Tuesday, April 19, 2005

The Actual Price of an Extended Warranty.

Auto sales people will try to lure you into buying their extended vehicle warranty by rolling the price into the sales price of the vehicle. That may sound good, but remember that you'll be paying 6-10% interest for years on that extended warranty. That $1800 extended vehicle warranty tacked onto an 8% loan for 5 years will cost $2644.79 . What is the alternative? Shop direct and save the inflated pricing from the auto dealer, and take advantage of those Extended Warranty Companies Zero% interest plans.