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Corvette
C8 Forum
Replacement insurance/Chevrolet extended protection plan/Prepaid maintenance for the Corvette C8
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<blockquote data-quote="wilf" data-source="post: 222843" data-attributes="member: 2083"><p>I used to sell extended maintenance/warranty plans. The commission was as high as 50% on some plans. That still left room for profit for the dealer who was selling a plan from another company who still had room for profit as well. The dealers or GM are not usually providing the warranty it's a third party.</p><p>My insurance company gives me coverage on the initial purchase price for 2 years at no charge! </p><p>With a 3 year bumper to bumper, 5 year powertrain and 2 oil changes with the car, don't let them instill fear, uncertainty and doubt in you.</p><p>They all get huge commissions, and that includes the service writers who get bonuses to write up all sorts of stuff.</p><p>There is a good reason they don't have the salesman sell the extra fear plans.</p></blockquote><p></p>
[QUOTE="wilf, post: 222843, member: 2083"] I used to sell extended maintenance/warranty plans. The commission was as high as 50% on some plans. That still left room for profit for the dealer who was selling a plan from another company who still had room for profit as well. The dealers or GM are not usually providing the warranty it's a third party. My insurance company gives me coverage on the initial purchase price for 2 years at no charge! With a 3 year bumper to bumper, 5 year powertrain and 2 oil changes with the car, don't let them instill fear, uncertainty and doubt in you. They all get huge commissions, and that includes the service writers who get bonuses to write up all sorts of stuff. There is a good reason they don't have the salesman sell the extra fear plans. [/QUOTE]
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Corvette
C8 Forum
Replacement insurance/Chevrolet extended protection plan/Prepaid maintenance for the Corvette C8
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