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Mechanical Repair CoverageFor just a few dollars a month, Mechanical Repair Coverage can save you hundreds or even thousands.
MEMBER’S CHOICE® Mechanical Repair Coverage (MRC) helps pay for covered repairs on your car when that unexpected breakdown occurs.
Purchasing Mechanical Repair Coverage on a vehicle that is still covered by the manufacturer’s warranty provides you with the most convenient, cost-effective way to ensure uninterrupted protection and peace of mind if you own the vehicle after the manufacturer’s warranty expires.
On the date of purchase, the MRC plan starts protecting you immediately from the cost and inconvenience of covered breakdowns, with the plan’s 24 hour roadside assistance , towing, emergency travel expense and rental reimbursement. The coverage complements your manufacturer’s warranty because the roadside assistance and travel expense reimbursement can be used immediately, even if your vehicle breaks down during the manufacturer’s warranty period. Later on down the road, your protection continues seamlessly after your manufacturer’s warranty expires.
If you’re purchasing coverage for an eligible used vehicle that is no longer covered by a manufacturer’s warranty, you’ll have peace of mind in knowing that you’re protected from the cost and inconvenience of covered breakdowns. Coverage can be purchased for any vehicle up to ten years old and with 100,000 miles or less.
Coverage can be purchased when you buy your vehicle, when you take out a loan at SLFCU to purchase your vehicle, or if you re-finance your loan from another institution at SLFCU. You can also purchase coverage other than at the time of the loan if your vehicle has at least one month and 1,000 miles remaining on the manufacturer’s full warranty on the date you purchase the Mechanical Repair Agreement/Insurance Policy.
Call SLFCU at 505 293-0500 or 800 947-5328 for further details and a Mechanical Repair Coverage quote.
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