Chrsler eliminates lifetime powertrain warranty

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jake75
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Chrsler eliminates lifetime powertrain warranty

Post by jake75 »

I read that effective with 2010 models Chrysler is reducing the powertrain warranty to 5 years/100,000 miles. But it will be transferable to used car buyers at no cost. The old lifetime warranty was only valid for the original owner.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
Kincaid
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Post by Kincaid »

I think this is short sighted and they'll regret it. Flat out screams that Chryslers are unreliable. I liked their new Ram (not to mention the Challenger) but I doubt I'd buy one after they backed away from the warranty.
1997 Civic EX sedan w/auto trans2001 Accord EX sedan w/5-spd manual2009 Vibe 2.4L w/5-spd manual, sunroof, monsoon, GT spoiler, Magnaflow muffler and rolled SS tip, lowered on H-Tech springs, window tint, debadged (save the red arrow!).
lovemyraffe
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Post by lovemyraffe »

Does it surprise anyone that they are eliminating the lifetime warranty?
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jake75
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Re: (lovemyraffe)

Post by jake75 »

Reminder - Chrysler had a 7 yr/70,000 mile powertrain warranty for awhile. There was a fee of perhaps $200 for a used car buyer to get that transferred. My 2004 had that and I think it helped my resale. Then in 2005 they went to a 3 year /36,000 mile saying that their research showed the 7/70 was not much of a factor with new car buyers. Then they changed to the Lifetime Powertrain Warranty in 2007 - wonder what research changed their mind - probably none. No doubt just marketing doing their thing. Hyundai and Kia's 5 year/60,00 mile bumper-to-bumper and 10 year/100,000 mile powertrain warranty is probably a big plus - wonder what it costs them on average.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
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ColonelPanic
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Re: (lovemyraffe)

Post by ColonelPanic »

Quote, originally posted by lovemyraffe »Does it surprise anyone that they are eliminating the lifetime warranty?No, considering how we'll soon see Chrysler-branded Fiats over here. Fix it again, Tony! It sounds like they're anticipating reliability to get even worse than its current dismal state. So, original owners who have the lifetime warranty, they still have it?
03 Vibe base. Born 10/14/2002 06:07 AM
Auto, Moon & Tunes, power package. 143k
Neptune/dying clearcoat/primer grey. :lol:

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jake75
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Re: (ColonelPanic)

Post by jake75 »

Quote, originally posted by ColonelPanic »So, original owners who have the lifetime warranty, they still have it? I believe and hope that is true. I have a 2007 SWB T&C that bought new dirt cheap in July 2007 - less than most people pay for a Vibe 1.8L base. I drive it less than 5,000 miles a year. I hope to keep it for a long time.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
jake75
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Re: (Kincaid)

Post by jake75 »

Quote, originally posted by Kincaid »I think this is short sighted and they'll regret it. Flat out screams that Chryslers are unreliable. I liked their new Ram (not to mention the Challenger) but I doubt I'd buy one after they backed away from the warranty.Well 5 years /100,000 miles is the GM powertrain warranty limit as well. Many are only 3 years/36,000 miles powertrain. [Toyota?]
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
lovemyraffe
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Post by lovemyraffe »

Quote, originally posted by ColonelPanic »No, considering how we'll soon see Chrysler-branded Fiats over here.This will be awesome! I can't wait for the Fiat 500. I might trade the Vibe for one.
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Tubaryan12
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Re: (jake75)

Post by Tubaryan12 »

Quote, originally posted by jake75 »Hyundai and Kia's 5 year/60,00 mile bumper-to-bumper and 10 year/100,000 mile powertrain warranty is probably a big plus - wonder what it costs them on average.In my case, the warranty netted Hyundai / Kia $40000 in extra sales.First 2 Hyundais purchase price - $25000 totalNext 2 Kias purchase price - $40000Total spent on Hyundai / Kia since 2001 - $65,000.00 - not counting interest.I'm willing to bet it makes them a lot more money than it costs. The only repairs we've had so far under warranty on the 4 cars were 4 wheel bearings and a power steering hose. It also cost them a few rental cars and 1 tow. I think in my case they made out well.
ex Vibe: 2005 Abyss 2 tone base, auto, power package (33.24 mpg combined)2008 Kia Rondo EX V6 7 passenger Volcanic Red w/ tan cloth interior (26.7 mpg combined) Finally got 30 mpg combined on the Rondo V-6 (10.24.09) Smith Driving
Kincaid
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Re: (jake75)

Post by Kincaid »

I'm not exactly sure what you mean by this, but I'll say that when Honda and Toyota have 3/36 warranty, everyone knows it is because those companies don't need a longer warranty to attract customers.I don't think anyone is going to think that Chrysler is cutting their warranty because the cars are getting so desirable they don't need it as a selling tool.FWIW, I love the look of the Fiat 500 too. Better yet, the Alfa Romeo MiTo.I love hatchbacks!
1997 Civic EX sedan w/auto trans2001 Accord EX sedan w/5-spd manual2009 Vibe 2.4L w/5-spd manual, sunroof, monsoon, GT spoiler, Magnaflow muffler and rolled SS tip, lowered on H-Tech springs, window tint, debadged (save the red arrow!).
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ColonelPanic
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Re: (Tubaryan12)

Post by ColonelPanic »

Quote, originally posted by Tubaryan12 »I'm willing to bet it makes them a lot more money than it costs. No doubt! They wouldn't have offered that warranty on their cars for the last 10 years if it was not financially viable. It originally started out as nothing more than a marketing gimmick since their sales were so far down the toilet.. It was said the warranty would go away within a few years but it seems to keep attracting customers so they've stuck to it.For me, it only made them a lousy $14,000 but the most expensive thing they've had to replace was the battery. I'll buy another Hyundai or a Kia when mine is due for replacement.And as far as powertrain claims go, they can still deny claims, and they do... They won't honor the warranty if you have a major failure and have neglected maintenance, abused the car, or if there isn't adequate documentation to prove service history. That saves some dough too.
03 Vibe base. Born 10/14/2002 06:07 AM
Auto, Moon & Tunes, power package. 143k
Neptune/dying clearcoat/primer grey. :lol:

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'15 Escape SE - 1.6L EcoBoost (hers)
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silvrhawk7
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Re: (lovemyraffe)

Post by silvrhawk7 »

Quote, originally posted by lovemyraffe »Does it surprise anyone that they are eliminating the lifetime warranty?Doesnt suprise me... there were sooo many loopholes with that warranty, and the 7/70000 as well.
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