Extended Vehicle Protection Plan: Things to Know
How you promote a vehicle service contract (VSC) to your customers depends on whether they buy or lease the vehicle. When you sell a customer a new or used car, it usually come with a factory warranty, or the remainder of an existing warranty with a used car. Sometimes that warranty is very limited. If the customer plans to drive the same auto for several years, the odds of a major component failure increases after the car warranty expires. In the event of a breakdown after the factory warranty expires, your customer will be glad they opted for the extended vehicle protection plan.
Incentives for selling a VSC to a customer can be presenting real-life examples of major mechanical failures, and the expense involved. Purchasing extended vehicle protection plans can be made with convenient monthly payments. Third-party payers are discouraged, also saving interest payments when VSCs are incorporated into vehicle loans. There are no interest fees with Freedom Warranty in-house payment plans.
Warranty Levels
Some service providers end coverage once the age or mileage of the vehicle reaches 10 years or 100,000 miles. The best extended vehicle protection plans allow greater flexibility in coverage. All vehicles have options for service protection that vary according to the age and condition of the vehicle. Many folks buy a car or truck and drive it for more than ten years. As long as they maintain the vehicle properly, they can have the service protection they need.
This company has wide-ranging coverage for vehicles, including 10 years/80,000 miles, 15 years/150,000 miles, and 20 years/200,000 miles. Owners of older vehicles deserve the best possible auto service contracts that newer vehicles enjoy, at no additional cost, including roadside assistance, a 24-hour helpline, and rental car coverage if the vehicle needs to stay in the shop for repairs.
Components Covered with a VSC
With an aftermarket service contract, your customers have the freedom to select the amount of coverage they desire. Standard coverage includes engine, transmission, transfer case, cooling, drive axle, air conditioning, and electrical. Certain items not covered are brake pads, catalytic converter, light bulbs, oil changes, seat belts, fuel system, brakes, power steering, tires, upholstery, and windows. There are several added options to choose from, and certain conditions apply: seals and gaskets, commercial use, entertainment packages, convertible top, sensor upgrade, suspension upgrade, and better labor rates.
Easy to Understand Contracts
A contract for an extended vehicle service protection plan is available for all makes and models of vehicles. If you are selling luxury, classic, or economy cars, the Freedom Warranty has the best VSCs without low-mileage requirements. You can offer these contracts for vehicles up to 10 years old, and beyond 20 years. The service contracts are straight-forward without any hidden fees. It’s important that you read the entire contract and understand any limitations or conditions. Your objective is to enhance vehicle ownership for your customers, and to address specific repair needs of older vehicles.
The Best Extended Service Plan
All aftermarket service contracts are not equal. You want to be able to offer the best possible extended vehicle service programs to your customers. Happy customers mean repeat business and word-of-mouth referrals to your dealership or auto sales. Freedom Warranty was established in 2015, and is one of the fastest-growing VSC companies, covering 21 states and the District of Columbia. You can be confident that you are offering the very best service contracts to your customers, with the best value and service in the industry.
The service contracts are easy to understand and hassle-free. Freedom Warranty services what they sell with no second- or third-party administrator. Freedom Warranty products are only available through authorized auto dealers, certified repair facilities, established lenders, and accredited insurance agencies. Call Freedom Warranty today for current pricing, and get all the information you need to offer the best extended service contract that suits your buyers’ needs and budgets.
