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Whether this is because the services included aren't as valuable as Mohammed suggests, or because most warranties expire unused, either way, if you do choose to buy an extended warranty understand ...
Extended warranties themselves come with a few downsides that make them worth skipping. For one thing, they're often expensive -- AARP reported that stores keep 50% to 70% of what they earn on ...
Why Extended Warranties Get Such a Bad Rap Extended warranties are a form of insurance -- which makes them, at bottom, nothing more than a bet against "the house."
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 ...
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.
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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.
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