Quick Answer: What Is A Service Loaner Vehicle?

What is a service loaner?

You may have noticed many vehicles on the Runde Auto Group website labeled as Service Loaner Specials.

These are vehicles that were previously part of our service loaner fleet, so they were loaned out to customers who had their vehicle in for service.

And it’s often better than purchasing a program vehicles..

Is it bad to buy a service loaner car?

Any downside to buying one a loaner car? Not really, but consider the mileage, as they can vary greatly. Most loan cars programs require the dealer to leave the vehicle in loaner service for a minimum of 90 days. In that time, some will have 1000 miles on them, others could have 6000 miles.

Do you get charged for a loaner car?

No, it is entirely a policy by each dealership. However, certain brands (such as Mercedes Benz) require their franchise dealers to offer loaners during certain maintenance services. … Typically manufacturers warranty covers cost of a rental or loaner, and the dealership is reimbursed by them.

What is the difference between a loaner car and a rental car?

When you take your car to the dealership to get something fixed – they will sometimes offer you a “loaner car” to drive while yours is in the shop. Essentially it’s a rental car that the dealership will pay for.