Car & Auto

Nov 19 2016

Extended Car Warranties: Peace of Mind or Something Else? Feature – Car and Driver #atlantic #auto #mall

#extended auto warranty # Uncovering the coverage offered by extended-warranty companies. The TV commercials are slick and convincing: Buy a service contract for your out-of-factory-warranty vehicle even if it has more than 200,000 miles on it and never face repair bills again. Too good to be true? Probably. Three principal companies that sell these extended warranties US Fidelis (the largest), Mogi, and StopRepairBills.com as well as about 35 others, operate in the St. Louis area. All have websites, but business is conducted only by phone, with salespeople paid by commission, working from a script. Illegal? Probably not, but Michelle Corey, …

Sep 15 2016

Booming auto sales spawn something new for China: a market in secondhand cars

#secondhand cars # Booming auto sales spawn something new for China: a market in secondhand cars GUANGZHOU, China As car enthusiasts converge on the annual Guangzhou auto show, few have anything except a shiny new set of wheels in mind. But explosive growth that transformed China into the world’s largest auto market is also giving life to a new industry here: used cars. Chinese started buying new cars in huge numbers about four years ago, about the average length of time analysts say drivers will stick with a vehicle before trading it in for a fresh model. The secondhand market …