Posted on December 10th, 2009 by Warranty Direct
If you are in the market for a new car this holiday season be on the lookout for options and add ons that your dealer might try to offer you. Some of them are worth it but some are just a big waste of money. MSN Autos says “Beware of these overpriced and often unnecessary add-ons to your new-car purchase. Here are eight of the most common dealer options and how to avoid them.” Read more...
- Rust-Proofing: Some dealers charge up to $800 for this service, which sometimes amounts to no more than spraying a coating from an aerosol can in the wheel wells.
- Fabric Protection: For a couple of hundred dollars, some dealers will try to sell you fabric protection for your car’s interior that will repel stains. You know it as Scotchgard.
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Filed under: Auto News, Buying a Car, Car News, Consumer Affairs, Dealership Car Warranties, Extended Car Warranty Contracts, Extended Car Warranty Coverage, New Car Warranty, Researching Auto Warranties, Scams, Warranty Direct
Posted on September 21st, 2009 by Warranty Direct
With all the uncertainty in today?s market it is more important than ever to ensure you are dealing with a financially stable company, especially on the internet. Some states regulate the sale of Vehicle Service Contracts, they have already made that research a lot easier for the consumer.
In order to circumvent these special licensing requirements set forth, there has been a recent influx of product warranties being offered on the internet by a variety of extended warranty brokers. Product Warranties are not licensed, are not closely regulated, and do not have to be guaranteed by an insurance company. Even if a product warranty purports to be backed by an insurance company, the insurance company may not be licensed, financially strong, or actually back the warranty. Read more...
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Filed under: Auto Warranty Industry News, Consumer Affairs, Extended Car Warranty Contracts, Researching Auto Warranties, Scams, Warranty Direct
Posted on August 12th, 2008 by Warranty Direct
Auto warranty buyers are smart to perform online research. Buyers should be able to make a well-informed decision when they buy a warranty for their vehicle and also make sure they buy their extended car warranties from a reputable company.
Independent Research Firms
A company’s transparency with their customers is key. During online research, searchers are bound to come across web sites that profess to perform “independent” research, when in actuality they are simply a portal site for an extended auto warranty broker. They’re easy to spot when they conveniently recommend only one “Editor’s Top Choice” throughout the site or blog while claiming to be an independent research firm. Often, these sites print misinformation about other warranty companies in an effort to fool the consumer. Read more...
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Filed under: Consumer Affairs, Extended Auto Warranty Providers, Researching Auto Warranties
Posted on April 29th, 2008 by Warranty Direct
The Coverage…
There are many different levels of coverage available.
Exclusionary Warranties – These are the highest level of coverage one can obtain and are often referred to as bumper-to-bumper warranties. Like a new car warranty, they will cover ALL parts of your vehicle except a small list of exclusions. The exclusions are typically for routine maintenance (oil changes, tune-ups), cosmetic items (seat fabric, carpeting, body molding), and consumable items (battery, brake pads, wiper blades). Read the exclusions carefully as they can differ widely among warranty contracts. Some companies will exclude commonly repaired items like stereo systems, oxygen sensors and more.
Named Component Warranties – These types of coverages will provide a list of the parts covered and are available in many different levels. In order to do a proper comparison, you must read the detailed list and not just the system categories. Read more...
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Filed under: Extended Car Warranty Coverage, Researching Auto Warranties
