What is the difference between a warranty, extended warranty and service contract?
As stated by the FTC. A service contract (Nissan Security+Plus) is a promise to perform (or pay for) certain repairs or services. Sometimes called an "Nissan Extended Warranty," a service contract is not a warranty as defined by federal law. A service contract may be arranged at any time and always costs extra; a warranty comes with a new car and is included in the original price.
The separate and additional cost distinguishes a service contract from a warranty.
Labels: extended warranty, factory warranty, nissan warranty pricing
Nissan set to Increase Extended Warranty pricing effective April 1st, 2010
Nissan vehicle owners, we wanted to let you in on a little secret.
The folks over at Nissan occasionally find it important to review their mechanical breakdown claims that fall under coverage for the
Nissan Security+Plus suite of products. Nissan does extensive research and analysis of these claims to come up with adjustments of pricing of their Nissan extended warranty (aka extended service contract) pricing sent out to Nissan dealers nationwide.
As a Nissan dealer that sells the
Nissan extended warranty to consumers just like yourself. We wanted to let you know what we have have typically experienced. Historically we have experienced price increases from between 4-12%, depending on the year, model and mileage of your Nissan vehicle.
This could be a cost savings of up to $400 on some plans.
So if you are considering an extended auto warranty please keep in mind that Nissan will release their historical pricing adjustment to all Nissan dealers nationwide. These new
extended warranty rates will be effective on April 1st.
Your Nissan Factory WarrantyWhile your 3 year or 36,000 mile Nissan factory warranty is complimentary to your new car purchase, it does not provide you the coverage you deserve.
Nissan Security+Plus Gold Preferred goes the extra mile by covering belts and hoses, providing Roadside Assistance, Trip Interuption, Sign and Drive service with car rental and in the event of mechanical breakdown, towing to your nearest Nissan dealership.
Read more...Labels: auto warranty, nissan, nissan extended warranty, nissan warranty pricing
