On Fri, 15 Feb 2008 16:50:34 -0800 (PST),
miguel3000@hotmail.com
wrote:
>Does anyone have experience purchasing a Toyota from an authorized
>dealer in Madrid? I found a list of Toyota dealers here:
>http://www.dealermundi.com/dealers/toyota/spain/
We don't get a lot of traffic in here from Spain, but welcome!
The common problems found buying from US dealers are probably found
world-wide, so keep your eyes open:
* - Dealer-supplied financing that is way overpriced so the dealer can
skim some more profits off you - or they ask "How much do you want to
pay per month" and don't tell you what the interest rate even is.
(Check with your own bank or credit union for true and competitive
interest rate and payment information.)
* - Trying to steer you to a lease rather than purchase - they can
make more money on a lease, even if it isn't right for you.
* - Dealer or Distributor added accessories that aren't worth the
price, but "we can't get the car without those accessories, they all
come from the factory with it."
* - "Extended Warranty Plans" from unscrupulous outside insurance
companies that have loopholes you can sail an ocean liner through -
the problems you have are never covered. Or they delay you for a
month or more to get a claims inspector out to inspect the car before
work can begin, hoping you'll give up and fix it first - but then you
"destroyed the evidence the adjuster needed to see - DENIED."
Seems that 'electrical related failures' aren't covered - and almost
every single system on your car has at least one electrical component
they can blame as the cause. That one always gives them an easy out.
And if too many people have problems that actually are covered, they
go bankrupt (and run with the money) if too many claims actually start
to get through the screening (and denial) process.
(The Toyota backed extended warranty plans are rock solid and good
coverage with few loopholes, but the dealers still try to triple the
wholesale price to pad the bottom line. Bargain, bargain, bargain.)
--<< Bruce >>--