Dealership Attempts to ‘Force’ Extended Warranty Purchase to Secure New Corvette

After agreeing to sell a C8 at MSRP, this dealership allegedly demanded that this CorvetteForum member buy an extended warranty.

Times are undoubtedly tough in the automotive world, as automakers are having trouble producing enough vehicles to meet demand amid a number of supply chain shortages. That has only made things worse for those trying to purchase a desirable vehicle like the C8 Corvette, as it’s not only hard to find one in the first place, but also to find one that hasn’t been marked up in some ridiculous manner. Then there are the “extras” dealers try to tack on to maximize their own profits, as Corvette Forum member boblitzf recently found out the hard way.

“My dealer is trying to force me into buying an extended warranty now that delivery of the car is imminent. My deal is for MSRP but I was never required to place a deposit and don’t have anything in writing. So now they are saying they want me to buy it to prove I am not going to flip the car ( I am not). Has anyone had to deal with that? I don’t want to lose the car, but I sure as hell don’t want to buy an expensive extended warranty either. Any advice would be greatly appreciated.”

This is obviously a hard lesson to learn, but in all fairness, most of us would like to believe that we can trust our local dealership. Unfortunately, the OP’s dealer is clearly trying to make a few extra bucks at his expense, but luckily, a number of other Corvette Forum members chime in with some great advice on how to handle this situation.

“If they hold it over your head buy it then cancel a month later and get the refund,” said sanddigger. “Silent but deadly versus raising a stink until the car is registered in your name, play their game right back at them.” “You can get a 7-year 50k mile version, something I always do and like,” added KingTut. “But you should get some of the great guys who sell them on here to give you their best quote and ask the dealer to match that quote to show their good faith in not trying to just hustle you.”

Then again, some believe in using the nuclear option instead. “I would be tempted to take a principled stand against the dealer, but it would be dumb in a seller’s market like this one because you can lose the car,” said Bird67. “So I agree with the above – negotiate your best price on an extended warranty, and the second the car is titled in your name, cash in the extended warranty. Yes, you have to go through the dealer to do so, but who cares? You’ll be dealing with the accounting people at that point anyway, and the cashing-in process is really easy (I’ve done it). You may lose $100-$200 in the process but in this market, it’s worth it.”

So far, we’ve seen some pretty excellent advice in this thread, but we’re curious to hear what you think the OP should do. So be sure and head over here and chime in with your own advice on this hot topic!

Photos: Chevrolet

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