Extended Warranties and Service Contracts

EXTENDED WARRANTIES AND SERVICE CONTRACTS lists some factors to consider before deciding to buy a service contract.

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EXTENDED WARRANTIES AND SERVICE CONTRACTS explains that if you’re buying a car, an electronic device, or a major appliance, you may be offered the chance to buy an “extended warranty” or service contract. Both service contracts and warranties provide repair or maintenance for a specific time. But there's an important difference: a warranty is included in the price of an item; a service contract costs extra. It's an add-on that might not be worth the price.

Provider
Federal Trade Commission (FTC)
Author
Federal Trade Commission
Price
Free
Published
2012
Resource Categories
Curricula, Information, Tools
Resource Type
Article/Story, Downloadable resources
Grade Level
11th grade, 12th grade, College & young adult
Target Users
Parent, home school, Student, self-directed study, Teacher, classroom or after school
Jump$tart Standards
None

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