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Extended Warranties

2873 messages,  Last post on Dec 02, 2009 at 2:13 PM

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What is this discussion about? Car Warranties

Edmunds article: Third-Party Extended Warranty Scams


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#2777 of 2873
Re: more re: 3rd partry extended warranties [deltheking] by carnetguy
Jul 24, 2009 (9:07 pm)
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Replying to: deltheking (Jul 21, 2009 5:56 am)

all good points - but doesn't it depend on who the 3rd party is? If the third party is a name you've naver heard of, the contracts are administered by someone else you've never heard of and also insured by someone you've never heard of - don't buy it!
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.
#2781 of 2873
Re: more re: 3rd partry extended warranties [deltheking] by jipster
Aug 05, 2009 (6:05 am)
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Replying to: deltheking (Jul 21, 2009 5:56 am)

U.S Fidelis sounds pretty good. commercial: Two guys with same repair are in shop, one paid $3,500 for a new transmission, the other guy with U.S Fidelis paid "ABSOLUTELY NOTHING". Plus it's endorsed by Randy Wallace the race car guy.
#2782 of 2873
Re: more re: 3rd partry extended warranties [jipster] by deltheking
Aug 05, 2009 (7:56 am)
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Replying to: jipster (Aug 05, 2009 6:05 am)

Do a BBB.org search for US Fidelis.They are listed under 4 different names and they also are under investigation by the local Attorney General`s office.
I talked to them on the phone and they are the biggest scam around.You need to pay a deposit of $395 before even seeing the contract.And their prices are 2500-3500...Damn,that`s the price of a used car.And they were willing to cover me without inspection even after telling them out of curiosity that I have a very problematic car and a rebuilt transmission.Go Figure!
Stay away from all these aftermarket 3rd party warr.They are all scams and rip offs.An original manuf ext warr is the best!!!
#2783 of 2873
Re: more re: 3rd partry extended warranties [jipster] by joel0622
Aug 05, 2009 (2:04 pm)
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Replying to: jipster (Aug 05, 2009 6:05 am)

They are in court now for something, I saw a convo about it here some where here at Ed's place.
#2784 of 2873
Re: more re: 3rd partry extended warranties [jipster] by phyll7742
Aug 09, 2009 (8:16 am)
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Replying to: jipster (Aug 05, 2009 6:05 am)

This company has more than 1100 complaints with the Better Business Bureau.
They charge incredible amounts of money then never pay the claims.
Steer Clear.
#2785 of 2873
Warranty help needed! by psumommyof2
Aug 25, 2009 (6:58 am)
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Replying to: phyll7742 (Aug 09, 2009 8:16 am)

I bought a used 2006 Toyota Sienna yesterday. It was purchased from an independent dealership and doesn’t have the Toyota Certified backing, though it checked out fine on the carfax and mechanic says it looks great. Anyways, I purchased an Extended Warranty from them, a company called Warranty Solutions which is backed by Wachovia – was this a good move? Since I didn’t purchase it from a Toyota dealer and it’s not certified, is it possible to purchase a Toyota warranty plan or should I feel safe with the Warranty Solutions or just cancel and not go with an extended warranty? The van has 46,000 miles..thanks!

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