Help Protect Your Budget From Unexpected Vehicle Repair Costs
Mechanical Repair Coverage may help pay for eligible repairs when a covered mechanical breakdown occurs. Coverage options, terms, deductibles, and exclusions vary, so our loan team can help you review what is available for your vehicle.
What Is Mechanical Repair Coverage?
Mechanical Repair Coverage, also known as an extended warranty service contract, may help cover eligible repair costs after the manufacturer’s warranty expires or when a covered repair is needed.
Coverage is designed to help reduce unexpected out-of-pocket repair costs and may be included in your auto loan payment, if eligible.
Coverage Options
Depending on your vehicle and eligibility, you may be able to choose:
Coverage level
Coverage term
Deductible option
Eligible repair facility
Additional benefits included with the plan
Coverage options may vary based on vehicle age, mileage, loan terms, selected plan, and provider requirements.
Additional Benefits May Include
Mechanical Repair Coverage may include additional benefits such as:
24/7 roadside assistance
Tire road hazard coverage
Trip interruption assistance
Rental vehicle assistance
Choice of eligible repair facility
Cancellation with any applicable pro-rated refund of unearned amount
Benefits vary by plan and are subject to the service contract.
Why Consider Mechanical Repair Coverage?
Major vehicle repairs can be expensive, especially after the manufacturer’s warranty expires. Mechanical Repair Coverage may help reduce the financial impact of eligible covered repairs and provide added protection as your vehicle ages.
Coverage obtained through GTFCU may also be a cost-effective alternative to some dealer plans. Contact our loan team to compare options before you decide.
What to Review Before You Buy
Before purchasing coverage, review the service contract carefully so you understand:
What parts and systems are covered
What repairs or conditions are excluded
Deductible amount
Claim process
Approved repair facility requirements
Roadside, rental, and trip interruption limits
Cancellation and refund terms
How to Get Coverage
Ask your GTFCU loan representative about Mechanical Repair Coverage when financing your vehicle.
Important Information
Mechanical Repair Coverage is optional and is not required as a condition of credit approval. Coverage, benefits, exclusions, limits, deductibles, cancellation rights, and refund amounts are determined by the service contract. Please review the full contract for complete details.