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QUESTION: Do you like or use Auto Extended Warranties and why?

EFG Company has launched a new 11 years / 150,000 mile warranty program for all EVs. They call it the Motorist Assistance Plan (MAP) EV Protection. This new auto warranty on top of the OEM warranty covers the following: The new warranty provides coverage for all assemblies and parts, the manufacturer-installed battery, and the motors, although certain specific parts are excluded. It also provides roadside assistance, rental reimbursement, and trip interruption benefits.

https://chargedevs.com/newswire/efg-launches-150000-mile-extended-warranty-exclusively-for-evs/

Current OEM warranties are 8 years or 100,000 miles in comparison to 11 years or 150,000 miles.

This brings up a good point of discussion, with thousands of fewer moving parts and much lower maintenance, could we see the OEM move to a 10yr / 100,000 bump to bumper warranty with a 250,000 mile powertrain warranty?

On another Note, the Ford F-59 commercial truck commonly used as a food truck or delivery truck has received it's CARB certification to sell their truck in California and will sell it nationally in two versions, 80 miles and 110 miles EV.

https://chargedevs.com/newswire/lightning-systems-receives-ok-to-sell-its-all-electric-ford-f-59-in-california/

Electrify America is deploying 150kW DC Fast Chargers in San Francisco that are robotic in nature requiring no human intervention in charging up EVs.

https://chargedevs.com/newswire/electrify-america-to-deploy-commercial-robotic-chargers/

Large-Electrify-America-And-Stable-Annou

Large-Electrify-America-And-Stable-Annou

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51 minutes ago, dfelt said:

QUESTION: Do you like or use Auto Extended Warranties and why?

Absolutely not.

They're so ridiculously overpriced I don't even consider them. I think they wanted like $3500-4000 for 3 years or 45,000 miles on my Lincoln. 

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When I bought my Trailblazer SS I was offered the GM extended warranty to 7 years and 100,000 miles. When at 76,000 miles or so my Radiator had a leak that leaked into the trans cooler portion and ended up messing up the transmission, I saved myself over $10,000 as they had to replace the transmission, cooling lines and combo Radiator / trans cooler. Was so happy I had that extended warranty. 

Never bought one on my Escalade or any of my other auto's. 

Just figured on my CPO SS that I would cover my bases and glad I did.

FYI, for those wanting to know, GM charges 10% of the sales price of the auto, so my Extended warranty was $2,400. Course I bought my SS in 2011 when people were not wanting gas guzzling auto's. So got a good price on it as less than 24K miles for a 3yr old Leased SUV.

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I had an extended warranty on my Lucerne that lasted three years.  Several repairs (including a radiator leak) were fixed and I only had to pay a $100 deductible the three times the Lucerne needed a significant repair.

About the GM charges for an extended warranty, good to know for my next GM vehicle.  Thanks.

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I got the extended warranty on my CPO Jeep for 7 years/100,000 miles.   I don't plan to keep it past 100,000 miles so I figured it was worth it.

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On 8/27/2019 at 6:04 PM, balthazar said:

Not a single proposed model on the horizon with a sub-median msrp. Even if costs drop so radically that its possible, manufacturers will never do it.

No one has better economies of scale than Tesla, and there the Model S, which used to be $57K, is now $81K.

They've also increased content and introduced a cheaper model. 

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^ Sure, but -just like full-size vs. mid-size trucks- not everyone wants a compact sedan.

I haven't studied it but the S's price jumped an astounding (something like) $18,000. Hope that included a shitload of content.

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4 minutes ago, balthazar said:

^ Sure, but -just like full-size vs. mid-size trucks- not everyone wants a compact sedan.

I haven't studied it but the S's price jumped an astounding (something like) $18,000. Hope that included a shitload of content.

Bigger battery, dual-motor standard, AWD standard, computer controlled air-suspension standard

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1 hour ago, balthazar said:

Meh- sounds like more like $6000.

Considering that the Auto Industry loves to Keystone the cost into the markup, being they double the price of their cost and add it to the vehicle, I would say that for Tesla, it probably is a $9,000 cost of parts and labor. So $18,000 markup.

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10 hours ago, balthazar said:

Meh- sounds like more like $6000.

A whole second power unit for $6,000?

And to be more clear... Telsa didn't exactly raise the price... they dropped the base models. A P85D was always in the $80k range. 

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2 minutes ago, Drew Dowdell said:

A whole second power unit for $6,000?

And to be more clear... Telsa didn't exactly raise the price... they dropped the base models. A P85D was always in the $80k range. 

So if Cadillac or Lincoln was dropping base models because the more expensive ones the response from the domestic ICE lovers would be...

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It wouldn't be a $24,000 price jump(81k - 57k). 

The Navigator jumps from $73,205 to $77,555 from base to middle model. 

The Escalade jumps from $76,490 to $82,090 from base to the next model/trim.

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16 minutes ago, Drew Dowdell said:

A whole second power unit for $6,000?

And to be more clear... Telsa didn't exactly raise the price... they dropped the base models. A P85D was always in the $80k range. 

Point is - it was an effective price increase. If cost wasn’t a factor, no one would have bought a P75D to begin with. Or a P85D for that matter.

