| When we buy a car, the most important part of | | | | to the dealerships the cost of delivery and prep is |
| it is to get the warranty, as this is very essential | | | | already covered, so basically you are paying the |
| for the maintenance of the car in the future. But | | | | dealership for work that they haven't really done. |
| how do I know that the warranty which offered | | | | I swear they could get the car in perfectly ready |
| is not a scam? Get the best tips on how to | | | | to drive condition and put everything right back in |
| handle the preparation scam from the dealer. This | | | | it just so that they can make you pay the fee |
| will save some extra money. | | | | again. |
| 1. The Forced Warranty Scam | | | | You can avoid this scam by simply asking the |
| This is when the finance manager tells you that | | | | dealership to add an extra $500 credit to the deal |
| you are not eligible for the loan by the bank | | | | to make sure you do not have to pay the |
| unless you pay an extra $2000 for a 2-3 year | | | | money. If they refuse, you can then decide if the |
| extended warranty. This scam just doesn't make | | | | car is worth the money. If it is fine; buy the car, |
| sense. Basically the finance manager is telling you | | | | if not; go to another dealer that will remove the |
| that the bank won't trust you to pay the $20,000 | | | | dealer prep costs. |
| loan for the car, but they will trust you if you pay | | | | 3. The Dealer Mark up Scam |
| even more money. That's just stupid. You can | | | | This is an unnecessary fee that the dealer |
| avoid this scam if you can force them to put it in | | | | charges for no reason other than greed. This fee |
| writing that you have to pay the extended | | | | can be seen on the orange sticker marked on the |
| warranty in order to get the loan. | | | | manufacturer's suggested retail price (MSRP). The |
| That way you can bring a copy of the contract | | | | additional dealer markup is nothing more than |
| to your local State's Attorney's office to verify | | | | requiring more money for no real reason. They |
| that the deal is valid. I can bet that the finance | | | | can include all kinds of extra fees in the additional |
| manager will change his tune pretty quickly. | | | | dealer markup. When you see an extra dealer |
| 2. The Dealer Prep Scam | | | | mark up fee, ask the dealer to get rid of it. If |
| Let me first let you know that cost is not only | | | | they refuse, it is pretty much up to you, but |
| legal but very much common practice. I still refer | | | | remember that if you do pay the extra dealer |
| to it as a scam because it is just another way for | | | | markup, you are overpaying for no real reason. |
| you to end up paying more money for the car. | | | | Get rid of the warranty scam by the dealer, but |
| Basically the dealer will tell you have to an extra | | | | getting knowledge about the warranty before |
| $500 to cover the labor costs of the dealership's | | | | buying the car. Go to another dealer if you think |
| 5-point inspection. You are paying for the time it | | | | that something is wrong with the contract before |
| took for the dealership to make sure that the car | | | | you sign it. |
| wouldn't explode on you in the first week of | | | | Don't pay more than it's worth for the car. The |
| owning it. | | | | dealer will do anything to get more money from |
| This check up that you are paying so much | | | | your pocket. Give the line, it will make you make |
| money for is for the dealership to remove plastic | | | | a better decision. There are times when the |
| from the seats etc, vacuum the car out, and | | | | dealer charge extra money for no reason. Check |
| making sure that all of the fuses and fluids are | | | | the MRP and pay no more than the MRP. |
| ready to go. When factories deliver the new cars | | | | |