Did I get a good deal, how they make you buy a warranty

[keano016]

$25,240 for a 2005 SR5 Sequioa with 27,000 miles. Has leather, heated seats, jbl sound, sun roof. 1 owner, clear carfax.

I agreed over the phone on 25,000. Then they say we need to add transportation and administrative fees that are $350 each. So we negotiated that to get back to $25.2k

And then, I told them I can get 4.99 from my credit union, they said they can match that, but also offered me 3.99 if I buy a platinum warranty, for $1380. The warranty has 4 more years, or 73,000 miles. The sales he did on me on that warranty started off with $2800 then 18 then 16 then $13,8k

With the better financing rate I got, it turned out that I paid about $600 for the warranty.

Was it worth it? Can I cancel the warranty and get my money back? Was it overall a good deal?

[BaBalouie1958]

If you feel you got a good deal thats all thats all that counts, Enjoy your truck its a fine ride I love my 06 Seqouia more now than when I first bought it.

[Cliffy1]

Originally Posted by keano016

$25,240 for a 2005 SR5 Sequioa with 27,000 miles. Has leather, heated seats, jbl sound, sun roof. 1 owner, clear carfax.

I agreed over the phone on 25,000. Then they say we need to add transportation and administrative fees that are $350 each. So we negotiated that to get back to $25.2k

And then, I told them I can get 4.99 from my credit union, they said they can match that, but also offered me 3.99 if I buy a platinum warranty, for $1380. The warranty has 4 more years, or 73,000 miles. The sales he did on me on that warranty started off with $2800 then 18 then 16 then $13,8k

With the better financing rate I got, it turned out that I paid about $600 for the warranty.

Was it worth it? Can I cancel the warranty and get my money back? Was it overall a good deal?

I woulnd't cancel the warranty. You got a good deal on it. Yes, they made money, but not a crazy amount. All it takes is for one thing to go out and it will have paid for itself. With 2 air conditioning systems and all the electronics, I think its worth having.

[chinamann]

I just bought an extended warranty for my Tundra and for 100k 7 years I paid $980. You got a good deal all the way around!