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In certain States these products are sold as Insurance and regulated by your State, Arizona not being one of them. Just another reason to avoid AutoNation, started by H Wayne Huizenga who founded Blockbuster and Waste Management Industries. What exactly was that $5000 for, not even in the ballpark as a fair price. The Gap coverage is something you should cancel as well. I got taken by my sales manager friend for $300. I would visit a few GM Dealerships and get their best price on a GM sponsored plan, should be between $1000 to $2000 with a $0 deductible. Since this charge is probably part of your financed contract the $5000 will go towards the balance of the loan, there is no way they will rewrite the contract once submitted and or refund your money. The bad tire doesn't count as a claim on this additional coverage you bought that runs concurrently with the factory coverage. In essence the protection you purchased starts when the factory coverage ends
 

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You wasted 5 grand, your car comes with a new car warranty, the dealer is a crook, as are most .
Nobody needs your biased advice. The car is fully covered for 36000 miles and then you're probably SOL. I've used EVERY Repair policy I have ever purchased with no regrets. I have read Autonation tries to make it very difficult to obtain refunds on their added protection policies because they bundle them with other maintenance services. The "Warranty" for Autonation is administered by the Warranty Group out of Chicago. They have been in business for 53 years, use other alias company names and are very very low rated. Don't sign any arbitration although I know my Arizona dealer said I had to and I probably did, I was under the influence of Narcotics at the time. Even the Chevy Ownership manuals mention Chevy uses Binding Arbitration as well, "In the event you have a problem".
Mandatory Binding Arbitration FAQs
 

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What should I do? I called the manager and he said that he would rewrite the contract without the protection package. But then he offered to extend warranty. Right now it's for up to 75,000 miles. He will extend it to 100,000 miles and 10 years. Same price.
Just say no, then drive by the next GM dealer and ask for the lowest price they will sell you the top of the line GMEPP. All Vehicle Service Contracts are NOT the same and as I posted earlier, AutoNation is using a really bad vendor. You have 3 years or 36000 miles to make up your mind. I bet if you signed that arbitration paper they wouldn't have offered to rewrite the sale, somewhat unheard of although Robby did mention that as a possibility!
 
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