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Smart Shopper Extended Warranties
2870 messages, Last post on Nov 23, 2009 at 4:56 PM
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Edmunds article: Third-Party Extended Warranty Scams
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Replying to: oldfarmer50 (Jul 09, 2009 6:37 am) |
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I had purchased my 3rd warranty, 1--original, then I had an extended at the dealer, and then a 3rd. I paid $2600 for it over 2 years ago and have yet to need it. But I was reading today in my newspaper about a lady who took her car in for warranty work and found out she had NO warranty. it was Continental Warranty, the SAME one I had bought. I got right on a phone number and found out some company(Royal Administrative Services) is paying out what is left on the warranty, but this company has been out of business over a year. Why do I have to lose that money and was never told? That is fraud isn't; it? What do I do about this? I already have a nasty message about they better give me my money back as I never used the warranty and I was not told nor never would have been except if I went to the dealer for warranty claim. That is highway robbery. I need help .......................... Adelle
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Replying to: xeriscapelady (Jul 12, 2009 11:52 pm) |
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Replying to: xeriscapelady (Jul 12, 2009 11:52 pm) Never ever get a 3rd party warr..Always buy a manuf. warr which you can buy at any dealer of your make anywhere in the US or online at any new car dealer.What make and model do you have? If you can cancel the warr,which I highly doubt ,go ahead and immediately do it. My guess is that you are stuck with it and would not get any refund back from these crap 3rd party aftermarket warr.Good luck though..Keep contacting them and keep us posted..Hopefully you get something back. |
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Does Warranty Direct fall into the same old scam catagory? I see their ads on Edmunds and clam to have an excellent BBB record.
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Replying to: mikegillis (Jul 20, 2009 8:11 pm) |
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Replying to: mikegillis (Jul 20, 2009 8:11 pm) |
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Replying to: carnetguy (Jul 21, 2009 4:14 am) The manuf warr is the best choice..See for example,,even after GM and Chrysler are in BK,the US govt has stepped in and will honor their warr.Can u imagine that happening with a 3rd party aftermarket ext warr? IMHO,,all of these 3rd party warr are scams!!Too many exclusions and headaches! |
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Replying to: deltheking (Jul 21, 2009 5:56 am) If the agreement is with a multi-billion dollar company who has their name and reputation at risk like - Zurich, GE, Wachovia, Allstate etc., and like these companies are the marketer, administrator and insurer of the contracts, you are as safe or better than you are with a manufacturers warranty - and you will often pay a lot less for these as they don't necessarily have to be sold by the dealer who adds a huge markup. |
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