MBPI Total scam DONT buy AN EXTENDED WARRANTY FROM THIS COMPANY Lee's Summit Missouri

First off as a consumer you have to read your paperwork on extended service contracts. Almost all of extended warranties sold have a clause built in stating that they do not have the right to use rebuilt or remanufacturered parts or even used parts.  If you think about it on a four of five year old car with 40,000 miles on it. Lets say its an Acura. A new transmission from Acura could cost $5000 or $6000 before labor to replace on a car that might be worth only be worth $15000 to $20,000. Not very cost effective if the warranty companies are to stay in business.

Shame on the consumer for not demanding that if they were using a used transmission that it did not come with a warranty for 12mos or 12,000 miles. The shop that did the work should also given the consumer something in writing that there was warranty or no warranty for the transmission repair. 

This is just another case of a consumer not really paying much attention to detail and taking things for granted and then b***hing about everyone ripping them off.

I looked up MBPI and they are a A+ rated company thru the BBB. 

First off as a consumer you have to read your paperwork on extended service contracts. Almost all of extended warranties sold have a clause built in stating that they do not have the right to use rebuilt or remanufacturered parts or even used parts.  If you think about it on a four of five year old car with 40,000 miles on it. Lets say its an Acura. A new transmission from Acura could cost $5000 or $6000 before labor to replace on a car that might be worth only be worth $15000 to $20,000. Not very cost effective if the warranty companies are to stay in business.

Shame on the consumer for not demanding that if they were using a used transmission that it did not come with a warranty for 12mos or 12,000 miles. The shop that did the work should also given the consumer something in writing that there was warranty or no warranty for the transmission repair. 

This is just another case of a consumer not really paying much attention to detail and taking things for granted and then bitching about everyone ripping them off.

I looked up MBPI and they are a A+ rated company thru the BBB. 

Listen folks. I know you are upset because you paid good money for this extended coverage and seemingly got nothing. What I would suggest is jumping on the dealership that sold it to you. It is their liability to cover any warrantied repairs on the vehicle that they made. Again, the DEALERSHIP is responsible for this not the warranty company. Also, just how much do you think a warranty actually costs? A reasonable markup, like the ones a good dealer uses are ok. However knowing the costs of an extended premium coverage on an Acura, that dealer done did you over the desk. I would be standing in their showroom screaming about how they screwed you over, rather than trying to fight with the warranty company who has a contract which states they are not liable for the repairs, but yet the dealer is. Read these things carefully folks and if you have questions ask. If the dealer lies to you, that is a verbal contract and will in many cases supercede written contracts above and beyond what they have written for coverage.