Aftermarket or Extended Auto Warranties
There's no doubt that buying a used vehicle can be stressful. What causes so much stress? It's the fear of spending all your money on a vehicle that you have to continue to dump money into because of hidden or unknown mechanical issues.
A used vehicle has thousands of parts that each have a life-span. Mechanical components and parts are not made to last forever and as such, we can reasonably expect that with normal use they will eventually need to be replaced. The question is who is responsible for replacing these components and/or parts? The answer is simple. The owner is responsible. When the part on your vehicle fails to operate, the owner is the one who must pay for the repair or replacement.
To avoid this potential costly experience, consumers rely on extended warranties or "service plans" to SAVE them from this negative experience. Just google "extended car warranty" and you'll see that there are many companies that offer service plans you can purchase.
But does these "plans" really offer you anything of value? The average cost of an extended warranty or service plan is between $2,000 and $3,000 on the low-end and $4,000 to $5,000 or more on the high-end. The cost of a warranty/service plan is proportionately determined by the age and mileage (use-of-the-vehicle). You can expect to pay the lower prices for a newer vehicle with lower mileage because the odds are stacked in favor of the warranty company, not you; that your vehicle will not require expensive repairs. Expect to pay a significantly larger premium for a higher mileage older vehicle. Again, you're paying more because as a vehicle ages, it is normal to expect repairs.
The problem is that you still pay for the repairs. The warranty or service-plan is NEVER free. You're just paying for the repairs in advance.
The business of selling warranties is an industry in and of itself. Their is big profits in selling warranties/service plans. If there wasn't profit or big money in it, they wouldn't do it.
We do NOT contract with warranty companies and therefore do not offer warranties/service plans on any vehicles we sell. You have the ability to go to the world wide web (internet) and google various warranty companies. You can do the research yourself on which warranty company is reputable and contact them directly and purchase your own vehicle warranty/service plan.
To avoid this potential costly experience, consumers rely on extended warranties or "service plans" to SAVE them from this negative experience. Just google "extended car warranty" and you'll see that there are many companies that offer service plans you can purchase.
But does these "plans" really offer you anything of value? The average cost of an extended warranty or service plan is between $2,000 and $3,000 on the low-end and $4,000 to $5,000 or more on the high-end. The cost of a warranty/service plan is proportionately determined by the age and mileage (use-of-the-vehicle). You can expect to pay the lower prices for a newer vehicle with lower mileage because the odds are stacked in favor of the warranty company, not you; that your vehicle will not require expensive repairs. Expect to pay a significantly larger premium for a higher mileage older vehicle. Again, you're paying more because as a vehicle ages, it is normal to expect repairs.
The problem is that you still pay for the repairs. The warranty or service-plan is NEVER free. You're just paying for the repairs in advance.
The business of selling warranties is an industry in and of itself. Their is big profits in selling warranties/service plans. If there wasn't profit or big money in it, they wouldn't do it.
We do NOT contract with warranty companies and therefore do not offer warranties/service plans on any vehicles we sell. You have the ability to go to the world wide web (internet) and google various warranty companies. You can do the research yourself on which warranty company is reputable and contact them directly and purchase your own vehicle warranty/service plan.
We do NOT buy-back vehicles
Considering the fact the our vehicles are priced thousand below value, we don't have the mark-up and margins to buy vehicles back from consumers. Once the paperwork has been executed by the parties, the transaction is considered final. If the vehicle needs any repairs after the transaction is finalized, the buyer is responsible for those repairs. Is this legal? Yes. According to Florida law, dealers are not required by federal law to give used car buyers a right to cancel their purchase. In some states the ability to return a vehicle to the dealer a few days after the purchase for a refund only exists if the dealer chooses to offer this privilege.
We do not buy vehicles back from consumers for these reasons:
We do not buy vehicles back from consumers for these reasons:
- After the vehicle leaves our office, the new owner could experience any number of situations where the vehicle is tampered with or damaged and attempt to hide the issues.
- In some cases consumers have concluded that it's easier to try and force us to take the vehicle back, than deal with repairs.
- The costs to process vehicles back into inventory along with any repairs would almost certainly mean we would sustain losses that would not sustain the program.
Implied warranties
State laws hold dealers responsible for vehicles they sell if they don't meet reasonable quality standards. This is a good-thing! It helps to hold dealerships to a higher standard. These obligations are called implied warranties. They are unspoken, unwritten promises from the seller to the buyer. What promises? The promise that the vehicle you are purchasing will operate the way it should. However, the Buyer's Guide which states the vehicle is being purchased "As-Is" is part of the contract to purchase the vehicle and eliminates implied warranties. A transaction is only eligible for implied warranties if the dealer is offering a written warranty or service contract. We do not offer any written warranties or service contracts. We do however encourage all buyers to have the vehicle they want to purchase inspected by an independent mechanic prior to completing the paperwork. click here for more information on how pre-inspections can help you.
Implied Warranty of Merchantibility
The most common type of implied warranty is the warranty of merchantability. The seller promises that the vehicle offered for sale will do what it's supposed to do. It will run and operate. This promise applies to the basic functions of a vehicle. It does not apply to everything that could go wrong with a vehicle.
Implied Warranty of fitness for a Particular Purpose
A warranty of fitness for a particular purpose applies when you buy a vehicle based on the seller's advice that it is suitable for a particular use. For example, suggesting that the vehicle will hauling a trailer. If the seller/dealer suggests it but does not put it in writing then this warranty wouldn't apply. Most dealers that this warranty would apply to offer written warranties on a particular use as an inducement to purchase. We do not offer any written agreements that would suggest any vehicle would serve any purpose. The determination of whether a vehicle would meet the consumer's needs is solely the responsibility of that consumer.
Implied Warranty of Merchantibility
The most common type of implied warranty is the warranty of merchantability. The seller promises that the vehicle offered for sale will do what it's supposed to do. It will run and operate. This promise applies to the basic functions of a vehicle. It does not apply to everything that could go wrong with a vehicle.
Implied Warranty of fitness for a Particular Purpose
A warranty of fitness for a particular purpose applies when you buy a vehicle based on the seller's advice that it is suitable for a particular use. For example, suggesting that the vehicle will hauling a trailer. If the seller/dealer suggests it but does not put it in writing then this warranty wouldn't apply. Most dealers that this warranty would apply to offer written warranties on a particular use as an inducement to purchase. We do not offer any written agreements that would suggest any vehicle would serve any purpose. The determination of whether a vehicle would meet the consumer's needs is solely the responsibility of that consumer.