Benefits of “Factory” Extended Auto Warranties
Today, the popularity of the internet continues to change the way companies do business, and domestic auto manufacturers have allowed selected authorized dealerships to sponsor and sell their factory-backed extended warranty plans through online outlets. So the customer wins because now you don’t have to purchase your GM Protection Plan, Ford Extended Service Plan, or official Chrysler Service Contract from your local dealership at retail prices.
With a little effort you can save hundreds of dollars by purchasing your factory extended warranty plan from an authorized online provider. These factory extended warranties are identical to those sold at retail price in GM dealerships nationwide. Claims on mechanical and electrical failures may be made at any of the thousands of franchised GM dealership in the United States and Canada.
Many people prefer the factory-sponsored extended warranties over “dealer-owned” or aftermarket used car warranties for their security and ease of use. For example, any Ford, Lincoln or Mercury dealership service department will instantly recognize the official Ford Extended Service Plan and will start repairing your car without delay. You’ll receive the same service with the GM Protection Plan and Chrysler Service Contracts. Dealership service writers and mechanics often prefer working with their manufacturer-extended auto warranties because they are familiar with the factory procedures. They also know they will be paid on time. Dealerships hate the slow payment procedures some aftermarket extended warranty companies provide. The ease and familiarity of the repair process usually gets you back on the road sooner. That’s good news for you and the repair facility.
If you own or are purchasing a GM, Ford, or Chrysler vehicle and your dealer offers to sell you aftermarket warranty protection, you may first want to check online and receive discount pricing on official GM, Ford, or Chrysler factory auto warranty plan.
Should you buy at your local dealership or shop online for your extended service contract?
Just how much is too much to pay for an auto extended warranty? These tips will show you the true cost.
Car Extended Warranties – Get the Right One
A majority of auto shoppers typically buy a car extended warranty at the same place they purchase their automobiles. But now vehicle extended warranties are being sold online in large quantities. Many online extended car warranty companies have excellent products and are able to beat dealership pricing. Here is a friend’s story of his personal experience with his local dealer and how he ended up on top of the situation.
I’m now proud owner of a beautiful Chevrolet Silverado pickup truck. I bought it at my local Chevy dealership and was especially happy of the way I handled my negotiations. This time I had finally won the price battle. I had surely escaped the dealer’s hungry jaws for profit, right?
The Extended Warranty Sales Pitch
I was escorted down a long hallway and into the financing office where my salesperson sat me across the desk from the finance manager. The finance manager presented me with an auto extended warranty brochure and before I knew it, I was listening to a sales pitch on the benefits of extending warranty coverage on my Chevy truck.
It seems like every media source implies I’ll get ripped off when buying at a car dealership. So far my negotiations have gone well. This must be the time and place where it’s going to happen!
Extended Warranty Contracts May be Valuable
The finance manager’s extended warranty presentation was informative and I was reminded how complex and expensive many of the automotive components can be to fix. I thought to myself: “If he offers this extended warranty plan to me at a fair price, I believe I’ll buy it”.
Brand “X” Aftermarket Extended Warranty Plans
I felt sticker shock at hearing the price of their extended warranty plan. Adding to my uneasiness was the realization that the warranty plan they offered was an aftermarket warranty company, a plan not backed by General Motors. The finance manager, George, added that the dealer’s warranty plan “was just as good as the factory plan”. I felt bothered about that comment. I’ve always received great service from the General Motors Protection Plan and had been told how some aftermarket extended warranty companies had poor claims service.
The Genuine Factory GM Extended Warranty
I felt the pressure to buy right then. I hate that feeling. The tension between both of us in the room was so thick you could have cut it with a knife. I responded; “No thank-you, I’m not interested”. On that day, I avoided the additional profit my GM dealer was searching for.
Later I was happy to discover an online source to get the official GM Protection Plan at a discount price. There are a few selected and authorized division dealerships online who will sell you a genuine factory-backed extended warranty at deep discounts.
I visited www.ridgewaychevygmpp.com and received great service. The warranty specialist answered all my questions and processed my purchase quickly and efficiently. In my search I discovered factory warranty outlets for Ford and Chrysler at: www.warrickFordWarrantyOnline.com and www.ChryslerWarrantyOnline.com.
Many do not know that they may purchase factory extended warranties online and at cut-rate pricing. Learn how to bypass high prices from your local GM, Ford or Chrysler dealer.
Want to find the best auto extended warranty for your automobile and budget? Learn the inside track here.
How to Steer Clear of Extended Warranty Scams
Recently there’s been an explosion of aftermarket extended car warranties companies making wonderful claims on TV and the radio about hassle-free auto warranty protection. Sometimes these folks will even call you at home. Beware of an extended auto warranty scam. The Federal Trade Commission, the nation’s consumer protection agency, urges you to be skeptical of mail and phone calls warning that the warranty on your car is about to expire. I can’t stress this enough: stay away from high-pressure warranty companies.
The People Who Call You Often Misrepresent Themselves
The companies behind the mail and calls selling extended car warranties may give the impression that they represent your car dealer or manufacturer. This is an extended auto warranty scam. Using phrases like “Motor Vehicle Notification,” “Final Warranty Notice” or “Notice of Interruption,” they try to make the offer seem urgent as they pressure you to call a toll-free number for more information. But it’s more than likely that these pitches are from unrelated businesses.
If you respond to a call from a business pitching so-called extended warranties, you’re likely to hear high-pressure sales tactics, as well as demands for personal financial information and a down payment, before you get any details about the service contract. And if you end up buying car extended warranty, you may find that the extended auto warranty scam company behind it won’t be in business long enough to fulfill its commitments.
You Can Fight Back Against The Extended Auto Warranty Scam
If you think you’ve been victimized by an extended auto warranty scam, file a complaint with the Federal Trade Commission. Although the FTC does not intervene in individual disputes, the information you provide may indicate a pattern of possible law violations requiring action by the Commission. http://www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt155.shtm
The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices in the marketplace and to provide information to help consumers spot, stop, and avoid these scams. To file a complaint or to get free information on consumer issues, visit ftc.gov or call toll-free 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters consumer complaints into the Consumer Sentinel Network, a secure online database and investigative tool used by hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
Auto Warranties Companies Ignoring the National Do Not Call Registry
If your telephone number is on the National Do Not Call Registry, a salesperson may call you only if you have agreed to accept calls from his company, if you have bought something from the company within the last 18 months, or if you have asked the company for information within the last three months. To report violations of the National Do Not Call Registry or to register a phone number, visit DoNotCall.gov or call 1-888-382-1222.
