VSC (Vehicle Service Contract)
Definition for europe automotive professionals.
A Vehicle Service Contract (VSC), commonly called an extended warranty, is a service contract sold by the F&I department that covers repair costs on a vehicle beyond the manufacturer's warranty period. VSCs are typically offered by the dealership on behalf of a third-party warranty administrator and represent one of the highest-margin F&I products. A well-priced VSC can generate $800–$1,500 in back-end gross. When F&I managers discount VSCs to close deals, this represents a direct override of back-end gross that DealerInt can capture and report.
Europe Context
In the europe dealer market, vsc (vehicle service contract) operates within the context of EU Consumer Rights Directive and GDPR. Dealerships running Keyloop, incadea, Autoline encounter vsc (vehicle service contract) in their daily workflow. DealerInt captures the decision layer around vsc (vehicle service contract) that your DMS wasn't designed to track.
Related
See the decisions your DMS doesn\u2019t track
30-day free trial. €749/store/month. Works with Keyloop.