Quote:
Originally Posted by berettafan
i am not too trusting of 3rd party warranty co's. don't believe they really can function as they claim. One has to consider factory warranties are getting parts for cost and likely experience other economies of scale that simply aren't available to outside co's.
so then it comes back to how comfortable i am owning a brand like MB or BMW with a very short (as new car warranties are) factory warranty. and, as my question asked, just how much $$ it costs to go with a dealer and the factory used warranty vs. a wholesaler.
|
3rd party warranties can be a total scam, or they can be legit, completely depends on the company.
Warranty Direct is one example of a good one that has been around for a long time, I have personal and second hand experience with them and I'd trust them. They don't stay in biz for a long time if they cause problems, not in today's Internet world. (I personally wouldn't pay for a factory OR aftermarket warranty on an '07 E350, I'd save the money and take my chances).
As to how it costs to go with wholesale v. your local dealer, I gave you the current average wholesale sales prices. A normal "wholesale" retailer is going to try to make at least $1K on the car. I don't know what your local dealer is asking/selling for, you can find that out by calling them.