course hero which of the following is not true regarding service contracts on new cars?

by Jarret Bergstrom 4 min read

What is a service contract on a car?

A service contract comes at no additional cost and offers free repairs for a specific period of time. Service contracts are becoming more prevalent in the new car market because they are generally a good value for consumers. Service contracts are generally very profitable for their sellers.

What should be included in an auto repair contract?

Repairs are usually covered and may include preventive maintenance for covered components. Often there is a deductible that must be paid each year the contract is in force. durability. appearance. warranties. price. price. In addition to the price of the auto, ____ may be a price variable in an auto negotiation.

What is included in a repairs and maintenance contract?

Repairs are usually covered and may include preventive maintenance for covered components. Often there is a deductible that must be paid each year the contract is in force. durability.

What is a service contract?

A service contract offers free or low-cost repairs to the product

Does a dealer pay off the loan balance?

pays off the loan balance as well as being very profitable for the dealer.

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