'Service Plus' is a new offering from The Warranty Group that combines the benefits of a service plan with the protection of a warranty.
The service is ideal for motorists who want to guard themselves against unexpected car costs. Opposite the consumer-facing offerings, the new service is set to increase loyalty and retention. This plan is particularly appealing to Millennials, especially those who are reluctant to commit to making full up-front payments. Instead, customers are able to take advantage of a fixed monthly cost that can be paid in monthly installments.
The Service Plus is designed to provide dealers with something that adds on to existing service plans, versus replacing them entirely. The plan is also ideal for vehicle owners with warranties that have expired.