I traded my 2022 Bronco in with only 8.000 miles on it. Thought I’d never see that extended warranty money again. But I followed your advice to the letter and received a check today from Ford for $3,336.18. Thank you!!!!!!
I had the finance guy tell me 6 year 100k warranty was in with the purchase of the car for free , luckily I went through paperwork before signing and of course he lied about it and told him to take the 3,500 off warranty off the car purchase, so yes read through everything before signing on the dotted line, protect yourself ,they will do anything to get extra $$ out of you!!
Happened to me but I sign for $928 road hazard I didn’t notice it he lied! But I cancel the next day I hope the dealership didn’t lie about that… he sent a email showing “proof” so I hope if he did lie I’m able to sue I got lawyer money ready
I went to (campus Ford) and they sold me a $2600 warranty for my car and I wish I never even signed because it’s gonna take 40 to 60 days to get that process even started he said. And that capital one who I financed with would have to reimburse me the check once they sent it to them off of the principal, they try to make things so confusing and backwards. He also gave me the cold shoulder and was really rude. Makes me want to think about reporting them to the Better Business Bureau if they don’t give me a full refund they are so shady.
You are a car salesman's dream - easy pickings. BTW.... have you ever thought about calling Ford Corporate Customer Service, speak to Customer Service, and request that they assist you? Doesn't your local/state government have an Office of Consumer Protection?
I had gap insurance on my wife’s Expedition because we put zero down on it. With these insane used car prices it was no longer needed so I cancelled it through the dealer. It took several weeks to get the money taken off the loan but it wasn’t too hard. We ended up selling the Expedition a few weeks later for almost what we paid for it. We got a $9,000 equity check after only 1.5 years and switched to a lease that comes with GAP insurance. April and May of this year were some of the best months ever to swap cars for new ones with a lease. Worked out great for us with the Expedition and also a Kia Stinger.
I was going to add, you also need to make sure any gap insurance is cancelled if you refinance a vehicle or sell it. We had gap on a vehicle that was through the dealership, not the finance company, and when we refinanced it with my credit union a year later, I had to write the dealer to cancel it. Once they confirmed the payoff they sent me a check for the balance a few weeks later.
$7200? UNBELIEVABLE. I bought an extended factory warranty for my car almost THREE YEARS after I took delivery. A bumper-to-bumper 10 yr/100k miles/$0 deductible warranty - $2350. That's it. Shopped around, bought it from a car dealer that had the best price.
THANK YOU this is just what I needed. Going through this atm and I'm going to follow your advice. Hope it's an easy process. Idk why so many dealers are resorting to scamming their costumers, where's the logic in that? Nissan lost a loyal costumer. I've been leasing with them for over 9 years, but the fact that they made me go through the dealership to buyout my lease made this last experience an absolute nightmare.
5 - 11 Fake Car Fees you should not pay at a Car Dealership 0:51 - Car Dealers dislike informed Customers 1:24 - Two Rules to know about Dealer Finance 1:53 - The only legitimate fees you must pay at a car dealership 2:37 - The Finance Office is the Number 1 Profit Producer in the dealer. 3:25 - Don't Pay Dealer Prep Fees 4:26 - Don't Pay Dealer Advertising Fees 5:06 - Don't Pay Additional Dealer Mark-up 5:37 - Don't Pay Delivery or Destination Fees 6:12 - Don't Pay for Nitrogen Filled Tires at a Car Dealership 6:51 - Don't Buy Credit Life Insurance from a Car Dealership 7:12 - Don't Pay for a Vehicle Enhancement Fee in Dealer Finance 7:37 - The most commonly abused charges in Dealer Finance 7:49 - Don't pay for Window Etch Theft Protection at a Car Dealer 8:46 - Don't pay for Dealer Document Fees 10:10 - Don't pay for E-Filing Fees, Electronic Filing Fee, or Processing Fee 11:16 - Don't buy overpriced GAP insurance from a Car Dealer Show less
Thank you for all of the great advice Kimberly. It was good talking to you the other day. I talked with F&I to get the dent and ding warranty taken off the vehicle. I’ll check back to make sure it’s done. Thank you so much.
