 | Fred M. Gorges, Following in his father’s footsteps, Fred is the fourth generation of running the Gorges family automotive business in Wichita. Fred began in the dealership as a lot attendant, throughout high school he worked part time in the parts, service and sales departments. Eventually, he left Wichita for Lawrence and attended the University of Kansas for two and a half years. Fred then went to Dallas and attended Northwood University, a small business college to study automotive marketing. He returned to Wichita in 1999 and spent four years learning the wholesale side of the business. Fred Gorges currently manages Gorges & Company Volvo located at K-96 and Webb Road. You can reach them by phone (316) 630-0689 or on the Internet at www.gorges.com. You can email Fred at fgorges@hotmail.com. |
Cars, Trucks, Vans & Automotive
2006-12-01 15:48:00
What’s the catch?
Many people ask about the 100,000 mile warranties offered by many of the new car manufacturers. Are they really as good as they seem, or is there a catch?
ANSWER: The “100,000 mile warranties” are great for advertising, and do offer extended coverage for parts of the vehicle, however there is some fine print. Most of these warranties have two parts. The comprehensive 3 year/36,000 mile part of the warranty, which is what we are all so familiar with, and then the power train part of the warranty up to 100,000 miles. The power train (100,000 mile) warranty covers only internally lubricated parts of the engine and transmission, which means it will not cover anything electrical, cosmetic, driver operated, etc. The other piece of crucial information is that these warranties do not transfer to a new owner. The 3 year/36,000 mile part of the warranty will transfer to a new owner, but if you buy the car new, and then sell it to a friend, the 100,000 mile power train warranty drops off.
Bottom line………the 100,000 mile warranty has value, but make sure you always read the fine print, because there are some ins and outs to be aware of when purchasing a vehicle with such a warranty.
