Hi folks:
I'm buying a 2007 Camry XLE which although it has only 80 miles on it, is a Certified Pre-Owned car. (It got dinged a bit in a hail storm and the company is selling it as CPO.) Anyway, it comes with an extended warranty for the power train for 7 yrs/ 100000 miles and the remainder of the regular
3yr / 36000 mile factory warranty (2 yrs 9 months remain).The deal is done and I take possession tomorrow night.
The dealership offered me the "Platinum Certified" warranty extension which extend virtually everything on the 3/36 plan to the full 7/100 period. Sounds good and the warranty looks very good - no deductibles and the only things not covered are the things you'd expect to wear out - tires, belts, wipers, brake pads, etc.
Anyway, they quoted me a price of $1250. which I must assume is negotiable. If they'd said something like $500, I'd have jumped at it but not at this price.
Anybody have any idea what this warranty can be negotiated to?
Thanks in advance.
- Dave