Chrysler Bankruptcy and your Warranty Coverage

If you’re a Chrysler owner, there’s no doubt you’ve heard about their bankruptcy filing this week.  It’s been a hot topic, with everyone from the worker on the line to our President weighing in.

One thing we haven’t heard much about, however, is how Chrysler owners will be effected by the bankruptcy filing.  Being in the extended warranty business, we’re frequently fielding the following questions:

  • How will my factory warranty coverage be effected by Chrysler’s bankruptcy?
  • The President said that Chrysler purchasers would be protected even if Chrysler filed bankruptcy.  Are there any caveats?
  • Does my extended warranty coverage immediately go into effect if Chrysler’s factory warranty is terminated?

Chrysler Corporation – 2009 Best and Worst Cars

Chrysler has been through the wringer ever since Lee Iacocca came and left.

They’ve been owned by American investors, German/American investors, and now back to all American investors and they still seem to be able to provide some really good cars in both economy and sedan models.

Chrysler may try to do some recycling at their plants in the US, and after many years of calling for one, they finally have the 2009 Aspen SUV hybrid—about time! A Chrysler spokesperson said once that their diesels were their hybrids—okay?

In any event, we took a look at two family sedans and whichever one you choose, don’t forget to buy a Chrysler extended warranty to help your resale or trade-in values or for those needed repairs once your 3 year warranty runs out.