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111 messages, Last post on Dec 02, 2009 at 8:24 AM
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you'd think he'd be able to "do the math" as the popular phrase suggests. There's way too much proof out there that consumers lose out and take many more chances with aftermarket warranties. I would want my accountant to be a better consumer before I allowed him to "do the math" with MY money... |
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How have we been ROBBING customers? By offering factory backed warranties that do what they say they will? I hope your Johnny Come Lately warranty company stays in business this time! |
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They paid out about $2K in claims, and then when I sold the car I even got a partial refund! Since I bought my warranty from them, about a year ago, their prices have gone up a bit. I'd say their claims administrator was tough, but fair. No leeway or being "nice guys" and covering things that were not listed or related to the main problem, but they did cover what they were contractually obligated to cover. Bruce |
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I came here looking for advise on my GMC and somehow feel into this discussion. I can tell you staright up that I love my extended warranty. I bought it late last year from a broker called Auto warranty Associates, in Arixzona. I'll put the web address in later, but anyway I was originally going to buy from my dealer. I bought the Denali used with 30K and they were going to hit me for a little over 3000.00 just to get me to 75K. Finance another 3k in the deal for 6 years and pay interest too, no way. Anyway to make a long story short I went online and talked to at least a dozen brokers or companies. I got prices from 1000.00 uop to 2000.00 for all kinds of warranties. Anyway these guys told me not to be in a hurry that I had 5k left on my warranty take my time and shop. So I did, I read through all the quotes I got and every time I called them they had an answer. It was the most low pressure sale I've ever been in. The warranty company I bought was Ultimate Warranty out of Pa. I have filed one small claim on the cooling system and it was covered. Here is the address for their web site http://www.autowarrantyassociates.com SirBT
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| Tell us if you feel the same way after you make some claims. | |
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Replying to: sirbt (Aug 07, 2004 8:18 am) |
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GM, Toyota, Chrylser, Ford, etc.... warrentees are more expensive -- not because of the the markup -- but because they stand behind thier products. Other companies do not give a darn if you are happy with the car. However, the manufacturers will pay off much easier than other companies. All extended warentees/Service plans have 50% markups. And remember, if the deal is too good to be true, it probably is. |
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Just hope they are still in business when you need them. so many of these warranty companies have come and gone it's impossible to keep track. When something is cheap, there is usually a reason. |
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