Understanding Vehicle Service Agreements

When you’re looking at buying a used car, it’s important to understand what options are available to you in terms of vehicle service agreements. It’s important to understand, first, what exactly a vehicle service agreement entails.

A vehicle service agreement is a warranty that takes a vehicle beyond the manufacturer’s warranty. The vehicle service agreement kicks in when the regular warranty on a vehicle has expired. It will pay the cost of parts and labor for the types of problems that are covered under the agreement. In addition, many vehicle service agreements will also include roadside assistance, towing, assistance with a lockout or a lost key, tire service, and even rental car reimbursement.

After your regular warranty expires, the cost of a vehicle service agreement may go up. In addition, some types of coverage may not be available at a later time. Make sure you know what your options are when you buy the car, so that you can save money and trouble in the long run.

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