Tag Archives: Vehicle Service Contract

Beware of auto warranty company that solicits over the phone, scams customers

The BBB says to be cautious the next time you get a call that your new car warranty is about to expire.  Companies selling Vehicle Service Contracts are not all reputable.

Source:  http://www.cw6sandiego.com/beware-of-auto-warranty-company-that-solicits-over-the-phone-scams-customers/

Get Used Car Warranty and Breathe Easy

Purchasing a used car warranty is like getting stranded on an alien place, where you do not know which direction to follow. Television commercials, these days are filled with plenty of used car warranty advertisements…

Full Article:  http://blogs.christianpost.com/health-life-tech-news767/get-used-car-warranty-and-breathe-easy-27799/

 

Former Nissan Dealer to Pay $101,986 for Deceptive Practices

The NY AG’s office has reached a settlement with the previous owner of Saratoga Springs Nissan LLC.  requiring the former car dealer to pay over $100,000 in restitution to 119 consumers who were charged illegal fees and/or subjected to a variety of deceptive sales and advertising practices, according to an Attorney General press release.

Source:  http://www.fi-magazine.com/news/story/2016/06/former-dealer-to-pay-over-100-000-for-deceptive-practices.aspx

Beware of Car Dealership Sales Contracts

According to Consumer report you should carefully read the contract when buying car or truck – or you could end up paying more than you expect.

Full Article:  http://www.consumerreports.org/shopping/beware-of-car-dealership-sales-contracts/

F&I strategies for slow-growth days

F&I profit likely hasn’t reached its peak, insiders say, but most agree that its growth will slow. To maintain strong F&I revenue, dealerships should ensure that they offer the right product mix, thoroughly understand the products and the…

Full Article:  http://www.autonews.com/article/20160622/FINANCE_AND_INSURANCE/306229994/fi-strategies-for-slow-growth-days

Personal Safeguards Group Releases 2016 Service Contract Retail Estimates

Personal Safeguards Group, LLC releases its US Service Contract Revenue Estimates for 2016
All sales reflect retail price of contracts.

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Utah Amends Service Contract Regulations

Utah Code, 31A-6a, Chapter 6a Service Contracts has been amended and expands the definition of a Service Contract Reimbursement Policy or Reimbursement Insurance Policy to now read:

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What You Need to Know About Certified Pre-Owned (CPO) Car Programs

Great article outlining benefits and options for Certified Pre-Owned Programs.

Source:  http://www.caranddriver.com/features/what-you-need-to-know-about-certified-pre-owned-cpo-car-programs-feature