When it comes to purchasing a vehicle, there are a lot of different aspects to consider, and many customers start to feel overwhelmed. The further they get through the process, the more likely they are to say “no” to things they are offered, including a vehicle service contract.
CarGuard Trevor Smith, the company’s CEO, helpfully explains how spending time searching for the right plan and buying it can really help with your new vehicle. It’s a good idea to carefully consider service plans before deciding they aren’t for you; they can save you a lot of money and stress in the future.
Increased Resale Value
People don’t buy vehicles for their resale value, of course, but it’s certainly something you should be considering if you’re spending a lot of money on a new car! CarGuard Trevor Smith is absolutely right in saying that a vehicle service contract is worth considering.
Many of these contracts can be transferred with the car when you sell it, and with how quickly cars depreciate, this could add a valuable boost if you do choose to sell your vehicle again. Without a vehicle service plan, potential buyers may feel they have little reassurance that work has been done on the vehicle or that it is of good quality.
Reduced Costs
It might seem odd to talk about reducing costs when CarGuard Trevor Smith is suggesting to spend more money upfront. However, a vehicle service contract can save you a lot of money when it comes to repair costs that aren’t covered by your insurance.
These contracts tend to be very affordable and will cover other repair bills, which can be prohibitively high for customers. If you’re going to have to take out a loan to afford your car bill, it makes more sense to buy the service contract upfront instead.
Service Plans Help You Budget
Coupled with potentially saving you money, vehicle service plans also make it easier to manage your finances. We all have to make our money work for us, and it’s easier to do that if you know exactly what your costs are going to be and when.
Having a vehicle service plan, like the ones offered by CarGuard Trevor Smith, means that you’ll know exactly what your costs are going to be each year so you can calculate this as part of your annual budget.
No Car Is Perfect
Even a brand new car may encounter issues. The manufacturer’s warranty will of course cover the car for a period of time, but having a vehicle service contract will give you peace of mind once that ends.
We all hope that nothing will go wrong with our cars, but it’s inevitable that something will with time. Purchasing a vehicle protection plan reassures you that if something beyond your control goes wrong, you won’t end up paying for it out of pocket.
CarGuard Trevor Smith points out that if you look through plans carefully, you can find one which suits you and your vehicle. For a newer vehicle, you might find a cheap plan, whereas it might cost more to buy a plan for an older vehicle.
Proof Of The Car’s Quality
A vehicle service plan is another company essentially vouching for the quality of your vehicle – and that has to be a good thing. If someone is prepared to give you a vehicle service plan, CarGuard Trevor Smith explains, they are essentially gambling on your car not costing them a fortune to repair. That, in turn, suggests it’s of good quality and reliable.
This sort of logic might seem to beg the question of whether you need a service plan after all, but having another company back up your car’s reliability is an important reassurance and can save you money in the long run.