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Buying An Automotive Extended Service Contract

Should You Buy An Automotive Extended Service
Contract?Consider the following examples of repair
cost:
The decision to purchase an extended service
contract or mechanical break down policy asAir Conditioner Repairs can easily cost
they are sometimes called is a decision that$1500.00  for  compressor  replacements.
has many variables. Depending on the age of
the vehicle, the usage, how long do you planTransmission Overhaul or
on keeping the vehicle for are just a fewReplacements--$3000.00
questions  that  need  to  be  considered.
Water  Pump  replacements--$600.00
If you look online, some of these so called
guru's who write scam pieces will tellPower Steering Pumps and Steering
you-Don't Buy-it's a scam. I whole heartilyGears--$600-$2000.00
disagree with their opinions, I question if
they have real world knowledge and experienceHowever, don't be mislead into believing a
to begin with. If they did, then I firmlymechanical break down policy covers every nut
believe  their  opinion  would be other wise.and bolt on the vehicle, there are variables
and different kinds of policies as well. Some
The scam comes when you are chargedcover seals and gaskets, wear and tear items,
outrageous and inflated prices for anconsequential damages etc and others don't.
extended service contract, they are not cheapBe aware of what it does and does not cover
to begin with, but those who exasperate thebefore buying, this will save you a lot of
cost are the ones who are taking advantage ofgrief in the event you have a mechanical
unsuspecting consumers. Or perhaps evenfailure.
requiring you to purchase as a condition of
buying the vehicle, you should never beIt is a major decision, and one that requires
forced  to  buy  under  any  circumstances.weighing  the  advantages  and disadvantages.
With automotive repair labor rates rangingMy personal and professional opinion is that
easily up to $100.00 per hour or more, itif you are going to use the vehicle on a
doesn't take a huge repair to cost you majordaily basis, you plan on keeping for 2 years
bucks, and with the electronics andor more after the original factory warranty
technologies of today's automobiles, partshas expired, then you should purchase the
prices  are  equally  as  expensive.extra  protection.
During my 26 years in the automotive serviceIt is after all, like an insurance policy,
industry, I can recall countless and numerousyou hope that you don't have to use it, but
times where customers wished that they hadit will give you some peace of mind in the
purchased, and those that did were glad theyevent that you have to have an expensive
made  such  a  sound  financial  decision.repair.



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