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The company offers a platform on which car owners can rent their cars. [35] Turo claims that its rental costs are lower compared to traditional car rental services. [36] [37] People who wish to rent their cars can register their cars online to be rented by other Turo members. The car owner states when and where the car will be available.
Return merchandise authorization. A return merchandise authorization ( RMA ), return authorization ( RA) or return goods authorization ( RGA) is a part of the process of returning a product to receive a refund, replacement, or repair to which buyer and seller agree during the product's warranty period. [1] [2]
Rent-A-Center, Inc. (commonly referred to as RAC) is an American public furniture and electronics rent-to-own company based in Plano, Texas. The company was incorporated in 1986 and as of 2014 operates approximately 2,972 company-owned stores in the United States, Puerto Rico and Mexico, accounting for approximately 35% of the rent-to-own market in the United States based on store count.
Warranties: Rental cars often come with a warranty of about one year — even cars that no longer qualify for the original manufacturer’s warranty. Buy-back policies: Rental car chains may offer ...
Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.
Total payout per claim: There's usually a maximum amount the insurance company will pay for a rental car per claim. This could be a fixed amount or a daily rate multiplied by the maximum number of ...
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law ( 15 U.S.C. § 2301 et seq. ). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
The most common types of rental car insurance include: Collision damage waiver (CDW): For a daily fee on top of your rental fee, a collision damage waiver waives fees associated with damage to the ...