Just like with financing and insurance, providing warranties directly or leaving customers to their own devices to find warranties is a recipe for frustration. Instead, Finance Solution simplifies the entire process by pointing customers in the right direction and offering advice on which warranties are appropriate for tier-specific vehicle or financial situations.
Gap Coverage – Sometimes called gap insurance, these plans essentially cover the balance if the cash value of a new vehicle is lower than the loan amount. This is referred to as “negative equity,” and isn’t as uncommon as some may think. Immediately when ownership is transferred and a customer drives off the lot, the value of the vehicle is depreciated. In other words, many loans start off in a negative equity situation.
Service Contract – Often confused with prepaid maintenance plans, a service contract is essentially an agreement that ensures the vehicle is kept in good working order throughout its life by scheduling maintenance at known mileages or timelines.
Tire and Wheel – Perhaps the most heavily used component of any RV or trailer is sadly forgotten. After all, when purchasing an RV, the first thought is often the wonderful interior features. Tires and wheels are some of the first parts to be worn down, particularly on heavy vehicles like RVs.
These are only some of the warranties and support plans we can procure. The more you are able to provide for your customers, the better their experience. The better their experience, the more referrals and repeat business.