After seeing their ad on TV a million times, I decided to ask for more information, as their ad and website were wonderfully vague. I submitted online, and eventually got a call back.
I spoke to a rep named B*****n. He said that they negotiate with repair shops and dealerships as a warranty company, and can usually get a price up to 30% lower. I told him about my old P1870 code and that the transmission was on its way out, and said that the engine and body were in impeccable shape thanks to "some Internet car club." For my 1997 SE with 155,000 miles and a dying transmission (yes, I was honest, just for kicks), it would cost me $299 a year. When I told him that I didn't need 24/7 roadside assistance (thanks, AAA), he lowered the price to $239.
(For what it'* worth, my company sometimes picks up jobs from the Staples and Best Buy warranty company, so I know how these operations work. I'm one of the guys they send out to fix broken printers in Connecticut.)
For a transmission rebuild, local shops have quoted me anywhere from $1800 to $2500. One shop, to buy, check, and attach a used transmission for a CCSU
student (his daughter attends), would cost $1250, but that was based on the part cost he pulled up. Up to 30% off from StopRepairBills.com could save up to $750 on a full rebuild, well more than the cost of the membership.
It sounds too good to be true.
Unfortunately, I started smelling snake oil showed when I thanked the sales rep for his time and said I'd call back. He then said that he would give me his "family/friends discount," lowering the price to $199. I tried explaining that I have no credit cards ("I don't have any either"), rent due next week ("yeah, me too"), and plenty of bills ("the economy is bad, but can you afford a transmission?"). I told him that if I could pay monthly installments (which would be $16 a month), we'd have a done deal, but he skirted around the question every time. Eventually, I got sick of playing telephone with him and hung up.
Has anyone else used or looked at this company? It seems like a good deal, unless one of the more transmission-friendly members here suddenly owe me a favor. However, it was painfully obvious that the sales rep worked on commission, and that left a sour taste in my mouth.