GREENSBORO, N.C. — A new set of tires can really make your wallet much lighter. Even if you're buying budget, you're looking at $200 to $600, a set of mid-range tires is $400 to $1,200, and high-end tires cost upward of $1,200. That's a month's rent or a mortgage payment!

Which is why you may think about buying a warranty for your tires. A Road Hazard Guarantee may not work the way you think it should.

"The screw was probably about right here," said Jeremy Manleif.

The tire on his Hyundai Elantra started leaking. So he brought it to the tire shop, where he had recently paid for an extra road hazard warranty.

"So I dropped the tire off to them, and let them have it all day. Then they called me and let me know the tire was ready," said Manleif.

He thought there would be no charge u

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