Also beware of unscrupulous dealers who may try to include an auto service contract in your loan without your consent. If you see a fee for a service agreement that you didn`t accept, tell the merchant to enter into it before signing the credit agreement. Compare service contracts with the manufacturer`s warranty. New cars come with a manufacturer`s warranty that usually offers coverage for at least three years or 36,000 miles, whichever happens first. A service contract probably does not offer any benefit until the manufacturer`s warranty expires. Check the documents to make sure this is the case before accepting the purchase of a service contract. Find out who performs or pays for repairs under the terms of the service contract. This can be the manufacturer, distributor or an independent company. Many service contracts are executed by companies designated as directors and which authorize the payment of fees to merchants as part of the contract. If you have a dispute about whether a debt should be paid, contact the administrator. If the administrator leaves the company, the merchant may nevertheless be required to work in accordance with the contract.
The reverse can also be the case: if the merchant leaves the shop, the administrator may be asked to fulfill the contractual conditions. Whether you have remedies depends on the terms of your contract and/or the laws of your state. If you have a problem with a car service contract, first try to resolve the dispute with the provider. If that doesn`t work, talk to your attorney general, the public insurance board, or the local consumer protection agency. You can also file a complaint with the Federal Trade Commission. Victims` site 87113 Type of phishing fraud, under the pretext of “activating a service contract” for your “VEHICLE”. They do not have information about their own vehicle, nor do they provide real or useful information about what they are “selling”, as far as coverage options or prices are concerned. It starts with: “Our statements show that you have not contacted us to activate a transport service contract.” The most disturbing thing is that I navigated to their website to get the “Contact” link, to warn them, to remove myself from their list, just to find that I cannot submit the request, unless I give them the following additional information: name, email, phone, vehicle position, vehicle model, vehicle-kilometre stand, “Cover ID # (letter). and only then can I choose the option to request that tp be removed from your list! Pure phishing scam, because they demand that I give them all the information they lack, but not my mailing address to be removed from their mailing list. So satiated by this bullshit!! If you are buying a new or used car, the seller may encourage you to purchase a car service contract to protect you from unexpected or expensive repairs.
While a service contract may seem like a good idea, it may overlap with the warranty of the vehicle`s existing manufacturer. So before you spend the extra money, research whether a car service contract is useful. Coverage varies widely….