Warranties are often ignored by outsourced finance and insurance (F&I) providers, and internal F&I departments often don’t have the knowledge base to find them.
Whether your customers find the necessary warranties on their own or your in-house F&I team offers a limited selection, you stand to gain from Finance Solution. We ensure your customers are happy with the warranties they choose before they leave your lot. Warranties are often difficult to understand, but we’ll make sure the terms are clear so there’s no confusion years down the line.
Boats are subject to a higher potential for damage than many road vehicles. If a certain part breaks down sooner than expected, there’s a good chance a warranty will cover it. However, this depends entirely on whether the provider offers the right options to the customer. Finance Solution has the expertise to help your customers make the right decision, and you’ll gain a new revenue stream in the process.
At Finance Solution, we do more than just help customers select the right warranties. If you’re interested in building out your own warranty program, we can assist with that too. We’ve got the flexibility to help businesses with whatever warranty service they’d like to provide.
When we say we can boost loan application approvals by 20%, the implications don’t just mean increased sales. With more sales comes an increased need for warranties. In other words, Finance Solution offers your dealership a new way to boost its bottom line.
With our history in the industry and love of boating, our team can find the perfect warranties for your customers. The best part? We’re always available. Many dealers avoid outsourced boat warranty companies out of fear they won’t be available in a pinch. That’s not the case with Finance Solution.
We can boost approvals by 20%, meaning you can sell additional warranties. The end result is happy customers with greater peace of mind.
When you get boat warranty insurance, you have a few options. Your dealer may try to talk you into warranties for different parts of your boat, such as the engine or outboard motor. However, those parts of your boat often have boat manufacturer warranties that cover repairs if you need them during the warranty period.
If you get boat warranty coverage through your dealer, look at your coverage booklet to see what their warranty covers. Ask your dealer if you can get a warranty wrap or pack that allows you to specify the boat parts you want covered. Finally, make sure that your warranty is not dealership branded. If you get a dealership-branded warranty for your boat, you can’t receive repairs just anywhere. Instead, you have to go back to your dealership.
All of these aspects may seem overwhelming. Fortunately, Finance Solution can help you navigate them. We’ll find the right warranties for your boating needs, including lifetime hull warranties, boat motor warranties, and boat extended warranties. We encourage you to choose only the ones that fit the type of boat you purchase and the ways you want to use it.
Boats are notorious for requiring more maintenance than other vehicles. In-house teams often don’t have the knowledge they need to inform customers about every warranty opportunity. When you offer a warranty program, you can help your customers protect their investments, provide routine maintenance, retain the resale value of their units, and give total peace of mind about their purchase.
Dealerships that outsource their F&I through Finance Solution regularly see a 20% bump in approvals and units moved off the lot.