I walked away from a purchase once because they wanted to charge me $1k for some anti theft thing that I didn’t want, I can’t imagine buying even one of these redundant warranties or memberships.
They charge you a grand for a LoJack under the implication that it’s an anti-theft feature you can use.
It’s actually there so they can locate the car at any time to decline service by saying it was your fault for using the car in a way they didn’t approve, and to repo the car if your payment is late.
having worked at a captive auto lender before, every single financial product add-on is a rip-off. The only exception is brand maintenance on leases (you have to do maintenance anyway, might as well pay upfront and get a bump to your Residual Value, it pays for itself). Don’t buy any anti-theft shit, any GAP insurance, any service contracts (CARS COME WITH A WARRANTY FOR FREE), etc.
I walked away from a purchase once because they wanted to charge me $1k for some anti theft thing that I didn’t want, I can’t imagine buying even one of these redundant warranties or memberships.
They charge you a grand for a LoJack under the implication that it’s an anti-theft feature you can use.
It’s actually there so they can locate the car at any time to decline service by saying it was your fault for using the car in a way they didn’t approve, and to repo the car if your payment is late.
Luckily, unlike cummunist CHINA you have the freedom to chose between one of the other 4 heredity fiefs when purchasing a car.
having worked at a captive auto lender before, every single financial product add-on is a rip-off. The only exception is brand maintenance on leases (you have to do maintenance anyway, might as well pay upfront and get a bump to your Residual Value, it pays for itself). Don’t buy any anti-theft shit, any GAP insurance, any service contracts (CARS COME WITH A WARRANTY FOR FREE), etc.
I did end up getting GAP on my new motorcycle, but I did that through my bank.