What aspect of the product is being described when a used-car salesperson explains that each car comes with a one-year extended warranty and a two-year maintenance plan?

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28-07-2022
Social Studies

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What aspect of the product is being described when a used-car salesperson explains that each car comes with a one-year extended warranty and a two-year maintenance plan?

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-08T08:25:56+02:00

Associated services is being described when a used-car salesperson explains that each car comes with a one-year extended warranty and a two-year maintenance plan.

An associated service, also known as a service contract, or maintenance contract, is an extended warranty offered to the consumer in addition to the standard new warranty. Associated services may be offered by the warranty administrator, retailer or manufacturer. Associated services are at an additional cost and cost a percentage of the item's retail price.

In some cases, some purchased extended warranties for several years have a written statement that the consumer must contact the manufacturer in the event of a failure during his first year. They have terms that do not match the original terms.

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