| Author |
Message |
trainfan1
Guest
|
 Posted:
Sun Dec 11, 2005 11:58 pm Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
DTJ wrote:
| Quote: | On Sat, 10 Dec 2005 06:27:44 -0500, "maxpower"
damnnickname@yahoo.com> wrote:
LESSON LEARNED!!! NEVER BUY AFTER MARKET SERVICE CONTRACTS. If I could tell
you how many aftermarket contracts went out of business and left the owners
with nothing. It happens and it happens to often. Buy the manufactures
extended warranty.
Don't ever buy any extended warranty. They are all a rip off.
Studies have shown that they are pure profit for the seller, and
almost never of value to the consumer.
|
That is why they are even available... If it always put the customer
ahead, the industry would disapper. I have never purchased one myself,
but I have recommended it based on the vehicle.
Examples: Blazer / Jimmy / Trailblazer / Envoy? Better get a warranty.
Parts prices have come down a lot over the past few years, but on the
Blazer/Jimmy, you WILL replace the front hubs. they were ~$400.00, now
around ~$200.00. The 4L60E transmission in the S10 series vehicles gets
tortured somehow - the sun shell breaks & strips... & valve body issues
abound... $450.00 part (coming down). Trailblazer/Envoy problems are
coming up now too.
All-wheel drive Venture vans & siblings - get a warranty. These will
nickel, dime, dollar & C-note you to the poor house.
Any GM V Engine w/ DexCool, esp. 4.3,3.4,3.1 V-6 & 4.8,5.3,5.7 V-8 is
going to need intake gaskets changed out. Some iron heads - 4.3 & 5.7
esp., will need replacement too due to corrosion issues w/ DexCool and a
faulty gasket design.
Crown Vic or Taurus? No warranty needed, for example. Explorer?
Better get one - esp. 2002 & up models for driveline issues. Almost all
97-up OHC 4.0 will eventually throw a CEL/SES light for intake gasket
leaks(poor cold idle comes along with this). Chain tensioner will have
to be updated too when it gets noisy.
The 32 valve Ford Triton 5.4 has a particularly nasty engine miss issue
that results from sticking valves in the guides. The body must come OFF
your Navigator to do this job!
It really depends on the vehicle.
"NEVER buy a warranty" is too strong a statement.
Rob
|
|
| Back to top |
|
 |
John S.
Guest
|
| Posted:
Mon Dec 12, 2005 12:16 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
Steve Horrillo wrote:
| Quote: | I've been done wrong by 1SourceAutoWarranty.comon every single claim I made.
They owe me substancial $$$. I now hear rumor that they are gong out of
business. I wanted to file a class action suit after my warranty expired. I
have been contacted by at least 12 people who wish to do the same.
They are supposedly underwritten i Hawaii. Any suggestions? Anyone else
interested in joining the lawsuit?
--
Warmest regards,
Steve Horrillo
|
The ONLY after market warranty I would buy would be one underwritten
through the car manufacturer, just because of the problem you
described. Sorry you got burned. If the company has any assets or was
able to re-insure some of its risk then you may eventually get some
money in a class action lawsuit. If you can convince some good lawyers
to take it on, then I wish you the best of luck.
Some of us like the certainty of prepaying repair costs and thereby
capping them. The reality is that most people will incur far less
covered repairs than they pay in premiums. |
|
| Back to top |
|
|
Dan C
Guest
|
| Posted:
Mon Dec 12, 2005 12:38 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
On Sun, 11 Dec 2005 10:52:41 -0600, DTJ wrote:
| Quote: | LESSON LEARNED!!! NEVER BUY AFTER MARKET SERVICE CONTRACTS. If I could tell
you how many aftermarket contracts went out of business and left the owners
with nothing. It happens and it happens to often. Buy the manufactures
extended warranty.
Don't ever buy any extended warranty. They are all a rip off.
Studies have shown that they are pure profit for the seller, and
almost never of value to the consumer.
|
Bullshit. I've used extended warranties several times on my vehicles
(both Dodge and Chevy), and they've paid for themselves several times over.
--
If you're not on the edge, you're taking up too much space.
Linux Registered User #327951
|
|
| Back to top |
|
|
trainfan1
Guest
|
| Posted:
Mon Dec 12, 2005 1:36 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
John S. wrote:
| Quote: | Steve Horrillo wrote:
I've been done wrong by 1SourceAutoWarranty.comon every single claim I made.
They owe me substancial $$$. I now hear rumor that they are gong out of
business. I wanted to file a class action suit after my warranty expired. I
have been contacted by at least 12 people who wish to do the same.
They are supposedly underwritten i Hawaii. Any suggestions? Anyone else
interested in joining the lawsuit?
--
Warmest regards,
Steve Horrillo
The ONLY after market warranty I would buy would be one underwritten
through the car manufacturer,
|
Again - this is too rigid a position... especially when the vehicle is
no longer eligible for a MFG warranty. If you do your research, you can
buy a good warranty from the aftermarket.
