national warrenty?

Discussion in 'General Motoring' started by illusion123a, Sep 25, 2005.

  1. illusion123a

    illusion123a Guest

    When i bought my 2002 accent, i also purchased a 10 year bumper to bumper
    warrenty, I got a letter in the mail stating that there is a class action
    lawsuit against the warrenty company becasue they filed banckruptcy, what
    does this mean to me? can i no loner use the 10 year bumper to bumper? but
    only the hyundai 10 year powertrain? anyone else get this letter? i am not
    a lawyer, and reading it gave me a headach..so i guess basically what i am
    asking is, has anyone else received this letter and what does it mean to
    me?
     
    illusion123a, Sep 25, 2005
    #1
  2. illusion123a

    James Guest

    We bought a Sonata in 2002 and got the extra warrantee as well. Never
    got a letter. I'm betting that you got yours from a different company.
     
    James, Sep 26, 2005
    #2
  3. It probably means that you're screwed. Perhaps you'll get back a few
    cents on the dollar that you paid via the class-action, but thats'
    probably it. If the company went belly-up, there's no one to file a
    warranty claim with, so you're left with just the factory warranty.
    That's just one of the danger of buying a warranty from a third-party
    company.
     
    Brian Nystrom, Sep 26, 2005
    #3
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