extended warranty programs

[Pars]

Originally Posted by tekmoe

when i was paying for my yaris shortly before i got to drive it off the lot, i went thru the most highest pressure sales pitch i have ever experienced. this finance guy would not get off my balls with regards to selling me the extended warranty. first he started at $1295 and said that was half off the retail price. i said NO. then he dropped it to $900 and says that is his cost. i said NO. then he dropped it to $625 and said, "ok man you win. this is as low as i can go." i said NO. then i had to listen to him talk for 15 minutes about how i should buy the warranty and how i am going to regret it and blah blah blah. i said something about how i will not drive it much since i own a motorcycle and then he starts pressuring me into doing a lease instead. i did not want to get ugly but i ended up having to tell him, "look guy, i want to pay for my car and leave. i've been here for over and hour. i don't want the warranty, i don't want to lease, i just want to pay for the car and leave. OK??????" he finally got the point, did the deal, and i was a happy camper.

I had to take on the Financing Manger, Sales manager and sales-guy that were gunning for me, before I could escape from the extended warranty. Luckily, I didn't have to take them all on at the same time. My excuse, which was the truth, is that I would have blown through the extended warranty in 15 month, so they didn't have a warranty package that suited me. Truth be told, If I didn't have an excuse, I'd probably would have dropped at least $600 for the extended warranty, not because I felt that I needed it, but just to get them off my back. These guys are tenacious and I'm big push over.

From experience, I've personally had 3 new cars (Nova, Corsica and Civic) and put about 300,000km on each of them before retiring them and never needed to use the extended warranty. Also, I suspect, if you're a push over (like me), you'll probably end up losing out on any warranty work, unless you're willing to fight for it, when the time comes.