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Each extended warranty is different, but generally, extended warranties have a time limit or mileage cap. For instance, some warranties last up to three years or 36,000 miles, whichever comes first.
According to Consumer Reports -- the shopping bible of thrifty Americans everywhere -- there are precious few instances in which it pays to buy an extended warranty on a product you purchase.
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It remains one of the worst vehicles Consumer Reports has ever tested. [40] The publication noted that the car took 37.5 seconds to go from 0–60 MPH, it was dangerously structurally deficient in a 30MPH crash test with a standard car, and its bumpers were "virtually useless against anything more formidable than a watermelon ", all of which ...
Whether an extended service plan is worth the extra cost depends on the item and the perceived value by the consumer. Basic service plans on desktop computers, for example, typically come close to the actual average repair cost of a system, with the retailer using the service plan as a way to keep the customer from going to a competing service center.
Consumers' Checkbook/Center for the Study of Services (doing business as Consumers’ CHECKBOOK) is an independent, nonprofit consumer organization.It was founded in 1974 [1] in order to provide survey information to consumers about vendors and service providers.
But there are times when an extended car warranty is a good choice. Here, we'll cover when it does -- and doesn't -- make sense to spring for extended vehicle protection. Arguments for an extended ...
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer. Extended warranties cost extra and for a ...
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