Carshield*

Is it a ripoff? I've heard they quibble over every nut and bolt.

I didn't recognize her. Chubby and older.

In retirement one of the things I like to do is check out these companies who claim they're so wonderful. Car Shield is a massive scam. The reviews from customers are mostly horrible. They structure their policies in such a way that most people think they're covered by things they're not covered for and when they get turned down on a claim they're shocked.

And all those fake customers they have on their commercials! Such grandiose lies they tell. That one guy who claims he covered all 3 of his cars and Car Shield saved him over $9000.00. That mook needs to learn not to buy junk cars. It's all bullshit OP, so save your money.

I actually had them for a short time, but only because I was able to outsmart them, since they are known to find reasons to not cover repairs. I had a car that was well known to have transmission issues, especially around 100k miles. Before my car got there, I signed up for their service.

Sure enough, the transmission went, only a month or 2 after. It was obvious they were going to try find a reason not to cover it because they had their expert go to the shop to look things over. They had no luck because the car had a closed transmission, therefore they couldn't blame me for not doing maintenance. They still found a way to be cheap though by only replacing it with a used system.

They will do everything to not cover repairs. You need to read the fine print and save proof you were up on maintenance, such as oil changes. They might allow for some self maintenance, but you need to save receipts. Even then, they absolutely can replace your parts with whatever they want -- used, refurbished, etc. It's safe to say it's probably rare or unheard of to get it brand new.

Save money in an emergency fund. That's the best solution.

Ms. Fox has fucked up her face to the point she doesn't even look anything remotely like herself anymore. She was so gorgeous back in the 90s.

Forgot to say; in my case it was still worth it though because it was on an older car, but one that was expensive for parts. They also covered everything else, like towing and a rental for the entire time the vehicle was in the shop. I wasn't happy about how long it took for them to get someone to the shop (some shops are limited with space/ manpower) and how they forced me into a used transmission (because that one has the risk of going as well at 100k), but overall, it saved me thousands in a car I wasn't going to keep much longer anyway. I also cancelled it afterwards, paying them maybe a few hundred overall.

If you have an older used car, that has expensive parts, that you can easily prove didn't fail through neglect, not a bad deal. Esp with how a lot of parts have moved away from checking fluids (ex: Chevy using an electronic steering pump, or a closed transmission, etc). It really depends on your circumstances and vehicle to make it worthwhile.

You’re probably better off putting the money you would pay monthly for it into a savings account for when the car breaks down

How do they stay in business? Are there no regulatory authorities or industry standards they must adhere to?

[quote] How do they stay in business?

Because far too many people are too stupid or lazy to bother looking up companies they decide to do business with on Google BEFORE they sign on the dotted line. And far too many people are dumb enough to believe most any claim they see on TV. If it's on TV it must be true, right? WRONG!!

100% true R9. But isn't the industry regulated by some kind of governmental body or ombudsman? How do they get away with this?

Because they've been very crafty about how they run their scam. They're a scum company but if people would read the fine print more closely before they sign up they'd move on somewhere else. So in the end it's the dummies who sign up for their shitty service who are to blame, and that means any oversight agency is not going to be of much help.

Any financial products that advertise heavily on antenna TV networks (Laff, Me TV, Cozi, etc.) are scams. And they're the most cynical kind of scams because they prey on the financially vulnerable.

[quote]prey on the financially vulnerable.

Do you mean stupid people R12? It sounds harsh, but that's essentially what we're talking about here isn't it.

Some are stupid, but most are just gullible and trusting. Lots of very intelligent people can be extremely gullible.