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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 ...
CarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has agreed to pay $10 million in a settlement with federal ...
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.
For instance, if your car's value has dropped to $25,000 but you still owe $30,000 on your loan, gap insurance would cover that $5,000 difference if your car is totaled or stolen.
American Motors introduced the automobile industry's first 12-month or 12,000 mi (19,000 km) bumper-to-bumper warranty, called the "Buyer Protection Plan". [40] Its foundation was an emphasis on quality and durability, improved production by reducing the number of models and increasing the level of standard equipment. [41]
The "Buyer Protection Plan", was the industry's innovative 12-month or 12,000-mile (19,312 km) comprehensive, bumper-to-bumper warranty. [56] This was an industry-first that included providing a loaner car as well as trip-interruption protection, all at a time when most automakers offered only a limited six-month warranty on their new cars. [57]
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