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Vehicle Service Contracts: What Are They and Why Do You Want One?

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When it comes to maintaining your vehicle, unexpected repairs can be costly. That’s where a vehicle service contract (VSC) can make a difference. But what exactly is a VSC, and why should you consider one? Let’s break it down.

What is a Vehicle Service Contract?

A vehicle service contract is an agreement that covers the cost of qualifying repairs and maintenance after your manufacturer’s warranty has expired. Essentially, a VSC is designed to help manage repair costs by covering various parts and services. Coverage options range from basic powertrain coverage, which includes critical components like the engine and transmission, to more comprehensive plans that cover nearly everything.

Benefits of Having a Vehicle Service Contract

One of the primary benefits of a VSC is cost savings. Repairing major components can be expensive, and a VSC helps protect you from these high costs. Additionally, having a VSC offers peace of mind, knowing that you won’t face unexpected expenses. Many agreements also include added perks such as roadside assistance and rental car coverage, further enhancing their value.

Here are the perks of a Gravity Lending extended warranty VSC:

  • Save Thousands on Auto Repairs
  • A Customized Plan that Fits Your Financial Needs
  • Accepted Virtually Anywhere
  • Direct Billing to Your Repair Facility
  • Our 30-Day “Free-Look” Period with Money Back Guarantee
  • Original Equipment Parts Replacement
  • 24/7 Roadside Assistance
  • Premium Coverage
  • 24/7 Quick Claims Process
  • Paintless Dent Repair
  • Key Replacement
  • Car Rental Allowance
  • Coverage at a Low Monthly Cost

Key Features to Look For

When considering a VSC, pay attention to the coverage details to ensure it includes the parts and services you’re concerned about. Evaluate the claim process—how straightforward is it to file a claim? Check if the contract is transferable if you decide to sell your vehicle, and be aware of any deductibles or limits that may apply.

Considerations Before Purchasing

Before you buy a VSC, consider your vehicle’s age and mileage to determine if it’s a good fit. Expect a VSC to have a mileage cutoff. For example, Gravity Lending provides VSCs for vehicles with up to 150,000 miles. Additionally, weigh the cost of the contract against potential repair expenses to assess its value. Finally, research the provider’s reputation to ensure dependable customer service and contract fulfillment. At Gravity Lending, we pride ourselves in offering reliable coverage options and high-quality service, ensuring you make the right decision in trusting us.

VSCs with Gravity Lending

A vehicle service contract can be a wise investment for protecting against unexpected repair costs and providing peace of mind. Review the terms carefully, compare providers, and decide if a VSC aligns with your needs and budget. Our team at Gravity Lending is knowledgeable about all things auto and can help you make an informed decision.

Contact us for more information.