Diminished Value Protection
Diminished Value Protection covers lost resale value after accident/ crash repairs, boosting customer trust and creating new dealership revenue through commissions and reinsurance.
How It Works
- Compensates customers for loss of vehicle value after repairs due to an accident
- Protects the customer’s investment beyond standard insurance
- Generates commission and reinsurance revenue for dealerships
Start Your Own Profitable Warranty Program Today.
Why Would I want to Offer One
- Customer Assurance: Offering a lifetime warranty helps reassure customers, as they won’t have to worry about potential repairs or the cost of fixing major components in the future.
- Enhanced Reputation: The program helps build trust and shows that the dealership is committed to high-quality products and services.
- Increased Sales Potential: A lifetime warranty can be a deciding factor for customers comparing dealerships, potentially increasing sales.
- Improved Customer Retention: Warranty Forever® fosters ongoing loyalty by encouraging repeat visits for maintenance and service, ensuring customers return to the dealership.
- Increased Profitability: With a focus on customer retention and repeat service business, the program can boost the dealership’s revenue over the long term.