I just noticed they snuck a “service contract” in the truck I just traded in. I feel so stupid for not noticing it, but also remember the guy say they were throwing it in… yeah, for $3,500 🤬 I’m going to try this and see if I can get some money back. I’ll make sure to donate if it works and put the rest into my new car. Never again will I let them sneak things in! Thank you, YAA!!! ❤️
oh my gosh @Maria Vargas ! I sure hope we are able to help and thank you for sharing that! Please know, there are plenty of folks out there in that very same situation! TY!
@@dantedressage Thank you so much, Kim! Sent the request over this morning. The Finance Manager we worked with replied by the afternoon. He sent me an additional cancellation form from the insurance company and said he would turn it in for us. Now to wait and see :) Again, thank you!!! Hoping!
@@dantedressage Hi! So I hadn’t gotten a check yet so I called the dealership and asked for accounting. Sure enough, even though the F&I Manager assured me it was in process, the accounting person confirmed it was not! I can’t believe the F&I guy flat out lied. The very nice woman said I should have a check within two weeks 😅 Hoping 🙏🏽 Thank you again!!
wow, this was like the parental advice i didn't receive and definitely needed when purchasing my first car. i appreciate you so much, bless you for your clarity and wisdom
Another situation I am currently in, is when the vehicle is totaled in a hit & run, and the ACV was paid off, gap finally paid but only 1/2 and you realize the warranty is still on and wasn't canceled right after the accident when the dealership was notified. So I am up here at my dealership to get it canceled for sure. Hopefully it's not a headache.
Talk about being upside down big time in 2 years. At some point there will be a glut of new vehicles. In addition with higher fuel prices no one will want trucks.
@@jerrylundegaard2592 There are some dealers selling at or slightly below MSRP if you are willing to wait. One oil spike and some of these large SUV and Pickup owners will be in financial trouble. I’d say at least half of the owners do not have the net worth and income to own these vehicles. I don’t feel sorry for them in the least as they are faced with high gas prices.
@@user-tb7rn1il3q Yes, I have received quotes from BMW and Audi dealers for less than MSRP. But waiting is still, more likely than not, a wise decision.
No offense to anyone here, but after reading through so many horror stories here, I wonder if anyone actually reads anything anymore. Long, long ago in another part of my life, I used to sell used & new cars, and I just SMH at what I'm reading here. Almost makes me want to go back to selling cars again, but I'm not a dishonest person. Folks - if you don't know what you're doing or overwhelmed when making a major purchase, have crummy credit (GAP), or just don't understand, period, seek help and guidance from someone who is knowledgable and experienced. The next best thing? Videos like this are helpful - take notes, and ask questions! Oh, and BTW - you folks that are paying GAP and have a high interest rate loan... don't be surprised if you have a GPS device plugged in up under your dash. Makes it much easy to track & retrieve your car when you miss a few payments, and they repo your car. Really.
In my case Extended Warranty papers shows steps to cancel it sending an email directly to Warranty company before 30 days of buy my new Toyota, I will do that...
Bought a new Van, finance office kind of tricked me for a $1600 Maintenance plan, basically oil, filter changes, which I've been doing by myself whole my life. My question: Can I go back and cancel it after few days? Can I do that , what to expect? Thank you.
I want to thank you for your awesome advice on buying cars in the post-pandemic economy. If I could offer car buying advice for anyone else it’s this… and I’ll say it in all caps: DO NOT BUY AN EXTENDED WARRANTY…. EVER! You’ll never use it. Whatever car you buy won’t ever have problems until long after the warranty expires. Really. My last 3 cars were used ai bought them… and all 3 times this was the case. Just buy the car and nothing else. They’re a waste of money.
I used my extended warranty on my prior car a few times but that was within the past 2 years but luckily it was 84 months for 2k. Just got a Ford and it’s only good for 35 months for 3k… ha yeah no. Definitely paying it off within 3 years and then tossing it. It was a bad deal and it’s known to have transmission issues but I wanna get rid of that before I get caught up on it
I have one question. If I’m planning on refinancing my car with a new lender, do I need to cancel the extended warranty together with other extra services that were added to my loan before financing with a new lender or it doesn’t matter and I can still do it after I’m done with the refinancing process ? . Please, if someone can answer me this question as soon as possible I will really appreciate it.
