Should You Invest in Extended Warranty for Subaru Vehicles?
Subaru vehicles have gained a reputation for their reliable performance, but like any other vehicle, they can face certain issues. Over the past few years, there has been a significant amount of discussion regarding oil burning in Subaru engines and transmission problems with CVT. This has led many potential buyers to question whether purchasing an extended warranty is worthwhile. In this article, we'll explore the pros and cons of extended warranty coverage for Subaru vehicles.
Understanding the Manufacturer's Warranty
Subaru vehicles come with a standard manufacturer's warranty that typically covers the first three years or 36,000 miles. During this period, most mechanical and structural defects are covered. However, what happens after the warranty expires is where many drivers find themselves facing additional costs.
When to Consider an Extended Warranty
Whether you should invest in an extended warranty for your Subaru depends on a few key factors:
Vehicle Age and Mileage: If you plan to keep your Subaru for a more extended period, such as up to 150,000 miles, it might be prudent to consider an extended warranty. Repairs on these vehicles tend to be quite expensive, especially after the standard warranty expires. Historical Issues: Historically, the primary issues for most Subaru models have been minor engine seal leaks and in-car electronics. These issues can occur as the vehicle ages, which is why an extended warranty can provide additional peace of mind. Budget: Buying an extended warranty can be expensive, so it's important to consider your financial capacity. A ballpark cost of around $1,500 is often mentioned, but some people might only spend around $1,100 online. Make sure the extended warranty fits within your budget.What the Extended Warranty Covers
An extended warranty typically covers component issues that arise after the manufacturer's warranty expires. This can include mechanical problems, electrical failures, and other major repairs that might be necessary.
Does it Make Sense Business-wise?
From a business perspective, companies don't sell extended warranties unless they expect to make a profit. Insurance companies estimate that they often collect more in premiums than they pay out in claims. This makes it a lucrative product for them, but it doesn't necessarily mean it's the best choice for every driver.
Potential Issues and My Personal Experience
In my personal experience, I've had only one issue with my Subaru: the air conditioning fan, which was covered under the regular warranty. Since then, my vehicle has been fine. However, I have heard numerous stories from other owners about more significant issues. If these stories are accurate, an extended warranty might offer valuable protection.
Alternatives to an Extended Warranty
Despite the potential benefits, many drivers choose not to buy an extended warranty and instead rely on regular maintenance and proactive checks. Some tips for maintaining your Subaru without an extended warranty include:
Regular Service: Keep your vehicle well-maintained by taking it in for regular inspections. Look for minor issues, such as seal leaks, which can be addressed before they become major problems. DIY Oil Changes: If you're comfortable with it, performing regular oil changes yourself can help reduce maintenance costs. Preventive Measures: Watch for signs of potential issues, such as rattles or squeaks, and address them promptly to avoid more expensive repairs.Conclusion
The decision to invest in an extended warranty for your Subaru ultimately depends on your individual circumstances and priorities. If you plan to keep your Subaru for an extended period and want additional protection against unexpected repairs, an extended warranty might be a wise investment. However, if you are only planning to own your Subaru for a shorter period, or if you prefer to manage maintenance costs through regular service and care, an extended warranty may not be necessary.