I would never buy an extended warranty for anything and trade in is going to suck atleast $2k-$4k off that price probably. If you want to sell it, do it privately, the dealerships have to make money.

I felt the same as you do in the past. Then I bought a Dodge Magnum, they suggested I get the extended. Afet thinking about it for a bit.. I decided to get it. They offered "Free oil changes avery 5k kms. I thought well at least I get something for the money.

After about2-3 winters the heating system acted up, took em a while to find out the problem, there and then, I got majority of my money back. At this point I'm in the positive for the investment:thumbsup

I got the extended warranty on my 2004 Viper when the factory warranty ran out. Saved me about $10,000, and ended up costing $4,300 for the warranty itself. When I sold the Viper, I cashed out $2,200 from the warranty -- so, for $2,100 over the life of the car, it saved me $10,000 or so. Not too shabby ... but I wouldn't get it on anything that cost less than $70k or so -- those kinds of cars are more disposable when something goes wrong.

If the warranty is transferable, and you are SURE you want to sell it, fuck it, sell it now. A warranty is a huge selling point. I don't believe in buying warranties through a dealer. Dealers are snake oil salesmen who mark everything up all to hell and far beyond. Warranty Direct USE TO sell great warranties... I know they don't offer them any more but key things to look for

1. They covered wear and tear

2. They listed everything NOT covered instead of everything that is covered (very important)

3. They had no overheating clause

4. They covered electrical, airbags and even brakes

5. They offered a $0 deductible policy

6. They allowed YOU to pick the shop

7. They paid UPFRONT instead of reimbursing you

I'd be surprised if you could find many of these features, today, but if you can it's worth paying for. My grandmother went and pissed away nearly $40K on a van and when I found out I told her to buy a warranty from WD... Cost her $1400.. they ended up doing a transmission ($4000) electrical work ($2000+) a head gasket ($2000) and some other shit

I've never seen a good warranty offered by a dealer.

Don't trade with a dealer - you will NOT come out ahead.

What I'd do, I can tell by the way you write about it, you love this car... you put back a hundred or two bucks a month and you'll be very likely to have enough put aside for anything and everything it may need. In the interim maintain the fuck out of it and it would be very likely to provide years of good service to you.

Whoever keeps throwing tires on there for you needs to figure out what's wrong.. I know low pros are touchy, but god damn. Is it the SAME TIRE EVERY TIME? If it is, go smack whoever keeps replacing the tire and not fixing the actual problem :1orglaugh

Number one rule for me next time is don't ever sell a car you love.. who knows what might happen... Selling my Cadillacs was the worst thing I have ever done. Every time I see one drive my my heart drops down into my balls :mad:

low mileage vette? keep it man, no payments and the only issue is buying tires?

cars are a passion for me, and unless you are really 'feeling' your next purchase then keep hold of what you got, a car is useless if it dont get your pulse racing!

I've owned three Corvettes. Two of them had bad alignments from the factory and wore out the rear tires in about 4k miles. Chevrolet realigned the car and replaced my tires for me both times, no way a new car should come with a bad alignment especially in the rear.

Soft, performance tires and bad alignment will wear them out quickly, especially the run flat tires and those fuckers arent cheap.

Go spend $100 at Discount Tire or whatever in your area on a 4-wheel alignment, I bet its really screwed up.

use different tires... you should get close to 15k on a set

I can't over-emphasize this. A corvette is something that people often buy when they can just barely afford it, and the repairs kill them. A warranty lets this type of buyer sleep at night, and it expands your market by a huge factor. Great advice here.

You lost about 750/month on the value and now it should start to flatline so lets say you lose 250/month here on out for a bit. That leaves you 500/month for maintenance. Enjoy your car. I have a 2004 M3 and I use I do not drive it a ton so why would I sell a low mileage car just to start over on the depreciation?

Fitty missed Corvette's

not really sure what you are speaking of.... drove a vette for 7 years... other than routine maintenance very little repair, like only 2 repairs actually and they were both at the same time... at 100K miles

I'm in a similar situation, looking to get a car to replace my f-150 lightning, got rid of my S550 in March... I want something more fuel efficient, paying avg 1.40 a liter cdn for premium has gotten old.

You're lucky. My vettes always took a little more love. But then again, I drive them more aggressively and on a much more regular basis than you probably do. My point is that people hit a point in their life when they need something shiny, and because the Vette is a lot of power for a low price, they usually feel like they can "afford" the car by just looking at the sticker or monthly payment. They don't take into account the cost of maintaining a car like that -- the more expensive gas, the potential for very expensive repairs of that shiny V8 or transmission goes bad, etc. You or I may not notice the expense, but someone living paycheck to paycheck definitely will.

In recent times, a warranty has become a HUGE selling point on the sports cars -- and even more so when they are "higher end" sports cars. Not really the same category of cars, but I can tell you that at least 50% of the buyers I talked to when I sold my Viper were calling because I was willing to transfer the warranty.

It was advice from someone who has sold a lot of cars like that, but do your own thing, I guess. :2 cents:

Makes sense. This is why I am looking to trade it in before I have to form out more money. I have already spent over 1k on tires and barely drive it. Only 32k miles and I baby it.

Wouldnt you be sad if you sold it and the only thing it needed was a 4-wheel alignment. Take it to Big-O tires and get it done.

But hey, dont listen to me....

I didn't mean it in a bad way. If you're not going to use the full potential of the car, you may as well get something luxurious. Since you like GM, why not something like a Caddy CTS? Quick and comfy.

The CTS is definitely a good choice if you're a GM person. I test drove one before going with the most recent BMW, and absolutely loved it. My only gripe is that they wouldn't take my Cadillac limousine in trade, which I thought was BS -- Caddy not accepted at a damn Caddy dealership?! It cost them the sale.

Someone on gfy actually read one of my posts and agreed with me.. Don't do that, I might fall out my chair :1orglaugh

Fuck them .. one of these days some time when I have a few dealerships I'll take your Cadillac in .. :thumbsup

Haha. I traded the Cadillac limousine on a BMW 530i, which I am now selling. I go in/out of cars very quickly. I didn't need the limo anymore when I stopped having a cheap driver -- I'm not driving my own damn limo! LOL!

That is definitely nice when you can hire a couple of guys to look out for you and drive, though.. :1orglaugh

Haha, well ... this guy was insanely cheap. I mean INSANELY cheap. I live in a rural area, so ... :winkwink:

Corvette, the mullet of cars..

You could always pay them in access to female(s) and get a good driver.. :)

I think I know what you mean and I don't think I'd get into the car with someone THAT inexpensive (or that kind of inexpensive) :1orglaugh