They gave us Gap that I didn't want and mechanical service plan which I didn't want in my Toyota Tried to call the financial office ...nobody picks up( Reliable Toyota) So I started reading all the papers and They said to call the insurance place directly ( MPP) So they emailed me both of the cancelation formed and MPP person said that it will go tonthe lienholder of Toyota ........ I will send them also extra letter with all the copies that I have send It is hard to get in contact with the finance person who helped us I have had a cray crazy experience and I believe I got a bit wiser😁
Does this only apply to extended warranties, or can you also cancel other products, such as the dent and ding warranty? I paid $2,500 for the 3/yr 36K mile warranty and an additional $500 for the dent and ding. Can I just cancel the dent and ding?
Wanted to add my experience in mid 2020 that piggy backs on the idea of canceling an extended warranty with a loan. We flat canceled an extended warranty immediately after getting a quote for the same warranty from another dealer that was significantly less. The extended warranty was tied to a lease and the refund was held as a security deposit with funds not to be released until the obligation was fulfilled with the lease and with no recalculation of the monthly lease payment amount. Wasn't happy that I would essentially be paying "interest" on money that is being held hostage for years. In the end we felt out best coarse of action was to immediately buy out the lease which given today's market worked in our favor. Anyways one more thing to watch out for if you're looking at possibly doing an extended warranty with a lease.
Why would you by a Extended Warranty with a lease? Sound like you got talked into something you didn’t need. The factory warranty should have covered the car while it was leased since most leases are for 3 years ???
@@Tundra-pw2cu Good question Tundra 1050 and you are absolutely correct for most lease customers. (You are also correct we got talked into something we decided we didn't want/need as we didn't end up purchasing the extended warranty from the other dealer) We were not your typical lease customer as we had no intention on turning the car back in at the end of the lease term. Signing up for the lease was just a way to get the insane $8000 manufacturer to dealer incentive that would not have been on the table for negotiations if we had just paid cash for the car. We planned all along to pay off the lease after 3 months to help the dealer not lose the incentive.
Dunno, but I know Subaru will transfer the remainder of an extended warranty from the original buyer to another party - good selling point. Whether you used the extended warranty or not is irrelevant. As far as "cancelling" one of their extending warranties, I don't know.
Get an extended from the manufacturer, not some third party through the dealership. I canceled mine a week after purchase. Nearly five weeks later and I found out it's still active and they never filed the paperwork. Dealership is an hour away. Considering just contacting a lawyer.
@@genarorodriguez7156 the finance guy kept ducking my calls. I emailed the general manager that I had already canceled a week after I got the car and sent him a picture of the form I signed when I went in person. Also contacted the warranty company. The manager said he would look into it and I bugged him every day until he said they had everything canceled but GAP (I opted to keep this) and the caltex underbody crap they sold me, since they said it was non refundable even though nothing was applied to the car. I called the warranty company again a week later and it was in fact canceled and refunded. Then the manager blocked my emails lol. As for caltex, I'm not having the crap put on and around my car. I'll take the 750 hit as a stupid tax.
Let ask you this , I canceled my extended warranty with in the 30 days, date is on there finance guy never turned it in , with the papers in hand and a Conversation recording can I sue the dealership for Fraud? They lied
you can't record conversations without the other party knowing they are being recorded. your evidence won't hold up in court of law. but u can sure drag their reputation through dirt all over the internet.
I unfortunately was FORCED to buy the 100,000 warranty. I paid the car off early and was told I was owed $1,300. I never got the check and the pukes cashed my check! So now I'm waiting for the next check. Unbelievable. I bet this fight isn't over.
I bought new vehicle and paid for an extended warranty. I realized the next day that my auto insurance has mechanical breakdown coverage for only a few dollars extra a month which is way cheaper than the extended warranty purchased at the dealership. I want to cancel my warranty with the dealership. It's within the 30 days for full refund. How difficult is this going to be? I do not have time to be going back and forth and to the dealership and accounting department to make sure this gets completed. Is this the only way?
