Did I make a good deal? 2008 Toyota Yaris

[WMF1125]

Originally Posted by Revsson

Welcome WMF1125 !!

I am not an expert on buying cars, but I think you paid a little too much.
The total cost is about what I paid for a 2009 with 7 miles on it. I did get
the Platinum extended service plan for about $1050. Could it be that since
your car is used, it would cost more? I don't know. These cars are
hard to find, especially a good used one. I do have to say that I didn't
finance, so perhaps that is another cost I didn't figure into the equation.

One of my co-workers already has 93,000 miles on his 2007 LB. He hasn't
had a lick of problems, but is considering getting a service plan that would
go beyond the 100,000 miles He says his dealership sent him a letter offering
to buy the car back, as there is such a high demand for that car. He said
he wouldn't trade it for anything.

Don't feel bad if you might have paid too much. You will love the car, and
save a lot of money on gas down the road. However, I would check into
the costs of the service plan. I used to have a link somewhere that told
the approximate costs of the plans, but I can't find it at this time.

Be sure to post a pic and update your profile with the color, etc.
Of course, if it is a Meteorite Metallic, they are the best.

I'd appreciate it if you could send me that link once you find it. Mine is a black Toyota Yaris (they didn't have any other color at the time of purchase).

I was afraid someone would say I paid too much...but after talking with my parents, the GAP insurance I bought was a good decision ($203). However, it's the $2,450 Platinum Extended Warranty that ruffles my feathers. I can't find REAL prices on the extended warranties anywhere (other than peoples' testimonials). I'm assuming they think of a random number depending on how gullible the client is. How long do I have before I can't cancel the warranty?

By the way, I'm a first time driver and just received my license in September; bought my car in October; and have been on the road ever since. 20 years old with a 720 FICO credit score. Everything else on my credit report is in the 650's.

O, I FORGOT TO MENTION, they gave me a 5.4% APR!! Good or bad??