Two Things You Should Never Buy From a Dealership
Some, such as extended warranties and GAP insurance, are products you may want to consider buying. But there are others that are completely useless.
The most common of these are:
- Window Etching
- Paint and Fabric Protection
Let's take a look at each one in more detail:
Window etching is a process in which the dealer will etch the vehicle's VIN number into certain windows or parts of the vehicle, so that it can be identified in case of theft.
This is practically useless since most law enforcement doesn't even look for etching when they recover a stolen vehicle. It costs dealers about $15 to complete the service, but they will try to charge you a couple hundred dollars.
If you're worried about your car getting stolen, getting a Lo-Jack system installed is way more useful.
Paint and Fabric Protection
These days, you don't need to worry about cars rusting. It used to be a problem many years ago, but these days manufacturers use steel and paint that hold up very well against the elements.
Same goes for fabric protection. The stuff dealers use is basically the same stuff you can buy at any Wal-Mart. If you really feel like you need to protect the interior, just buy some 3M Fabric Protector and spray it yourself.
Dealers will try to charge several hundred dollars for this useless service.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid