Detroit Bureau on Twitter

GM Offers First-Ever Extended Bumper-to-Bumper Warranty

Company claims it could raise resale values.

by on Oct.15, 2018

GM's new extended warranty is accepted at all GM dealers across the U.S.

The difference between buying one new vehicle or another can often come down to the tiniest of things, but General Motors is now offering a big thing that it hopes will make a big difference: an extended bumper-to-bumper warranty.

The company is offering what it is calling the first ever true extended bumper-to-bumper warranty that covers Chevrolet and GMC products for five years or 60,000 miles, whichever comes first, while Cadillac and Buick owners can get a six-year or 75,000-mile warranty.

Product News!

“One of the best things about buying a new vehicle is the peace of mind that comes with the warranty,” said Ken Mac, director of Chevrolet, Buick, GMC, Cadillac Protection. 

The cost of the warranty, which is an extension of the original factory bumper-to-bumper offering, ranges from $1,000 to $2,000, according to GM officials. The price is based on make and model based on the MSRP of the vehicle, and the dealer determines the final price.

“If you drive a Chevrolet, you know that any GM-brand dealer will take care of warranty repairs without paperwork, deductibles or exclusions. The same goes for Cadillac, GMC and Buick owners. Now, we’re offering people the opportunity to increase the duration of their bumper-to-bumper warranty far out into the future.”

GM's new extended bumper-to-bumper warranty means no claim forms to fill out.

(GM shows support of gender equality with board appointment. Click Here for the story.)

The standard factory bumper-to-bumper limited warranty on Chevrolet and GMC products is three years or 36,000 miles, whichever comes first. On Buicks and Cadillacs, it is four years or 50,000 miles, whichever comes first, according to GM.

The new options are designed to make things simpler for the vehicle owner. GM says the new limited warranty is supposed to be accepted “without question,” by all dealers under the GM umbrella: Chevy, GMC, Buick and Cadillac.

(Click Here for more about GM getting kudos for renewable energy commitments.)

The company also notes there are no claim forms or deductibles and the warranty is transferrable, so it doesn’t matter who owns the vehicle. Officials suggest this could improve the vehicle’s value when it comes time to sell it.

The cost of GM's new extended warranty offering can be folded into the vehicle's loan or lease payment.

Perhaps the biggest selling point is that the cost of the warranty can be folded into the loan or lease, so it becomes part of your monthly payment. On average, new car buyers keep vehicles for about 6.8 years, according IHS Markit.

(To see more about GM expanding its electric vehicle team, Click Here.)

“People who lease typically keep the vehicle for 24-36 months, so most of them are always covered by the base bumper-to-bumper limited warranty,” Mac said. “But if you buy, analysts say you’ll likely keep your new vehicle for over six years. This true extended warranty can keep the average customers covered for most if not all of the time they own their vehicle.”

Tags: , , , , , , , , , ,

2 Responses to “GM Offers First-Ever Extended Bumper-to-Bumper Warranty”

  1. Randy Owens says:

    gm still does not get it. to COMPETE the ALL warranty must be INCLUDED at NO ADDITIONAL COST and go for MORE MILES. foreign makers will continue to kick gm’s butt until.

  2. Allen says:

    A warranty is only viable if the manufacturer is willing to honor it. Historically, this is not always the case.