HomeF&I GlossaryPrepaid Maintenance

Prepaid Maintenance

Definition

A plan that locks in future routine service costs at today's pricing.

Why It Matters

Prepaid maintenance protects customers from rising service costs and ensures they maintain their vehicle properly. It also drives service retention and builds customer loyalty.

Examples

  • A 5-year prepaid maintenance plan covers oil changes, tire rotations, and inspections
  • Customers save 15-30% compared to paying for each service individually