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car shield
Does anyone have nay advice for Car Shield warranty!
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Just look at the BBB reports and then do a Google search on Car Shield reviews. I did this several months ago, the negative reviews were so bad I would never consider this company. Disclaimer: I generally do not believe in extended warranties.
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I think extended warranties for anything are a ripoff. Typically, they only spend about 8 percent of the premiums they collect for repairs. I like the television commercials where Chris Berman says how glad he is to have Car Shield to protect him from costly car repairs. The guy has a net worth of $30 million. Do you really think he needs Car Shield?
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Why do you think you need car shield? Do you really think that buying insurance is cheaper than getting your car repaired if there is an issue? even if the insurance will pay for the repairs.
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I always thought that Chris Berman ad was funny, thanks for reminding me I just ad to laugh about it again
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I follow consumer agencies advice that extended warranties, are almost never worth it. And the more they bombard with advertising, the more cautious I am and likely to steer clear.
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Like any insurance policy, insure what you can not afford.
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I bought my 1st ext warranty on a used MB 7 years ago. It took 1 week for it to pay for itself. The rear window would not go down when I put the top down. Repair cost over $2000. my deductable $200. On my new truck I waited until the factory warranty was due to expire and went back to the dealership where my brother has worked for 15+ years and had them write a ext warranty. Much better than car shield less money. The service writers say car shield is terrible and advised to stay away.
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I would never recommend additional warranty. Either pay the repairs or buy a different car.
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Buy a good car and take care of it and in the long run extended warranty not worth it.
Actually it is worth it for the companies selling it. Purchased an air fryer a few weeks ago and the cashier to sell me an extended warranty. Wonder how much in commission she gets if she finds a sucker. |
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Every time I get that call for my extended car warranty I ask how much for my Rambler and they hang up on me. If I was to buy an extended warranty I would buy from the dealer.
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:1rotfl: |
Does anyone know how I can stop phone calls giving me the last chance to renew/buy a warranty on a car I haven't owned in years? Interestingly most come from an area code I recently called. My only solution at this point is not answering calls unless it's from a valid Caller ID that I know and let others ring through to my answering machine which they almost never do. Blocking the numbers doesn't help since they seem to have an endless supply, registering on the Do Not Call List doesn't help, and strongly venting on a person that answers on the other end only frustrates me and probably puts me on a Do call list to annoy.
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Funny you should mention extended warranties, I just took delivery of a new Tesla. After reading your post I realized nothing was mentioned about selling me an ext. wty. Strange because new car dealerships really push them.
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I had a client that owned a car dealership. He told me that there is not an extended warranty that is worth the money. That is why his salesmen pushed them so hard.
Another thing is fabric protection on furniture. Stores make huge profit on this stuff and it's not different than buying a can of Scotchguard. |
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Almost never buy an extended warranty for cars from the original manufacturer. I say almost because specialty and high horsepower vehicles can make sense. I would never buy an extended warranty on a naturally aspirated engine for a common car, like your basic Toyota or Honda or whatnot. I did get the extended warranty on my WRX because it had a turbo. It was a commuter car and not something I raced or ran hard. At 71k miles the turbo failed despite me changing the oil well ahead of the mfg recommended interval(MFG was 6k miles, I was doing it around 3k). I paid $99. The warranty from the dealer was a Subaru warranty and was only about $800. There were a couple other repairs, the major one being the AC condenser. All together, I was around 3k ahead of the game after deductibles and warranty cost. Most of the time however, extended warranties are ADP. Additional dealer profit. |
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Do this while walking around my house getting my daily steps in. |
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