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A vehicle service contract (VSC) is often referred to as an “extended warranty,” but it is not a warranty. A VSC does, however, provide repair coverage for your vehicle after the manufacturer’s warranty expires. A VSC is a contract between you and a VSC provider or administrator that states what is a covered repair and what is not. True Auto is a marketer of VSCs and does not sell warranties. VSCs sold by True Auto are agreements between consumers and third party VSC providers, not True Auto

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Auto Extended Warranty Plans - 4 Tips to Help You Avoid the Most ...

  
  
  
  
Shopping around for auto extended warranty plans is tough: the number of companies trying to scam customers has risen in recent years, and scams can seem highly reputable and come to you over the phone, via email, or through the mail. There are ways, however, that you can avoid the worst auto extended warranty scams and find a legitimate company.
  • Be cautious - Take your time when shopping and proceed cautiously. There is no deadline to buying a warranty, as long as you're using you car, you can buy a warranty for it. If a company tries to tell you that it's the "last day" you can buy a warranty, they're trying to scam you. If something sounds suspicious, back off and search for more information on the company from other sources before proceeding.
  • Shop around - Shop around to see what the average prices for different plans are, so you know what to expect from a reputable company. Use a variety of sources to get an idea of which companies are legitimate and which companies have accumulated a high volume of customer complaints.
  • Use the resources available to you - Ask auto clubs (like AAA) or other government organizations (like the National Highway Traffic Safety Association) for lists of certified companies that you can trust.
  • Always speak to somebody in the company yourself - Call the company (don't settle for email) and speak to a real person to find out more about their prices and services. Make sure that what you hear on the phone is the same as what you're seeing online. If you hear discrepancies or sound suspicious, then that should be a warning sign that you're about to be scammed.
In general, the most important thing to remember when shopping for auto extended warranties is to always be vigilant! Shop around, and search online for lists of reputable dealers. Always get as much information as possible on any potential warranty dealer, looking online for reviews from other customers and to see if they have any reports from customers of scamming. As long as you proceed with caution, you'll be fine.

Comments

These are great tips, thanks for the advice.
Posted @ Thursday, August 16, 2012 1:12 PM by Elliott Broidy
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