You said it all when you admitted that you make money selling these bogus used auto "insurance" repair policy's. You're also correct that used car dealers can't go wrong selling these policy's, but buyer's sure can. If you can read, you better read and understand every word in the "warranty." The seller has no obligation to explain it to to you. Also, get your financing before you shop for a vehicle, carefully inspect the vehicle and don't pay more than it's worth and what will it be worth when you pay off the loan? DO NOT use your vehicle as a trade in. This is another area where dealers make money off of YOU. They'll give you low book for yours (if your lucky) and expect you to pay high book for theirs. They know you get hooked when you see a car you can't live another day without.
@honestbrute9216 Жыл бұрын
That’s why you feign interest. Make a deal for the out the door price for the car first. Don’t even mention the trade in until you get the price you want
@seanwoodson114310 ай бұрын
@@honestbrute9216exactly
@606pretty11 күн бұрын
I viewed this Content till the end!! Very informative!However @m residing up here in NYC,and haven't heard of your recommendations!
@TIMBHMAXX22 Жыл бұрын
just found your video, it's really great and very informative. I wanted to ask you which extended warranty company would you yourself have a family member buy and put on their personal car? and why? thanks for the advice.
@gladegoodrich22972 жыл бұрын
30+ years selling thousands of vehicles. Never would sell extended warranties and missed out out on a lot of dealer profit. Just couldent do it and have a clear conscience. I think all of them are a bunch of thieves!
@LouisonAutomotive2 жыл бұрын
Sorry to hear that, new video coming Tuesday on warranty
@rayberger26942 жыл бұрын
There is always a reason why they will not pay to have your car repaired, some if not all also have a discovery fee to find out what is wrong with the car and that fee is not covered. There just always seems to be some reason why they will not pay. Watch some youtube videos about it.
@r2ba435 Жыл бұрын
I must’ve lucked out I had no trouble with my last two and one of them is rated pretty bad. They always paid out with no issues I just paid the deductible
@goodluckgroup11 ай бұрын
@@r2ba435which Extended warranty company was that bro
@JamarD4212 ай бұрын
WHICH WARRANTY COMPANY YO? @@r2ba435
@jerryfacts97492 жыл бұрын
Thanks for the advice! Most third party warranty companies cannot be trusted. I had bad experience with this.
@LouisonAutomotive2 жыл бұрын
Sorry to hear that, new video coming Tuesday on warranty
@BillAnt Жыл бұрын
I just watched a couple really bad reviews for CarShield and Ox refusing to pay for normal stuff like a cracked flywheel repair. Yikes!
@r2ba435 Жыл бұрын
I’ve had good luck with my last two. Thank god never denied a repair and my charger ate up double what I paid for the warranty
@thakideli2994 Жыл бұрын
@@r2ba435 what kind of changer do you have and what company did you go with
@Matthew-cz3gk Жыл бұрын
ACS Warranty is amazing!! Most companies don’t pay for seals and gaskets but they did. It would have Been a $1300 repair for oil pan gaskets for my 2014 Mercedes but they covered it all. Thank the Lord Jesus because I was not willing to part with that much money.
@robertwhite98986 ай бұрын
I’ve heard that if you decide on an extended warranty buy a manufacturers warranty. Most & formost read the fine print keep in mind wear idems are not covered such as brake pads. Keep records on maintenance. Just to on be on the safe side. Know what the deductible is . Yes all manufacturers do have an extended warranty.
@williamrobertsii2 жыл бұрын
Though I haven't needed a warranty repair yet, I did get into a 24 month payment plan for a 100k mile warranty with Assurance months ago. I wonder if I'll be kicking myself later for this decision, and I too feel warranties in general are a waste of money.
@thurstonpowell86872 жыл бұрын
you appear to have given us our current president as well
@r2ba435 Жыл бұрын
Good luck assurance didn’t give me any trouble though when I had some electrical issues with my Infiniti. One of the repairs was over 1k parts and labor
@rickylanding83793 ай бұрын
Not having Warranties after 100,000 miles is just retarded. That's when all your parts start to wear down 100,000.
@rickylanding83793 ай бұрын
@@thurstonpowell8687😂😂🤣😅🤣😂😂
@joseguadarrama255 Жыл бұрын
THOUGHTS on UAL coverage! Thank you.
@nel289511 ай бұрын
very good information , Thank you. Lubrico seems the best option for all due to is the only one company that will sell directly to the privet used car buyer. The rest you can only get it at the dealer you purchase the vehicle
@obieeetleb776411 ай бұрын
How much is the kickback for the dealer on a warranty
@it1988a6 ай бұрын
Warranties can only be issued by the vehicle manufacturer. Look it up if you have to.
@davewayne12173 ай бұрын
What Warranty Covers California you did not mention that
@2ndAmendProtector2 жыл бұрын
Thanks for the video. Do these top three companies usually drop a customer after they have a big repair like a new engine or tranny? Can we choose any ASE certified shop for the repair work to be done?
