Fair Extended Warranty Price?
#1
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Location: Fairfax, VA USA
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Fair Extended Warranty Price?
I am looking to buy an extended warranty plan for my 2 1/4 week old 8 (900 miles)... I drive 18,000 miles a year on average, and plan to keep the car 5 years.
My local dealer (not the one I bought the car from) has offered the following, after a bit of haggling:
5 years, 100,000 miles, $0 deductible "Platinum Package" for $1200. The Platinum Package is supposed to actually cover more items than the 50,000 mile bumper to bumper policy the 8 comes with.
Payment terms are 10% down, 0% interest for 18 months.
This sounds like a fair deal, but before I accept, I thought I would bounce it off the board to see if others feel the same, or if not, then what would be fair in your opinion for the above policy?
I should clarify, I have no problem giving the dealer a couple hundred dollars profit... I just want a fair deal on both sides.
Thanks in advance for your help.
---Dave
My local dealer (not the one I bought the car from) has offered the following, after a bit of haggling:
5 years, 100,000 miles, $0 deductible "Platinum Package" for $1200. The Platinum Package is supposed to actually cover more items than the 50,000 mile bumper to bumper policy the 8 comes with.
Payment terms are 10% down, 0% interest for 18 months.
This sounds like a fair deal, but before I accept, I thought I would bounce it off the board to see if others feel the same, or if not, then what would be fair in your opinion for the above policy?
I should clarify, I have no problem giving the dealer a couple hundred dollars profit... I just want a fair deal on both sides.
Thanks in advance for your help.
---Dave
#2
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Join Date: Nov 2003
Location: NJ
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More than the bumper to bumper? Does that include things outside of the bumpers, like say, my mailbox?
![Smilie](https://www.rx8club.com/images/smilies/smile.gif)
It sounds, OK, nothing earth shattering, but unless I'm remembering figures incorrectly, it sounds decent.
![Smilie](https://www.rx8club.com/images/smilies/smile.gif)
It sounds, OK, nothing earth shattering, but unless I'm remembering figures incorrectly, it sounds decent.
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