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The FTC charged that the company that does business as Car Shield — called NRRM LLC — engaged in deceptive advertising and telemarketing for vehicle service contracts. ... Car warranty scams, ...
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 ...
These are the most common types of extended car warranties: Bumper-to-Bumper Warranty. A bumper-to-bumper warranty is generally the most comprehensive extended warranty. This plan offers coverage ...
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.
All new cars in the United States come with a warranty that cover repairs for a certain period of time and a certain number of miles, such as 3 years and 36,000 miles. An extended warranty provides similar coverage beyond those time or mileage limits. Legally, only the original manufacturer can "extend" a warranty.
The lawsuit against the Ford Motor Company was opened in 1978 and ended in 1990. Kearns sought $395 million in damages. He turned down a $30 million settlement offer in 1990 and took it to the jury, which awarded him $5.2 million; Ford agreed to pay $10.2 million rather than face another round of litigation.
Here are five factors to consider before buying a warranty from a car dealership. What Kind of Coverage Is Being Offered. ... They usually last longer than bumper-to-bumper, for five years or ...
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