Originally Posted by padgett
Maybeso but Florida has nothing to do with it. The state has not regulated prices for years. But this just means we need a Florida dealer to sell online and discounted. Fields maybe ?
Still begs the question: who set the rate for Florida dealers ? Wasn't Florida, it just says a service contract must be transferable. Once.
Originally Posted by Dan JGC
If buying a Jeep in Florida, can't you just pay the full contract price and have them take an additional discount off the vehicle price to be competitive? I know they will squawk and keep telling lies etc. but a dealer might bite to get a sale???
Unlike other states, in FL, car warranties are regulated by state insurance statues, and because of this, like insurance, prices are fixed to counter fraud and abuse. If you sell car warranties in Florida (like selling insurance in Florida) the prices are fixed and there is no price competition (the minimum price is fixed, but they can charge more).
To get around this, smart FL buyers found out they could simply buy car warranties out of state (any state) and save a ton. This 'loophole' got so popular, the dealers (especially FCA dealers with their 'Lifetime' plan) complained to their corporate offices and FCA responded. Out of state dealers were informed (I believe Jan 1) that no MOPAR warranties could be sold to Florida residents unless they also complied to this fixed pricing - no undercutting FL FCA dealers any more.
What they can't do however, is get around the fact that people live at address in more than one state. There is absolutely nothing wrong (for now) with buying a Mopar policy with your other state's address, even though the car is used and registered in FL. The paperwork gets mailed to the out of state address, but the policy follows the VIN so you are covered by FL dealers (they don't know or care when you moved to Florida). By the way, you get the policy emailed to you as well which allows you to print it and keep it in the glove-box.
The only caveat is that if you ever cancel the policy, you are mailed a refund check to that out of state address. Easily solved by transferring your address with MOPAR Warranties after
you buy the policy.
Edit: I believe its even easier to get a refund check mailed to your FL address... you simply tell them your new
address when you request the refund.