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Memorial Day Weekend Car Buyers Can Look to Service Contracts for Protection and Peace of Mind

With Memorial Day weekend just around the corner, Americans know one thing for sure: Summertime has arrived. The transition from spring to summer brings trips to the beach, family road trips and more. It also means many consumers will purchase a vehicle to make those summertime trips more enjoyable.

The Service Contract Industry Council (SCIC) reminds car-buying consumers of the many benefits of a service contract – also called an extended warranty – when they purchase a vehicle. Service contracts cover costly vehicle repairs far beyond the duration and coverage of routine manufacturers’ warranties, giving consumers much-needed peace of mind.

“Few things can ruin a family road trip faster than a broken-down vehicle, and service contracts take the guesswork out of knowing whether you are covered for repairs,” said Timothy Meenan, SCIC executive director. “Americans put countless extra miles on their vehicles during the summer months, and extended coverage through a service contract helps keep their cars running longer without all the costly repair bills.”

The car components most commonly needing repairs include the electrical, air conditioning, cooling and fuel, steering and engine systems. With costs for these repairs often ranging from a few hundred to several thousand dollars, the extended protection of a service contract can greatly reduce out-of-pocket expenses.

Service contracts often include other benefits beyond vehicle repairs, including rentals, emergency road service, towing and other potential needs. This can save both time and money in the long run.

“So often, it seems like inconvenient and expensive repair issues pop up right after a vehicle loses its manufacturer’s warranty protection,” Meenan added. “Service contracts are a common-sense solution to this problem that helps make sure your family can spend more time enjoying a vacation and less time worrying about vehicle issues or being stuck on the side of the road paying out of pocket for a tow and the repair expense to follow.”

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