Used dealer warranty worth $1450 (3 years or 36k)
06-29-2012, 08:14 PM
Thread Starter
Join Date: Jun 2012
Posts: 9
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.
06-29-2012, 08:17 PM
5th Gear Member
Join Date: Aug 2010
Location: North Carolina
Posts: 3,874
I think warranties are always worth it. Depends on your plans for the vehicle.
06-29-2012, 08:24 PM
2nd Gear Member
Join Date: May 2007
Location: TX
Posts: 174
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.
06-29-2012, 08:34 PM
5th Gear Member
Join Date: Jul 2006
Location: GA
Posts: 3,015
06-29-2012, 09:51 PM
1st Gear Member
Join Date: Feb 2011
Location: colorado
Posts: 123
Quote:
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.
06-29-2012, 10:01 PM
4th Gear Member
Join Date: Nov 2011
Location: WA
Posts: 1,514
06-29-2012, 10:24 PM
5th Gear Member
Join Date: Jul 2006
Location: GA
Posts: 3,015
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.
06-29-2012, 10:57 PM
5th Gear Member
Join Date: Jul 2006
Location: New Orleans
Posts: 4,491
Quote:
Originally Posted by
Steven S
Purchased the $1400 warranty that they offer.
I hope you blew your rape whistle.
06-29-2012, 11:04 PM
5th Gear Member
Join Date: Jul 2006
Location: GA
Posts: 3,015
lololol rape whistle, now that's funny.
07-01-2012, 09:09 AM
Thread Starter
Join Date: Jun 2012
Posts: 9
There's a cancellation fee of $140.00.
I guess I'll go ahead and cancel it then.