Automotive Financial Consult. Complaint - Extended Warranty Rip Off
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.