Quote:
Originally Posted by huge-pigeons
What a scam. All the clowns in the ads don’t tell you the true cost of the repair. Sure the repair might be $5000 after paying for 3 years, but since you might be paying $200 a month for this bogus extended warranty, you are paying $2400 each year and after 3 years you would have paid $7200 for the insurance, so that $5000 repair after 3 years really cost you $7200.
The repairs they cover do not allow you to take it to any mechanic you choose and they will replace parts with remanufactured parts.
I have purchased 2 new cars almost every 2 or 3 years and only once did I buy an extended warranty because of 2 things:
I thought I would keep this car longer; and the dealer stated that if I sold the car or never use the extended warranty, they will refund the full cost of the extended warranty. I kept the car for 1 year after the original warranty ended, and never used the extended dealers warranty, so they gave me my money back
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You should share the dealerships info
With that kind of sales model...he’s probably living in a travel trailer behind the dealership!
Those warranties, again, not the TV ones ....are where most dealerships make their most profits. So your story, if true, is clearly an anomaly