Are vehicle extended warranties a scam?

Are vehicle extended warranties a scam?

If you own a vehicle and a phone, you may receive calls from scammers posing as representatives of a car dealer, manufacturer or insurer telling you that your auto warranty or insurance is about to expire. The call will include some sort of pitch for renewing your warranty or policy.

How do I stop calls about extended car warranty?

You can find the National Do Not Call Registry on the web at DoNotCall.gov. This will help you should you continue to receive unwelcome phone calls not only from auto warranty companies, but other telephone solicitors as well.

Is extended warranty real?

An aftermarket car warranty, also known as an extended car warranty, is an optional service plan that helps cover the cost of certain repairs or replacements after your manufacturer’s warranty has expired. While a manufacturer’s warranty is included at the time of sale, an aftermarket warranty costs an additional fee.

Were calling about your car’s extended warranty?

If you already have an auto warranty, call your provider. The FCC urges call recipients not to respond to anyone who is pressuring them to act quickly or to pay over the phone. If you have done either of these things, move quickly to protect yourself.

Is a service contract an extended warranty?

An auto service contract is a contract to perform (or pay for) certain repairs or services. Service contracts are sometimes called an “extended warranty,” but they’re not a warranty as defined by federal law.

Were calling about your cars extended warranty?

Any legitimate caller will leave a message,” Bartholme said. If you already have an auto warranty, call your provider. The FCC urges call recipients not to respond to anyone who is pressuring them to act quickly or to pay over the phone. If you have done either of these things, move quickly to protect yourself.

What is the best robocall blocker?

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Why do I keep getting calls about my vehicle warranty?

“This is an illegal robocall and likely a scam,” the agency warns. “The companies behind this type of robocall are not with your car dealer or manufacturer, and the ‘extended warranty’ they’re trying to sell you is actually a service contract that often sells for hundreds or thousands of dollars.”

How much is an extended warranty for a car?

The cost of an extended warranty ranges from about $1,600 to $4,500. An auto warranty covers repairs to essential parts and components such as the engine and transmission for a set number of years or miles.

What does extended auto warranty cover?

An extended warranty is actually an insurance policy on your vehicle, a safeguard against expensive, unforeseen repairs. It covers repairs for an agreed-upon period of time and miles. Extended auto warranties are really vehicle service contracts because they cost extra and are sold separately.

Is there such a thing as an extended warranty?

Having a service warranty is a great way to defray the cost of automobile ownership. The key is to make sure the warranty you’re purchasing is valid. A new scam on the horizon is the extended warranty scam.

Is the warranty on my car about to expire?

Many of the contracts simply duplicate coverage available under any existing manufacturer’s warranty. If you receive a letter, postcard or telephone call advising you that your car’s express warranty is about to expire, check with the manufacturer. It could be a car warranty scam.

Do you get a letter that Your Warranty is about to expire?

If you receive a letter, postcard or telephone call advising you that your car’s express warranty is about to expire, check with the manufacturer. It could be a car warranty scam.

Why do I get so many auto warranty calls?

Auto warranty scam calls have to be the most irritating and intrusive in the history of telemarketing. You don’t have to put up with robocalls. You might even be able to get compensated for receiving robocalls. Here are five proven methods to make robocalls stop for good; #3 covers how to report robocalls and get compensated.