| Sometimes we feel that we spend some extra cost | | | | You will only really want to get a warranty on a |
| after the deal is closed. Find more tips on how to | | | | more dependable car like a Lexus, Honda, or Toyota |
| manage ourselves in this trickiest scam. It is | | | | because extended warranties rarely cover the costs |
| important that we have an extended warranty of | | | | incurred in cars that are present at the time of |
| the car that we bought; this is to minimize the extra | | | | purchase. |
| cost after we buy the car. But what is the best way | | | | You will also want to get a warranty that is effective |
| to get the extended warranty? Here are some tips | | | | immediately. You will also want to get a warranty |
| that can be useful for you. Before buying a car, | | | | with a well established finance company and not one |
| consider yourself for the extra costs after deal. Here | | | | that go belly up in a year. |
| are some most common extra cost that you might | | | | Don't purchase an extended warranty directly from |
| want to know. | | | | the dealer. Instead look at sites on for an online |
| It is very important that we should know things | | | | warranty because being online gives you all the time |
| before we walk into the dealer to buy a new car. | | | | to asses your warranty properly. |
| Get some guides and be benefited from your deal. | | | | Watch out for deductibles because you don't want |
| So many people get ripped off after they have | | | | to get stuck paying for deductibles that you thought |
| already closed the deal. They get you on the extras | | | | were covered by the warranty. |
| and the warranties at that point. The extras are | | | | Now let's look at some of the extras that dealers |
| things like rust proofing, scotch guarding etc. It | | | | get you on at closing. This can be very irritating how |
| seems pretty straight forward but you would be | | | | they try to weasel even more money out of you in |
| surprised at how many people get taken on these. | | | | the end on stuff that you really don't need at all. Of |
| The trickiest closing cost scam is the extended | | | | course, when you hear it, they will all sound dire. It's |
| warranty because the language used is so confusing. | | | | bad enough that they will throw them up at you but |
| This is not the warranty that the factory gives you | | | | look at this table to show how much they are really |
| for the car. It is a warranty that covers the cost of | | | | ripping you off by. |
| fixing the car should it break down on you. To get | | | | Most Common Extras at Closing Description Your |
| around this, you have to know the dealer's language. | | | | price Dealers costs Rust proofing $800 $40 Extended |
| Extended warranties often do cover any repairs that | | | | warranty $1200 $300 Scotch guard $300 $5 Car |
| you require during your coverage period, but there is | | | | alarm $400 $100 Paint sealant $300 $10 Credit |
| often some information that you are not told about. | | | | insurance costs $200 $30 Detailing and pin striping |
| For example, the extended warranty is usually | | | | $299 $30 Total of extras $3499 $515 Extra monthly |
| effective only up to a certain amount of mileage or | | | | payment total$97 $0 As you can see, these extras |
| term period; whichever happens first. They might | | | | will get you in the end. If you can, you should avoid |
| also only cover certain types of problems. If your | | | | them all together. They are worth far more to the |
| extended warranty doesn't cover every part of your | | | | dealer than they are to you. |
| car, why bother? | | | | It is very important for us as the buyer, that we |
| Some extended warranties don't cover the larger | | | | want all are clean in the contract, and we dont want |
| problems, but just the smaller ones. If your engine | | | | to pay extra cost after the contract is closed. |
| conks out, you may be left in the lurch. | | | | It is better to get the extended warranty not |
| You shouldn't even consider buying an extended | | | | directly from the dealer, and get your warranty from |
| warranty if you are only leasing the car for a small | | | | a well established finance company. |
| time period like 36 months. Perhaps it is better only | | | | There are some extras that the dealer offer to you, |
| for longer periods of leasing like 60 months. | | | | but the above tips give us the ideas that we can |
| Many extended warranties don't cover everyday | | | | avoid these extras. After getting the tips and ideas |
| wear and tear policies, only breakdown problems. If | | | | on how to buy the car in a safest way, we are |
| you do insist on getting an extended warranty, get | | | | prepared to handle many scams that are offered by |
| one that covers both instances. | | | | the dealer, and you will get the best deal. |