Maintenance or Service Warranty? or Both?

[Beyer Subaru]

Originally Posted by zc06_kisstherain

I have very similar question as OP (sorry about jacking up your thread)
I signed up that Subaru's extended warranty as well but i think i don't need it but i already signed paper when i purchased my car. i am still allowed to cancel it? I bought it in January

Yep, you can cancel it at anytime. Just think through it very well before you pull the trigger to cancel it. Make sure that it doesn't make sense in your head.

The only thing that happens is the Finance Mgr will lose what ever commission they might have recieved and they'll have to do some extra paperwork.

Buyers remorse happens all the time and is understandable.

[Simpleviet]

Within 30 or 60 days I know Toyota is 60 days. You can cancel and get back full after the 60 days its pro-rated. However getting the money back is different from each individual's experience. I was doing this through a phone call at Toyota Financial. The money would go straight to paying off the car.

I paid 1460 for 7/75k miles $0 deductible. I believe this warranty is the same coverage as the warranty that comes with the car. I hope I read it right.

I'm in the same boat thinking either to cancel or not cancel. Being the first model car. I plan to keep it over 3 years. It will be my first owned car. I read boxer engines are like frankenstein machines from various different subaru owners. The car already has problems but minor I.E tail light condensation. Chirping and there hasn't been a way to fix it. Some say it's the direct injention experience. The rev on tachometer that goes up and down on some of the vehicles.

The only problem I have so far is the taillight condensation. My odometer is 1400ish. I had the car since Dec 27. I had a rear-end accident by a semi-trunk. Replaced bumper and a lock mechanism of the trunk.

The mods I'm doing to the car is wheels/Tires/BBK. Later down in the line I'll mod just not yet. I'm leaning towards keeping it for the peace of mind. Knowing theres something you can lean on. It may be a loss or it may be a win. It's Las Vegas... I still got a few days to think about it.

[Tt3Sheppard]

I cancelled mine like 3 weeks after buying the car. 3 times I had to call to have them tell me I need to fax over a confirmation which I did. Finally I called again and they are having me mail something to them to cancel. Really make it a process to cancel the damn thing.

[Skurj]

Scion in Canada offers 2 levels for their warranty plan.

A gold plan and a platinum, and the platinum is more money of course.

I bet online you maybe looking at the gold plan while they sold you the platinum. Not sure of the differences between the plans though. Ask your dealer for details and maybe if you have platinum you could drop it to the gold, and get rid of the maintenance services to save some money.

[zc06_kisstherain]

my subaru dealer's service contract shows as "Fidelity Warranty Service Inc" (FWS).
anyone have this like me?

also i read FWS's term and it says 100% back within 30 days.
refund 100% after 30 days but within 60 days, less adminstration fee by FWS and retain fee of $50.
how much admistration fee would be???

[zc06_kisstherain]

I kept thinking about it and decided to just keep it just in case for future. i can just reverse back to OEM parts if i need warranty work. all maintanance i perform, i will record everything with receipt.

[michaelahess]

Buying any kind of warranty from a dealer is plain stupid. Nobody can logically argue against that. Try.

Two things to do if you really think you need this "cheap insurance" as someone mentioned.

Buy the warranty from a Credit Union if you are a member. If you aren't, become a member and get your loan moved over if it's the same or lower interest rate.

If you can't do that, buy the warranty directly from Subaru for the listed price.

I've had extended warranties. Bought a used Town & Country, knew it would need something, it never did, warranty was $480 or so through my CU.

Bought one on my new Celica back in 01 from my CU, after a week figured it was not needed, canceled it, that was my first new car purchase. 75 thousand miles later it was stolen and totaled but never had any issues a warranty would cover. I think that one was around $800.

Didn't buy one on my 06 MegaCab even though it's a Dodge and actually had a $780 repair done to it 2 days after the factory warranty expired. A few calls to Dodge and they covered it. Since then, a few years now, no issues have come up.

Got a '96 Dodge, just passed 150k, no issues.

Didn't get one with the BRZ or the wifes new stang either.

If you do your research, you'll get a real good idea on what cars might need one. Toyo and Subi aren't in that list. Sure there are always exceptions, it's a bit like gambling, but you've got real good odds you won't need one.

Vehicles these days will, as a rule, have failures well before factory warranties wear out. 15-20 years ago this wasn't the case. But I've owned three Chryslers, if those don't need a warranty, nothing Japanese does!

Cancel anything warranty related you got at the dealer, then do one of the two suggestions above. You are obviously young and could use the extra cash on something else.

Oh yeah, NEVER EVER EVER EVER EVER roll taxes, title, add-ons, or anything else into a loan. Ok 0% loans are fine. Unless you like paying double what you think those items will cost.

Did I mention not to buy anything from a dealer except the damn car?

Edit: Don't buy the warranties you see on TV. That's evil kind of bad right there.

