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Not the usual question, but can anyone help me out with a Warranty question?

I have a question and would like to see if someone can give me some advice or direction. I am the Internet Director for 2 Luxury auto lots. We have heard through another dealership friend of ours that a dealership can do their own warranties on used cars. We have a full service shop and have toyed with this idea. Anyone have any experience with this type of service offering?

 

Tim S.

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Are you wanting to do your own warranty company? Or do a white label program from one of the national warranty companies?

 

I work with several A rated warranty administrators that can do a program for your dealership. It would just really depend on the inventory you have to see who would be the best fit for you. It can be a great additional source of revenue for your dealership as well.

 

If you  want me to give you any more information please give me a call at 940-453-4197 or email me at eric@salessolutionsfirst.com   

 

Have a good day.

We are looking to do our warranties if possible, offer the warranties, put the money to the side for the time/mileage say 12/12 or 24/24 power train or something and then if issues come up, handle the repairs in our own repair shop. Basically. Otherwise if not possible then we will entertain programs for sure. Also looking for a good company to sell GAP through

Ok, that makes sense. I can recommend one administrator that helps you set up your own reinsurrance company for the warranties. You keep all of the funds in your account and they handle the administration side.

 

 

The Gap is easy to do. I have 2 administrators that I would highly recommend. They are very solid and have great pricing.  Would you want to do a call later?

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