Warranty Parts Reimbursement
Warranty reimbursement rates can be as much of a business opportunity for dealers. Many manufacturers offer their dealerships an extremely lucrative rate when it comes time to cover warranty work. However, the law limits what they have available regarding financing options or how much profit each party will make off these deals – only 40%. There is still plenty left up between both parties, including cost-plus 90%, which average around $75K annually.
Why Consider Warranty Parts for Reimbursement?
- • We have over a decade worth of experience in warranty part reimbursement and servicing automobile dealership
- • Fully dedicated staff that works with a client through all phases of the process
- • No contingencies or hidden charges in the fee
- • We have already secured approvals of more than 1000 dealerships
- • Cost of service recouped in less than 30 days
Common Myths About Warranty Parts Reimbursement
- • The result will have minimal impact in the end. No! Majority of dealerships will receive an increase of at least $50,000 annually, covering the cost within 30 days while working as a perpetual revenue system.
- • The manufacturer will seek retribution against me. Not really. We performed these analyses and reimbursements for over a decade, and we see no evidence of manufacturers seeking direct retribution against dealerships.
- • Retail price and MSRP are equal, and MSRP is in the control of a manufacturer that is significantly less than the retail price in many cases.
- • Manufacturers will refuse approvals. The team at Warranty Parts is familiar with the laws and the processes that ensure higher chances of approvals.
- • Cost of service recouped in less than 30 days
- • Waiting is not costly. You become eligible for reimbursements almost immediately, and waiting time keeps the money you deserve out of your pocket.
Contact us for more information or set a meeting to initiate your reimbursement process.
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