What is the difference between an "extended warranty" and a "service contract"?

What is the difference between an "extended warranty" and a "service contract"?

James Bell (Publisher, Auto Reviewer) gives expert video advice on: Does every new car come with a warranty?; What should I look for when comparing a new car warranty? and more...

An extended warranty is a document which provides peace of mind and coverage if there is something unforseen that happens to the vehicle. A service contract is something that addresses regular maintenance of the vehicle. One is providing peace of mind and one is facilitating easier use of the car.