Are you nervous your auto warranty is going to have more loopholes than a circus act? You should be, because with many warranty providers all they care about is making the sale. They have no interest in paying claims. Within their contract, in the terms and conditions, there are often enough loopholes that they can legally deny the majority of their claims.
Read the full article →
If there is something I can caution you about the most when buying a car warranty, it would be that you really need to be aware of the tactics car dealers use. This may come as a shock, but most dealers do not sell warranties that are insured by the manufacturer. They sell independent warranties. They are middlemen and the warranty is marked up for huge profits in addition to the sale of the car. Not only that, but if the car salesman convinces you to add the cost of your warranty to the financing, you’ll pay a lot more for your warranty.
Read the full article →
How to Buy an Auto Warranty that’s “Worth It”
If you are deciding whether to buy an auto warranty for your used car, you may have noticed that the topic has almost started to move into the same category as politics: You shouldn’t bring it up at the dinner table, everyone has their own strong opinion, and there’s really no way to be sure of anything until you pick one and see what happens.