Insurance warranty is limited and does not cover you the way a dealership warranty would also they use small companies who usually go out of business during ownership and you’ll be out the money you spent
What if I got road hazard product and as soon as I got out the dealership with the car the tire goes completely bad and needs a new one so I use that warranty and get new tire but then I find out the dealership did something sleazy and I want to cancel it and get my own from somewhere else. Can I still cancel even though I used the warranty for a new tire? And if so, does is change anything when I do go to cancel? Thank you!!
I have a question. Once I cancel the dealer extended warranty, can I opt for the YAA extended warranty? I bought a used certified used car recently and it still has two months on it bumper to bumper warranty.
So if I buy a used newer car and then an extended warranty thru YAA, when and where should I get an inspection at? If there are defects found what happens next? Does the seller pay or my extended warranty? Or do I find the car, borrow the car and take it over to garage for a 3rd party inspection?
@Crooked Dealer you could call Lemonsquad or visit their website. They go to where you want for inspection. Always a good idea to get a PPI done on a used vehicle before you buy anyway. If issues are found, they get noted on the inspection. You could try & negotiate to have them fixed before you buy. Pre existing conditions are not covered on VSC's.
I paid $3K for an extended warranty and I'm glad I did because they covered a $5K repair, but that pretty much took care of me getting any money back for my warranty that I cancelled only 8 months later, so I guess if they pay out more than you paid for the warranty, you are not eligible for a partial refund.
I messed up bad and bought a extended warranty out of the dealer. I BOUGHT IT LAST WEEK BECAUSE I KEPT GETTING MAIL SAYING MY EXTENDED WARRANTY WAS ABOUT TO EXPIRE. I bought it over the phone because I'm retarded. HELP ME PLEASE!!!
I don't know why you would want to cancel an extended warranty as most are extra cost whether through the dealer or a third party plan but then again I wouldn't pay for extended warranty anyways if you think you will need a warranty I'd look at another brand
This video is unbearable. This video thinks the majority of people buy new cars because their current car doesn't have enough safety features. More 'safety features' just reduces your fuel mileage. 1:13
I traded my 2022 Bronco in with only 8.000 miles on it. Thought I’d never see that extended warranty money again. But I followed your advice to the letter and received a check today from Ford for $3,336.18. Thank you!!!!!!
I had the finance guy tell me 6 year 100k warranty was in with the purchase of the car for free , luckily I went through paperwork before signing and of course he lied about it and told him to take the 3,500 off warranty off the car purchase, so yes read through everything before signing on the dotted line, protect yourself ,they will do anything to get extra $$ out of you!!
You should publish the name of the dealer. Any dealer who allows its F&I managers to play such games should be revealed to the public.
Happened to me but I sign for $928 road hazard I didn’t notice it he lied! But I cancel the next day I hope the dealership didn’t lie about that… he sent a email showing “proof” so I hope if he did lie I’m able to sue I got lawyer money ready
Mine was 4500 extended warranty that I was never told about smh
I went to (campus Ford) and they sold me a $2600 warranty for my car and I wish I never even signed because it’s gonna take 40 to 60 days to get that process even started he said. And that capital one who I financed with would have to reimburse me the check once they sent it to them off of the principal, they try to make things so confusing and backwards. He also gave me the cold shoulder and was really rude. Makes me want to think about reporting them to the Better Business Bureau if they don’t give me a full refund they are so shady.
You are a car salesman's dream - easy pickings. BTW.... have you ever thought about calling Ford Corporate Customer Service, speak to Customer Service, and request that they assist you? Doesn't your local/state government have an Office of Consumer Protection?
I had gap insurance on my wife’s Expedition because we put zero down on it. With these insane used car prices it was no longer needed so I cancelled it through the dealer. It took several weeks to get the money taken off the loan but it wasn’t too hard.
We ended up selling the Expedition a few weeks later for almost what we paid for it. We got a $9,000 equity check after only 1.5 years and switched to a lease that comes with GAP insurance. April and May of this year were some of the best months ever to swap cars for new ones with a lease. Worked out great for us with the Expedition and also a Kia Stinger.
