NEWS

A leading warranty-provider is championing a new training concept to maximize aftersales profits. The Warranty Group aims to train new aftersales ‘superchampions’ to get the most out of dealer profit potential. Designed and introduced in 2008 to develop on the successful ‘champion’ concept – which typically achieves a fourfold uplift – the firm has high [...]

VAUXHALL has launched a lifetime warranty deal on all new cars sold through its car dealer network from now. The new car warranty removes any ‘total years’ stipulation. This means the warranty is potentially better even than Kia’s market-leading 7 year warranty. However, there are some notable clauses with the Vauxhall scheme. It is only [...]

CAR dealers can make money from the fashion for larger alloy wheels thanks to finance firm Alphera. The BMW Group Financial Services division has set up a special new scheme that could earn dealers £15k a year! This comes courtesy of a new scheme that covers buyers who select big, expensive wheels and tyres against [...]

WMS Group has launched a new sales and training website specifically for approved UK car dealers. It is hoped the site will sustain growth of both car dealers and Thame-based WMS Group. Stephanie Colinswood, WMS Group marketing manager, said ‘This is a very exciting development of our business – the site was created with the [...]

WMS Group has recruited new car dealers for its range of warranty products in both Scotland and Ireland. Stephanie Colinswood is marketing manager of the Oxfordshire group, and reports that business is continuing to expand. ‘More and more dealers are beginning to realise the benefits of choosing the WMS Group to be their extended car [...]

PRIVATE buyers who don’t get an inspection done can face pricey repairs within weeks warns one car dealer. Carsite.co.uk’s independent RAC inspector says that those buying privately are not protected legally – and many are finding the risk to be a costly one. Government MOT stats show a large number of models are being sold [...]

USED car buyers are prioritising reliability more than ever when making their secondhand buying decisions. RAC Warranty says ‘safe’ choices that will not have big bills in store are becoming the order of the day. It’s because buyers are more anxious than ever about the effects of the recession, said sales and marketing director Ian [...]

PORSCHE has introduced a standard 2-year warranty for all cars sold on its official Approved Used scheme. It includes a 111-point check and reconditioning up to a minimum standard, using Porsche Genuine parts, before approval is granted. Not that Porsche reckons it’s a big expense – the maker says the fact two-thirds of all Porsches [...]

USED car buyers are returning to the market but also continuing to seek the protection of a longer warranty. The trend to choose longer and better warranties than before the recession has not abated, reveals RAC Warranty. This is despite a used car sales upturn showing market confidence in general is much better than it [...]

CAR dealers are failing to calculate profits from warranties correctly which is costing them big returns. RAC Warranty reckons many dealers fail to realise the uplift in aftersales that warranties bring. By only analysing Point Of Sale profit potential, the importance of warranties is not being correctly emphasised during the sales process. RAC Warranty reckons [...]

FERRARI says it now boasts the most reassuring official used car warranty support package on the market. The firm reports it is seeing a big upturn in interest for used stock following its extended used car warranty announcement. This sees Ferraris aged up to 8 years covered by a full 2 year used car warranty [...]

PORSCHE is finally bowing to the inevitable and launching a 3 year warranty for its new car range. All 2010 model year cars will carry the 3 year warranty – and will start to arrive in Porsche car dealers from May. Porsche brand communications man Wayne Dorley told Car Dealer Magazine it was due to [...]

FRANCHISED car dealers are beating independents when it comes to maximising sales opportunities for car warranties. RAC Warranty says there is huge untapped potential for independent car dealers to sell both more comprehensive and longer-term car warranties. It’s a situation that shouldn’t arise either, says sales and marketing director Ian Simpson: ‘There is no reason [...]

HONDA is launching a new programme to manage car repairs after a customer has an accident. The ‘Honda Accident Repair Programme’ is said to be a unique initiative in the car industry. It is described as raising the benchmark for after-accident customer care, and is headlined by the fact it guarantees a replacement car for [...]

CAR dealers are starting 2010 with a big competitive review of their current car warranty suppliers. RAC Warranty says the search for extra revenue means dealers are asking more from warranty providers. And they are more than willing to change if they think their current supplier is not providing good value. Director Ian Simpson said [...]

FERRARI has become the first car maker to give a 2 year warranty on all Ferrari Approved used cars. Every model sold by an approved franchise will now get the 24-month Power Warranty cover. To keep valid throughout the cover period, Ferrari drivers must service their car at an official Ferrari dealer, or an authorised [...]

MERCEDES reports that 40 percent of approved used customers are choosing a flexible pay-monthly deal. This big uptake rate comes just 4 months after the new Mercedes Online Warranty was launched. Car dealers are winning big as a consequence. The firm says that a high proportion of upsales are occurring to customers whose new car [...]

MOTOR Codes subscribers have another new member as warranty firm AutoProtect signs up. The car warranty company will add further to the 3 million car-related products Motor Codes members already administer. ‘This is good news for consumers,’ said Motor Codes director Chris Mason, ‘as yet another organisation demonstrates its willingness to embrace self-regulation for the [...]

KIA has wowed the car industry by giving EVERY SINGLE NEW CAR a full 7 year warranty sold from today! The staggering deal instantly makes it the best new car cover offer in the industry. Previously, it was restricted to the cee’d and Sportage. But now, all Kias are getting it – including the smash [...]

MOTOR Codes has just announced yet another adoptee as warranty firm AutoProtect signs up. This further adds to the 1.75 million warranties Code subscribers currently administer! It’s ‘good news for consumers,’ said Motor Codes Director Chris Mason. ‘The Vehicle Warranty Product Code enables responsible businesses such as AutoProtect to demystify the terms and conditions of [...]