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Should You Buy a Prepaid Maintenance Plan for Your Car?

Prepaid maintenance plans are offered for the majority of new cars, as well as for used cars. They are usually pitched to customers by the car dealer’s finance and insurance manager (the "F&I" guy) while the final paperwork is being signed in the dealer’s finance office. These plans usually cover only the regularly scheduled maintenance prescribed in the owner’s manual.. For example, new Toyota models come standard with a two-yea...

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