On Wed, 19 Sep 2007 07:46:47 -0700,
lonlac@yahoo.ca wrote:
>I'm looking at buying a 2008 Toyota, should I also pay the extra and
>get the Extra Care Protection? Or is it a cash cow for the dealer?
>
>I had it with the previous Toyota car I owned and never used it.
>
>Any advise would be appreciated.
If you pay the first price the dealer offers for it, then it IS a
cash bonanza for the dealer. Their first offer is usually double
keystone or better markup - if they say $1,200 they're only paying
$400 (or less) wholesale.
On Toyota's it's usually a wash, since things tend to not break.
They bought me a new alternator.
If you decide to go for it, you only want the ExtraCare offered by
Toyota themselves - DO NOT buy the policy from any third party
company, the level of corruption in that industry is staggering. For
openers, look at the actual policy language to see what they do not
cover, not the slick sales brochure. There's enough wiggle room in
the real fine print to slip the Queen Mary through.
The crooked third-party companies use every dodge in the book to not
pay out on claims, including delaying "Claims Adjusters" for several
weeks and if you or a mechanic so much as touches the car first they
deny the claim. And if they can't wiggle out of the claims they go
bankrupt and disappear when they start losing money....
But not to worry, nobody loses their jobs - they'll be open next
week under a new name and charter they had all set up and ready to go
for that express purpose.
--<< Bruce >>--
Extra Care Protection for Toyota Vehicles?? 
