Glossary / General

prepaid maintenance

11 Episode Mentions
Too Afraid to Ask

Think of it like buying a maintenance plan for your car in advance. You pay once, and the dealer takes care of routine services like oil changes for a set number of years or miles.

Technical Definition

Prepaid maintenance is a service contract where the customer pays upfront for a set of scheduled maintenance services, such as oil changes and inspections, over a specified period. It’s often sold by finance and insurance (F&I) departments as a way to lock in future service revenue.

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