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Image source: Upsplash/The Motley Fool. The high cost of buying a car is one reason it can be so tough to decide whether to add the extra expense of an extended warranty.
The scam calls that are harder to identify come from a real, human caller who shares accurate details about your current car make and model, mileage, insurance, and current warranty.
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.
An extended warranty typically does not come with a deductible, whereas mechanical breakdown insurance does. However, extended warranties may be more expensive than car repair insurance, averaging ...
Warranty Direct was founded by father and son, David McClure Fisher and Duncan McClure Fisher, in June 1997, its sole service was vehicle warranties, primarily for second hand cars and private sales, [5] until 1999, when warranties for Household Appliance were launched.
The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer. Extended warranties cost extra and for a percentage of the item's retail price. Some extended warranties that are purchased for multiple years state in writing that during the first year, the consumer must still deal with the manufacturer in ...
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