Is this $4060 SQ5 Warranty Worth It?
07-02-2017, 10:48 AM
#11
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Hi All,
I am about to purchase an out of warranty 2014 SQ5. I was quoted $4160 for 36K miles /48 months. I was able to get the finance manager to knock off $100.
This is the Gold Coverage from the Audi dealership that supposedly covers 99% of issues with no deductible.
I was at my bank yesterday looking to buy a much cheaper warranty through Route 66 (for ~$1500) but discovered it only covered powertrain.
My question to those knowledgeable on the subject is $4k a fair price for piece of mind on the type of car? My current car for 11 years has been an ACURA TL with 230k miles. It's still running and refuses to break lol. I will end up keeping both cars so I don't run up the miles on the SQ5.
Thanks!
I am about to purchase an out of warranty 2014 SQ5. I was quoted $4160 for 36K miles /48 months. I was able to get the finance manager to knock off $100.
This is the Gold Coverage from the Audi dealership that supposedly covers 99% of issues with no deductible.
I was at my bank yesterday looking to buy a much cheaper warranty through Route 66 (for ~$1500) but discovered it only covered powertrain.
My question to those knowledgeable on the subject is $4k a fair price for piece of mind on the type of car? My current car for 11 years has been an ACURA TL with 230k miles. It's still running and refuses to break lol. I will end up keeping both cars so I don't run up the miles on the SQ5.
Thanks!
07-03-2017, 01:05 PM
#12
AudiWorld Member
Hi All,
I am about to purchase an out of warranty 2014 SQ5. I was quoted $4160 for 36K miles /48 months. I was able to get the finance manager to knock off $100.
This is the Gold Coverage from the Audi dealership that supposedly covers 99% of issues with no deductible.
I was at my bank yesterday looking to buy a much cheaper warranty through Route 66 (for ~$1500) but discovered it only covered powertrain.
My question to those knowledgeable on the subject is $4k a fair price for piece of mind on the type of car? My current car for 11 years has been an ACURA TL with 230k miles. It's still running and refuses to break lol. I will end up keeping both cars so I don't run up the miles on the SQ5.
Thanks!
I am about to purchase an out of warranty 2014 SQ5. I was quoted $4160 for 36K miles /48 months. I was able to get the finance manager to knock off $100.
This is the Gold Coverage from the Audi dealership that supposedly covers 99% of issues with no deductible.
I was at my bank yesterday looking to buy a much cheaper warranty through Route 66 (for ~$1500) but discovered it only covered powertrain.
My question to those knowledgeable on the subject is $4k a fair price for piece of mind on the type of car? My current car for 11 years has been an ACURA TL with 230k miles. It's still running and refuses to break lol. I will end up keeping both cars so I don't run up the miles on the SQ5.
Thanks!
What's wrong with accepting a little responsibility and risk yourself?
07-03-2017, 02:04 PM
#13
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It would seem that purchasing a warranty for one's self is exactly, "accepting responsibility"...not to mention, in my experience, with a broken timing belt on my A3 and a bad TCM also on my A3, the extended paid me back in spades the initial investment...
07-03-2017, 05:53 PM
#14
AudiWorld Member
Buying a warranty is not irresponsible but it is by definition paying someone else to accept the risk that something will go wrong and responsibility for paying for repairs if it does.
07-03-2017, 05:54 PM
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08-21-2017, 02:08 PM
#16
AudiWorld Senior Member
Just asked the local Audi dealer about my 14 SQ5 and they replied
Ok. Looks like the date it was originally sold was 4/26/14 and you are eligible for:
84 additional months up to 70k miles is 7,142 miles per year at $2815
72 additional months up to 60k miles is 6,666 miles per year at $2355
same coverage... new car coverage titled "platinum"
This is through Audi and can be used at any Audi store. It is also cancellable and transferable with a pro-rated refund for both time and miles.
Ok. Looks like the date it was originally sold was 4/26/14 and you are eligible for:
84 additional months up to 70k miles is 7,142 miles per year at $2815
72 additional months up to 60k miles is 6,666 miles per year at $2355
same coverage... new car coverage titled "platinum"
This is through Audi and can be used at any Audi store. It is also cancellable and transferable with a pro-rated refund for both time and miles.
Last edited by shokhead; 08-21-2017 at 03:06 PM.
08-26-2017, 03:06 PM
#17
AudiWorld Senior Member
Just asked the local Audi dealer about my 14 SQ5 and they replied
Ok. Looks like the date it was originally sold was 4/26/14 and you are eligible for:
84 additional months up to 70k miles is 7,142 miles per year at $2815
72 additional months up to 60k miles is 6,666 miles per year at $2355
same coverage... new car coverage titled "platinum"
This is through Audi and can be used at any Audi store. It is also cancellable and transferable with a pro-rated refund for both time and miles.
Ok. Looks like the date it was originally sold was 4/26/14 and you are eligible for:
84 additional months up to 70k miles is 7,142 miles per year at $2815
72 additional months up to 60k miles is 6,666 miles per year at $2355
same coverage... new car coverage titled "platinum"
This is through Audi and can be used at any Audi store. It is also cancellable and transferable with a pro-rated refund for both time and miles.
09-23-2017, 08:07 PM
#18
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CPO'd
"Another suggestion: Instead of considering an Extended warranty, it may be prudent to consider having the vehicle CPO'd instead. I think it may still qualify for CPO status. CPO will extended the warranty for two years which gives you some time to build up a repair fund or decide whether to purchase an extended warranty. Remember, no matter how good a used car looks including its low mileage, you still do not know how the original owner treated the car. CPO would put those concerns to rest for, at least, two years."
Is it possible to have a car CPO'd if you purchased from an individual or non-Audi dealership?
Is it possible to have a car CPO'd if you purchased from an individual or non-Audi dealership?
09-24-2017, 03:59 AM
#19
AudiWorld Member
I don't think so. I think a dealer has to perform a specific detailed list of inspections and certify the car in order to declare it "Certified Pre-Owned."
I assume the dealer accepts some degree of financial obligation with the CPO because the purpose of CPO is to make it easier for a dealer to sell a used car..
I assume the dealer accepts some degree of financial obligation with the CPO because the purpose of CPO is to make it easier for a dealer to sell a used car..