I was sold a warranty on the appearance of my new car’s paint and interior that goes beyond my lease term. Is this sufficient grounds for cancellation

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I was sold a warranty on the appearance of my new car’s paint and interior that goes beyond my lease term. Is this sufficient grounds for cancellation

The dealer sold me ResistAll, a one-time application of a protectant to the interior and exterior. After this one-time application, ResistAll will cover the cost of repairs from specific types of damage. The warranty package I paid for extends 7 years, although my lease term is only 3 years. I asked my dealer why I wasn’t sold a package for 3 years when the receipt clearly indicates the option to choose coverage in 1 year increments. I was told they only sell 7 years, that choosing fewer years would still cost the same price, and that it also used to be much more expensive.

Asked on June 1, 2009 under Insurance Law, Massachusetts

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 14 years ago | Contributor

Hmm, is your lease with an option to buy?  If so, that may be one reason.  Second, you signed it, why didn't you say anything then?  Are you trying to get out of your lease agreement for a reason, like better deal on a purchase or you cannot afford the lease anymore?

If you feel you were duped, contact the Massachusetts Divison of Banking and file a complaint regarding the dealer. 


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