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.
7/11/2010 12:09:19 PM
Awaiting 2 votes
A major part of a vehicle’s trade-in value depends on how desirable the vehicle is on the used car market. If the vehicle is in good condition, has a clean history, and few owners, it is more likely to be sold on the dealer’s used car lot for a tidy profit. The most important consideration to practically every used car buyer is how well and frequently the vehicle has been serviced. Because their owners are not paying the repair bills, vehicles with an extended car warranty are significantly better serviced than vehicles without one.
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3/18/2010 9:00:00 AM
Rated 3.0. Votes: 2
Come this May, a multitude of high school and college seniors will don a cap and gown, and take another step toward adulthood.
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3/5/2010 5:36:19 PM
Rated 3.5. Votes: 2
The Japanese automobile maker Toyota has recently rolled out various incentives for customers to buy or lease their vehicles, which may convince some new car buyers to use their savings for extended car warranties.
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3/4/2010 6:45:14 PM
Awaiting 2 votes
It seems that almost every part of the U.S. has been impacted by a large snowstorm this winter, which may inspire some truck owners to start looking into purchasing extended warranties for their vehicles.
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3/2/2010 9:33:46 PM
Rated 3.5. Votes: 4
Some General Motors owners may be getting a recall notice soon due to power-steering issues, which may act as a reminder for those with older cars to look into extended warranties for their vehicle as a safety precaution.
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