Are you Canadian and own car extended Warranty from U.S.

Bruno:

I worked in auto dealerships in the states for a decade, and sold warranties in the business office for most of that time (for every manufacturer you can name, domestic and import).

Warranty prices are verrry negotiable.

Determine what amount is the most you are willing to pay and then counter-offer the dealer.

A warranty that extends the factory coverage (ie bumper-to-bumper), preferably from GM (and not an aftermarket provider in your case) with a low as deductible as possible ($0 deductibles are high; $50 or $100 deductibles will greatly affect the price of the warranty) for five or six years and 100,000 miles ought to be had for $1000 US.

If he won't move on the price, instruct him to lower the deductible and/or increase the length of coverage in order to earn your business. Find out where he has manueverability, and utilize it. If he locks in higher than you like, then say 'later'.

Opting out is your leverage, because if Canada is the same as the US, you can purchase extended service up to the point that you are still underneath the manufacturer's warranty. Is this three years or 36K miles, or its equivalent in kilometers, as it is for GM autos sold here? That's how long you have to make a decision -- years -- and the dealer's representative knows it, which means he ought to be motivated to provide a substantial discount to get you to buy now (in order to make his personal production look good).

Indicating an interest in buying an extended warranty ought to be enough of a buying signal to the financial services manager to get him to sell you one on reasonable terms, just as they sold you the Vibe.

Happy haggling. Let me know if you have more specific questions, and let us all know how it goes.

Bruno - my understanding is that U.S. warranties are only good in the U.S. - that is, you'd have to take your car to the U.S. for service. It is that way for almost all electrical products for sure, as the U.S. standards are not the same as Canadian code.