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Sometimes I wonder if GM wants to succeed or not.  If I were running GM, the first thing I would do is dramatically simplify the range of vehicles to the point where there is only ONE trim level per vehicle and price that vehicle very aggressively.  Example: take a Chevy Equinox.  Make it a fully-loaded Premier trim level ONLY and price it about $5000 below current prices.  NO base model and no LT trim levels anymore.  Rinse and repeat throughout the Chevy CAR line (not the pickup trucks or BOF SUVs!).  Of course this will exclude the Corvette since that is the value leader of its segment.  I believe that this will pull buyers to GM and push them away from Hyundai/KIA as well as Toyota and Honda.

Your thoughts?

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23 minutes ago, riviera74 said:

Sometimes I wonder if GM wants to succeed or not.  If I were running GM, the first thing I would do is dramatically simplify the range of vehicles to the point where there is only ONE trim level per vehicle and price that vehicle very aggressively.  Example: take a Chevy Equinox.  Make it a fully-loaded Premier trim level ONLY and price it about $5000 below current prices.  NO base model and no LT trim levels anymore.  Rinse and repeat throughout the Chevy CAR line (not the pickup trucks or BOF SUVs!).  Of course this will exclude the Corvette since that is the value leader of its segment.  I believe that this will pull buyers to GM and push them away from Hyundai/KIA as well as Toyota and Honda.

Your thoughts?

People love options, the only way this works is if you offer a fully loaded one at the so Premium Value Price and then offer the Alacarte build it yourself option and yet that would greatly reduce inventory on hand and reduce sales I think for people to wait for 8 weeks for their auto to be built, we need to get to a 100% automated robotic assembly line on a skateboard platform with Mini Factories where you stop at your dealer, you pick options and color and it is assembled and you get it the same day. That would work then.

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1 hour ago, dfelt said:

People love options, the only way this works is if you offer a fully loaded one at the so Premium Value Price and then offer the Alacarte build it yourself option and yet that would greatly reduce inventory on hand and reduce sales I think for people to wait for 8 weeks for their auto to be built, we need to get to a 100% automated robotic assembly line on a skateboard platform with Mini Factories where you stop at your dealer, you pick options and color and it is assembled and you get it the same day. That would work then.

On the contrary, most modern people want vehicles they don't have to think about. This would indeed only work for a very high end vehicle.

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Things you don't have to think about?

How about a 500 mile range EV with a wireless charging pad for the car/suv/truck in the garage? That sounds pretty ideal to me. 

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42 minutes ago, A Horse With No Name said:

On the contrary, most modern people want vehicles they don't have to think about. This would indeed only work for a very high end vehicle.

Really, with the way people love to order their coffee / latte I think people want the flexibility to order up what they want on an Auto as long as they can get it fast same day I would think.

10 minutes ago, ccap41 said:

Things you don't have to think about?

How about a 500 mile range EV with a wireless charging pad for the car/suv/truck in the garage? That sounds pretty ideal to me. 

Yup 500 miles and wireless charging pad in the garage is perfect.

See the source image

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42 minutes ago, dfelt said:

Yup 500 miles and wireless charging pad in the garage is perfect.

It doesn't even have to be some super fast charger. It can go at whatever pace because it would be on it for long periods of time overnight. I would imagine a good 10-12 hours and I highly doubt you're using anywhere close to 200 miles of range a day. I think you'd start the day full or lose to full from a slow charging mat every day.

Any estimate on the time it would take to charge on a wireless charger, dfelt? 

You would almost completely forget about gas stations or charging locations. It would be almost perfect. 

If I were to be picky, I'd want maybe 600 miles..

500 miles would get me to my sister's place 5.5hrs away in the winter, with a 30% loss of range, with a dash to spare. That'd be a 350 mile range for winter(assuming worse case). Charging when I get there would be another situation all together but I could cross that bridge when I got there. 

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2 minutes ago, ccap41 said:

It doesn't even have to be some super fast charger. It can go at whatever pace because it would be on it for long periods of time overnight. I would imagine a good 10-12 hours and I highly doubt you're using anywhere close to 200 miles of range a day. I think you'd start the day full or lose to full from a slow charging mat every day.

Any estimate on the time it would take to charge on a wireless charger, dfelt? 

Currently there are 3rd party companies that have home wireless charging pads that are 220V and depending on battery size will take from 8 to 14hrs to fully recharge.

Good Read here: https://getelectricvehicle.com/wireless-charging-for-electric-cars/

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Rarely, if ever, will you pull into your garage with 0 miles range left, so a charge to full could take substantially less time. 

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5 minutes ago, Drew Dowdell said:

Rarely, if ever, will you pull into your garage with 0 miles range left, so a charge to full could take substantially less time. 

Exactly, that is another reason the slower charging wireless pad would be ideal/okay. It's just another thing to 'not think about'.

 

Realistically, I typically only drive about 25 miles per day mon-fri. The lowest range EV would suffice for 99% of my trips. It's the random 100 mile days on the weekends that would be more of an issue and then visiting my brother/sister 5.5hrs away a couple times per year. 

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2 minutes ago, ccap41 said:

Exactly, that is another reason the slower charging wireless pad would be ideal/okay. It's just another thing to 'not think about'.

 

Yes be it parking outside or inside, you just pull up to your home over the pad and go in for the night, come out the next morning fully charged and ready for the day. :metal:

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