Warning do not buy a warranty program through
luxury motors ohare including all their locations
www.luxurymotors.com
They are knowingly selling Warranties through a Company called Genuine Warranty Solutions in Las Vegas which is run by the former owner of Exotic Warranty which was shutdown In the State of Florida for Illegal Business practices
Beware of Genuine Warranty Solutions. This company is run by the same person that was the CEO of The Exotic Warranty Company. Please refer to their report on this service. Although the previous CEO is not the primary, he is still listed as an officer of the company.
In fact, they are using the same promotional tools, including web look.in general, the state of Florida shut him down once for illegal business practices so why not go to a different state and do it all over.
Do not fall for it because in the end, you will be paying a lot of money for nothing. Refer to the letter from an Exotic Warranty consumer, who in his loan, will still be paying for the $6,000 that he paid for the warranty, but will never have any repairs covered nor see the return of any of those funds.
An automobile was purchased from an automobile dealership under the condition that we could not get an extended warranty. We were by the dealer that Exotic Warranty Company could write policies in California and would cover the car, after it was inspected by an ASE certified shop.
The warranty was sold as part of the purchase price of the automobile and appears on the invoice. It covered an additional 80,000 miles and was sold for almost $6,000. The inspection was completed and the warranty validated within a couple weeks; all was acknowledged via emails with Exotic Warranty.
A number of months later, the automobile was taken in for servicing. Upon having a number of repairs suggested for the vehicle, the local dealership called for authorization and told us that this extended warranty was not valid and that the company was shut down on 4-12 by the State of Florida and placed into receivership. All contracts were cancelled by the Court at that date.
It appears that this Florida-based Company was selling extended warranties through numerous automobile dealerships across the country as well as directly online illegally since 2003.
Related Court Documents can be found at
Http://www.fldfs.com/Receiver/ExoticWarranty/related_documents.htm
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