At the forefront of automotive industry transformation, our team of professional dealer warranty services consultants are dedicated to driving dealership success. Harnessing our expertise and unique insights, we guide dealerships through challenges, identifying opportunities and developing strategic solutions that boost performance and profitability.
Laws requiring manufacturers to reimburse franchised dealers at retail rates for dealer services warranty are active in nearly every state, yet many dealers fail to take full advantage of them. While the concept is simple, the complexities vital to a successful application can be overwhelming.
Wooden Automotive Consultants are experts at warranty rate uplifts with more than 25 years of experience.
Warranty expense for auto manufacturers increased $2 billion between 2018 – 2019 to $49 billion. Much of the increase can be attributed to recalls, expensive technology, and the rise in reimbursement rates for franchised dealers who use dealer warranty services. Manufacturers want to reduce and recover as much of that expense as possible, and the easiest way to do that is by auditing dealers.
If the factory performed a warranty audit on your store today, will you be confident of the results?
Are you unsure or even nervous of a large chargeback?
Wooden Automotive Consultants can give you peace of mind with a comprehensive warranty review and real-world procedures and solutions.
Maintaining a profitable business in today’s world, especially in the realm of dealer services warranty, is getting harder each day, but profitability is not by accident. Proper processes and procedures are the key to a profitable business but are often outdated or missing in many dealerships.
With over 30 years of dealership management experience, Wooden Automotive Consultants has the knowledge and expertise to customize a plan to help your store run more smoothly and profitably.
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Yes. It’s the law in nearly every state, yet many dealers have not taken advantage of the potential financial benefits that this can bring.
Yes. Check out our website interactive map www.warrantypart.com. Read your state’s law regarding warranty rates.
This is a common misconception and often paralyzes dealers with fear. The truth is most state laws are specifically written to protect dealers from punitive audits by the factory. In our 25 + years of experience, we have never had a client audited due to a rate increase.
Remember, the factory has a team of legal experts dedicated to stopping dealers from receiving higher rates. Ask yourself these important questions before attempting it on your own:
We charge a low, flat fee and never take a cut of your increase.
45 – 60 days on average from start to finish. Most states allow the factory 30 days to review your claim.
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