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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.
2009 Lexus HB: hybrid sports motorbike; 2016 Lexus UX: crossover; 2017 Lexus LS+: luxury sedan; 2019 Lexus LY-650 Yacht [4] 2021 Lexus ROV Concept: side-by-side [5] 2021 Lexus Electrified Sedan: sedan [6] 2021 Lexus Electrified SUV: crossover [6] 2021 Lexus Electrified Sport: sports car [6] 2021 Lexus BEV Sport Concept: sports coupe [6] Number ...
The resulting sedan followed an extended five-year design process at a cost of over US$1 billion and premiered with a new V8 engine and numerous luxury features. The Lexus LS was intended from its inception for export markets, and the Lexus division was formed to market and service the vehicle internationally.
Car dealers also provide maintenance and in some cases, repair services for cars. New car dealerships are more likely to provide these services since they usually stock and sell parts and process warranty claims for the manufacturers they represent. Maintenance is typically a high-margin service and represents a significant profit center for ...
In the European market, where Lexus had long faced struggling sales owing to low brand recognition, few dedicated dealerships, and 1990s import quotas, [75] [76] the marque announced plans to introduce hybrid and diesel powertrains, [77] increase the number of Lexus dealerships, and expand operations in emerging markets such as Russia.
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Comparing home warranty vs. home insurance When deciding whether to purchase homeowners insurance vs a home warranty, understanding the distinct features of each and what coverage is provided can ...