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How to Launch Year Warranty For Free

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hey guys whats up its mcneil from uh loser automotive and uh in todays video im gonna be telling you the top i guess you can say the top three warranty companies to work with when you um open up your dealership because if you want to offer uh warranty to your customers uh who do you work with who who do you deal with okay um if youre new to this channel feel free to subscribe like share and leave your comments and thoughts in the comment section below and lets get into the video just multitasking youre trying to open up my shop while im making this video um anyway so which warranty company is uh good to sell warranty for so why first of all why do you want to sell warranties you want to sell warranties because uh it gives your customers a little bit of a peace of mind okay and on top of giving them a little bit of peace of mind you make a commission uh on selling those warranties as well okay so its an extra money driving or revenue stream for your business okay because selli

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Does everything have a 12 month warranty?

This is known as Statutory Rights and is additional to any warranty/guarantee provided by the retailer or manufacturer! There is no such thing as a 12 month guarantee with the retailer/seller. The length of time you have to return any product depends upon the life expectancy of the product.

Is extended warranty a monthly payment?

An extended warranty is basically a vehicle service contract that covers the repair costs after you purchase a vehicle. You pay a certain amount each month for this service plan until it is paid off. You can also opt for a one-time, annual payment.

Is warranty free of charge?

The main differences are: Guarantees are usually free and offered by the manufacturer. Warranties usually cost money and may be offered by the shop where you are buying the product.

How does a manufacturer warranty work?

A manufacturer warranty is offered to car buyers as a promise that the seller backs its vehicle against design defects. Auto dealers are bound by the manufacturer warranty (also known as the factory warranty) to repair, replace, or reimburse customers for damages that occur to a certain extent.

What are the disadvantages of an extended warranty?

Con: They Are More Expensive When Purchased Later The best prices, though, are when the vehicle is new. In addition, with a few miles on the odometer, you will command a top deal. For new cars, the service contract will not kick in for several years, usually near the time the original warranty expires.

Does warranty mean free?

If the item is covered by warranty, the manufacturer will repair or replace it free of charge. If it isnt covered by warranty, you may be able to have it repaired for a fee.

Do you have to pay for anything if you have a warranty?

If my car is under warranty, do I have to pay for a service? It depends on the service. If your car is under warranty but the repair or replacement itself is not covered, then you will have to pay for the service.

What is the cost of warranty?

Warranty expense is the cost associated with a defective product repair, replacement, or refund. A warranty comes with a warranty period during which the vendor or manufacturer of the good is liable for any defects that may appear during the use of the product.

Does a warranty get your money back?

For those with buyers remorse, theres good news most warranties can be canceled and youll get a prorated amount refunded.

Are manufacturer warranties free?

Since factory warranties are included in the price of a vehicle, you pay for the manufacturers coverage upfront, even through an auto loan. Mechanical breakdown insurance is usually limited to newer vehicles.

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