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Step 1
Avoid companies that have little history in the auto business. If the company goes out of business, you will have to pay for your own car repairs.
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Step 2
Stay away from any dealership that claims you must buy a warranty in order for your financing to be approved. This is a common scam.
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Step 3
Say "no" if your car salesman tries to pressure you into buying an extended warranty or tells you that you will not be able to buy an extended warranty later.
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Step 4
Avoid scams by keeping your personal information private. Don't give out Social Security numbers or bank-account details over the phone. Don't give credit-card numbers to warranty companies unless you've contacted the company and are positive of whom you are speaking to.
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Step 5
Don't make a down payment before you see the full written warranty and its terms.
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Step 6
Be particularly wary if you are a senior citizen. Some companies target seniors with scams that involve high-pressure sales calls and mailings.
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Step 7
File a report with the Better Business Bureau or the Federal Trade Commission if you feel you have been ripped off or targeted by a scam. Also, report the scam to the United States Postal Service if it involved mail.










Comments
tom12 said
on 2/26/2009 there is a special place in hell for these scumbags
mychica said
on 2/20/2009 I have indeed been receiving calls from some place that says it wants to extended my car warranty. They have been calling since i purchased my car three years ago. Each time they call it is a recording saying it's my last chance or time is running out. However, when I ignore the calls, they keep calling! I finally allowed a call to go through to an operator and informed the guy that I was not interested and to please stop calling me. He said he would take my name off the list, but a few days later, they called again. When I informed the girl that I was not interested and that I had already asked to be removed from the list, she informed me that she had nothing to do with that and then she hung up on me in the middle of my response (and no, I was not rude). So just a word to the wise. I wouldn't buy it now even if I wanted it!