At CARCHEX, rip offs are revealed in all their ugly detail.  Many companies take advantage of customers looking to protect their vehicle with extended warranties.  From paying too much to paying too little and promises broken at every turn, rip offs come in every shape and form.  Sadly, they are not always easy to spot.  The main thing to keep in mind before you spend a dime, do your research.  You should never believe what a company says simply because they say it is the truth.

When a company wants to rip you off, they will tell you anything you want to hear.  This includes promising you they are not scamming you.  A good rule of thumb is if the company seems to be trying too hard or has no proof to back up their claims, shop elsewhere.  You should never be afraid to ask questions.  This includes any questions about the company’s history.  You also have the option to research the company through channels such as the Better Business Bureau.


Any scheme you may encounter has already been researched by CARCHEX.  Rip offs typically appear in two main forms.  The first is offering deep discounts if you buy now.  Coverage costs will be the same whether you buy today or wait a few weeks.  Prices are based on mileage and age of the vehicle.  The second is promising more coverage than anyone else for a higher price.  If it sounds suspicious, avoid it.

Published in by site-admin on April 9, 2015