Today, buying car is not just simply buying a car. This is because when a person wants to buy a car, there are many additional services that tag along. One great example of these so-called extras is the auto service contract.
These auto service contracts are not necessarily required by most car dealers. However, most car buyers are enticed to get one in order to protect themselves against unforeseen circumstances such as expensive car repairs.
Generally, auto service contracts are pledges made by the agency, usually the car dealer, responsible to provide the necessary services or repairs that the buyer or the contract holder is entitled for.
The problem with some people is that they categorize auto service contract as the same with extended car warranties. What they do not know is that car warranties are normally included in the price of the new car bought while auto service contracts can be obtained any time even if the person did not buy a new car. Moreover, auto service contracts are always an additional cost for the car buyer meaning he may or may not obtain an auto service contract.
However, just like the other financial decisions, careful...
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