You Gotta Know What You Are Buying - Chrysler Extended WarrantyWhat is a Chrysler extended warranty and why are there so many discussions about the good and the bad of extended warranties. Are you thinking of buying a new car? Before you go out and buy that new car learn a few things about the add-ons (specifically extended warranties) that can save you money. Dealerships make a lot of money on the additional items that you buy with your new car. Items like the Chrysler extended warranty. Now that is not a bad thing, but it is something you need to be aware of. A Chrysler extended warranty is a warranty that can cost anywhere from a few hundred dollars to a few thousand, and covers your car after the warranty goes out. The Chrysler extended warranty covers your car for break downs (more like car parts) that break down before they should. Be careful here, because most extended warranties do not cover normal wear and tear on parts, but only parts that break down before their life expectancy is up. You Will Get a Hard Sell from The Dealer on a Chrysler Extended Warranty Car salesmen are the most organized, well informed salesmen around. They are educated and experienced, and work in groups, so you better be prepared before entering that dealership, or you will be walking out with a new car that you did not plan on spending that much on, including ad ons that you did not plan on buying Dealers make 40% on all the add-ons they sell you, so they are going to work hard to sell them to you. They are going to try to sell you health, disability, accident, life insurance, and the great Chrysler extended warranty. The Decision is Yours - Make it Before You Get to the Dealership Do you really need the Chrysler extended warranty?This is really a gamble. Do you want to gamble that nothing major will happen while you own the vehicle? It all comes down to time really. Do you plan on keeping the car over three years? If you don't plan on keeping the vehicle for more than three years, then you really don't need the Chrysler extended warranty. But if you plan on keeping the car more than that, or driving a lot of miles, then the Chrysler extended warranty is probably an excellent option for you. Ok, so if you have determined that you want the Chrysler extended warranty before going to the dealership, then you have the upper hand. When the manager comes in to try to sell you on an extended warranty NEGOTIATE! (remember they make 40%). If the manager says that he does not have room to negotiate on the extended warranty, stand up as if you were going to leave. Youll soon see that they change their tune pretty quickly. The most important thing to remember when buying a Chrysler extended warranty, is that the person behind the desk does not make any money unless you buy. They make a commission on the insurance, extended warranties and financing that they sell. And if they don't sell, they don't make any money. |