C.A.R.S. Protection Plus

Sector: Services
Status: Realized
Initial Investment Date: 2015
Exit Date: 2020

C.A.R.S. Protection Plus is a leading vehicle service contract (“VSC”) provider, specializing in the high mileage VSC segment. The company sells contracts at wholesale to over 10,000 used car dealerships across the U.S. CARS was founded in 1998 and obtained third party insurance via a Contractual Liability Insurance Policy (“CLIP”) with Dealers Assurance Corporation (“DAC”) in 2012. CARS offers VSC plans with varying terms to meet the specific needs of enduser vehicles, budgets and desired coverage.

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