Posted on June 15th, 2009 by Warranty Direct
Times are tight, and a car is, for many people stuck in suburbia, a necessity.
Just because it’s a necessity doesn’t mean you should leap right into buying a car that you’ve found for sale.
Here are some tips for signs to back away slowly before signing that purchase agreement.
Missing Records
If the seller doesn’t have a service history, you’re taking a big risk. Every major auto shop is computerized; chances that a car made in the last two decades has been serviced without a trace are virtually nil. If you can’t document when it was last serviced, odds are it hasn’t. Read more...
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Filed under: Buying a Car, Used Car Warranty
Posted on June 24th, 2008 by Warranty Direct
The Internet has given rise to dozens of “warranty brokers” all touting that they represent many companies and thousands of “the best” plans. Think about it, does this make sense? How can all of the plans be the best?
The fact is, auto warranty brokers search for the warranty that affords them the highest mark-up. Often, the consumer does not know who they are actually buying their coverage from and is unable to research the records of these companies. The companies supplying coverage to these brokers have the industry’s highest rate of Better Business Bureau complaints with several of them having over 100 Better Business Bureau complaints in the past 3 years. The brokers themselves also have a very high rate of Better Business Bureau complaints with one of them having over 300 complaints in the past 3 years.
BUYER BEWARE
Consumers should be aware that a warranty broker bears NO RESPONSIBILITY to them once the sale has been made. Here is what one warranty broker has buried deep in their web site: Read more...
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Filed under: Used Car Warranty, Warranty Direct
