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Smart Shopper Got a Quick Question for a Car Dealer?
2394 messages, Last post on Nov 03, 2009 at 11:03 AM
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I don't know of any service contracts that duplicate the manufacturer's warranty in every respect. They will provide other type of benefits/allowances and over-allowances during that period that the manufacturer does not cover. They generally will provide coverage terms that wrap around and exceed the period covered by the manufacturer.
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Replying to: glamb (Oct 22, 2009 9:29 am)
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Replying to: jayrider (Oct 22, 2009 12:26 pm) Volvo's CPO warranty covers everything that the factory warranty covers but cosmetic trim items, glass, seat surfaces, bulbs and of course no wear items/consumables. Oh and the radio they don't cover the radio either. The Saab CPO program used to mirror the factory bumper to bumper warranty exactly but they stopped that a few months ago now it is just like the Volvo warranty. Power seat motors and power window motors are covered on both. Land Rover's old CPO warranty was pretty much identical to Volvo but did cover radios. The Land Rover CPO did have a 100 dollar deductible while Volvo and Saab do not. I am not sure what the new CPO Rover warranty is set up like because they did change it. I think coverage is the same but time is only 5 years 62,000 miles not the old 6 years 75,000 miles. Volvo and Saab are both six years 100,000 miles. Be very cautious of how a CPO or any warranty is stated. For example Lexus is three years from the day you buy the car as a CPO or 100,000 total miles. Lexus has a 4 year 50,000 bumper to bumper and a 6 years 70,000 mile powertrain warranty. If you buy a year old Lexus CPO with 15,000 miles you get no additional time warranty at all so unless you drive 20,000 miles a year the CPO is worthless to you.
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Replying to: jayrider (Oct 22, 2009 12:26 pm) With my Chrysler I asked to review the EW contract before making up my mind. The F&I guy tore off the first page and handed it to me. Right then I knew I wouldn't be buying because he didn't give me a copy of the complete contract. At home I got out my glasses to read the very faint small print on the back and came to a section on "exclusions". The problem was that the exclusions were on one of the pages he didn't give me. If I had ever considered buying the EW THAT put the kibash on it for sure. The next day I told the F&I guy that I was declining the EW because I couldn't tell what the exclusions were. He said "The are NO exclusions" with a straight face. At that point I became convinced he was on crack. |
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Replying to: british_rover (Oct 22, 2009 1:04 pm)
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Replying to: jayrider (Oct 22, 2009 2:35 pm) At that point you can't CPO them anyway so who cares they are just old high mileage cars. I have a customer trading in a 2003 S60 AWD next week that they really killed the mileage on. They put 120,000 miles on it in the 6 or so years they owned. it. All those miles did hurt her resale value but the car still has decent value because it is in such great shape. The fact that you can't get any S60s right now helps too. I mentioned this story to some non-car people I know and they said well they should have bought a Lexus or Acura and it would be worth more. Yes they could have bought a Lexus or Acura but they would have spent more for the Lexus to have it only be worth about a 1,000 dollars more after 120,000 miles and the lexus wouldn't have AWD. The Acura would have cost them less but also be worth 1,000 dollars less and still not have AWD. They would spend more then 1,000 dollars for an extra set of wheels and snow tires. After enough years and mileage even a Lexus depreciates to about the same level of similar cars in similar condition.
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Replying to: british_rover (Oct 22, 2009 2:43 pm)  I'm leasing once more after the current lease is up -- love driving a new car every three years even if it costs more. Of course trading every three years isn't a whole lot better. |
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Hello, What is the proper discount for a Demo 2009 highlander limited with 6000 miles ? I have price quotes with discounts off MRSP ranging from $2600 to 2900 for a new Highlander NON DEMO with under a 100 miles. Should there be a extra discount for the Demo vehicle with 6000 miles? Thanks for your help
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Replying to: qdaken (Oct 30, 2009 8:39 am) Hope this helps. |
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Hi, I am shopping for a used Infiniti M35, and the vehicle history report of one of the cars I am looking at it said that the car failed an emissions test. It then passed the test 2 weeks later. Is this a red flag or is this normal? What could cause a failed emissions test? Should I stay away from that car? Thanks
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