Aftermarket Warranties
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Posts like a Turbo
Joined: Dec 2002
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From: Crystal Lake, IL

Last Year, when I bought my new Bonnie, the factory warranty had expired like two days before the purchase. A bud of mine hooked me up with WarrantyGold.com, which was offering a 5 year/100,000 mile bumper to bumper warranty for something like $1300.
Ok, no brainer. The way the outfit works, you take your car to any mechanic, and they pay him by credit card, less your $50 deductible. (They offer $0 deductible also, but that was more money).
Well, my car started throwing codes (Service ejector seat, clean jet turbine, etc, you know, usual stuff) so I called them to let them know I was going to take the car in. Turns out, their insurance carrier is in recievership. That'* Bankruptcy, for all you non-lawyers. So, be careful. I think the aftermarket warranties are a great idea, but do your homework before buying.
Ok, no brainer. The way the outfit works, you take your car to any mechanic, and they pay him by credit card, less your $50 deductible. (They offer $0 deductible also, but that was more money).
Well, my car started throwing codes (Service ejector seat, clean jet turbine, etc, you know, usual stuff) so I called them to let them know I was going to take the car in. Turns out, their insurance carrier is in recievership. That'* Bankruptcy, for all you non-lawyers. So, be careful. I think the aftermarket warranties are a great idea, but do your homework before buying.
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Ol' Timer
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Nov 26, 2004 08:05 AM



