Are you looking for some inside information on extended warranty? Here’s an up-to-date report from extended warranty experts who should know.
This is when the finance supervisor tells you that you are not eligible for the loan by the bank unless you pay an additional $2000 for a 2-3 year extended warranty.
This scam just doesn’t make sense. Basically the finance supervisor is telling you that the bank won’t trust you to pay the $20,000 loan for the car, but they will trust you if you pay even additional money. That just stupid.
If your extended warranty information are out-of-date, how will that affect your actions and decisions? Make fixed you don’t let important extended warranty information slip by you.
You can sidestep this fraud if you can force them to put it in writing that you to pay the extended warranty in order to get the loan.
That way you can bring a copy of the contract to your local State Attorney office to verify that the deal is valid. I can bet that the finance manager will change his tune pretty quickly.
When word gets everywhere about your command of extended warranty facts, others who need to know about extended warranty will start to actively seek you out.