Correction to "Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle"

TALLAHASSEE, Fla., March 6, 2012 /PRNewswire/ -- In a recent Service Contract Industry Council (SCIC) press release, Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle (2.16.12), the SCIC inadvertently and unintentionally provided inaccurate information regarding warranty coverage provided by automobile manufacturers.  The SCIC sincerely apologizes for imparting any information that might discredit the integrity of automobile manufacturers nationwide. 

Specifically:

The reference to "manufacturers warranty" in the lead-in question and the first two associated bullet points should in fact have stated "powertrain warranty."

The Q&A should have read as follows:

Why should I buy a service contract if a car comes with a powertrain warranty?

• There are over 10,000 components on a vehicle; a powertrain warranty covers only a fraction of these parts. 
• A typical powertrain warranty does not cover steering, electrical, suspension, air conditioning, heating, fuel systems, brakes, and convenience packages such as a navigation system.  

In addition, the SCIC would like to clarify that coverage for "normal wear and tear" should have been qualified as being available under some service contracts but not all. Similarly, service contracts may include discounted maintenance, such as oil changes, quick repairs at pre-qualified service centers, towing and rental cars.

Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle has been updated to reflect the aforementioned and can be found on the SCIC website (www.go-scic.com).

About the SCIC:

The SCIC works directly with state legislators nationwide to regulate the licensing of motor vehicle service contract providers, mandate significant consumer protections and to implement stringent financial safeguards.

SOURCE Service Contract Industry Council

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED