至尊英语阅读资料之汽车专题第171集.pdfVIP

Automotive articles 171 [4251]How To Get A New Car Extended Warranty At A Rock-Bottom Price Each and every time you buy a new car, truck, mini-van or suv, the dealership is going to ask you purchase an extended warranty. Some buyers are interested - many are not. For those that are, theyre in lousy position because they dont know what an extended warranty actually costs. The Dealer presents a figure they want you to payand you have no base-line figures to compare it to. Wouldnt it be great if you knew what Dealerships paid for the Extended Warranties they selland what theyre going to charge for them? Well, now you can. Its really very simple. Any new car (or truck) extended Warranty cost is calculated as a percentage of the price - regardless of who makes the car, van, truck or SUV youre considering. Heres how this works. Lets say youre looking at a new Truck and considering the most common extended warranty - 5 years and 100,000 miles of coverage. The MSRP (the Sticker in the window) says $32,000. The Manufacturer of that truck sells the Warranty to each and every Dealer for 2.3% - 3.5% of the MSRP. So, for this particular truck were discussing, the warranty will cost the Dealer between $800 and $1,120 - or 2.3% and 3.5%. Thats what he or she will pay the Truck maker. The Dealer then turns around and adds his or her profit when selling it to you. In most cases, they will sell the Warranty to you for 60% more than what they paid for it. So, for this particular truck, the Dealer will sell the extended warranty for between $1,280 and $1,760 (Cost plus 60%)when it only costs them somewhere between $800 and $1,120. Heres the formula to use the next time youre considering a Dealers Extended Warranty: - Total MSRP X 2.3% Total MSRP X 3.5%. Somewhere in between is the actual Dealer cost. - Total MSRP X 4% Total MSRP X 5.5%. Somewhere in between is what the Dealer will want you to pay. So, you know their Cost. And you know the profit