My Experience with a Warranty Company
Posted: Tue Aug 02, 2005 11:01 am
When I bought my car almost 2 years ago, the dealer pushed me to purchase a 3 years warranty from ASWN with the car as well.
First, I thought the warranty is another way to scam money from buyers for dealers.
Top of the range warranty from ASWN for my FTO was around $1000, and as far as I remember, the dealer sold it to me for once of payment of $700.
The way the warranty works is that, all items (engine, electronics, suspension, brakes, abs, turbo, ecu, etc…, and all other parts) in the car covered up to $2000 for mechanical failure per claim. For eg; if the engine blows out, they immediately pay $2000 towards the process to replace it. However, they do not pay for tear and wear, for eg; they don’t pay for a new set of tyres or adjusting the tappets.
I haven’t claim anything since I bought the car, till last week.
When I did a read on error codes last time, I have realized that both left and right rear ABS speed sensors have failed, they were not working. They needed to be changed. So, I call Mitsubishi to get a quote.
Hang on to your seats now!!! They quoted me $700 per sensor, plus $230 in labour. So, overall, I was looking to at more than $1600 to replace two speed sensors. I was shocked!!! Next thing I called the warranty company - ASWN - and my car is at Mitsubishi Service now, they are changing the sensors. ASWN paid for everything, except $50 in excess postage.
At the end, all it cost me is $50, instead of over $1600. It looks that I already take my money back and more from ASWN, and there is still another year for them to cover my car against any mechanical failure.
The moral of the story, I strongly recommend to get a decent warranty when purchasing an import car, which is close to or over 100k kms. It might save you big $$$ and let you have a good sleep at night.
Regards
Max Ungun
First, I thought the warranty is another way to scam money from buyers for dealers.
Top of the range warranty from ASWN for my FTO was around $1000, and as far as I remember, the dealer sold it to me for once of payment of $700.
The way the warranty works is that, all items (engine, electronics, suspension, brakes, abs, turbo, ecu, etc…, and all other parts) in the car covered up to $2000 for mechanical failure per claim. For eg; if the engine blows out, they immediately pay $2000 towards the process to replace it. However, they do not pay for tear and wear, for eg; they don’t pay for a new set of tyres or adjusting the tappets.
I haven’t claim anything since I bought the car, till last week.
When I did a read on error codes last time, I have realized that both left and right rear ABS speed sensors have failed, they were not working. They needed to be changed. So, I call Mitsubishi to get a quote.
Hang on to your seats now!!! They quoted me $700 per sensor, plus $230 in labour. So, overall, I was looking to at more than $1600 to replace two speed sensors. I was shocked!!! Next thing I called the warranty company - ASWN - and my car is at Mitsubishi Service now, they are changing the sensors. ASWN paid for everything, except $50 in excess postage.
At the end, all it cost me is $50, instead of over $1600. It looks that I already take my money back and more from ASWN, and there is still another year for them to cover my car against any mechanical failure.
The moral of the story, I strongly recommend to get a decent warranty when purchasing an import car, which is close to or over 100k kms. It might save you big $$$ and let you have a good sleep at night.
Regards
Max Ungun