I was going to add, you also need to make sure any gap insurance is cancelled if you refinance a vehicle or sell it. We had gap on a vehicle that was through the dealership, not the finance company, and when we refinanced it with my credit union a year later, I had to write the dealer to cancel it. Once they confirmed the payoff they sent me a check for the balance a few weeks later.
Thank you so much for this awesome info just got my car last week and I was convinced to pay $7200 and I am going to cancel
$7200? UNBELIEVABLE. I bought an extended factory warranty for my car almost THREE YEARS after I took delivery. A bumper-to-bumper 10 yr/100k miles/$0 deductible warranty - $2350. That's it. Shopped around, bought it from a car dealer that had the best price.
THANK YOU this is just what I needed. Going through this atm and I'm going to follow your advice. Hope it's an easy process. Idk why so many dealers are resorting to scamming their costumers, where's the logic in that? Nissan lost a loyal costumer. I've been leasing with them for over 9 years, but the fact that they made me go through the dealership to buyout my lease made this last experience an absolute nightmare.
How did it go ? Same situation sadly
5 - 11 Fake Car Fees you should not pay at a Car Dealership
0:51 - Car Dealers dislike informed Customers
1:24 - Two Rules to know about Dealer Finance
1:53 - The only legitimate fees you must pay at a car dealership
2:37 - The Finance Office is the Number 1 Profit Producer in the dealer.
3:25 - Don't Pay Dealer Prep Fees
4:26 - Don't Pay Dealer Advertising Fees
5:06 - Don't Pay Additional Dealer Mark-up
5:37 - Don't Pay Delivery or Destination Fees
6:12 - Don't Pay for Nitrogen Filled Tires at a Car Dealership
6:51 - Don't Buy Credit Life Insurance from a Car Dealership
7:12 - Don't Pay for a Vehicle Enhancement Fee in Dealer Finance
7:37 - The most commonly abused charges in Dealer Finance
7:49 - Don't pay for Window Etch Theft Protection at a Car Dealer
8:46 - Don't pay for Dealer Document Fees
10:10 - Don't pay for E-Filing Fees, Electronic Filing Fee, or Processing Fee
11:16 - Don't buy overpriced GAP insurance from a Car Dealer
Show less
Thank you for all of the great advice Kimberly. It was good talking to you the other day. I talked with F&I to get the dent and ding warranty taken off the vehicle. I’ll check back to make sure it’s done. Thank you so much.
Hi @ericka ! So glad to see you here and thanks so much!
I just noticed they snuck a “service contract” in the truck I just traded in. I feel so stupid for not noticing it, but also remember the guy say they were throwing it in… yeah, for $3,500 🤬 I’m going to try this and see if I can get some money back. I’ll make sure to donate if it works and put the rest into my new car. Never again will I let them sneak things in! Thank you, YAA!!! ❤️
oh my gosh @Maria Vargas ! I sure hope we are able to help and thank you for sharing that! Please know, there are plenty of folks out there in that very same situation! TY!
@@dantedressage Thank you so much, Kim! Sent the request over this morning. The Finance Manager we worked with replied by the afternoon. He sent me an additional cancellation form from the insurance company and said he would turn it in for us. Now to wait and see :) Again, thank you!!! Hoping!
@@dantedressage Hi! So I hadn’t gotten a check yet so I called the dealership and asked for accounting. Sure enough, even though the F&I Manager assured me it was in process, the accounting person confirmed it was not! I can’t believe the F&I guy flat out lied. The very nice woman said I should have a check within two weeks 😅 Hoping 🙏🏽 Thank you again!!
@@roadrider_2771 Oh my gosh I'm so glad to have been able to help Maria!! Thank YOU for watching and being here!!
wow, this was like the parental advice i didn't receive and definitely needed when purchasing my first car. i appreciate you so much, bless you for your clarity and wisdom
Another situation I am currently in, is when the vehicle is totaled in a hit & run, and the ACV was paid off, gap finally paid but only 1/2 and you realize the warranty is still on and wasn't canceled right after the accident when the dealership was notified. So I am up here at my dealership to get it canceled for sure. Hopefully it's not a headache.
