Has anyone had their Water Pump replaced?

[carnageehw]

"Extended warranty? How can I lose??!?"

09 Yaris at 120,000kms and haven't had any problem like that.

[teddy]

Originally Posted by carnageehw

"Extended warranty? How can I lose??!?"

09 Yaris at 120,000kms and haven't had any problem like that.

Maybe not, but I think the reason to buying the extended warranty is more for the "what if I do have problems?" It only takes a few things before the warranty is worth it. In additions you have peace of mind that if something DOES then you don't need to pocket the expense.

PS: That's a lot of driving to rack up 120,000km on an 09!

[hyprmiler]

not to start an argument over warranties, but I've found that putting a little bit away every month and budget for a repair before it happens saves over buying an extended warranty if you plan on keeping the car for an extended period of time.

glad you got your pump replaced at no cost to you though!

[bronsin]

Originally Posted by hyprmiler

not to start an argument over warranties, but I've found that putting a little bit away every month and budget for a repair before it happens saves over buying an extended warranty if you plan on keeping the car for an extended period of time.

Companies make money on the warranties they sell. Its that simple. Statistically the consumer SAVES money by not getting the extended warranty.

I told the Toyota dealer when I bought the car (and they twisted my arm to extend the warranty) "Im paying top dollar to buy a Toyota when I would save money buying a Korean car. If anything serious goes wrong with the car I wont be buying another Toyota!"

[nookandcrannycar]

225,703 miles -- original water pump still on the car.

[Kal-El]

Originally Posted by bronsin

Companies make money on the warranties they sell. Its that simple. Statistically the consumer SAVES money by not getting the extended warranty.

I told the Toyota dealer when I bought the car (and they twisted my arm to extend the warranty) "Im paying top dollar to buy a Toyota when I would save money buying a Korean car. If anything serious goes wrong with the car I wont be buying another Toyota!"

I got the usual pressure to purchase the extended warranty (to 100K) when I bought mine with 34,000 miles on it. I made the correct prediction that it would be extremely unlikely for anything expensive to go wrong before 100K on a Yaris. I'm now at 126,000 and have not needed a single repair. It's still like new.

I think they wanted something around $1,000. Would have been 1,000 profit for them.

[nookandcrannycar]

Originally Posted by hyprmiler

not to start an argument over warranties, but I've found that putting a little bit away every month and budget for a repair before it happens saves over buying an extended warranty if you plan on keeping the car for an extended period of time.

glad you got your pump replaced at no cost to you though!

^^^^^This. In addition you don't have to worry about the warranty company going out of business/declaring bankruptcy, nor trying to deny your claim.

[Gogogordy]

Originally Posted by hyprmiler

not to start an argument over warranties, but I've found that putting a little bit away every month and budget for a repair before it happens saves over buying an extended warranty if you plan on keeping the car for an extended period of time.

glad you got your pump replaced at no cost to you though!

I agree....been burned a time or two on "extended warranties" with their "exclusions" etc., but I suppose it's a personal choice.

The profit margins are quite high on those programs, and the Finance rep at the dealership makes a very nice spiff for selling them, so pricing is quite negotiable....don't pay list!

You're betting against the house when you buy a warranty plan in any case, so my last advice is to make sure the underwriting company is a reputable one (Toyota, Zurich, etc) so do your due diligence BEFORE signing up for that warranty plan.