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service contract

Discussion in 'Gen 3 Prius Main Forum' started by vandenberg, Aug 25, 2009.

  1. vandenberg

    vandenberg New Member

    Joined:
    Aug 25, 2009
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    Location:
    federal way wa
    Vehicle:
    2010 Prius
    Model:
    III
    I just bought my wife a new 2010 Prius III. We went to sign the papers and pick it up at 6pm but did not get out of there until 10-:30. We were both hungry and tired and just wanted to go home. After going through every thing with the salesman, then we had to go to the finance man. Arrrrrrrrrgggggggg. To make it short we signed without reading everything and are actually going to refinance it because there were a couple of things he did not point out to us that equaled over 750 dollars. What I want to ask though is about the service contract. Am I stuck with it once I sign, or can I drop it and buy one for a fair price somewhere else. When they said the car price was no haggle, I thought that meant everything. I did not know you could get the service contract somewhere else cheaper. I read on one site that you could cancel the contract but don't know for sure. Anyone have any advice besides being ready when I went in???????????

    Ron
     
    #1 vandenberg, Aug 25, 2009
  2. emnesto

    emnesto New Member

    Joined:
    Jul 29, 2009
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    Location:
    Arkansas
    Vehicle:
    2010 Prius
    Model:
    II
    Are you talking about the extended warranty contract (like 7 yrs, 100000 miles, zero deduct) or the pre-paid maintenance agreement (like 2 years). The extended warranty can be cancelled for a full refund within 30 days. Just tell the dealer you don't want it, and he should take care of the paperwork.
     
    #2 emnesto, Aug 25, 2009
  3. capek

    capek New Member

    Joined:
    Aug 19, 2009
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    Location:
    Houston, Tx
    Vehicle:
    2010 Prius
    Model:
    II
    Look at the fine print on the back on the service contracts you signed. You'll see that you have 30 days from the time you sign to cancel and get a full refund against the premium. Just go into your dealership and say you want to cancel, and it shouldn't be too big a hassle. I did the exact same thing as you; went back and talked to the same lady who sold me a whole bunch of stuff, and all it took was me signing one piece of paper, and the service contracts were canceled.
     
    #3 capek, Aug 25, 2009
  4. capek

    capek New Member

    Joined:
    Aug 19, 2009
    78
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    Location:
    Houston, Tx
    Vehicle:
    2010 Prius
    Model:
    II
    The way you put it makes it sound like only one can be canceled. They both can though, within 30 days, just to be clear.
     
    #4 capek, Aug 25, 2009
  5. jburns

    jburns Senior Senior Member

    Joined:
    Oct 13, 2005
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    Location:
    Archdale, NC
    Vehicle:
    2010 Prius
    Model:
    III
    Right but don't expect a check. The amount will probably be deducted from the principal of the loan.
     
    #5 jburns, Aug 25, 2009
  6. JimN

    JimN Let the games begin!

    Joined:
    Nov 26, 2006
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    Location:
    South Jersey
    Vehicle:
    2010 Prius
    Model:
    V
    Yes, if the warranty & maintenance contracts were financed the refund goes to the lender. If this is the case ensure your monthly interest is recalculated.
     
    #6 JimN, Aug 26, 2009
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