Alpha Warranty Services, a provider of automotive finance-and-insurance products to franchise and independent auto dealerships, launched Budgetcare, a cost-effective vehicle service contract program designed to provide customers with another affordable option during the F&I process. In challenging economic times, the program protects both the customer’s wallet and their lifestyle.

Budgetcare offers eligibility for vehicles from the last 20 years, with no mileage restrictions. With terms from three months and 3,000 miles to 84 months and 84,000 miles, the program is ideal for customers on a budget and is a direct result of dealer and agent feedback.

The Budgetcare program includes the following features.

• Three levels of gas coverage, including Engine, Powertrain, and Powertrain+. Hybrid and electric vehicles are also eligible under the coverage. See the contract for details.

• Two levels of EV coverage, with an option to include the drive battery for hybrids.

• Highly customizable, with a variety of optional coverages, including deductible buy-down; limit of liability upgrade; upgraded labor rate based on geographic location; roadside assistance; and rental coverage.

“With vehicle prices, interest rates, and inflation on the rise, we recognized the importance of offering a cost-effective solution that meets customers' needs while ensuring it can be easily financed in today's lending environment,”said Darin Ramos, chief sales officer at Alpha Warranty Services. “Additionally, as consumers increasingly turn to higher mileage vehicles as a way to manage their budgets, BudgetCare provides excellent coverage for these older, higher mileage vehicles.”