In our fast-paced world, it’s easy to fall prey to various scams that seem legitimate on the surface. One such scam that’s making rounds is the car warranty scam. This scam targets unsuspecting car owners with offers of extended warranties that are often too good to be true. In this post, we’ll delve into the details of these scams, how they work, and how you can protect yourself.
How the car warranty scam works
Car warranty scams typically start with a phone call or message from a so-called representative of a car dealer, manufacturer, or insurer. In 2022, the Federal Communications Commission banned these types of calls, but the bad guys don’t always pay attention to the law. In one of these calls, the scammer may claim that your auto warranty or insurance is about to expire or has already expired. Using this ploy, they hope to create a sense of urgency.
The scammer may employ high-pressure sales tactics and fear-mongering techniques to deceive and manipulate victims into purchasing a fraudulent warranty. They often resort to sending deceptive mail, email, or text messages, luring individuals with false promises of extended car warranties. It is important to be vigilant and aware of these scams to protect yourself from falling prey to their dishonest practices.
Here’s the catch: legitimate car warranty offers will typically come directly from your car dealer or manufacturer and won’t force you into making an immediate decision. If you receive a suspicious call or message, don’t provide any personal information or make any payments. Instead, hang up and contact your car dealer, manufacturer, or insurer directly to verify the information.
Stay vigilant to avoid the scam
Navigating through the world of auto warranties can be tricky, but with the right knowledge, you can steer clear of scams. Remember, always take the time to verify unsolicited offers and don’t let high-pressure tactics rush you into decisions. Did you miss last month’s scam tip? Use this link to visit Super scary Halloween scams now.
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Shirley Southern says
Been scammed I think. Not sure Car Shield is legitimate.
Jan says
Oh, I love to mess with these callers as at one time our newest car was almost 21 years old! Haven’t had any calls lately.