Risks involved in service agreement

Agreement deeds 548 views 1 replies

We are in process of buying 3 trucks for the purpose of transportaion of goods, being in retail segment. Now beofre entering into service contract with the service provider, just want to know what all areas should be kept in mind while entering into the agreement or what risks can be faced consequent upon entering into agreement. Plz guide.

Thanks & Regards

Replies (1)

Deepika Ji,

Please note, when you are buying new trucks, you will have the warranty period for Vehicles for part replacement as well as service.  But after warranty period you need agreement with the service provider for serving vehicles out of warranty period.  But almost all Vehicle Companies they are proving service out of warranty period in the name of Annual Maintainance contract.  For this you have go for an agreement with either Company or Authorised Dealer.  Printed Agreement terms would be availalbe with any Vehicle Dealer  for your reference.


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