[zc06_kisstherain]

Originally Posted by michaelahess

Buying any kind of warranty from a dealer is plain stupid. Nobody can logically argue against that. Try.

Two things to do if you really think you need this "cheap insurance" as someone mentioned.

Buy the warranty from a Credit Union if you are a member. If you aren't, become a member and get your loan moved over if it's the same or lower interest rate.

If you can't do that, buy the warranty directly from Subaru for the listed price.

I've had extended warranties. Bought a used Town & Country, knew it would need something, it never did, warranty was $480 or so through my CU.

Bought one on my new Celica back in 01 from my CU, after a week figured it was not needed, canceled it, that was my first new car purchase. 75 thousand miles later it was stolen and totaled but never had any issues a warranty would cover. I think that one was around $800.

Didn't buy one on my 06 MegaCab even though it's a Dodge and actually had a $780 repair done to it 2 days after the factory warranty expired. A few calls to Dodge and they covered it. Since then, a few years now, no issues have come up.

Got a '96 Dodge, just passed 150k, no issues.

Didn't get one with the BRZ or the wifes new stang either.

If you do your research, you'll get a real good idea on what cars might need one. Toyo and Subi aren't in that list. Sure there are always exceptions, it's a bit like gambling, but you've got real good odds you won't need one.

Vehicles these days will, as a rule, have failures well before factory warranties wear out. 15-20 years ago this wasn't the case. But I've owned three Chryslers, if those don't need a warranty, nothing Japanese does!

Cancel anything warranty related you got at the dealer, then do one of the two suggestions above. You are obviously young and could use the extra cash on something else.

Oh yeah, NEVER EVER EVER EVER EVER roll taxes, title, add-ons, or anything else into a loan. Ok 0% loans are fine. Unless you like paying double what you think those items will cost.

Did I mention not to buy anything from a dealer except the damn car?

Edit: Don't buy the warranties you see on TV. That's evil kind of bad right there.

I decided to keep it and i googled Fidelity Warranty Service and i was like WTF. their review is pretty bad and many people have got ripped off. so i called dealer but financial manager wasn't in today. I will call tomorrow morning and get it cancelled. even though i lose some money on it because i am in within 60 days but after 30 days.

wish me good luck on getting all my $$ back

[michaelahess]

Originally Posted by zc06_kisstherain

I decided to keep it and i googled Fidelity Warranty Service and i was like WTF. their review is pretty bad and many people have got ripped off. so i called dealer but financial manager wasn't in today. I will call tomorrow morning and get it cancelled. even though i lose some money on it because i am in within 60 days but after 30 days.

wish me good luck on getting all my $$ back

You should get the vast majority of it back I'd think, maybe loose a couple hundred bucks. Still worth getting rid of it.

Also, something I forgot to mention, once your car's normal warranty is about to expire, you'll start getting stuff in the mail from the manufacturer (and others unfortunately) with discounted pricing.

My Dodge probably saw over a dozen offers, half from Chrysler a few months before the factory warranty was up. They were all 7 year 100,000 miles ones for only a few hundred more than the CU had offered me, years later no less!

[Goody]

I sprung for the 7yr comprehensive factory warranty from Subaru. The pricing was 1,200-1,400... I don't have my papers available. I chose it for the peace of mind that I could cancel it, transfer it, or sell it depending on what happens with my BRZ. I am a Subaru kind of guy and I plan on driving it for the enjoyment of the machine. If there are all these issues out there with the car then I feel protected --the interrupted trip allowance and 24-hour roadside are handy if something goes wrong.

I feel like there are very good arguments/points being made for both having the extended warranty and not having it. The big factor for having it seems to be making sure you get a good price. The big factor for not having it seems to be having the money to take care of problems yourself. I feel like I will get what I paid for if anything comes up after the basic factory warranty expires. If I saved the money for those two years and something came up then I could PROBABLY afford to deal with it but that would require that interest-gaining bank account that you don't touch. I am not the kind of person who could do that so I went with a protection that I would be able to manage.

In the case that these first model-year cars end up being too much trouble to keep on the road then I will trade-in for a WRX or something and keep my warranty/use it towards the cost of the new car.

I understand that there are a lot of people with a lot of experience with these things that can see many details and angles that I don't. What it comes down to is that no one will sit down and make sure that everyone here has the best possible deal/coverage/protection/savings because we all have to do the work ourselves-- Don't get me wrong, if you want to look at all my numbers and call all the right people so that I save a bunch of money and am protected then give me a PM!

It is great to see so many people looking out for eachother on this issue. I hope that I don't go bankrupt due to buying the warranty and I hope that none of you without it get screwed. "To each their own and the best to all" is what I say.

Cheers,
Nate

[zc06_kisstherain]

I cancelled at dealership on 3/2 and financial manager said it will take about 4 weeks. I still don't see credit on my loan yet. i will give them a call after 3/30 which is exact 4 weeks that i cancelled. I will keep you guys posted.