Your 3rd Party Warranty Provider
Finding the ideal warranties to keep your customers protected.
Many outsourced finance and insurance (F&I) providers are missing at least one critical piece in their service offerings: warranties. By partnering with Finance Solution, you can offer your customers a complete solution, effectively handing them off once agreeing on a particular vehicle.
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.
Revolos, AGWS, and Tire Shield are just a few of the warranty providers we work with to cover your customers’ new vehicles from roof to pavement. Once your RV dealership develops a reputation as the one that handles every step of the process, more positive reviews and business are virtually guaranteed.
Boats are notorious for requiring maintenance. If they weren’t so fun to own, the trouble might put off otherwise excited customers. Finance Solution is helping to dispel that perception. We aren’t making boats maintenance-free, but we are delivering a way for customers to be 100% sure their new boat is protected.
We shop around to find the best warranties so you can offer complete coverage for your customers.
Dealerships that outsource their F&I through Finance Solution regularly see a 20% bump in approvals and, by extension, units moved off the lot.