"Im not saying you have to buy the warranty".....

You could probably buy the car and the warranty and then the next day cancel/return the warranty. I thought warrantys could be cancelled at any time and are prorated. Not sure how gap would work but if you refinanced I'd imagine that would work similar.

I can't imagine myself ever buying either.
 
Warranty has the highest profit margin of any product/service the dealer offers I believe, and they are 110% negotiable. And those third party warranty’s that they try and sell for thousands? They buy them by the truckload for 3-400 each. When I bought my ranger they wanted like 4K for the Ford big daddy extended warranty. I think I got it for like 1200....
 
The amount of BS they tried to get me to add on when I bought my Harley almost made me walk out.

The worst one was like $3,500 to UV painting the VIN on each part on the bike so that if it was ever stolen and/or parted out I could recover the bike/pieces. Dude got pissed when I laughed at him and said 'are you serious, people fall for that'?! Insurance would replace the bike and what would I need a front fender back 10yrs later.

I suppose the only benefit would be if I wanted to do an insurance scam and get a 'free' bike. Even at that though you'd just need to park it at a buddies house or whatever for free.

I just can't think of one reason how that could be worthwhile, and neither could he other than 'don't you love your bike?' Nope, not that much.
 
Ditchdigger said:
People like her need to be hired out to keep things in check.
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according to the socials, there's a guy who does $2m/year doing this exact thing for car buyers. No idea if it's true. Figured it was just fake internet stuff...
 
rockota said:
according to the socials, there's a guy who does $2m/year doing this exact thing for car buyers. No idea if it's true. Figured it was just fake internet stuff...
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Tomi from delivrd is not fake. I think he's entertaining and shares good info for anyone shopping for a car.

www.youtube.com

Delivrd

I negotiate car deals and often do it daily on my live streams. You definitely don't want to miss the action. Connect with me at: 👉 TikTok: https://www.tiktok.com/@tomislavmikula 👉 Twitter: https://twitter.com/TomislavMikula 👉 Instagram: https://www.instagram.com/delivrdtome/ 👉 Spotify...
www.youtube.com www.youtube.com
Delivrd i
 
I bought 2 brand new wranglers a few years ago. I was ordering something specific. Local dealers were $5,000 more than me ordering from a dealer in Tennessee, flying there, and driving home in a day. Local dealers make buying a car way too difficult.
 
kmkommes said:
I bought 2 brand new wranglers a few years ago. I was ordering something specific. Local dealers were $5,000 more than me ordering from a dealer in Tennessee, flying there, and driving home in a day. Local dealers make buying a car way too difficult.
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In 1992 my brother wanted a new Toyota truck. Nothing super specific but he wanted AC as the only option, the rest was manual. Local dealer said they didn't have it but could get it the next day, he drove 80 miles away and there was the truck they showed him, he bought it there for 5k under what the locals wanted. :homer:

Dave smith in Kellogg Idaho is the business model for online buying. They'll fly you out and pick you up at the airport to drive your new rig home. They sell stupid volume of new rigs there. It's a podunk nowhere town that would basically not exist if it wasn't for the dealership. They've bought up half the town to put cars and trucks on the properties. :laughing:
 
I haven't ever had to walk, but I tell the sales guy straight up "if you try and upsell me anything, you're not getting a sale".
Apparently they take me seriously, although they always slip the "I have to give you the sales speech about our extended warranty" and I just stand up and start for the door. They always turn it right around and pretty much beg me to sit back down and skip anything else.
 
Trashman said:
The dealers make BANK on warranty sales. I believe they buy them for pennies on the dollar.
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Everything they sell you in the finance office is where they make money on the individual sale, they make ****all on the basic sale itself other than how it factors into their bonus from the manufacturer for overall sales.
 
Chevy_man said:
I haven't ever had to walk, but I tell the sales guy straight up "if you try and upsell me anything, you're not getting a sale".
Apparently they take me seriously, although they always slip the "I have to give you the sales speech about our extended warranty" and I just stand up and start for the door. They always turn it right around and pretty much beg me to sit back down and skip anything else.
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I negotiated over the phone and had them deliver it. Asked for the sales manager when I called, salesman asked why. Told him I don't want to waste my time on any sales bull****, rather go right to the manager and tell them what I want and what I'm willing to pay and that's it or I'll go somewhere else.

