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After the FCC sent cease-and-desist letters last month, the number of vehicle warranty scam calls dropped by 60 percent. But don’t expect this relief to last.
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The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
Extended auto warranties often offer other perks not included in a general factory warranty, such as trip interruption insurance and roadside assistance. Auto warranties generally do not cover vandalism or theft, dings or dents, road salt damage, environmental or natural disaster-related damage, car wash damage, or normal routine maintenance. [8]
Warranty Direct was founded by father and son, David McClure Fisher and Duncan McClure Fisher, in June 1997, its sole service was vehicle warranties, primarily for second hand cars and private sales, [5] until 1999, when warranties for Household Appliance were launched.
Take a ride on the frugal freeway. ‘I’ve had 16 free batteries’: This Florida woman used lifetime warranties to continually replace parts on her car for 43 years.
The agency says those fees and tactics cost Americans $3.4 billion per year and add 72 million hours to their time spent shopping for a vehicle. The FTC is calling the new regulation the Combating ...
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