With Warranty Part, now you can get a warranty parts markup better than before. We are your reliable warranty retail rate reimbursement partner for your automotive dealership.
We are the pioneers in retail warranty reimbursement for dealerships. We ensure a hassle-free reimbursement process that gives you maximum advantage. We handle all the analysis, auditing, documentation and submission of your rate increase.
We are experienced parts management professionals with expertise in all major DMS systems. We offer our clients our years of knowledge and real world guidance on how to maximize profits you won’t get from an accountant or lawyer.
Selling parts sounds simple. Buy a part for X, sell it for Y. But managing a parts department is much more complex than a basic sales transaction. Parts inventories are the second largest capital investment of most dealerships and support both service and sales departments as well as wholesale and retail customers in their communities. With the many pressures of keeping a busy department running, it is natural for managers to simplify as many processes as they can. Pricing strategy is one aspect that is often set up with a “one size fits all” approach. While this may make it easier for employees to quote prices, it is not always the best plan for maximizing profits and growing the business.
We can help set up a pricing strategy that ensures the highest rates without pricing the store out of the market.
Selling parts sounds simple. Buy a part for X, sell it for Y. But managing a parts department is much more complex than a basic sales transaction. Parts inventories are the second largest capital investment of most dealerships and support both service and sales departments as well as wholesale and retail customers in their communities. With the many pressures of keeping a busy department running, it is natural for managers to simplify as many processes as they can. Pricing strategy is one aspect that is often set up with a “one size fits all” approach. While this may make it easier for employees to quote prices, it is not always the best plan for maximizing profits and growing the business.
We can help set up a pricing strategy that ensures the highest rates without pricing the store out of the market.
We are the pioneers of warranty reimbursement at retail. Dealers can rely upon our experienced team to maximize their rate increase and expedite the submission process while charging a low, flat fee that most dealers recoup within 1 month of receiving increased rates. We do not charge a contingency-based fee or take an annual percentage of the increase.
Reach us out for a better warranty parts markup!
Subscribe to our Newsletter to get the latest news about our products.
Yes. It’s the law in nearly every state, yet many dealers have not taken advantage of the potential windfall that a warranty uplift 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.
© 2024 All Rights Reserved | Wooden Automotive Consultants LLC
