6th Nov 2009, 17:15
Or, that Hyundai HAS to offer this warranty as an incentive to buy its vehicles, just like Ford, GM, and Chrysler do.
I can agree with you that they won't be making 300,000 miles though. However, it will be them along with most of the domestics. All of them are in a mad rush to catch up to the Japanese.
6th Nov 2009, 12:21
I wish people would stop using a long warranty as a measure of confidence in a car line. It is purely a marketing strategy to sell more cars, and it worked beautifully for Hyundai, which is why other companies have copied it. It is a gamble that they will sell enough cars to cover any warranty repairs needed up to 100K on the (hopefully) few that are problematic. It has obviously paid off really well for Hyundai.
The most laughable 100K warranty is GM with their 5 year 100K warranty. 90% of people average 60K or less in 5 years of driving so they are only taking a 10% gamble that they will cover anything after that mileage on their cars. Talk about lack of confidence... and yet everyone says their warranty is so much better than Honda's at 5 year 60K... which in reality is the exact same warranty for at least 90% of the drivers out there!
And why do people have so much faith in Dodge products, especially from the 80's? Please cite any source that gives the majority of Dodge vehicles (outside of the Hemi powered cars and their trucks) a good rating for quality and longevity. They have long been known as the bottom of the domestic brands. Yes, I have seen examples go for many miles too, but overall they are not up to par with most brands.