Beware After-Market Auto Warranties From Third Parties

(tjean314)
The Better Business Bureau sent out an alert that it’s been bombarded with complaints about extended auto warranty companies. Gripes include deceptive sales practices — including high-pressure phone sales tactics to get customers to pay upfront for contracts they can’t see — as well as insurance fraud.
The BBB offers the following advice to keep in mind if you’re considering an after-market car warranty:
*Don’t give out personal info over the phone or email unless you’re ready to buy a warranty.
*Don’t let a salesman force you into making an abrupt decision. Some sales agents offer a better rate if you offer an early commitment.
*If you’re offered a “bumper to bumper” warranty, that language doesn’t necessarily mean the warranty will cover every repair your car needs.
*Read the manufacturer’s warranty to make sure you’re not being sold coverage you already have.
*Check out the business with the BBB at www.bbb.org or by calling 314-645-3300.
If you’ve ever bought an after-market warranty, how did it work out for you?
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