One of the most common questions the team at CARS Protection Plus receives involves what the state of the contract is if the vehicle is sold. The reason why motorists choose CARS Protection Plus is because the company accepts most vehicles on the road and offers coverage that fits the owner’s budget and needs. Since its inception over 20 years ago, CARS Protection Plus has worked hard to improve its services year after year.
Owning CARS Protection Plus coverage on a vehicle can be a significant selling point if you decide to sell the vehicle on the private market. And CARS Protection Plus makes the transfer as easy as possible to ensure all parties are satisfied. Here is how the process works for transferring your CARS Protection Plus service contract to the new owner.
First, you must confirm eligibility. You can do this by contacting CARS Protection Plus at 888-335-6838 and asking to speak with its transfer team. Once they confirm that your service contract is eligible for transfer, they will send you a transfer packet by email, fax, or mail depending on your preference. CARS Protection Plus says you will need to submit one of the following in order to complete the transfer:
- A copy of the front & back of the original title with original owner and new owner signatures;
- A copy of new owner’s temporary or permanent registration; or
- A copy of the bill of sale agreement
The required documents along with a $99 transfer fee must be submitted to CARS prior to, or at the time of the sale in order to be valid. Once the transfer team at the CARS Protection Plus receives the completed transfer packet, it will review and approve the transfer and send an identification card to the new owner. CARS Protection Plus makes the transfer process as simple as possible to ensure a quick sale and allow the new owner of the vehicle to enjoy the same coverage benefits as the last owner.