Rob |
|
| Back to top |
|
|
John S.
Guest
|
| Posted:
Mon Dec 12, 2005 2:48 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
trainfan1 wrote:
| Quote: | John S. wrote:
Steve Horrillo wrote:
I've been done wrong by 1SourceAutoWarranty.comon every single claim I made.
They owe me substancial $$$. I now hear rumor that they are gong out of
business. I wanted to file a class action suit after my warranty expired. I
have been contacted by at least 12 people who wish to do the same.
They are supposedly underwritten i Hawaii. Any suggestions? Anyone else
interested in joining the lawsuit?
--
Warmest regards,
Steve Horrillo
The ONLY after market warranty I would buy would be one underwritten
through the car manufacturer,
Again - this is too rigid a position... especially when the vehicle is
no longer eligible for a MFG warranty. If you do your research, you can
buy a good warranty from the aftermarket.
From what I've seen the prices of manufacturer and non-manufacturer
post-warranty policies are about the same. There is no reason I can |
see to go with some relatively unknown post-warranty company when a
comparable policy can be had through Ford, Caddy, Volvo, etc. Less
hassle when it comes to claims and less risk they will go out of
business.
And the queston of whether extended warranty coverage makes financial
sense at all is completely separate. Those policies are not free and
chances are most consumers will pay much more in premiums then they
collect in reimbursed repair work.
Does anyone know if the warranty company mentioned by the OP has
actually indicated they were having financial problems? Or is this
just someone having problems collecting for what he thinks are covered
claims. |
|
| Back to top |
|
|
Guest
|
| Posted:
Mon Dec 12, 2005 4:40 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
"Shawn Hirn" <srhi@comcast.net> wrote in message
news:srhi-1BF962.08015011122005@news.giganews.com...
| Quote: | In article <1134302973.434404.244050@g44g2000cwa.googlegroups.com>,
gosinn@gmail.com wrote:
The only people who gain anything from lawsuits are the lawyers
Wrong!
|
No, he is pretty much right. Sometimes even the lawyers lose, but it is
rare for a shark to starve when there are so many mullet around. |
|
| Back to top |
|
|
DTJ
Guest
|
| Posted:
Mon Dec 12, 2005 5:16 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
On Sun, 11 Dec 2005 12:58:31 -0500, trainfan1
<lmsearing@usdatanet.net> wrote:
| Quote: | That is why they are even available... If it always put the customer
ahead, the industry would disapper. I have never purchased one myself,
but I have recommended it based on the vehicle.
|
snip of examples of cars only an idiot would buy
| Quote: | "NEVER buy a warranty" is too strong a statement.
|
Nope. Why would you buy something you know is a piece of shit? Did
somebody smack you in the head when you were little? |
|
| Back to top |
|
|
trainfan1
Guest
|
| Posted:
Mon Dec 12, 2005 6:06 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
DTJ wrote:
| Quote: | On Sun, 11 Dec 2005 12:58:31 -0500, trainfan1
lmsearing@usdatanet.net> wrote:
That is why they are even available... If it always put the customer
ahead, the industry would disapper. I have never purchased one myself,
but I have recommended it based on the vehicle.
snip of examples of cars only an idiot would buy
"NEVER buy a warranty" is too strong a statement.
Nope. Why would you buy something you know is a piece of shit? Did
somebody smack you in the head when you were little?
|
NOT ME... I have not, and would not buy ANY of those vehicles. Where
did you get that idea?
It seems some people are just set on getting a certain car, I say "get a
warranty". Recent advice was for an Audi Allroad... the guy HAD to have
the car - he was buying it off his own lease. Ended up with a $2700.00
+ 0 deductible warranty - it will probably pay for itself. You just
can't change some people's minds...
Rob |
|
| Back to top |
|
|
maxpower
Guest
|
| Posted:
Mon Dec 12, 2005 6:10 am Post subject:
Re: 1SourceAutoWarranty Going Out of Business??? |
|
|
"DTJ" <none@nowhere.com> wrote in message
news:n1mop1tousok07c9r11oc7iuc24rnju5u9@4ax.com...
| Quote: | On Sat, 10 Dec 2005 06:27:44 -0500, "maxpower"
damnnickname@yahoo.com> wrote:
LESSON LEARNED!!! NEVER BUY AFTER MARKET SERVICE CONTRACTS. If I could
tell
you how many aftermarket contracts went out of business and left the
owners
with nothing. It happens and it happens to often. Buy the manufactures
extended warranty.
Don't ever buy any extended warranty. They are all a rip off.
Studies have shown that they are pure profit for the seller, and
almost never of value to the consumer.
|
Hmm. does this go true for health Insurance also? |
|
| Back to top |
|
|
|
|
|
|
FAQ
Memberlist
Register
Profile
Log in to check your private messages
Log in