Customer Value
A prepaid maintenance plan covers the routine services a vehicle needs on a regular schedule — oil changes, tire rotations, inspections — already paid for up front, so the customer isn’t weighing cost every time service is due. Common services include:
Predictable Costs
Locks in maintenance pricing and keeps customers coming back to your service drive.
Dealer Value
Prepaid maintenance is one of the strongest retention tools on the F&I menu — it brings customers back into the service drive on a set schedule, and those visits regularly turn into additional service work and repeat vehicle purchases. Customers without a plan are markedly more likely to service, and eventually buy, elsewhere.
The LaterBank Difference
LaterBank trains your F&I and service teams to present prepaid maintenance as an ownership-cost and convenience story, not just a bundle of services — and to connect it to how it keeps the customer coming back to your store.
Fit Review
The right plan length and service mix depends on your typical ownership cycle and service department capacity. We’ll review whether your current PPM structure fits your customer base and retention goals.