Hi, did you get it cancelled at the dealership? I'm currently facing the same challenge with a totalled car.
Just saw online a 2020 f150 advertised for 7,000 dollars over the original sticker price!!! Incredible
Talk about being upside down big time in 2 years. At some point there will be a glut of new vehicles. In addition with higher fuel prices no one will want trucks.
Our local GM dealer is adding $10,000 to the MSRP of some Yukons.
Can't blame the dealer if people are sufficiently dumb to pay $10,000 over MSRP.
@@jerrylundegaard2592 There are some dealers selling at or slightly below MSRP if you are willing to wait. One oil spike and some of these large SUV and Pickup owners will be in financial trouble. I’d say at least half of the owners do not have the net worth and income to own these vehicles. I don’t feel sorry for them in the least as they are faced with high gas prices.
@@user-tb7rn1il3q Yes, I have received quotes from BMW and Audi dealers for less than MSRP. But waiting is still, more likely than not, a wise decision.
Your point?
No offense to anyone here, but after reading through so many horror stories here, I wonder if anyone actually reads anything anymore. Long, long ago in another part of my life, I used to sell used & new cars, and I just SMH at what I'm reading here. Almost makes me want to go back to selling cars again, but I'm not a dishonest person. Folks - if you don't know what you're doing or overwhelmed when making a major purchase, have crummy credit (GAP), or just don't understand, period, seek help and guidance from someone who is knowledgable and experienced. The next best thing? Videos like this are helpful - take notes, and ask questions! Oh, and BTW - you folks that are paying GAP and have a high interest rate loan... don't be surprised if you have a GPS device plugged in up under your dash. Makes it much easy to track & retrieve your car when you miss a few payments, and they repo your car. Really.
In my case Extended Warranty papers shows steps to cancel it sending an email directly to Warranty company before 30 days of buy my new Toyota, I will do that...
This was so helpful! Thank you so much! I was scenario #1
What if you refi after the $3,300 has been removed? Would your monthly payments come down?
I don’t think so in the video she says it doesn’t and I’ve seen ppl say it doesn’t. I myself am not sure though
Bought a new Van, finance office kind of tricked me for a $1600 Maintenance plan, basically oil, filter changes, which I've been doing by myself whole my life. My question: Can I go back and cancel it after few days? Can I do that , what to expect? Thank you.
I want to thank you for your awesome advice on buying cars in the post-pandemic economy. If I could offer car buying advice for anyone else it’s this… and I’ll say it in all caps:
DO NOT BUY AN EXTENDED WARRANTY…. EVER!
You’ll never use it. Whatever car you buy won’t ever have problems until long after the warranty expires. Really. My last 3 cars were used ai bought them… and all 3 times this was the case. Just buy the car and nothing else. They’re a waste of money.
I used my extended warranty on my prior car a few times but that was within the past 2 years but luckily it was 84 months for 2k. Just got a Ford and it’s only good for 35 months for 3k… ha yeah no. Definitely paying it off within 3 years and then tossing it. It was a bad deal and it’s known to have transmission issues but I wanna get rid of that before I get caught up on it
Thank you this was very helpful because I have to deal with this
I have one question. If I’m planning on refinancing my car with a new lender, do I need to cancel the extended warranty together with other extra services that were added to my loan before financing with a new lender or it doesn’t matter and I can still do it after I’m done with the refinancing process ?
.
Please, if someone can answer me this question as soon as possible I will really appreciate it.
Don’t even think about buying Car Shield!!!
This is the first sensible comment I've read in this message thread - kudos!
They gave us Gap that I didn't want and mechanical service plan which I didn't want in my Toyota
Tried to call the financial office ...nobody picks up( Reliable Toyota)
So I started reading all the papers and They said to call the insurance place directly ( MPP)
So they emailed me both of the cancelation formed and MPP person said that it will go tonthe lienholder of Toyota ........
I will send them also extra letter with all the copies that I have send
It is hard to get in contact with the finance person who helped us
I have had a cray crazy experience and I believe I got a bit wiser😁
Thx for the informative content.
Thank YOU for being here!
