Lifetime warranty is a marketing tool that translates to a sales and gross tool and then to a customer retention tool.
First of all, our Lifetime Warranty product is a true warranty, it is Magnuson-Moss Warranty Act compliant, (http://en.wikipedia.org/wiki/Magnuson-Moss_Warranty_Act). It is backed by a 140 year old company that has more that 22 Billion in assets.
Lifetime Warranty was originally developed for a one of the Largest Volume Toyota dealers in the USA, they were seeing that Hyundia was gaining market share with the 10 yr/100k mile warranty.
Once it was launched they saw HUGE results.
Traffic Increased
Sales Increased
VSC penetration Increased
Pre-Paid Maintenance Increased
Service Customer Retention increased
"Lifetime Warranty" is a Full Dealership Solution.
Contact me today to schedule a 20 minute online presentation