Ok, I think I was basically "talked into" buying an extended auto warranty. It's 7 yrs/100,000 Platinum Coverage with a $0 deductible. It's supposed to cover the engine, transmission, electrical, a/c, lots of stuff. It cost $1,560 and was added into the amount I financed.
I was thinking about canceling but the dealer probably would not be very helpful.
So, now that I have this warranty, do you think it's worth it anyway?
One bright spot is that in the event that I NEVER have to use this warranty, I get my $1500 back. Of course, that's after I pay interest on it! Still, it's something.
What do you all think? Did I make a bad deal?
By: Sunny
I was thinking about canceling but the dealer probably would not be very helpful.
So, now that I have this warranty, do you think it's worth it anyway?
One bright spot is that in the event that I NEVER have to use this warranty, I get my $1500 back. Of course, that's after I pay interest on it! Still, it's something.
What do you all think? Did I make a bad deal?
By: Sunny
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