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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 ...
Automotive warranty. An automotive warranty is a guarantee provided by a vehicle manufacturer or a third party, ensuring that any defects or issues with a vehicle will be repaired or addressed within a specified period after purchase. [1] This warranty is most often an important aspect of purchasing vehicles since it provides buyers with ...
What Are the Risks? Scammers will try to pressure you into purchasing an extended warranty that is, in fact, a poor quality vehicle service contract. Not only will it be overpriced, perhaps by as ...
Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.
For some drivers, an extended warranty offers peace of mind. If you feel more comfortable on the road having a warranty, it's worth it. Maybe knowing you have access to free repairs could give you ...
This is an example of what a local official says is a scam letter trying to convince people to buy a home warranty. Personal information from the homeowner, which was included in the letter, has ...