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According to Motor1.com, the total cost of an extended warranty ranges from $2,000 to $5,000. The average annual cost is $1,330, or a little over $110 monthly.
An extended car warranty cost varies from policy to policy, and the car you want to cover will have a lot to do with the cost of the warranty. Your quote will depend on a few factors, including:
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 ...
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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. Extended warranties cost extra and for a ...
In 2001, the United States EPA and Jaguar Cars entered into a settlement that extended the emissions warranty on 1995 and 1996 model year XJ12 saloon cars to 14 years or 150,000 miles due to their non-compliant NipponDenso Engine Management System, which was unable to provide continuous misfire monitoring, a requirement for OBDII compliance. [10]
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