The fact that it costs nearly 10% of an Acadia’s MSRP to cover its parts for a few more years begs a simple question: Why are GMC Protection Plans so expensive? The answer could lie in GMC’s reliability ratings. Maintenance and repairs on GMC vehicles, by comparison, are only 15% more expensive than average. These are similar prices to what we were quoted by BMW for its extended warranties, and BMWs cost 50% more than the average vehicle to maintain and repair, according to RepairPal. Even the seven-year/70,000-mile warranty on our brand-new Sierra was quoted as $3,700, which is a lot for a plan that only really extends the factory warranty by four years or 34,000 miles. That means GMC Protection Plans are considerably more expensive than average. Most automakers’ extended auto warranty terms start from the date the vehicle is purchased by its first owner, even if you’re buying the warranty later.įor context, the average extended auto warranty costs around $2,500 and rarely exceeds $4,000. Here’s a breakdown of what each GMC Protection Plan covers, courtesy of GMC itself: It’s also an “exclusionary” warranty, meaning it’ll cover all parts except those specifically outlined in the terms and conditions. The Platinum plan is essentially an extended bumper-to-bumper warranty. GMC Protection Plans come with three coverage options: Powertrain, Silver and Platinum. It’s worth noting that your $100 towing benefit only applies if your breakdown is covered by your warranty plan, though. Some brands only cover $35 per day for a rental car and $50 per day for trip interruptions (if they even cover them at all), so GMC’s limits are generous by comparison. Overall, these are above-average benefits for an automaker’s extended warranty. Trip interruption coverage of up to $200 per day for up to five days to help cover emergency travel expenses (meals, lodging, taxis, etc.) if your GMC vehicle has a covered breakdown more than 100 miles from home.Rental car coverage of up to $40 per day for 10 days while your GMC vehicle is in the shop for a covered repair.Roadside assistance, including up to $100 for towing (per occurrence), battery service, flat tire assistance, emergency fuel and fluid delivery, and lockout assistance.Disappearing deductibles, which can waive your $100 deductible if you get your warranty repair work done at the same GMC dealer that sold you the warranty.In addition to parts coverage, all GMC Protection Plans come with the following benefits: If you have submitted a claim or it's been 60 days or longer, you can still cancel for a prorated refund minus a $50 administration fee. You can cancel your GMC Protection Plan within 60 days of purchase for a full refund, provided you haven’t yet submitted a claim. We’ve broken down the more important terms and conditions below, but it’s always a good idea to read your contract before you sign so you know what’s expected of you and what you’re getting. We read the sample contract for a GMC Protection Plan, and overall, GMC doesn’t seem to be hiding any atypical “gotchas” in its terms and conditions. » LEARN: What does a car warranty cover? GMC extended warranty terms and conditions You can technically purchase a GMC Protection Plan at any point before your GMC vehicle hits eight years old or 100,000 miles on the odometer, but the cost of coverage rises as you wait. (If you want to protect yourself against repair bills after an accident, theft or vandalism, you should look into comprehensive auto insurance.) That means your extended warranty will cover the cost of repairing or replacing specified components that break or malfunction as a result of normal use. These plans are designed to extend your existing GMC factory warranties, which include three years or 36,000 miles of bumper-to-bumper coverage and five years or 60,000 miles of powertrain coverage. GMC’s official extended warranties are called GMC Protection Plans.
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