Warranty Protection For Used Car

Which, if any of these service warranty plans would you recommend and why?
We just purchased a Saturn Astra and have two days to decide whether or not to purchase a service plan w/o an additional fee:
1. Vehicle Service Contract 60 months 75K miles $1495
Comprehensive Coverage when the need for repairs arise - towing, rental car and RSA
2. Guarantee Price Refund - if eligible, receive a full refund of the purchase price of the service contract up to $2500 if it expires and never used. $399
3. Car Care - all scheduled oil changes. $599
4. Gap Protection - pays balance of loan amount deficiency for total loss $599
5. Road Hazard Tire Protection - $399
1. Ask them to do a 6 year (see if you can get them to do the 6 year 100,000 mile) for the same price and buy it. Lots of people say it's not worth it... do you always have an extra $1500-$2000 cash in your savings lying around in case your car breaks? If so, maybe you can skip it. If you're like most, though, you are already living paycheck-to-paycheck, and an unexpected repair can really hurt. Cars do sometimes break down, and they are expensive to fix. It's nice to have someone else pay the bill when they do. I'd buy this one.
2. For another $399, they will give you back your $1495 if you don't use the service contract. It's for those people that are unsure about whether or not to buy the warranty, that are afraid they won't ever need it. Yes, there are some people that never use the extended warranty they bought, and I'm sure they would rather have lost $400 instead of $1500. Keep in mind, if you ever even use just the towing or rental provision that comes with the service contract, it is considered "used". So if you have a flat in two years, and use the "free towing" or "RSA" or "rental car" that comes with the above-mentioned extended warranty, you will NOT be entitled to the refund. I'm not sure this one is necessary, but honestly, I'd probably offer them $300 and buy it.
3. Depends how long they do the oil changes for. Ask how many oil changes it covers (it is a certain number, not necessarily years/miles. It WILL break down to a maximum number of oil changes.) Divide the cost by the number of oil changes, and compare it to how much you usually pay for oil changes.
4. ALWAYS get Gap, unless you are financing less than like 80% of the car's invoice value (are you putting like $7000 down or more?). You probably aren't. I would definitely buy it. There are WAY too many accidents happening every day. I buy it on all my own personal cars.
5. A waste of money, in my opinion.
What You Need to Know about Shopping in Used Car Lots
Visiting any car dealerships or car lots, whether used or new can be an intimidating experience. Inherent in a new car lot is the implied factor that the car will be new and should give you no problems until the warranty has expired. Whereas used car lots seem to imply that the cars for sale have been discarded by their owners so they can purchase another newer or better car.
This isn't entirely true though because the used car lots also extend warranties for the vehicles they sell. Most used car lots will examine a used vehicle before they accept it for sale. They usually have an extensive check list which they use to verify that the car is drivable and can be sold as a used car.
Today there are laws in place that protect the used car buyer. The days of bait and switch are, fortunately mostly a thing of the past. Used car dealers generally run an immaculate operation and the used cars they sell can be a pretty decent deal. After all the rumor is that as soon as you drive those new back tires out the driveway of a new car lot, into the street, your new car has decreased in value by at least 30% or more. So it does make sense to consider buying a used car as your next new car.
Still, visiting a large used car dealer's lot can be intimidating. You pull onto the lot and park in a space. There you are seemingly immediately approached by a horde of aggressive sales people. If you tell them you would just like to look, they fade away for a short while. As soon as you seem to get interested in a car, one or more of them swoops down on you offering to show you the vehicle. At some point they will ask what do you want to spend on a new car. When you answer, they will direct you to something that suits your budget. During the discussion they will also ask you how you will pay for the vehicle or if you intend to use the car you arrived in as a trade in toward the purchase price.
Because you want them to think you are a valid potential customer and not someone just looking, you need to have some documents with you so you can fill out the application for credit and get approved before you purchase that car. You should bring your driver's license, proof of insurance for a current car you own, and a paycheck stub or proof of some form of regular pay that you have from the place where you are employed.
Of course, you might have pre-approved credit from your bank or credit union. If you do, it gives you some bargaining power to negotiate down the price of that new car. Whether they provide the financing or you already have it, be prepared to spend time negotiating that used car price lower.
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