Having a vehicle service contract can provide people with peace of mind when it comes to needing car repairs, such as some of the major components that break after the original car warranty has expired.
If somebody is wondering if it’s worth buying vehicle service contracts, they are not alone. Many people think since they just bought a new or slightly used car, they don’t need that extra expense. However, that is a huge misconception.
The vehicle service contract cost is a small price to pay when compared to the costs of car repairs. Some people are not in a position to drop a few thousand or even a few hundred dollars when something goes wrong with their vehicle.
That’s why vehicle service contract companies, such as CarGuard Administration, offer individuals a safety net so that they don’t have to worry about finding the cash needed for major car repairs.
What Is a Vehicle Service Contract?
A vehicle service contract is a protection plan that somebody pays for upfront and helps pay for expensive car repairs. It usually takes effect once the original manufacturer’s car warranty has expired. They can be bought for both new and used vehicles.
Keep in mind that most car repairs don’t happen in the first few years of ownership. As the vehicle ages, the more likely somebody will experience car troubles. Like the ones at CarGuard Administration, vehicle service contracts offer the same or even additional coverage that the original manufacturer warranty didn’t cover.
When someone chooses to get a vehicle service contract, they add a layer of protection to both their vehicle and their wallet. If somebody has one and never has to use it, consider them lucky. However, if somebody doesn’t go for that extra protection and something significant happens to their car, they may regret that decision when they are faced with the repair bills.
Something else to consider is how someone can budget the cost of a vehicle service contract into monthly payments, something they won’t be able to do if the engine breaks down or other major repairs need to happen.
That alone makes having a vehicle service contract worth every penny!
Why Do People Need a Vehicle Service Contract?
When somebody buys a new car, they rely on the manufacturer’s warranty to cover any mechanical breakdowns. However, most people intend to keep their vehicle longer than the initial warranty period and need to consider the costs of paying for their own repair bills.
Vehicle service contracts typically act similar to an insurance policy, people pay for peace of mind upfront, and when something goes wrong, they don’t need to scramble trying to come up with the funds to get their car repaired.
One of the biggest reasons somebody would want a vehicle service contract is for the added protection. If someone looks at a company like CarGuard Administration, all of their programs for protection offer a generous limit of liability.
But more importantly, the roadside assistance and car rental program is a nice bonus when it comes to the CarGuard Protection Programs. If somebody has a vehicle service contract with CarGuard Administration and their car breaks down, they don’t need to worry!
Someone can quickly call roadside assistance for minor issues or have their car towed and placed in a rental car while their vehicle undergoes repairs. Either way, they don’t need to be bothered with wondering how they will pay for all of this.
What Parts Are Covered?
Some companies, like CarGuard Administration, offer many covered parts when somebody’s vehicle breaks down. Not all vehicle service contracts are the same, so be sure to check and see what all is covered when it comes to major components.
Some of the items to look for include:
- Front and Rear Suspension
- Electrical Components
- Turbo/Supercharge
- Seals; Gaskets
- Cooling System
- Transfer Case
- Transmission
- Fuel System
- Drive Axle
- Steering
- Engine
- A/C
There are many different types of protection plans when it comes to vehicle service contracts. People can generally choose the level of coverage they want based on the cost and personal needs.
CarGuard Administration is a Vehicle Service Company and offers affordable options that can meet most people’s budgets. They are also going to be a sponsor of the PACE conference this year.
Conclusion
A vehicle service contract is an excellent way to provide the car owner with peace of mind while driving. They won’t need to worry about expensive car repairs or how to get around should their vehicle be undrivable.
Vehicle service contracts can make the difference between being able to afford to drive their car versus being stuck with an enormous repair bill and not knowing where they will get the money from to pay all the costs.
