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Automotive Financial Consult. Complaint - Extended Warranty Rip Off

Review by antirip on 2009-01-30
ST. PETERS, MISSOURI -- This company works in conjunction with MEPCO, the lien holders to whom the payments are made and a third company that handles the actual repairs under warranty. The whole thing is a scam. Coverage will most likely be refused due to many disclaimers in the contract (The fine print that most consumers do not read). Customer is supposed to perform 3-4 times more maintenance than required by the manufacturer for this company to honor their warranty.

In other words, the extended warranty for 5 years, at over $2,000, is useless when needed. Customers are prepaying for a warranty that will not be honored in the moment of truth, when you most need it.
Comments:2 Replies - Latest reply on 2009-02-06
Posted by tnchuck100 on 2009-01-30:
I just purchased a used 2002 Chevy Suburban about two months ago. The extended warranty vermin have been stuffing my mailbox with their garbage as well as calling my home phone and cell phone. They care not about the "Do Not Call" list. They spoof the caller ID so as not to be tracked.

Only scam companies expend that much effort to get you.
Posted by antirip on 2009-02-06:
Beware all!! Do not do business with Atomotive Financial consultants (AFC), who sells extended warranties supposedly written by Marathon Insurance, premiums collected through MEPCO Finance, services provided by a fourth party, etc., etc. It sounds too fishy to be legal. The requirements to maintain and honor the warranty are totally unreasonable - to perform preventive maintenance 4-times more frequently than recommended by the manufacturer - TOTAL RIP OFF!!

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