Whether you’re a first-time car buyer, or someone who’s purchased several cars over the years, the process can, at times, feel a bit overwhelming. There’s a lot to know, and there are a lot of decisions to make, from choosing the right make and model for your lifestyle to dialing in the deal that works best for you. Even once you’ve sealed the deal, there are additional service and protection plans that can help protect your investment and save you money throughout your ownership. But exactly what do these plans entail? And which ones might be right for you? Don’t worry, we got you.
In our effort to make car buying easier and help you buy smarter, we want to provide you with tools and resources to inform you throughout your journey. After all, knowledge is power, and the more you know, the more confident you’ll feel driving off in your new ride. What a feeling! For this reason, we’ve created a handy series that defines and details each of the services and protection plans, and if you should consider purchasing them. In this article (and fun-to-watch video) we explain:
WHAT IS A VEHICLE SERVICE PLAN?
When you buy a new car, it comes with a warranty that covers repairs. But that warranty only lasts for a limited amount of time or miles. When it expires, you’re responsible for paying for repairs, which can get expensive. A Vehicle Service Plan will cover the cost of common repairs on a vehicle that’s no longer covered by a warranty. If you intend to keep your car for a while, this could be a good plan for you. Because as your car gets older, you’re more likely to face unexpected expenses. Plus, today’s cars use complex technology, which can be costly to repair. Paying upfront can help you take care of them now before they take you by surprise.
This article was created in partnership with True Car.