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My warranty expires in a few days -- What would you do?

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mac26mac

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Audi Etron
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My general default is to not own cars outside of warranty. Should I chance it and just keep it? Or move on? (My bumper-to-bumper warranty. not the powertrain).

I don't want another Lucid, but there's not much out there currently in the EV world that comes close on range/luxury. (I have a deposit with my local dealer on a Cayenne). So should I just drive it one more year and hope? I haven't had any major issues recently, but in the law of averages, that means I'm due for something....
 
I’ll be in this boat in about a year as well. My current thinking is to ride it out till the battery warranty is near expiration and then offload it for whatever I’ll get and be happy with it.

Personally I’ve had a few fit and finish issues that I’m fine to live with if similar things happen again. But when the bumper to bumper is close to expiration I’ll nit pick everything and get it dealt with!

I’ll will keep an eye on trade in values in that 50-100k mileage range but I don’t expect to get a compelling offer on it.
 
To add I usually lease at 36/15k so I told myself that this is a two lease term car when I bought it so I feel like I need to stick to it as much as I can.
 
mac26mac said:
My general default is to not own cars outside of warranty. Should I chance it and just keep it? Or move on? (My bumper-to-bumper warranty. not the powertrain).

I don't want another Lucid, but there's not much out there currently in the EV world that comes close on range/luxury. (I have a deposit with my local dealer on a Cayenne). So should I just drive it one more year and hope? I haven't had any major issues recently, but in the law of averages, that means I'm due for something....
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I’m driving the car for 8 years at least. No point selling every 3-5 years and getting a new one. Too much depreciation.
 
It's working well with no issues, and you have plans to buy a new car next year, it doesn't make sense to get something else now. You've already eaten the depreciation, and it's working well. The most expensive issues you are likely to encounter are the drive train and battery, which are still in warranty.

Well you might do instead is put the money you would have spent on a payment for a new car, and to put it each month in a money market account or something. That way it's it's getting a little bit of interest, and if the worst does happen before your new vehicle is ready, you'll have some money set aside to pay for either a warranty repair, or getting something else to tide you over till the Cayenne is ready. And if you don't run into any issues, you've got some extra money to play with, or put towards the Cayenne, or whatever.
 
Sorry: caveat that I should have added earlier: depreciation for my unique situation is not a bad thing — I don’t mind it, so it doesn’t factor into my decision-making negatively.


I’ve run the full gamut of issues with the car. I still love it and it is still the best option out there for range and luxury. But I don’t want (and won’t) pay for fixing things on it. Not worth throwing money at a depreciating asset.
 
mac26mac said:
Sorry: caveat that I should have added earlier: depreciation for my unique situation is not a bad thing — I don’t mind it, so it doesn’t factor into my decision-making negatively.


I’ve run the full gamut of issues with the car. I still love it and it is still the best option out there for range and luxury. But I don’t want (and won’t) pay for fixing things on it. Not worth throwing money at a depreciating asset.
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My assumption is that out-of-pocket repair costs will verge on being extortionate. But the most likely cause of a big repair bill is an accident, and so if the car is reasonably well insured, you're not incurring all that much financial risk.
 
TahoeMichael said:
My assumption is that out-of-pocket repair costs will verge on being extortionate. But the most likely cause of a big repair bill is an accident, and so if the car is reasonably well insured, you're not incurring all that much financial risk.
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Yes, good point.

The only issues will be the nagging and aesthetic things, as well as software/hardware not covered by insurance.

I guess I’ll just float on for a bit and rely on hope as a strategy until something else comes along.
 
I'll be in this boat in about 1 year. After 1yr 8mo of ownership, I'm already at 32k mi, so in 1yr, I'll hit 50k mi

My plan from the get go was to drive in into the ground. I got a full front PPF as soon as I took delivery to minimize road rash this way the car stays aesthetically pleasing for years.

I love the unique combination of performance, driving dynamics, range and luxury.

I test drive several EVs before settling on the Lucid air last year, and the only cat that came close or exceeded the lucid was the taycan (planted driving dynamics, handling) but the range sucked (back then).

I'll drive mine into the ground with love ☺️
 
Get an extended warranty for a year or two to tide you over until you get the Cayenne. I’m sure there are decent choices out there.
 
like clockwork, 5 days before my warranty runs out, my heater broke again (2nd time). Just sent a message to customer care to preserve the claim. :rolleyes:😬
 
Not in a market for a while (my Air Touring lease is less than a year into the lease term), but if I were, I would definitely be looking hard at the Gravity. Budget permitting.

Two EVs that I am really looking forward to next year, are the 1) BMW iX3 (Neue Klasse) and 2) Mercedes Benz GLC electric.
 
I hope you'll forgive me for not going really crazy researching this, but for all of the queries about post warranty maintenance and repairs, has anyone actually relayed a first hand experience? There must be a bunch of people off their bumper-to-bumper warranty by now, so it would seem that we should have a number of real world data points. Have I missed them?
 
Buffalo Bob said:
I hope you'll forgive me for not going really crazy researching this, but for all of the queries about post warranty maintenance and repairs, has anyone actually relayed a first hand experience? There must be a bunch of people off their bumper-to-bumper warranty by now, so it would seem that we should have a number of real world data points. Have I missed them?
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I just don’t think they have a lot of problems 🤷
 
socktucker said:
I just don’t think they have a lot of problems 🤷
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Well, that would be a pretty good data point in and of itself. I wondered if Lucid would not take a pretty relaxed view of warranty term enforcement. After all, the people off warranty now are likely very earlier adopters who paid top dollar for their cars, and also lived through the worst of Lucid's hardware and software growing pains. As much money as Lucid has since forgone to buy volume, I think that would be the right thing to do, even though I am not one of the owners who would benefit from it.
 
gaskiller said:
I’m driving the car for 8 years at least. No point selling every 3-5 years and getting a new one. Too much depreciation.
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Same here...nitpick the heck out of everything before warranty expires and then ride into uncertainty and hope for at least 7 to 8 years before selling for what I'm sure will be tremendous depreciation....then go buy a gently used car again..but I'd be hard pressed to find another Lucid grade EV but we shall see what's on offer then...
 
lucidtouringman said:
Same here...nitpick the heck out of everything before warranty expires and then ride into uncertainty and hope for at least 7 to 8 years before selling for what I'm sure will be tremendous depreciation....then go buy a gently used car again..but I'd be hard pressed to find another Lucid grade EV but we shall see what's on offer then...
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...and hopefully many years from now, when I can't drive it anymore, I figure I can stop registering and insuring it, park it in the garage, and it'll be my classy powerwall. Of course, I'm hoping V2H will be released by then.
 
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lucidtouringman said:
Same here...nitpick the heck out of everything before warranty expires and then ride into uncertainty and hope for at least 7 to 8 years before selling for what I'm sure will be tremendous depreciation....then go buy a gently used car again..but I'd be hard pressed to find another Lucid grade EV but we shall see what's on offer then...
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Oh I figure after year 8 and the battery warranty is gone, the car will basically have no value 🤷
 
socktucker said:
Oh I figure after year 8 and the battery warranty is gone, the car will basically have no value 🤷
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Heavy depreciation seems likely at that point. But battery longevity isn't the problem people worried it would be a few years ago, at least for the battery chemistries/designs that were being produced back then. So I think an 8 year old EV will have quite a bit of life left in it, and the resale value won't drop to zero.
 
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