for auto dealers. The markup is often 100% or more! Women’s Automotive Solutions, as well as many reputable online companies like http://www.warrantydirect. com, offer service contracts with equal or better coverage at a significant discount. For example, many Kia dealerships charge $2,200 for the extended “wrap” on their new vehicles. Both Women’s Automotive Solutions and Warranty Direct offer the same coverage for less than half the price. While you should not select a warranty solely on price, if the coverage and quality are the same, why not save some money! And you don’t have to rush your decision. Most warranty companies allow you to sign up after you have purchased your new or used car or even after the original manufacturer warranty has expired. However, it is significantly cheaper to buy an extended warranty before the manufacturer warranty expires. If you prefer to buy the warranty from the dealer (so you can roll the cost into your auto loan), then negotiate the price as a part of the deal. Don’t get forced into buying an extended warranty. If someone tells you that the bank requires you to buy one in order to qualify for a car loan, they are lying! Buying an extended warranty is your decision and yours alone.
If someone tells you that the bank requires you to buy one [an extended warranty] in order to qualify for a car loan, they are lying!
Dreams don’t
retire.SM
A unique and collaborative approach to financial planning that starts with your dreams, not just numbers.
Diane S. Davis, CFP®, CLU® Financial Advisor 5200 Park Road Ste. 117 Charlotte, NC 28209 (704)522-6565
Ameriprise Financial Services, Inc., Member FINRA and SIPC.
27
November 2009 | The premier women’s business resource guide
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38