Lexus: Looking for Victims of 1SourceAutoWarranty.com

Yeah, I got sucked into that scheme of crooks too. I went with Warrnty
Gold. They went bankrupt and I'm out the full fee with no recourse except
"get in line" All that used warranty stuff looks like a pretty good scam to
me.

-d
"Steve Horrillo" <com> wrote in message
news:xfrLc.62779$nntpserver.com... 
for 
up 
out 
for 
we 
this? 

"dulles" <com> wrote in message
news:2ywLc.12749$texas.rr.com... 
to 

Not much help, but you may be able to claim it as a short term loss on your
taxes.
Sorry

Just my 2 cents but this why you should pay the dealer for a warranty if you
really want one and not worry about saving 2-300 dollars by buying one over
the internet from a company that will warranty your car without it being
inspected. Makes you wonder how they stay in business? Oh wait they didn't
stay in business did they?

Myles

dulles wrote: 

I don't know what you can do now, maybe there is something, but we can
all learn from your mistake.

I sent out something similar to the below a few months ago. I think
it's the right way to handle insurance companies:

1. When negotiating for a new car, at some point someone will ask you
if you'd like the extended warranty or insurance or whatever.

2. Go through the motions. Ask them about it. Get the lowdown and,
most importantly, the price. For the sake of argument, say the
price is $2000.

3. Kindly thank the salesman for the offer, but DO NOT BUY IT.

4. When you buy the car, immediately go to your bank and open the
cheapest account you can. Put exactly $2000 in it.

5. Never, ever, spend this money for anything except your new car.

6. Feel free to use it for oil changes, wiper blades, tires, major
services, and other repairs.

Given the quality of cars, especially Lexuses, 99 times out of 100
you will come out ahead. THAT'S HOW INSURANCE COMPANIES STAY IN
BUSINESS, BY BETTING ON THE QUALITY OF THE CARS THEY INSURE.

Good luck in the future.

RR