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mszkoda | 6 years ago

I did the same and do it every time. I know their job is actually just to sell warranties and after-market products and the paperwork is a side-job, but I just can't spend $20-30k+ and sign a bunch of papers without reading them and taking some time.

Each of these places have their own branded contracts and similar, but unique documents that look like they typed up and copied some word document they wrote 7 years ago and have never re-printed.

And the descriptions they give are usually a couple works... This one is a power of attorney, it lets us handle title work for your car on your behalf. I had my title in-hand and signed it over to them, so I was really confused why that was necessary among several other things.

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papln|6 years ago

> I had my title in-hand and signed it over to them, so I was really confused why that was necessary among several other things.

They file the paperwork with the state. If possession of the title printout was sufficient to legally take possession of someone's car, that would open the door to a lot of easy car thefts.

SilasX|6 years ago

My understanding is that the "finance guys" who offer these extended warranties and what not make the most and easiest money. At least when I did this last time at a dealership, they were flaunting the most wealth (expensive shirt/watch).