[Taxman]

The finance guy lied to me and said you can't cancel for 6 months. I looked at paperwork and it says within 60 days. I called him twice to ask to remove it, but he says it's a done deal.

Canceling it has changed from optional to a moral imperative.
You must deny that lying sack of feces his commission on the service contract, if only because he doesn't deserve to get paid extra for repeatedly lying to you.

Did I mention that I haven't bought a car from a franchise dealer in nearly 30 years and wanting to have nothing to do with Finance and Insurance managers is one of the reasons?

If you still want a service contract, I believe the GM sponsored plan can be purchased from any other dealer, or directly from Ally, before the bumper to bumper warranty runs out. It wouldn't hurt to get quotes from the usual suspects:
https://www.bing.com/search?q=general+motors+protection+plan

 

[Taxman]

Don't ever give them something for nothing.

They want you to sign an agreement giving up your rights to sue them in court and only use an arbitration forum of their choice? What will they give you for it? Otherwise, you're not signing.

My first thought: if you traded rebates/price for financing, consider redoing the contract for minimum loan balance and higher interest rate and shopping around elsewhere to see if you can immediately refinance for 1.49-1.99%.

My second thought: if you got 72 months at 0% and want to keep it, don't talk the your F&I guy or his boss, don't sign anything new with the stealership, just follow the instructions for rescinding your extended warranty/service contract in writing and move on with your life.

PS: The Federal Arbitration Act (FAA) has become a nightmare for consumers.
Arbitrators do not have to follow the rule of law or even the contract that authorized them to exist.

I know of a case in which a consumer sued Citi for $300 in small claims court. The arbitration agreement specified that the consumer retained the right to sue in small claims. Citi removed the suit to arbitration. The arbitrator basically said "yup, you have the right to small claims court, but since you're already here, I'll just save everybody's time and money and take the case myself". 3 years and over $10,000 later, the consumer won his $300 arbitration award but didn't win his legal costs, despite the contract clearly stating the consumer's costs would be paid if he won (just like the contract clearly specified that he had the right to small claims court).

 

[Taxman]

And what happens if you don't? Their mistake, not yours.

You need to sign this or I'll be in trouble for not having you sign it when you bought the car!

(and remember, this lying crook deserves all the workplace troubles he can receive)

 

[Taxman]

Live with the car for 30 months/30,000 miles and then decide:
1. How long are you going to keep the car?
2. How likely are you to experience covered repair costs during the remainder of your ownership?

Only if your answers to both questions are high do you buy the GMPP contract from the cheapest dealer you can find locally or on the internet. Little point in buying coverage for a future owner, and little point in buying coverage you don't expect to use.


One possible alternative to buying GMPP:
Let's say the best deal you can find for the plan you want is $1500.
Instead of buying the plan, you stick $1500 in the bank and use it for repairs. When you've spent $1500 or close to it on repairs, not maintenance, sell the car.