DODGE RAM FORUM - Ram Forums & Owners Club! - Ram Truck Forum - View Single Post - Hosed on extended warranty
View Single Post
  #9  
Old 01-14-2013, 03:14 AM
GTyankee's Avatar
GTyankee GTyankee is offline
Dodge Ram Forum Senior Member

 
Join Date: Dec 2009
Location: San Diego East County, Ca
Posts: 27,035
Gender: Male
Vehicle: 2016 Ram Ecodiesel 2 whl drive
Trim Level: quad cab SLT
Color: sunburst orange pearl
Rep Power: 26
Rep:2929
GTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond reputeGTyankee has a reputation beyond repute
Default

The thing that the warranty people forget to tell the customer, & it leaves the customer wondering, as i did

They don't just sell you the extended warranty & you have to pay for the Full amount.
When you start the process,
First you CANCEL the old warranty, it still has value, so they Pro Rate it
(much like what is done with a bad tire)
The Extended Warranty cost is say for instance, $6,000
They they subtract the Pro Rated amount from the $6,000

I had 34,000 miles on my Ram when i went for the Extended Warranty, the Pro Rated amount that went toward the new Warranty, brought the new Warranty down to $1100 w/$100 deductible
I was given the choice of monthly payment plan or single payment
__________________
2016 Ram 3.0 diesel 3.55 w/LSD, G2 tonneau, Line-X, Weathertech mats, Mag-Hytec differential cover, Nfab bars, CB radio, Autonet wi-fi router, EGR bug deflector
Reply With Quote