Closing Without the Extra Costs
Avoid getting upsold when buying new 2008 cars. So many people get ripped off after they have already closed
the
deal. The dealer gets you on the extras and the warranties at that
point.
The extras are things like rust proofing, scotch guarding etc.
It
seems pretty straight forward but you would be surprised at how
many
people get taken on these.
The trickiest closing cost is the extended warranty. The language used is so confusing. This is not the warranty that
the
factory gives you for the car. It is a warranty that covers the
cost of fixing the car should it
break down on you.
Extended warranties often do cover any repairs that you require
during your coverage period, but there is often some information
that
you are not told about. For example, the extended warranty is
usually effective only up to
a certain amount of mileage or term period, whichever happens
first.
They might also only cover certain types of problems. If your
extended warranty doesn’t cover every part of your car, why
bother?
Some extended warranties don’t cover the larger problems, but
just
the smaller ones. If your engine conks out, you may be left in
the
lurch. Make sure your warranty covers all major parts. You can
easily afford to replace a hose. What happens if your
transmission goes out? This is where you want the coverage.
Many extended warranties don’t cover everyday wear and tear
policies, only breakdown problems. If you do insist on getting
an
extended warranty, get one that covers both instances.
You will also want to get a warranty that is effective
immediately. And be sure the warranty is with a well
established finance company and not one that goes belly up in a
year.
Don’t purchase an extended warranty directly from the dealer.
Instead look online
for a warranty Being online gives you all the time to asses
your
warranty properly without any pressure.
Watch out for deductibles because you don’t want to get stuck
paying for deductibles that you thought were covered by the
warranty.
More Extra Costs
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