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The scam calls that are harder to identify come from a real, human caller who shares accurate details about your current car make and model, mileage, insurance, and current warranty.
Motor vehicle service contract scams, also known as extended auto warranty scams, aim to deceive you into purchasing a worthless contract. These contracts often come with terms that make it ...
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.
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.
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The parts ...
The Office of Fair trading investigated the extended warranty market again and published a market review in 2012. They said that the UK market is worth an estimated £1billion [13] a year. Out of this £1billion they estimate 75% of people do not compare prices before buying an extended warranty.
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