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Used dealer warranty worth $1450 (3 years or 36k)

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Old 06-29-2012, 08:14 PM
  #1  
Steven S
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Default Used dealer warranty worth $1450 (3 years or 36k)

Bought an 07 V8 Mustang.

39K miles.

Purchased the $1400 warranty that they offer.

I have a heavy foot but don't plan on using the car in the winter (Northeast)

The warranty can be canceled - Just wondering if its worth it?

After reading a lot of the warranty stories here, seems like I should just cancel it.
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Old 06-29-2012, 08:17 PM
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bakerjd
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I think warranties are always worth it. Depends on your plans for the vehicle.
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Old 06-29-2012, 08:24 PM
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Tygr1
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Be very careful of third party warranties. They tend to be fraudulent and you won't know until you need it.

Ask me how I know.
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Old 06-29-2012, 08:34 PM
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99gtstang
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What company?
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Old 06-29-2012, 09:51 PM
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Blue_steel
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Originally Posted by Tygr1
Be very careful of third party warranties. They tend to be fraudulent and you won't know until you need it.

Ask me how I know.
This.
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Old 06-29-2012, 10:01 PM
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Entaille
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I would get it refunded.
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Old 06-29-2012, 10:24 PM
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99gtstang
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FYI

warranty $1450

Dealer commission $300-400
Lender commission if used $300-400

If no lender dealer netted a good $500-600 bucks

Franchise dealers make all the wood on "ancillary" products.
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Old 06-29-2012, 10:57 PM
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Diabolical!
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Originally Posted by Steven S
Purchased the $1400 warranty that they offer.
I hope you blew your rape whistle.
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Old 06-29-2012, 11:04 PM
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99gtstang
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lololol rape whistle, now that's funny.
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Old 07-01-2012, 09:09 AM
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Steven S
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There's a cancellation fee of $140.00.

I guess I'll go ahead and cancel it then.
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