Could I get your opinion on this service contract deals? - Hyundai Forums : Hyundai Forum
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post #1 of 93 (permalink) Old 05-29-2017, 09:22 PM Thread Starter
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Could I get your opinion on this service contract deals?

So I purchased the 2017 Hyundai Sonota Sport w/ Value Pack today and were offered and purchased the following plans in the finance office. The finance guy said the prices are Costco's and new grad's pricing.

1. USWM Service Contract: $995 bumper to bumper. Original was $2995 according to him

2. USWC Road Hazard: $319. Any short of damage to Tires/Wheels will be covered

3. Maintenance: $895 for 5years/60K miles

4. Key Replacement: $255 for 4 years unlimited key replacements

I can get refunded for the first three items listed.

May I know what you guys think whether or not what I was offered were fair priced? Thank you!
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post #2 of 93 (permalink) Old 05-29-2017, 09:47 PM
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All of that extra is bull. The cars come from factory with 10year/100,000mile bumper to bumper warranty. That's all you need. Anything extra is you literally putting money in their pocket and increasing your loan amount which is EXTRA bad since these cars depreciate quickly. I'd say if you already purchased any of those go back and get a refund. My opinion.

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post #3 of 93 (permalink) Old 05-29-2017, 10:01 PM Thread Starter
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Originally Posted by ClutchMaster0x9 View Post
All of that extra is bull. The cars come from factory with 10year/100,000mile bumper to bumper warranty. That's all you need. Anything extra is you literally putting money in their pocket and increasing your loan amount which is EXTRA bad since these cars depreciate quickly. I'd say if you already purchased any of those go back and get a refund. My opinion.

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Thank you for your perspective. I'm quite on the fence about what to do and whether or not I really need these service contracts.
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post #4 of 93 (permalink) Old 05-29-2017, 10:14 PM
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Originally Posted by ClutchMaster0x9 View Post
All of that extra is bull. The cars come from factory with 10year/100,000mile bumper to bumper warranty. That's all you need. Anything extra is you literally putting money in their pocket and increasing your loan amount which is EXTRA bad since these cars depreciate quickly. I'd say if you already purchased any of those go back and get a refund. My opinion.

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i dont think that's correct. i believe it is 10/100000 POWERTRAIN warranty, most of the rest is 5/60k. some is as low as 1/12k. and most of those aftersale warranties are overlapping factory warranties. i would pass on all of them.
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post #5 of 93 (permalink) Old 05-29-2017, 10:19 PM
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i dont think that's correct. i believe it is 10/100000 POWERTRAIN warranty, most of the rest is 5/60k. some is as low as 1/12k. and most of those aftersale warranties are overlapping factory warranties. i would pass on all of them.
You're correct it's powertrain but still all the extra contracts in the finance office is literally retarded. Anything extra you purchase rolls over onto the loan increasing it which the whole point is to get the best deal at the lowest possible cost. If you really want extra contracts I say pay cash upfront. Then again I don't know the specifics on what deal was worked up.

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post #6 of 93 (permalink) Old 05-29-2017, 10:33 PM
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I would question the Minatenance one. What does it cover. Your car doesn't have a timing belt, so that's a big expense I would be interested in, depending what else is covered.

On my Accent, Timing belt, harmonic balancer and belts came up to $756, or darn close to the cost of the contract. Add $150 for trans fluid change/oil change and coolant change and I'm even; anything after that is free.

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post #7 of 93 (permalink) Old 05-29-2017, 10:33 PM
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Never mind. I jst saw the 5 years/60K. That let's the timing belt out, unless you do it in year 3-4 at 59,000 miles.

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post #8 of 93 (permalink) Old 05-29-2017, 10:44 PM
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Never mind. I jst saw the 5 years/60K. That let's the timing belt out, unless you do it in year 3-4 at 59,000 miles.
Finance guy told me maintenance covers all the maintenance I have to do for the car. So like the "big ones" at 15k, 30k, 45k.

I personally have never done for it our family cars and just follow the maintenance manual that comes with the car. The only reason why I would do the "big ones" is if I keep the maintenance plan.

And I was also told I have to buy Service Contract at $995 and Maintenance at $895 together. Can't pick and choose between the two.

This drives up the cost by about 2K, which is why I'm a bit hesitant to keep it.
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post #9 of 93 (permalink) Old 05-29-2017, 10:45 PM
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Never mind. I jst saw the 5 years/60K. That let's the timing belt out, unless you do it in year 3-4 at 59,000 miles.
Finance guy told me maintenance covers all the maintenance I have to do for the car. So like the "big ones" at 15k, 30k, 45k.

I personally have never done for it our family cars and just follow the maintenance manual that comes with the car. The only reason why I would do the "big ones" is if I keep the maintenance plan.

And I was also told I have to buy Service Contract at $995 and Maintenance at $895 together. Can't pick and choose between the two.

This drives up the cost by about 2K, which is why I'm a bit hesitant to keep it. What do you think?
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post #10 of 93 (permalink) Old 05-30-2017, 03:44 AM
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What is the difference between #1 and # 3?

IMO, none of the contracts are worth the price.
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