Warranties

Extended Warranties
These generally fall into the same category as loan insurance policies that the dealer will offer you: an opportunity for the dealer to make more money which you should pass on. All new cars today include at least a three year manufacturer's bumper-to-bumper warranty. If you want the protection of an extended warranty, keep in mind that you should shop around for these too. There are companies like Warranty Direct that offer warranties for much less than you pay at the dealer. Do some homework here. Get an instant quote for a warranty online and then compare.

Miscellaneous Add Ons
In a nutshell, avoid impulse items. If you went shopping with the intention of getting a CD player installed, fine, but avoid simply agreeing to items that 'will only add a few dollars to your payments' such as rustproofing. Also remember that the price for almost any add-on is set by the dealer or salesperson and is negotiable.

The Business Manager may get the message that you won't be taken advantage of if you tell him you just want the payment 'stripped' or with no extras. But remember, just like the car salesperson works on commission, the Business Manager makes very little unless he sells you something, so watch out.

Table of Contents
First Things First
Before You Buy
Your Trade In
Buy or Lease
Shopping
Dealers' Cost
Negotiating the Deal
After You Buy
Warranties
Appendix