Pros and Cons of CPO Versus an Extended Warranty

By Rick Popely

CARS.COM — Most certified pre-owned vehicles come with at least one year of basic, comprehensive warranty coverage backed by the manufacturer, plus a powertrain warranty that usually stretches beyond the original time and mileage limits. Will those CPO warranties be enough or should you buy a used car that isn't certified — typically cheaper — and buy an extended warranty instead? Here are some points to consider before choosing to buy a CPO vehicle instead of an extended warranty, or, more correctly, an extended service contract:

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Minnesota sues “extended warranty” marketer

Minnesota Attorney General Lori Swanson filed a lawsuit on February 22, 2016 against a Missouri-based auto service contract company for deceptive tactics.  This is at least the second complaint filed in as many years by the Minnesota Attorney General against…

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SCIC Releases Holiday Video

Just in time for the holidays, SCIC has released a parody video that demonstrates all the reasons why consumers should consider service contracts when shopping for expensive items this holiday season. Check it out the video below!

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