My time is more valuable to me than playing a bunch of bull**** finance games. Sticker price was fair for what I wanted. If the condition checks out I'll pay that without haggling on it as long as you don't waste my time trying to upsell me any bull****.

They drove it over an hour to me with the sales agreement with no other back and forth and nothing tried to slip in. Only thing they tried to upsell me on was some roadside warranty **** and free oil changes, but that was after I called about a mix up with the plates and they dropped it immediately when I told her I wasn't interested and had already signed everything. Though even that was reasonable and I probably would have done it if they were local, but I'm not driving an hour one way for free oil changes.
 
Rerock said:
The amount of BS they tried to get me to add on when I bought my Harley almost made me walk out.

The worst one was like $3,500 to UV painting the VIN on each part on the bike so that if it was ever stolen and/or parted out I could recover the bike/pieces. Dude got pissed when I laughed at him and said 'are you serious, people fall for that'?! Insurance would replace the bike and what would I need a front fender back 10yrs later.

I suppose the only benefit would be if I wanted to do an insurance scam and get a 'free' bike. Even at that though you'd just need to park it at a buddies house or whatever for free.

I just can't think of one reason how that could be worthwhile, and neither could he other than 'don't you love your bike?' Nope, not that much.
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**** the moco!
That is all.
Carry on.
 
RusM said:
Get on the big jeep forum and see what dealers are giving deals on factory orders.
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Thats what I did. I ordered both of mine during covid. Between the tax credit and dealer discount I think I was close to 20% under MSRP during a time when people where paying over MSRP. It made no sense to me why people wouldnt do this vs buying locally.
 
kmkommes said:
Thats what I did. I ordered both of mine during covid. Between the tax credit and dealer discount I think I was close to 20% under MSRP during a time when people where paying over MSRP. It made no sense to me why people wouldnt do this vs buying locally.
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Wife did the same with a Traverse. Used base models on the lot for $50k, she paid $40k to order one exactly how she wanted it. Just had to wait 60 days.
 
RusM said:
Get on the big jeep forum and see what dealers are giving deals on factory orders.
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There's a dealer north of me that is known for great deals on Jeeps. Apparently, people fly in from all states. Buddy of mine drove up from Mid-AL with a trailer to pick up his JLU because of it.
 
When we ordered the Ford, I printed out my own build sheet with everything checked that we wanted. Walked in the dealership, handed the guy the paper, he entered it in the system, spun the monitor around for us to double check it, submitted the order after we gave him some down loot. They called 5 months later to tell us the truck was there (after getting fairly steady emails from Ford on the build process.) Filled out the paperwork and they handed over the keys.

When I bought the Honda, I test drove it but wasn't sure. Went back two weeks later and asked to test it again. Said, yep, I'll take it. Salesman asked if there was anything he could do and I told him the $1000 off sticker they offered two weeks ago would be nice. He said he couldn't do that, but could do $800. Write it up. When I filled out the finance papers I saw 0.9% on it. I asked him about it because they weren't running 0.9% on the Si's. He told me they were for someone with my credit. Okey dokey then.

Those were the ONLY two painless experiences. I walked out on a Nissan dealer and almost walked out on another. I plucked the wife out of the chair at Subaru when the salesman was pitching all kinds of bull**** and I saw my wife's eyes get glassy with confusion. Sales guy wasn't happy about that.

Now, whether the Honda guy was just lying or not, I don't know... But I also didn't really care. I chose to believe that story and I stick with it. 11.5 years and 320K miles later, that car owes me nothing.
 
Gtrplyr78 said:
Still those out there. Just got to open the man purse.
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They're not even hard to find, at least around here. I see TJs on FB and Clist regularly lately for less than I see even XJs and YJs going for for whatever reason. I guess it was bound to happen eventually, they pumped out a million of them inside a decade.
 
Trashman said:
"But Im not selling the vehicle without it"..


Thats when I was done. :laughing:

Looking at something to maybe replace the JKUR.

