Wise F&I is expanding their vehicle service contract (VSC) programs with the introduction of WiseMVP, a pre-owned motor vehicle service contract that rounds out Wise F&I’s VSC product suite. WiseMVP provides coverage for vehicles that are up to 20 years old and that have up to 200,000 miles.
Release: http://www.prweb.com/releases/wisefandi/wisemvp/prweb14290636.htm
With each company bringing unique go to market models this article looks into what Protective gained with its acquisition of US Warranty.
Volkswagen is trying to win back American customers after its diesel emission scandal with SUV warranties that it said will be the longest in the United States.
Full Article: http://www.reuters.com/article/us-autoshow-new-york-idUSKBN17D2MR
HomeServe USA, a leading provider of home emergency repair solutions, announces a record-breaking period of customer, partner and business growth in the 12 months ended March 31, 2017. As of March 31, 2017, HomeServe grew its customer base to 3 million households…
Full Release: http://www.businesswire.com/news/home/20170411005387/en/HomeServe-USA-Protects-3-Million-Customers
Where do Vehicle Service Contracts & Protection Plans Fit in Ally?Have you seen the Ally Bank television ad called, “Nothing Stops Us: Ally Team Huddle”? The team is gathered at Ally HQ in a glass enclosed conference room. A manager reminds the team, “Remember, here at Ally nothing stops us from doing right by our customers. Who’s with me?” The half-dozen people in the room respond with “I’m in” and reach their hands into the middle of an impromptu huddle. Just then, in her haste to join the huddle, a woman walks (crashes) into the conference room through a glass panel. Outside the room hundreds of more employees are rushing to get into the huddle. Motley Crew’s “Kickstart My Heart” is their clarion call. The ad is part of Ally’s 2016 enterprise-wide campaign themed “Do It Right.”
Complete Article: Ally Insurance 04182017r
With an important ruling pending the auto industry waits for a decision and clarity. – Source: http://www.businessinsurance.com/article/20170306/NEWS06/912312200/Higher-premium-cap-widens-appeal-of-831b-microcaptives
According to a new survey from AAA 64 million drivers would not be able to pay for an unexpected vehicle repair without going into debt. This serves to reinforce the value of service contracts.
National Automotive Experts, a leading provider of auto, RV, and powersport F&I products, launches Motorcycle Warranty Forever.
Full article: http://www.motorcyclepowersportsnews.com/national-automotive-experts-motorcycle-warranty-forever/
F&I managers encourage customers to buy a service contract, not a “warranty,” but does the sales team?
Are CPO vehicles really worth the price premium you pay?
Article: http://www.consumerreports.org/used-cars/what-to-know-about-certified-used-cars/