Car Service Plan in South Africa | LiquidCapital

If you’re a car owner in South Africa, you’ve probably got some form of car-care cover; most likely Car Insurance. However, with a depreciating asset, it’s important to maintain the car’s condition, not simply to make sure that your expenses are covered if your car is involved in an accident. In fact, proper maintenance of your car will lead to a lesser chance of having an accident. However, rising costs and sudden expenses often cripple car owners’ budgets. How can you maintain your car properly without these problems? A Car Service Plan in South Africa is how.

First of all, let’s discuss what a car Service Plan is. It’s basically a tool to help you budget for future services your car will need. Services can cost a lot of money, especially if it has been a long time since a service was last done. The plan will cover you financially for specific items that have been stipulated by the manufacturer of your car. The services are required to be performed by an approved dealer, and run over a specific time-frame or distance. So you can see that having a car Service Plan will cover you for your scheduled services, so you don’t have to pay big servicing bills.

There are many, many upsides to having a Service Plan. Firstly, the most obvious bonus is that you won’t feel the cold slap of a high servicing bill. Your finances are taken care of.

Another financial benefit is that the cost of labour and parts is not increased throughout the duration of the plan. If you didn't have a Service Plan and took your car to be serviced, you would pay more for the service each time due to inflation. With a Service Plan, you pay the same amount at every service and protect your investment without rising costs. You’re basically paying yesterday’s prices for tomorrow’s work.

When a car or any piece of machinery is maintained properly, it is far more likely to run for longer and without problems like major mechanical damage or breakdowns. Cars that are left un-serviced degrade in their performance, often costing the owner far more than it would have cost to have the car serviced regularly. Mechanical damage is not cheap and is not covered by simple Car Insurance. If you have a Service Plan, your car will be looked after as the manufacturer recommends, and who knows their cars better than the manufacturer. You can avoid worries about breaking down or parts malfunctioning, and accidents caused by your car being un-roadworthy.

You’ll also get peace of mind, something which, in this day and age, is priceless. You won’t have to worry about inflation and rising costs, you won’t have to cut back on your luxuries to start saving money a few months before your service to be able to pay for the work. You will have the knowledge that while you have a car Service Plan, you won’t pay for regular servicing and parts (specified by your manufacturer).