Dealer added $1000 Gap and a $3200 warranty.

Take it or leave it. So I left.
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Zeigler for extended Factory warranty on a jeep or a ford...cheapest in the country..and probably half price of what you were quoted...

You can get a price on the website for miles/age you want...also when checking out type in "Payinfull" in discount code box and get another 275. To 320.00 off the price.
 
Void_of_Light said:
Cars should be sold in vending machines. The salesman adds zero value to the equation.
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used car dealer here so obviously im biased to this comment. :laughing: but carvana has tried the vending machine approach and it didnt work. something about people needing someone to talk to through the process and after sale issues. (should there be any) I believe i add a lot of value to the equation and I am the ONLY solution to any issues for my customer.

as for the op-

gap is not for repos. its for total loss claims. "extended warranty" is a euphemism for VSC, vehicle service contract. legally we are not allowed to call it a warranty, because only the mfg can warranty the product.

having been on multiple sides of the vsc industry: as an adjuster for one of the countries largest vsc companies, as a dealer selling them and also a dealer servicing them.....I consider myself somewhat of an expert. kind of like sleeping at a holiday inn kind of expert. so here are the basics. there are two types of vsc contracts and only two. inclusionary and exclusionary.

1- inclusionary- this is likely the most common type(on used cars) and most often the type that gets the industry a bad rap, due to it ONLY covering parts that are listed in the contract. no one, and i mean NO one ever reads the contract or is in possession of the damn thing. so when the fog light leaks(like mentioned in a previous comment) and the owner expects the "warranty" I bought to cover it.....then they're pissed off because its not a "stated part" in the contract. its not the vsc companies fault the buyer was not aware of what the actual coverage was. that's on the dealer that sold it and the buyer.

2-exclusionary- this is most often sold along with new cars beside the oe warranty. I can also sell it on newer used cars, typically still in some form of oe warranty. ie- a 2022 with 50k on it, still under the oe powertrain warranty. this coverage mimics the oe bumper to bumper coverage EXCEPT for the items listed as "excluded", which typically are wear items. brake consumables, belts, hoses, etc. ( i have a company that will cover "wear items" also) BUT...... back to the foglight above. this contract will probably look at that leak as a crack from damage and not an actual part failure, so I would not be surprised that it may not cover it.


tldr- caveat emptor mfr's
 
Trashman said:
The dealers make BANK on warranty sales. I believe they buy them for pennies on the dollar.
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This. They count on people forgetting they have it or timing/miling out of the warranty before they have to pay out. They usually fight tooth and nail when they do get claims submitted, looking for any little reason to not pay.

Edited to say this is aftermarket warranties that you get most places. A factory extended warranty from the vehicle manufacturer is usually worth it because they'll actually cover things., even though the price is usually higher. It's always a gamble either way.
 
smurfblue40 said:
Mrs studies the car market as a hobby. She knows more about newer cars than I do, and many of the dealers apparently.

On more than a couple occasions we have gotten to the "negotiation table" to have Mrs completely mind **** the salesman with her knowledge of the market. She is like a human computer when it comes to numbers. On a couple occasions a salesman has looked over to me for something... anything...

Me- "This is her car, her deal"

We have walked out on more salesmen than I can remember.
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Similar, the last time we shopped for a car for the wife (2015 Honda Civic....she keeps them as long as she possibly can, as we both absolutely HATE buying cars). Young salesman chap walked up and asked how he could help us. I looked at him, and said a silent "God help your soul" as the discussion started.

Wife took a break from 'negotiating' to take a restroom break....sales-chap looks at me and says "Can you maybe get her to move a bit on this?" I responded with "Nope....her money, her car....your fun."

He earned whatever he made off that sale that evening.
 
Gtrplyr78 said:
Still those out there. Just got to open the man purse.

I recently watched John Clay Wolfe visiting with Dennis Collins, he had a red TJ that was mint and for sale. Low miles too.
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Buying an 06. 4.0l, 6 speed manual. **** the new stuff.

Threw the JK on marketplace. Dealers offer around $11k. Should sell approx $16-18k private party.
 
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