What is a service contract on my used
A service contract provides repair or maintenance for a specific period of time. Unlike a warranty, it is not covered in the cost of the vehicle; therefore, you will pay extra for it. Read it carefully and keep asking questions if you need to, until you fully understand the terms.
Brenda Procter, M.S., State Specialist &
Personal Financial Planning, University of Missouri-Extension
Last update: Friday, April 21, 2006