Would a transferable warranty add value for you?

So I just had the transmission replaced on my Silverado 2500. The new transmission comes with a 3-year, unlimited mileage, transferrable,  nation wide warranty.   Would having that warranty add any value to the truck if you were going to buy it private party? Trying to figure out how to price the truck. 

nope

No because most of the time I feel like warranties just find some way to blame you for what went wrong so they don't have to pay

In reply to Jaynen :

I believe it was Tommy Boy? "Because they know all they sold ya was a guaranteed piece of E36 M3. That's all it is, isn't it? Hey, if you want me to take a dump in a box and mark it guaranteed, I will. I got spare time. But for now, for your customer's sake, for your daughter's sake, ya might wanna think about buying a quality product from me."

For me, that depends on the circumstances of the sale. Buying from a private party or dealer, probably not much.

I did however, buy my wife's Sienna from a shop where my friend had worked for years. This friend gave me my 88 Silverado for free when I needed help.

I know the owner to be as honest as a hard days work, and have been fishing with him for years. Even though it's a full day's drive, they've worked on several of my cars; I just plan ahead for scheduled maintenance.

They bought it to replace the transmission and flip, and it had a freshly installed Jasper unit. That made it an easier decision.

3rd party warranties are rarely worth the paper they are printed on.  Just like a modded car, doesn't really add value.  Is it parts only or parts and labor?  Parts and labor - maybe small value.  Parts only?  Well thats the fun of a used, out of warranty car.  You are on the hook for any service needed.  

I would consider a slight add if it was something like a fully built and documented Suncoast transmission in a diesel Dodge Ram.  Thats pretty much the forum fanboi fap material.  A generic  stock rebuild trans from a local shop or nationwide chain on a vehicle not exactly known for transmission failure?  I might not even put it in the ad.  

Exception to this would be an OEM warranty certified pre-owned but that's a whole different chapter.  

The rebuilt unit is from one of the big national transmission rebuilders and it includes labor up to a point for testing and then shop hours for r&r with another transmission if necessary.  This is in addition to the transmission itself as a part.  Should be all inclusive if there's a problem unless the local shop spends a lot of time troubleshooting before they give up and swap it out. 

It's a warranty from the transmission rebuilder, not the shop that installed it. 

Nope

Well, I suppose if there were two vehicles for sale, side-by-side, identical in every way, I might pay a hundred more for it.  

But even then, maybe not... $100 will replenish my expendables shelf a few times.

I’ve seen them work,  so it would for me.

If you are trying to price a vehicle for sale, I wouldn’t adjust the price based on that. 

You’re going to raise the price, and lose some potential buyers. That will narrow your market. 

Leave the price alone, and brag on the warranty as an added value feature. 

I expect a brand new transmission to last 3 years. There is no value in that warranty for the buyer; the chances of it ever getting used are very small. 

I would be more inclined to buy the truck that did not need a transmission replaced vs one that has.  I much prefer a maintained original major component to a rebuilt one. 

mtn said:

I expect a brand new transmission to last 3 years. There is no value in that warranty for the buyer; the chances of it ever getting used are very small. 

unless it comes from Movarus.  Then it won't last 6 months.

Jaynen said:

No because most of the time I feel like warranties just find some way to blame you for what went wrong so they don't have to pay

From our end, this is very true for third party "insurance" type warranties. They also generally only pay something silly like $35/hour and no diagnostic, on the off chance they do feel like paying.

OTOH, NAPA's nationwide warranty is solid.  We have been on both ends of that equation.

mtn said:

I expect a brand new transmission to last 3 years. There is no value in that warranty for the buyer; the chances of it ever getting used are very small. 

The warranty's purpose is to cover defective parts (NEW means Never Ever Worked), not to give a freebie if it wears out.  Like, say, an ignition coil that fails internally a week after installing.