Sometimes called an "extended warranty", a service contract is a promise to perform (or pay for) certain repairs or services. Although technically not a "warranty" as defined by federal law, service contracts may be arranged at any time and always costs extra. Warranties, on the other hand, ONLY come with a new car and are included in the original price. Vehicle service contracts are popularly referred to as "extended auto warranties" or "extended warranties". Use of the term "extended warranty" or "warranty" on this site is intended to refer to vehicle service contracts and not manufacturer's warranties.
2/21/2011 10:40:20 AM
Awaiting 2 votes
Spring is just around the corner, and that means millions of Americans will be hitting the road for to shed cabin fever. As their mileage is piled-on, many cars will go out of factory factory warranty before spring is over, putting their owners at risk to pay large repair bills out of pocket. Along with the map or nav system, a car warranty should also be along for the ride.
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7/11/2010 9:29:40 PM
Rated 4.9. Votes: 31
Phil Colasurdo got his dream car, a 2007 Nissan 350Z roadster. Being only gently used, but still not new, it was a relative steal. At 37,300 miles, it was only just out of the factory warranty period. That being the case, Colasurdo declined to get an extended warranty. After all, what could go wrong at such low mileage? A lot, as he found out.
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7/11/2010 9:18:40 PM
Rated 4.8. Votes: 32
The densely-populated urban corridor stretching from Boston to Washington, D.C, is referred to by geographers as the “megalopolis,” Greek for “great city.” The Megalopolis is home to some of America’s largest cities, largest buildings, largest personalities…and largest vehicle repair bills. That is because labor rates in the megalopolis are 20-30% higher than in less urban portions of the county. With no sign of declining repair costs, drivers are turning to extended warranties for their automobiles, to help reign-in expenses.
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7/11/2010 9:07:39 PM
Rated 4.8. Votes: 32
David Knowles considered an extended warranty for his automobile, a jet black 2003 Cadillac DHS. “I heard that Caddys can be really expensive to repair, so I looked at getting a car warranty” said Knowles. After contacting several extended warranty brokers, he decided that the plans were too expensive. “In retrospect, they weren’t,” he said with a forced laugh.
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7/11/2010 12:35:44 PM
Rated 5.0. Votes: 6
Consumers who have a major repair just after the expiration of their factory car warranty may think that the manufacturer will “help them out” by paying for the repair. That may have happened in the past, but those days are over.
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7/11/2010 11:48:29 AM
Rated 4.9. Votes: 31
Summer is just around the corner, and that means millions of Americans will be hitting the road for vacations. As their mileage is racked-up, many cars will be out of factory warranty before the season’s out, putting their owners at risk to pay large repair bills out of pocket. Along with the map or navigation system, a car warranty should also be along for the ride.
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