Autos04 Sep 2009 06:30 pm
Used Car Extended Warranty Contracts
Most people buy their used car extended warranties through a car dealership while they are in the finance manager’s office signing for their auto loan. While it is a good idea to get an extended warranty for a used vehicle, you may be surprised at how much more you pay when you buy though a dealer rather than direct. This is one thing that if you buy direct, will certainly save you hundreds if not thousands of dollars.
Dealerships mark up the price of these finance department products tremendously, and it’s not uncommon for their to be a 500% markup. Certainly, it’s easy to see the benefits of going around the “retailer” and buying from the “wholesaler”.