*the amount of phone calls I keep getting from a company called scams likey telling me that mine is going to be expiring soon soon anyway* so im good
WHAT????
Does this only apply to extended warranties, or can you also cancel other products, such as the dent and ding warranty? I paid $2,500 for the 3/yr 36K mile warranty and an additional $500 for the dent and ding. Can I just cancel the dent and ding?
Would like to know this as well
Wanted to add my experience in mid 2020 that piggy backs on the idea of canceling an extended warranty with a loan. We flat canceled an extended warranty immediately after getting a quote for the same warranty from another dealer that was significantly less. The extended warranty was tied to a lease and the refund was held as a security deposit with funds not to be released until the obligation was fulfilled with the lease and with no recalculation of the monthly lease payment amount. Wasn't happy that I would essentially be paying "interest" on money that is being held hostage for years. In the end we felt out best coarse of action was to immediately buy out the lease which given today's market worked in our favor. Anyways one more thing to watch out for if you're looking at possibly doing an extended warranty with a lease.
Thanks so much for sharing that @Scott P !!
Why would you by a Extended Warranty with a lease?
Sound like you got talked into something you didn’t need.
The factory warranty should have covered the car while it was leased since most leases are for 3 years ???
@@Tundra-pw2cu Good question Tundra 1050 and you are absolutely correct for most lease customers. (You are also correct we got talked into something we decided we didn't want/need as we didn't end up purchasing the extended warranty from the other dealer) We were not your typical lease customer as we had no intention on turning the car back in at the end of the lease term. Signing up for the lease was just a way to get the insane $8000 manufacturer to dealer incentive that would not have been on the table for negotiations if we had just paid cash for the car. We planned all along to pay off the lease after 3 months to help the dealer not lose the incentive.
Nice upscale video Kimberly
Thank you so much @Mike Q ! I hope it helps people
If you sell or trade in your vehicle, can you cancel an extended warranty after you’ve already used it?
Dunno, but I know Subaru will transfer the remainder of an extended warranty from the original buyer to another party - good selling point. Whether you used the extended warranty or not is irrelevant. As far as "cancelling" one of their extending warranties, I don't know.
Get an extended from the manufacturer, not some third party through the dealership. I canceled mine a week after purchase. Nearly five weeks later and I found out it's still active and they never filed the paperwork. Dealership is an hour away. Considering just contacting a lawyer.
What did you do I’m on the same
Page ?
@@genarorodriguez7156 the finance guy kept ducking my calls. I emailed the general manager that I had already canceled a week after I got the car and sent him a picture of the form I signed when I went in person. Also contacted the warranty company. The manager said he would look into it and I bugged him every day until he said they had everything canceled but GAP (I opted to keep this) and the caltex underbody crap they sold me, since they said it was non refundable even though nothing was applied to the car. I called the warranty company again a week later and it was in fact canceled and refunded. Then the manager blocked my emails lol. As for caltex, I'm not having the crap put on and around my car. I'll take the 750 hit as a stupid tax.
Let ask you this , I canceled my extended warranty with in the 30 days, date is on there finance guy never turned it in , with the papers in hand and a Conversation recording can I sue the dealership for Fraud? They lied
Report it to the FTC. They’re interested in these shady dealership tactics.
you can't record conversations without the other party knowing they are being recorded. your evidence won't hold up in court of law. but u can sure drag their reputation through dirt all over the internet.
I unfortunately was FORCED to buy the 100,000 warranty. I paid the car off early and was told I was owed $1,300. I never got the check and the pukes cashed my check! So now I'm waiting for the next check. Unbelievable. I bet this fight isn't over.
"Forced"? NO ONE is "forced" to buy a warranty. There's more to the story than you're saying.
Thank you
Auto ASMR, huh?👍I had to recheck what I clicked on. So relaxing.😄👌
I like u
hahahah @JenJen Cool idea!!
I bought new vehicle and paid for an extended warranty. I realized the next day that my auto insurance has mechanical breakdown coverage for only a few dollars extra a month which is way cheaper than the extended warranty purchased at the dealership. I want to cancel my warranty with the dealership. It's within the 30 days for full refund. How difficult is this going to be? I do not have time to be going back and forth and to the dealership and accounting department to make sure this gets completed. Is this the only way?
