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There are also non-cash incentives, like vehicle equipment upgrades or aftermarket warranties. Auto rebate vs. low-interest financing. Auto rebates and low-interest financing, such as a 0 percent ...
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
Extended auto warranties often offer other perks not included in a general factory warranty, such as trip interruption insurance and roadside assistance. Auto warranties generally do not cover vandalism or theft, dings or dents, road salt damage, environmental or natural disaster-related damage, car wash damage, or normal routine maintenance. [8]
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.
According to Motor1.com, extended car warranties range in price from $2,000 to $5,000, with the average cost around $3,000. Factors such as your location and the specific vehicle will determine ...
A brief history of automotive right to repair laws. The early 2000s saw the first stirrings of right to repair activism in the U.S. automotive industry.
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