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My last two purchases were both Fords (2014 and 2017), and they didn't offer any add-ons at all. In fact, I had to ask for one thing I did want that didn't come on each of them.
Wow....um, did you buy those at dealerships? Did you have past experience with them so they didn't try?
Because that's a rare experience these days unless you tell them during purchase you won't buy or can get it through your employer cheaply etc.
The finance dept is the biggest rip off in the dealership. I don’t buy a damn thing from them. Especially if buying a brand new car that is under a full warranty.
The finance dept is the biggest rip off in the dealership. I don’t buy a damn thing from them. Especially if buying a brand new car that is under a full warranty.
Extended Warranty and Key replacement are worth it but non of the other stuff are worth it
Agree, but on a Toyota, the warranty is not as important and nowadays and I think Home Depot can program extra key fobs for like $65 (won't be OEM obviously).
That $300 price I referred to on the key fob was what my dealer quoted me for a replacement key including programming. I got a fob on Ebay for $30 and dealer programmed it for $99.
That is all crap and about 95% profit. You can get a new key fob for less than $350, check eBay.
Get a Hyundai or KIA, they have 5/60 bumper-to-bumper warranty and 10/100 powertrain. No charge.
Toyotas are not Gods, despite what many think.
Quote:
Originally Posted by Hemlock140
My last two purchases were both Fords (2014 and 2017), and they didn't offer any add-ons at all. In fact, I had to ask for one thing I did want that didn't come on each of them.
So your Ford dealer hadn't bought into the "skin them alive while you've got them in the showroom" program? Good for them.
So I've bought 5 new cars in my life - 1998 Dodge, 2010 Hyundai, 2015 Hyundai, 2017 Subaru, and now 2018 Toyota (truck, which replaced my 80s Chevy beater truck whose transmission went out at 260k miles).
On all the new ones I've bought the extended warranty. It definitely paid off on the 1998 Dodge. Over the 12 years I drove that, the warranty paid for about $5k worth of work in the first 7 (short block replacement and 2 window motor replacments, among other smaller things, mechanical malfunctions with the doors/locks). It was a Dodge I guess, damn thing was falling apart within a few years.
On the 2010 Hyundai I did exercise the warranty around year 5, but I think I did not quite break even, maybe $1k worth of work on a $1200 buy.
The 2015 Hyundai and 2017 Subaru are still too young to judge, both less than 30k miles yet & have 5 years left on their warranties.
So I'm 50/50 on warranties paying off on former cars. We'll see what happens with these newer ones. Honestly I kind of like the peace of mind.
I think the Toyota dealership would have come down to $1400 on 7/100k if I'd pushed more. They had hit my target selling price that I had researched & called other dealers about so I was feeling happy. They quickly brought the warranty down to make the final price an even number I liked so I did not give it an extra push for a couple hundred less.
As other said, the warranty is basically pure profit for them, and not selling one gets them nothing while selling it at any price is free profit.
There is a decent chance it pays off. It is a work/off-road truck I'm going to put through its paces.
I got the sense the other stuff was b.s. no one needs. One was some windshield treatment that they demonstrated mud/dirt sliding off. The sales pitch reminded me of the shamwow guy.
Last edited by redguard57; 09-19-2018 at 07:09 PM..
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