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How to Review Warranty For Free

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hey guys whats up its mcneil from uh loser automotive and uh in todays video im gonna be telling you the top i guess you can say the top three warranty companies to work with when you um open up your dealership because if you want to offer uh warranty to your customers uh who do you work with who who do you deal with okay um if youre new to this channel feel free to subscribe like share and leave your comments and thoughts in the comment section below and lets get into the video just multitasking youre trying to open up my shop while im making this video um anyway so which warranty company is uh good to sell warranty for so why first of all why do you want to sell warranties you want to sell warranties because uh it gives your customers a little bit of a peace of mind okay and on top of giving them a little bit of peace of mind you make a commission uh on selling those warranties as well okay so its an extra money driving or revenue stream for your business okay because selli

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Does warranty mean free replacement?

If the item is covered by warranty, the manufacturer will repair or replace it free of charge. If it isnt covered by warranty, you may be able to have it repaired for a fee.

Is buying a warranty worth it?

Extended warranties provide two main benefits: You may save money. If your car needs a costly repair thats covered under your extended warranty, the warranty could ultimately pay for itself even if you have to cover a deductible and a portion of the bill. Provides peace of mind.

Does warranty include replacement?

Consumers will have the option to get their products repaired/ replaced if there are any manufacturer defects within the warranty period. Consumers dont have to pay for the repairs or services when the product lies within the warranty period.

Is it worth paying for warranty?

In most cases, extended warranties are only worth buying if your new device (laptop, television, phone, or anything else), is more expensive than what your credit or debit card insurance would cover for the item, says Brant.

How do I replace my product under warranty?

You will have to send them a legal notice before the warranty period expires. They should most likely replace it after that. If they dont, you will have to file a consumer complaint for defective product.

What are the disadvantages of an extended warranty?

Con: They Are More Expensive When Purchased Later The best prices, though, are when the vehicle is new. In addition, with a few miles on the odometer, you will command a top deal. For new cars, the service contract will not kick in for several years, usually near the time the original warranty expires.

Is extended warranty free?

An extended warranty plan from the dealership will usually cost between $1,000 and $1,500. Normally, the cost of an extended warranty is tacked on to your monthly car payment. However, one drawback to is you may end up paying interest on the warranty, and it becomes more expensive in the long run.

Is extended warranty a monthly payment?

An extended warranty is basically a vehicle service contract that covers the repair costs after you purchase a vehicle. You pay a certain amount each month for this service plan until it is paid off. You can also opt for a one-time, annual payment.

Is endurance the same as CarShield?

Endurance and CarShield both offer six coverage options for customers to choose from, but theyre not quite identical. Endurance has more fleshed-out offerings for vehicles, while CarShield also offers specialized plans for the electrical system and for ATVs and motorcycles.

Is warranty a waste of money?

Ramseys blog also explains that extended warranties typically are not worth paying for because they typically come with many coverage exclusions. Since the most common issues may not be covered under the warranty, youd be wasting your money by buying one.

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