Insurance warranty is limited and does not cover you the way a dealership warranty would also they use small companies who usually go out of business during ownership and you’ll be out the money you spent
What if I got road hazard product and as soon as I got out the dealership with the car the tire goes completely bad and needs a new one so I use that warranty and get new tire but then I find out the dealership did something sleazy and I want to cancel it and get my own from somewhere else. Can I still cancel even though I used the warranty for a new tire? And if so, does is change anything when I do go to cancel? Thank you!!
I always get the extended warranty when I buy a new truck.
New truck,you have warranty anyway til 36k miles. Extended warranty is fake bro
@@shadmeyer7791 No, it may not be. If the warranty extends to say, 10 years/100k miles, that is NOT a "fake" warranty.
I cancelled my warranty five months ago and they haven’t return my money, anything that I can do to pressure them to return my money?
Call the General Manager Pat. And of course, the accounting dept. - like every day. Five months is extreme!
@@dantedressage Lawyer up!
Thanks
I have a pretty dumb question... but are extended warranties added to your monthly payments? I made a huge mistake I think.
SOMEONE has to pay for it, and if you're paying monthly payments on your vehicle.... surprise!
What can I do if the dealer still haven’t cancel my warranty after 2 month after I told them I want to cancel it?
for me it's been 4 mths waiting. sadd
@@natheebhandhumani7026 Have you folks ever heard of your local consumer protection agencies (local/state government)?
I have a question. Once I cancel the dealer extended warranty, can I opt for the YAA extended warranty? I bought a used certified used car recently and it still has two months on it bumper to bumper warranty.
WOW 1st class very kool great info.,, AAAAAAAAAAA++++++++++++ again great video I liked it a lot ,keep up the great work.
The payment will stay the same? ... own this much less on your loan? Than the numbers of payments will decrease?!?
So if I buy a used newer car and then an extended warranty thru YAA, when and where should I get an inspection at? If there are defects found what happens next? Does the seller pay or my extended warranty? Or do I find the car, borrow the car and take it over to garage for a 3rd party inspection?
@Crooked Dealer you could call Lemonsquad or visit their website. They go to where you want for inspection. Always a good idea to get a PPI done on a used vehicle before you buy anyway. If issues are found, they get noted on the inspection. You could try & negotiate to have them fixed before you buy. Pre existing conditions are not covered on VSC's.
Im owed $3200 from the dealership its been almost 3 months is there a free legal consumer service in oklahoma please and thank you
now dealer says they are free then slaps their wording of like chevrolet package on sale form
The finance manager lowered my interest rate because I bought the extended warranty. If I cancel the warranty, will they change my interest rate?
No that’s locked in from the bank my dude.. it’s a tactic they use to get you to buy the extended warranty.
@@BillaDaKillaYeah i got fucked like that
There are some really creepy stock video shoots in this video.
I paid $3K for an extended warranty and I'm glad I did because they covered a $5K repair, but that pretty much took care of me getting any money back for my warranty that I cancelled only 8 months later, so I guess if they pay out more than you paid for the warranty, you are not eligible for a partial refund.
No. Where did you get that idea?
I messed up bad and bought a extended warranty out of the dealer. I BOUGHT IT LAST WEEK BECAUSE I KEPT GETTING MAIL SAYING MY EXTENDED WARRANTY WAS ABOUT TO EXPIRE. I bought it over the phone because I'm retarded. HELP ME PLEASE!!!
Lol scammed
@Alex I canceled it a few months ago so. So swallow that sweetie.
I bought an 5 year extended from Lowes for a refrigerator. They would not fix or replace it. Lowes is a scam.
What does this have to do with auto warranties?
I don't know why you would want to cancel an extended warranty as most are extra cost whether through the dealer or a third party plan but then again I wouldn't pay for extended warranty anyways if you think you will need a warranty I'd look at another brand
This video is unbearable. This video thinks the majority of people buy new cars because their current car doesn't have enough safety features. More 'safety features' just reduces your fuel mileage. 1:13