Buying the car of your dreams is exciting, but it comes with certain responsibilities that include ensuring it receives regular service and repairs. A hassle-free way of ensuring your car receives proper care on time is by purchasing a car warranty for it. However, you must protect yourself against warranty scams when shopping for a suitable car warranty.
Car warranty scams and safeguarding your finances
A car warranty scam refers to a situation where someone tries to cheat you out of your money by impersonating a warranty provider, the manufacturer, or a car dealership and contacting you regarding your car warranty. The usual method used by such scammers is attempting to pressure you into renewing your warranty. They provide compelling arguments, saying that if you do not renew your warranty immediately the cost of repairs and replacements on your vehicle could become much more expensive. They aim to frighten you into taking immediate action without verifying their claims
In most cases, if you begin questioning the scammer about your warranty, they will not be able to provide you with detailed information which should immediately raise a red flag. Find out the ways in which you can safeguard yourself from warranty scams.
Methods to protect yourself from warranty scams
- Research warranty company
Ensure you are certain about the credentials of the car warranty company you intend to deal with before actually going ahead and purchasing a warranty from them. Research online and find out if the company exists. Scammers will often use names that sound similar to well-known warranty providers to fool you into thinking they are genuine. Get as many details as you can about the warranty provider and get online to find out about the company. If it seems genuine, check its ratings and reviews and see what its customers are saying about the services it provides.
- Avoid responding to calls from unknown numbers
A common mode scamsters use to get in touch with you is through a phone call. Be careful about unsolicited phone calls from unknown phone numbers. You may receive calls where the speaker claims to be calling on behalf of your car manufacturer or warranty provider. They may claim your warranty is about to expire and you need to renew it or purchase an extended warranty immediately. Be extremely careful when responding to such calls, particularly if you have not provided your contact details to any warranty providers or the car manufacturer.
- Beware of prices that seem too low
Be extremely vigilant if you feel that the warranty prices being offered to you are much lower than the market rates and are almost unbelievable. In most cases, if the prices are too good to be true, you are probably dealing with a scammer who’s trying to rip you off! If you go ahead with the warranty purchase, you are unlikely to receive the service, repairs, and replacements as promised by the provider. Warranty companies providing genuine services will put prices that are similar to the market rates based on your coverage needs.
- Ignore aggressive sales tactics
A tactic often adopted by scamsters is to aggressively insist that you must purchase a car warranty from them. They may try to convince you that you will have to pay for expensive repair bills on your car if you do not purchase the warranty immediately. They may come up with limited-time deals to make it seem like you will have to pay much more if you forgo the deal. A reliable warranty company will not compel you to purchase a warranty from them without providing complete information and giving you time to consider.
- Be careful when providing personal information
If you receive requests from people claiming to Represent a warranty company for personal details of you or your vehicle, be careful. Never provide details such as your car chassis number/VIN, license number, or debit/credit card details, unless you are certain the person you are dealing with is genuine. Scammers use this personal information for identity theft or to make unauthorized withdrawals from your bank account. Genuine warranty companies will only require your details once you have decided on your warranty plan and are certain you want to purchase it.
Always be cautious of car warranty scams and adopt steps to keep yourself protected. Ensure you research the provider well before dealing with them. If you receive a call about your car warranty, ensure you ascertain its genuineness before acting on the information you receive. Stay away from aggressive car warranty sellers who want you to purchase a warranty immediately without giving you time to consider your choices. These steps will keep you protected and ensure you purchase a car warranty that aligns with your car’s needs and your budget.
MP WARRANTIES: A SECURE CAR WARRANTY PROVIDER IN THE UAE
We are MP Warranties, your reliable car warranty provider in the UAE. You will find a whole host of warranty plans here. Choose one that is the best fit for your car’s needs and also aligns with your budgetary needs. We have highly customizable plans that can be tailored to meet your car’s needs. You do not have to worry about being scammed when you deal with us. We are well-known car warranty providers who have been in the business for many years.
Trust our expertise for the ultimate warranty plan for your car! For details, you can call +971 501 604 953.
