Quote:
Originally Posted by MCeatalot
My dealership was really shady. They added the ext. war. (Platinum) for $1450 w/out my discretion. Being a first time buyer and because I was too damn excited about my new car, I didn't bother to read whatever paper I was signing. I was just putting my signature on 'em. Lesson learned; READ FIRST BEFORE SIGNING. Damn you Hamer!! CS wasn't all that great either BTW.
|
A similar situation happened with me. I ran the service records on the VIN before I bought the car, and noticed it had three instances of "electrical issues." I noted this to my salesman (hoping to drop the price a bit), and he said he'd see if he could get me an extended warranty (the car is Certified, so he was going to see about the comprehensive 100k warranty, rather than just power train). He came back and said they could "set me up with a 100k comprehensive warranty," and it only changed my monthly payment minimally, so I was none the wiser. Signed the papers (excited, first time buyer, just like you). When I left, I was reading over what I signed and noticed they tacked on $1700 for that warranty. I drove back and made them take it off, and I guess they kept the lower APR the salesman had given me, because it lowered my payment by $30/month.
Quote:
Originally Posted by niceguy
I also bought the 7 yr/100mile/$0 decductible for $880 for my 08 SE V6. I wonder after 7 year, if you never use this extended warranty, can I get my money back (refund)?
|
Highly doubtful, this is how they make the money from the warranties, they bank on the fact that you won't use it.