1. Attachments are working again! Check out this thread for more details and to report any other bugs.

HELP! Re: Warranty rip-off

Discussion in 'Sponsored Commercial Sales' started by karynfab, Apr 24, 2005.

  1. karynfab

    karynfab New Member

    Joined:
    Apr 24, 2005
    10
    1
    0
    Tomorrow I am going to finalize the deal of a new prius and I put a portion down on my credit card. I signed the paperwork but there still holding the car pending receipt of check for the remainder.


    They are charging me $2100 for 7yr./75000 extended warranty. Obviously from reading this, its too much.

    Question: Can I get out of it, even though I signed that agreement. What are my options? What is a good price for 7yr/75000 warranty or
    7yr./100,000.

    Can I still get it through this forum? Thanks!!

    -Karyn
     
  2. bnlfanmatt

    bnlfanmatt Member

    Joined:
    Jul 7, 2004
    253
    2
    0
    Location:
    Southwest suburbs of Chicago
  3. IsrAmeriPrius

    IsrAmeriPrius Progressive Member

    Joined:
    May 27, 2004
    4,333
    7
    0
    Location:
    Southern California
    Vehicle:
    2005 Prius
    <div class='quotetop'>QUOTE(karynfab\";p=\"83963)</div>
    Sounds as if the deal is not yet final.

    <div class='quotetop'>QUOTE(karynfab\";p=\"83963)</div>
    Are you sure you can afford the car? Financing it on a credit card is quite expensive and not very wise.

    <div class='quotetop'>QUOTE(karynfab\";p=\"83963)</div>
    You got this one right.

    <div class='quotetop'>QUOTE(karynfab\";p=\"83963)</div>
    What is the source of the check? If it is not produced, the deal falls through. If I were you, I'd let them know that you know you are being ripped off by being charged way in excess of the MSRP for the extended warranty ($1,300 - New Vehicle Protection Plan Comparison - Click here) and threaten to report them to the BBB and the consumer protection unit of your local jurisdiction if they give you a hard time about canceling the extended protection contract. Troy sells that warranty for about $800-900 through this site (he charges $985 for the 7/100 zero deductible plan).

    <div class='quotetop'>QUOTE(karynfab\";p=\"83963)</div>
    Most definitely so.