Guaranteed Asset Protection (GAP)
Offering powersports & motorcycle ATV, UTV, or Golf Cart GAP (Guaranteed Asset Protection) covers the difference between a totaled/stolen vehicle’s insurance payout and the remaining loan balance, plus up to $1,000 toward the deductible. It protects customers from out-of-pocket loss and adds value to dealership financing programs.
How It Works
- Covers the difference between insurance payout and remaining loan balance
- Includes up to $1,000 toward the insurance deductible
- Adds value to powersports financing while increasing dealership profit
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.