Ding & dent repair: feel you can get them fixed cheaper yourself, but if you live in a city likeThese policies cover door dings and minor dents. I
New York or San Francisco where parking is really tough, they might makesense. Average markup: $50-150
Excess Wear & Tear: products are worth considering. The key determinant is who backs the plan Especially for leasing, some of these insurance (^)
(the manufacturer, the dealer group or a 3to a certain dealer, it could make sense. Average markup: $75-$250 rd party). If it doesn’t restrict you
GAP: insurance that pays off the entire loan (or lease) balance if your car isThis stands for Guaranteed Automotive Protection and is a type of
totaled or stolen and the amount you owe to the lender is more than yourown auto insurance company will pay. It is an excellent product if the total (^)
of your is above the Blue Book value of vehicle—or even close to it. If you have a loan balance (including such things as sales tax and other extras) (^)
large down payment, it isn’t necessary. It is you will be upside down (owe more than the vehicle is worth) for the first essential if you lease, since (^)
year or two, and car insurance companies won’t give you enough to pay offthe lease. It has a fixed base cost, usually around $175, and is routinely
sold at either two percent of the total loan amount or somewhere between$400-$600 (many states cap the amount). The F&I manager keeps a
percentage of the profit, so you can negotiate. Average markup: $100-$300
LoJack theft recovery systems, etc: devices available to help recover stolen cars, keep an eye on teenage There are all kinds of tracking (^)
driver and more. I never add them, but there’s nothing wrong with theconcept; check online ahead of time if important to you. Average mark up: (^)
$250-$500