Source: WardAuto
About four out of 10 car buyers who purchase extended-service agreements say they ended up saving an average of $1,000 to $2,000 in repairs and parts replacements.
That’s according to a survey by Protective Asset Protection, a provider of F&I programs, services and dealer-owned warranty programs.
The survey results indicate service contracts – that kick in when factory warranties expire – and related products show value, especially on specific vehicle-service work.