Any 3rd party warranty is garbage. If it's not the OEM extended warranty, it's not worth your trouble.
If you get any accessories added to the car (remote start, etc) make sure it's OEM. Yes, sometimes you can install remote starts yourself, but more often than not it will require a trip to the dealer to do final programming. Other items you can decide on your own.
Certain things are super easy, other things, like accessory body panels that require drilling / etc you might want to let them handle as any damage to car can be addressed prior to purchase. Any non-OEM stuff can be handled via 3rd party at a significant cost reduction. The only advantage to do it through the dealer is the ability to add it to the loan
I don't believe in gap insurance. I understand what it is and what it does, but in my mind if you're not putting enough down on the car to cover the gap, you shouldn't be buying the car.
I agree on looking around at outside financing. I don't think it's necessarily necessary as long as you know what rates you can get. When I've bought my last two Tacomas, my wife's Mazda and Jeep, I knew what rates were available. At the time AAA had the rates to beat. Each time I either beat or met those rates and made it known if I wasn't getting those rates, I was going outside.
In one example (the Mazda) the guy changed the term on me at the last minute and I was grumpy about it. The rate was so low the net change in interest cost was under $20, but it was the principle of things I didn't care for, so I refinanced it soon after purchase and ended up overpaying enough to drop the term a year and keep the payment the same.
I'm a big fan now overall of shopping based on OTD price. I don't care how they handle the accounting of things, but I figure out what I want to pay for the vehicle, what the taxes and dealer fees should be and go from there. Payment is a function of total cost, rate and term, so I don't even bother answering the "what do you want the payment to be?" question.
You'll get em next time!
If you get any accessories added to the car (remote start, etc) make sure it's OEM. Yes, sometimes you can install remote starts yourself, but more often than not it will require a trip to the dealer to do final programming. Other items you can decide on your own.
Certain things are super easy, other things, like accessory body panels that require drilling / etc you might want to let them handle as any damage to car can be addressed prior to purchase. Any non-OEM stuff can be handled via 3rd party at a significant cost reduction. The only advantage to do it through the dealer is the ability to add it to the loan
I don't believe in gap insurance. I understand what it is and what it does, but in my mind if you're not putting enough down on the car to cover the gap, you shouldn't be buying the car.
I agree on looking around at outside financing. I don't think it's necessarily necessary as long as you know what rates you can get. When I've bought my last two Tacomas, my wife's Mazda and Jeep, I knew what rates were available. At the time AAA had the rates to beat. Each time I either beat or met those rates and made it known if I wasn't getting those rates, I was going outside.
In one example (the Mazda) the guy changed the term on me at the last minute and I was grumpy about it. The rate was so low the net change in interest cost was under $20, but it was the principle of things I didn't care for, so I refinanced it soon after purchase and ended up overpaying enough to drop the term a year and keep the payment the same.
I'm a big fan now overall of shopping based on OTD price. I don't care how they handle the accounting of things, but I figure out what I want to pay for the vehicle, what the taxes and dealer fees should be and go from there. Payment is a function of total cost, rate and term, so I don't even bother answering the "what do you want the payment to be?" question.
You'll get em next time!
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