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Here are five factors to consider before buying a warranty from a car dealership. ... Learn More: These 10 Used Cars Will Last Longer Than an Average New Vehicle. Terms and Conditions.
It's tempting to cave in at the dealership and add that extra $10 to your monthly car payment for an extended warranty. But experts advise you to wait.
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products . The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
Warranty claims are important for consumers because they help mitigate the cost of repairs due to manufacturing defects or other covered issues. [4] For manufacturers, managing warranty claims efficiently is crucial for customer satisfaction and maintaining brand reputation. [citation needed] Filing an automotive warranty claims can be very ...
The Vauxhall Corsa Electric can be picked up second-hand for less than £10,000 - these are the pros and cons of buying used EVs (Vauxhall) Buying a used EV can offer several advantages.
The FTC specifically identified that informing consumers that warranties are voided if they break a warranty sticker or seal on the unit's packaging, use third-party replacement parts, or use third-party repair services is a deceptive practice, as these terms are only valid if the manufacturer provides free warranty service or replacement parts ...
Manufacture warranty options. While you have the keys, you will likely enjoy the benefit of warranty protection, which typically lasts for the first three years or 36,000 miles. Drawbacks of ...
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related to: used car dealer warranty law in illinois pros and cons