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