How long are the terms and what are the mile restrictions? Who should you call to make a claim, and when are they available? Is there a coverage cap for very expensive repairs? How much does the plan cost, and what kind of payment plans are offered?
For vehicles with an extended warranty or some sort of service contract, it is essential to review the documentation to understand the coverage and how long the coverage lasts. Extended warranties often have specific terms and conditions that differ from the original manufacturer’s warranty; it is...
watch out fordealer add-ons. These are features that are designed to convince buyers to spend more than intended, such as extended warranties and tire protection. Not only will these extra items increase your out-of-pocket cost, you’ll also pay interest on them if you choose to finance th...
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How much is the markup on an extended car warranty? It depends on the time of year and whether the dealership has incentives going. However, there are times when the dealership can make half of the amount in profit. For example, a $2,000 car warranty through a dealership could bring in...
Contact at least 4 dealers and ask to speak to the finance manager. Find out how much they charge and the terms of the extended warranty. CARCHEX- they have been providing warranties for over 10 years at large discounts. Now that you have price quotes for your extended warranty, try to ...
MORE:How much should you spend on a car? Summary Unless you’re looking at 0% or another really low APR(annual percentage rate), the best way to buy a car is with cash. If you have to get a car loan(whether that’s apersonalloanordealerfinancing), it literally pays to be as prag...
While you can still use this guide for used cars, know that the savings won’t be as much as there is a smaller profit margin on a used vehicle. #1. Do Your Research Visit car websites to find ones you like. If you live near a large metropolitan area, see if there is an annual...
Buyers should ask how warranties will be honored and where any needed repairs will be made. How Much Can You Talk a Dealer Down on a Used Car? This is the central question that you should be considering when you’re planning tobuy a used car, and there's no one-size-fits-all answer...
There are many different warranty subtypes, but the most common are extended warranties and special warranty deeds. Extended warrantiesare available on products of substantial value, such as cars, electronics, and appliances. Although sold by the retailer, the manufacturer is responsible for executing ...