage applies only to the Chevrolet & GMC brands.
The changes could save the car companies millions in warranty costs. For the owner whose car suffers an engine failure at 65,000 miles, it could be costly. Both GM & Chrysler say that warranty coverage isn’t top-of-mind for customers, stating that warranty coverage do not rank high as a reason to purchase a vehicle among buyers of non-luxury brands. Hyundai & Kia broke new ground by introducing a 10-year/100,000-mile powertrain warranty in 1999. GM followed suit with a 5-year/100,000-mile powertrain warranty in 2007. Chrysler introduced a lifetime warranty in 2007, but it was non-transferable; in 2009, the coverage was dialed back to 5 years/100,000 miles.” The complete article is available here: http://www.record-eagle.com/news/drivers_seat/to-cut-costs-automakers-are-trimming-coverage/article_b354bb62-0a3e-11e5-9c9e-479448d91148.html
So it looks like GM and Chrysler are offering the same warranty as Honda, which is 5-years/60,000 miles on the powertrain. Next let’s examine the Hyundai warranty details, which are supposed to be the best in the industry: (Hyundai 2016 warranty details)
Basic: 5 Years/60,000 Miles:
Exceptions: Audio System, Paint & Battery: 3 year/36,000mi; Battery: 3 year/36,000mi; A/C Refrigerant & Wear Items: (belts, brake pads, filters, wiper blades, bulbs & fuses) 1 year.
Drivetrain: 10 Years/100,000 Miles:
Covers repair/replacement of powertrain components (selected engine & transmission/transaxle components). Coverage applies to original owner only. 2nd owner has powertrain components coverage under the 5-Year/60,000-Mile plan.
Corrosion: 7 Years/Unlimited Miles:
Covers perforation (rust hole through the body panel) corrosion of sheet metal due to defects in material or factory workmanship; this excludes surface corrosion.
Emission: 8 years/80,000miles:
(Catalytic Converter/Engine Control Module/ Emissions Diagnostic Device)
Roadside Assistance: 5 Years/Unlimited Miles
I recently read a story on seedebrun.com where her Hyundai had approximately 65-70K miles on it and the motor died while on the highway. Now, she initially had purchased the Hyundai largely due to the 10 year / 100,000 mile powertrain warranty. After inspection it was determined that the thermostat, which regulates the engine’s cooling system had failed, which subsequently caused the motor to fail. Hyundai stood strong in their position that the motor was not the defective item, since it was the thermostat that originated the problem. Her warranty claim was denied, despite her persistence through various channels. Based on the above information, it seems that the auto warranties in most cases are not as great for the consumer, in the event that they should ever need it!
Those looking to junk a car in Kent, Silver Lake and North Akron should call BJC. To begin the process of selling a scrap car, simply call our buyer for a quote for an old car. Old car removal is available the same-day in the Rolling Acres area, Cuyahoga Falls and Canton. For old car removal on the same-day in Massillon, Copley or Springfield Township, you should get you quote for an old car by 2PM. Next day pickup is the standard in Mogadore, East Akron & Peninsula, for those calling after 2PM. To receive cash when you junk a car in Kent, Firestone Park or Highland Square, call us at (330) 732-JUNK today. When selling a scrap car to us you can expect upfront pricing, fast old car removal and a quick and courteous quote throughout Barberton, Ravenna and the Merriman Valley. To scrap or junk a car in Kent, Bath or Canal Fulton, you will need to have the title and an ID. To obtain a quote for an old car, junk car or scrap vehicle in Warren or Stow you can visit http://www.barbertonjunkcars.com. Residents of Lakemore, Clinton and Medina are now part of our expanded service area for buying and towing away junk vehicles. Even if your car is at a repair shop in Coventry Township, the Portage Lakes or Fairlawn, you should consider whether it is worth spending more money on your old car versus scrapping it. Our junk car buyer is prepared to make ‘cash for cars” offers to those in Norton, Monroe Falls and Green. We buy wrecked vehicles in Tallmadge, New Franklin and Kenmore on Monday through Saturday. To sell a scrap vehicle in the Chapel Hill area, Hudson and Wadsworth, call us for a cash price today!