@LouisonAutomotive2 жыл бұрын
No they will not drop you, and as long as the shop is approved by the warranty company first, you can use it.
@SycaShow2 жыл бұрын
No.. go to CNA
@LubaLuba110 ай бұрын
So warranty should not have any deductibles I wish he gave more examples on price and coverage
@iverb2 Жыл бұрын
Does People's Choice work in USA?
@Allintn222 жыл бұрын
Not sure what warranty company I have I bought a used 2018 ram with 60k miles transmission went out about 4k miles later I paid $100 deductible the covered the rest no problem
@LouisonAutomotive2 жыл бұрын
Cool. It feels good when having that warranty now!
@bonmam95112 жыл бұрын
What company did you have ?
@slrroute2 жыл бұрын
We need to know . Find out For us please
@soalshakersvideos2 жыл бұрын
What ever you do never sale master tech owned by American financial. They will refuse to pay for repairs covered under warranty and then cancel the warranty on top of that. I took my truck in for service around every 4k miles above and beyond the 6k required. Had problem with truck and they refused to cover and the voided my warranty.
@cregister94162 жыл бұрын
U
@cregister94162 жыл бұрын
Hi guy yyy
@MusicConnoisseurian2 жыл бұрын
Though i wouldn't do it again, via the dealer, I'm up ~$2.5k depending, but probably netted out if I'd just paid for the work+do the easy stuff myself. Next time I'd just use toyota extended warranty bc mastertech has oil leak exemption at 100k miles, i didn't realize initially.
@victorallen6480 Жыл бұрын
Honestly, that was a straight forward genuine extremely informative video. Just had to replace some part on my 2008 Jeep! Had no idea about the warranty companies being insured I guess so to speak! Thanks man.
@jayholm21422 жыл бұрын
These warranties can only be purchased through a shop? Not directly? I live in Texas, do People's Choice Warranty and Lubrico have warranty coverage in Texas?
@LouisonAutomotive2 жыл бұрын
Yes, this warranties can only be purchased from your dealer.
@jayholm21422 жыл бұрын
@@LouisonAutomotive does it work in Texas, and cover something like the catalytic converter?
@LouisonAutomotive2 жыл бұрын
This are Canadian companies, you can only buy in Canada but you can still process a claim in Texas, most warranty doesn't cover catalytic, unless you upgrade to get emissions system cover too.
@izolatindal41682 жыл бұрын
@@jayholm2142The Storm is passing over
@sandorkis82903 жыл бұрын
Hi there I got a Rebuilt title vehicle, It a Chevy. It's a 2019 chevy pretty new with 25 km on it. I went to my local dealership to fix something on the car wich should be under warranty! The dealership told me that I lost all the factory warranty on the car because it has a rebuilt title. Is this true? If someone buys a rebuilt title car thay loose all warranties? I would appreciate if u would let me know what u know about this topic. Thanks
@LouisonAutomotive3 жыл бұрын
Yes, unfortunately, when a car is branded rebuilt, the remaining factory warranty is automatically cancelled.
@sandorkis82903 жыл бұрын
@@LouisonAutomotive thanks for your quick reply!
@TheKondicional3 жыл бұрын
Can you tell me what you were going to fix under warranty? I believe there is always a 'gap' where somehow you can fight for your rights and even when warranty was voided after the tittle was given, you could get job done! It should be they thing to care about the customer no matter what! I was always told - does not matter who is right, customer is customer and them are always right!
@sandorkis82903 жыл бұрын
@@TheKondicional What I needed from the dealer is engine oil cooling hose . Wich is under warranty In normal situation. Anyway I got the part from a parts store and the part has been replaced. Maybe I could've figh for the warranty. But I was clearly told that the warranty was removed since the car have a rebuilt title. The car runs perfectly no issues at all.
@leooz80712 жыл бұрын
You got screwed...NEVER buy rebuilt unless you are a vehicle mechanic and /or enthusiast .
@sammyice415711 ай бұрын
Which island you from Nassau or GB 🇧🇸
@KayKashi2 жыл бұрын
My car stalled out and had to be towed home. Getting it to a shop next week. I have Wynns plus. But they have terrible reviews that say they deny 90% of claims
@Barbara.7142 жыл бұрын
I wish I had done research on car sheild.In my opinion look for the reviews before choosing that company.Its worth it in the end.
@KayKashi2 жыл бұрын
@@Barbara.714 wound up fixing it myself
@KevinWilliams-gx7zh2 жыл бұрын
@@Barbara.714 Find a mechanic with knowledge then you good or work with the company
@definitionXrp2 жыл бұрын
can you have a messed up transmission sign up for plan then make a claim? my car drives but has bad transmission...can they deny me? how would they know?
@coolme241 Жыл бұрын
Same got anything ?
