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.

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