Description- A vehicle service or check-up is usually a short series of regular maintenance processes performed on a vehicle after it has traveled a specified distance or within a given time frame. These services are carried out to prevent potential major components from prematurely wearing out or to maintain the vehicle's smooth operation. Service centers can either be private or public, owned by individual companies or fleet management firms, or licensed through government regulations. The industry has seen an increase in recent years as a result of the increased demand for these services. Extended Vehicle Warranties vs. Vehicle Service Contracts There have been a number of different trends identified when comparing extended vehicle warranties and vehicle service contracts. While there may still be some variations between these two different contracts, they are both intended to provide the extended or additional coverage to a vehicle owner in the event that there is a breakdown, accident, or other damage that requires that the vehicle be towed away from the point of origin. When comparing extended vehicle warranties and vehicle service contracts, one should always consider the overall cost of ownership, as well as the price of towing and storage fees in addition to repair costs, and possible deductions from the vehicle's resale value. While this may seem like an easy task, these expenses can often be overlooked when trying to determine the best option. Learn more tips to consider when buying used cars here. Extended auto warranty vs. vehicle service contract Extended auto warranties are designed to provide the owner with coverage for an entire car's worth, or the actual cash value, instead of just the price of the car when sold brand new. Many times, the manufacturer will offer a full retail value warranty on their vehicles, which typically includes all parts, labor, and service agreements listed within the auto warranty. When purchasing an extended auto warranty, the actual dollar amount is not necessarily the same value as that printed on the warranty. Some manufacturers require that you pay a higher down payment or finance charges when purchasing an auto warranty versus a vehicle service contract. Vehicle Service contracts typically provide coverage only up to the vehicle's retail value. With this type of coverage, you can purchase an extended warranty from the dealer, but must return the car in like-new condition at the time of your sale. If the car was maintained in a mechanical or refurbished condition, then it may not be eligible for vehicle service contracts, depending on whether or not the dealer considers it totaled. These contracts are most often used for fleet vehicles, such as delivery trucks, taxis, and shuttles. If you purchase an extended vehicle warranty from a dealer, they may require you to purchase vehicle service contracts from them as well. The dealer pays the initial warranty cost and then requires you to purchase a vehicle service contract at the time of purchase. Vehicle service contracts typically provide coverage for a specified amount of time, typically one year, and a Manufacturer Suggested Retail (MSR) price. Although this may seem helpful in the event that your vehicle breaks down, the cost of towing and repairing the vehicle is typically covered in the vehicle service contract. You can buy used cats from the most reputable car dealers at https://thecoolcarguys.com/whitewater-wi/. Vehicle warranties provide peace of mind for car and truck owners. Most warranties will cover mechanical breakdown, which allows owners to drive their trucks and cars even if they have experienced a breakdown. While vehicle service contracts may be more costly than extended vehicle warranties, it can save you in the event that your car breaks down. Although vehicle service contracts offer many benefits, they also have several drawbacks and should be carefully evaluated before purchasing. You can get more enlightened on this topic by reading here: https://www.huffpost.com/entry/buying-a-used-car-use-thi_b_9079020.
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