@rickylanding83793 ай бұрын
Stop talking right now. Go delete your comment. If you know your shits going out get the warranty even if it breaks fully and you gotta park the car till your probation period is up n get your shit fixed
@rickylanding83793 ай бұрын
@coolme241 you to read my other comment
@leonalee74699 ай бұрын
I use to have pure care the dimond plane
@kathycarter1421 Жыл бұрын
Thank you for your video. This information is key for me.
@LouisonAutomotive Жыл бұрын
Glad it was helpful!
@MrBloodguns2 жыл бұрын
Hey is vertias global protection a good warranty? Also what about CarShield?
@YOUNGDISCIPLEJAY2 жыл бұрын
There reviews are bad
@horizontoday7874 Жыл бұрын
Stay away from CarShield boo!
@anthonystroman84079 ай бұрын
Carshield is one of the worst trust me trust anybody who know.
@PITTSBURGH06 Жыл бұрын
NEVER BUY THE DEALERS GAP INSURANCE, EXTENDED WARRANTIES OR OTHER BULLSHYT MARKUPS! THEY ARE RIPPING YOU OFF!!
@sdowning5332 жыл бұрын
Lubrico said they are not in the US.
@brianabinion3 жыл бұрын
Thanks for the video.
@LouisonAutomotive3 жыл бұрын
You are welcome!
@coreyalexander93762 жыл бұрын
Do you know if control arms and differentials covered with the highest protection package from carchex??
@LouisonAutomotive2 жыл бұрын
Great question, will drop a video for you next week.
@ethanroth2172 жыл бұрын
I have carchex, and CarShield on two different vehicles. They’re ALL scams.
@cantu4green242 жыл бұрын
@@ethanroth217 😱... i was thinking of getting extended warranty
@nickdiaz37372 жыл бұрын
Put the monthly payments that you would pay the warrantee company away every month in the bank. They are all scams .....
@r2ba435 Жыл бұрын
@@nickdiaz3737 in my case I bought Zurich with my 2011 mopar edition charger years ago. I think it was around 2k which I paid in installments. By the time I traded that pos in it had went through 9-10k in repairs adding parts and labor. There’s no way I would’ve pocketed that amount of money in the time frame I had that junker. Maybe i just lucked out
@dorant10072 жыл бұрын
Dude said fucking and I subscribed immediately 😭
@LouisonAutomotive2 жыл бұрын
lol
@dmat43562 жыл бұрын
Good surface information. But every company will tell you that they are insured. So as a customer, how do we know that they have an insurance structure that is right?
@LouisonAutomotive2 жыл бұрын
If you are in Ontario and the company is not insured and you ask, "are you insured?" they will tell you because the have too. You can also check with OMVIC because all uninsured companies pay $500k to OMVIC incase OMVIC needs to compensate there customers.
@emack77772 жыл бұрын
Great question!
@mohammedsalam17992 жыл бұрын
The warranty he talks about is for Canada, not USA.
@LouisonAutomotive2 жыл бұрын
yes, that's right
@jayholm21422 жыл бұрын
Does People's Choice Warranty cover expensive things, like a catalytic converter? Damn I hate Catalytic converter!!!!
@LouisonAutomotive2 жыл бұрын
When over this question in our Q&A, it should be out this Tuesday.
@c00052 жыл бұрын
No company covers Catalytic converters
@swully-ol4lx2 жыл бұрын
how does car shield work? do they pay on claims or do they give you the run around.
@JamesVancePresents2 жыл бұрын
They're trash, they'll give you the run around
@andrewgibson41322 жыл бұрын
No they don't
@andrewgibson41322 жыл бұрын
Leave car shield rip off
@waterseveon1 Жыл бұрын
Car sheild just got me they are trash !!!!!
@anthonystroman84079 ай бұрын
One of the worst believe me you do better just saving that money yourself instead of giving it away for nothing.
@AMGDINERO9 ай бұрын
These are only for Canada 😅
@BraveStarEric Жыл бұрын
The illusion of choice
@123pb Жыл бұрын
Need to steady the camera bro
@billbonu16392 жыл бұрын
The captions say he's from loser automotive.
@SonmerfieldWendell-e4qАй бұрын
Smith Charles Allen Kimberly Hall Michael
@anothercitizen486710 ай бұрын
But does ICE Tea have his babies covered by any of these?
@nottalackey35875 ай бұрын
Best 3: 1. None 2. None 3. None
@dukephantomx2 жыл бұрын
Warranties are SCAMS
@jecs2123 Жыл бұрын
Carshield is garbage
@dreneshamason651411 ай бұрын
Facts and they are scammers
@mrman7453 Жыл бұрын
Trust me they wont fix anything. Ask your mechanic .
@r2ba435 Жыл бұрын
My local garage uses customers warranties all the time. I never had an issue on my last two cars either.
@mrman7453 Жыл бұрын
@@r2ba435 ask your guy about the good ones and bad ones . What they cover and what they dont .