TIP: Most factory warranties have such exclusions as well.It is usually only the premium manufacturers that will cover such thingsafter a vehicle is a year old or has done more than 12,000 miles. Don’t be (^)
surprised at a long list of exclusions and “boiler plate;” legitimate servicecontracts have to meet individual state laws and requirements everywhere (^)
they are sold.
VEHICLES MOST LIKELY TO NEED A SERVICE CONTRACT
Obviously, service contracts make the most sense on cars with a high costor frequency of repair, like European ones. Based on my own experiences
owning over 50 cars personally, and selling thousands of others, I will not—under any circumstances—own a European vehicle that is not covered by
either the manufacturer’s warranty or a good service contract.
covered by the manufacturer’s warranty or a legitimate serviceTIP: It is much easier to resell a European car that is still
contract.
This also applies to high-end Asian and domestic cars—anything with lotsof complex systems, or that is built in fairly low volumes (where parts cost