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How does that work?
Gold Plus Warranty-Where to buy?
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The warranty is a Subaru product and the dealerships are under license to Subaru. Subaru has various remedies for how they can deal with dealerships that are not abiding by terms expressed or sufficiently implied in their licensing agreement.
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Dealerships are no longer allowed to sell outside of their region, so, with that in mind, suggestions should be for dealers in your region.
Just another way to keep dealers profitable. I like Subaru's, but their finance departments are generally stocked with sharks just as much as any other auto manufacturer. My son recently bought a used Subaru from a Subaru dealer, and the finance guy offered him a $3,000 warranty on a $8,600 Forester (how generous).
Toyota was one of the first manufactures to clamp down on "out of region" warranty sales. Now Subaru has followed that path. That only leaves Honda as a player for a competitively price extended warranty.
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Nope, wasn't about that, the horrible situation your son faced aside. For one thing, warranties are governed locally, by state. While California is one of the strictest (hence the reason virtually no dealer was willing to sell to someone in CA), dealers weren't even bothering to check if they were allowed to sell in other states.
People should shop around in their region.
Competitive supply and demand and informed consumers will rule the day.
I agree with your statement for the most part, except that dealers will take your money in any way they can - high price on new car, low price on trade in, excessive alternatives and add-ons in the finance office. Most dealers will only negotiate so far on a Subaru warranty and it won't come close to the prices we have been getting previously BEFORE Subaru changed the rules.
How many consumers are really that well informed to walk out when the real pressure starts in the finance office - not many. They've already got their heart set on that new car and they will acquiesce to the demands of the finance officer to make that deal happen.
The problem remains, since Subaru changed the policy on extended warranties, the consumer has less leverage than ever before. Subaru dealers are nothing special among the breed - they need too make money and they will find various ways to do that, oftentimes at the expense of the consumer.
There are very few informed consumers in reality. Otherwise, why would the finance person keep pushing so hard when you have already said, "no" three or four times? They know from experience most consumers will ultimately cave in.
Why can't you buy an extended warranty outside of your region? Because finance managers and dealerships were losing a good portion of their profit center!
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People need to report such bad experiences. I'm appalled every time I hear such a story.
Here's my Finance Guy - who the heck ever heard of a Finance person earning 5/5 stars? But, it should be the norm:
Check out Tom Portee's reviews on DealerRater
1055 Reviews of Tom Portee. Employee rating: 5.0 out of 5.
www.dealerrater.com
I think all Subaru dealership Finance People should be held to the same "Subaru Love" standard.
My 16 year old son has already been taught how to buy a vehicle and negotiate the price. I suspect I will assist a bit until he has some more practice but he understands the fundamentals. Robert is correct. I do not mind a finance person presenting me with options (unless I already specifically stated I am not interested). But after they present and I say no, if they continue, they will certainly see my back and some phone calls will be made. When such a dealership has enough of those experiences they will soon learn the error of their ways. Both the owner and SOA will be contacted about how they lost the sale and service side of my business. They will also learn how my friends, family and business associates will hear about how they do business. It is truly an expensive lesson for them.
New member here about to close on a limited this Saturday. Can you explain real quick how the process works asking a different dealer to buy a warranty? Or if there is room to negotiate the warranty price. The dealer I am using has their warranty prices listed directly on their website in a chart. Is there any wiggle room?
of course there is and you can ask for a price from any dealer in your area. Juat because you purchase a vehicle through one deaeler you do not need to buy everything there or even get it serviced there (including warranty work with or without the extended plan).
Copy that. I just wouldn't be able to get it financed in with original loan if I went elsewhere. Thanks for the tip.
The savings you can achieve through competitive bid will likely more than make up for finance savings.
I turned down the $3k warranty "offer" from the finance guy telling me the same you won't be able to finance the warranty if purchased separately.
I'm super skeptical and have only bought an extended warranty for a refrigerator one time and it turned out to be a waste of money. You guessed it, the first problem happened 2 months after the 5 year warranty expired.
As far as the Ascent is concerned, I figure that I have 3 years to decide if it is so unreliable that I need to get a warranty, However, if it so unreliable that I need a warranty, I might be more likely to sell or trade it than buy the warranty.
?? I think I'm too old to speak in icons.
Being raked over the coals.
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