VSC Refund Program

The Refund Program allows dealerships to offer 100% purchase price refund on contracts without changing their EXISTING vehicle service contract provider. This product has had overwhelming support from dealers, consumers and vehicle service contract company administrators.

The Refund Program is normally presented as part of the service contract presentation made by your finance department or business office. Dealers both large and small have seen an average 23% increase in service contract penetration when the Refund Program is offered with every eligible vehicle service contract. It just makes good business sense to the customer. Protect their investment and if they don’t use the VSC they get their money back. Gross profits have also increased due to higher perceived value.

The refund agreement to provide 100% refund of the vehicle service contract price if it is never used is between the customer and the administrator. For security and peace of mind the Refund Program is reinsured by an AM Best “Excellent” rated company. Dealer clients from coast to coast have written to tell of their significant increase in penetration, higher gross profit per deal, and improved CSI. Consumers are more likely to purchase a vehicle service contract once they know they can get their money back if they never use any of the benefits. It has simplified the sales presentation and turns even the most difficult prospect into an owner! An easy decision to make…….

The Refund Program has quickly proven it’s value in:

  • INCREASES Service Contract Penetration (10% - 50%) … and more!
  • INCREASES Perceived Value – Customers will pay more  – Up nearly $300!
  • REDUCES Early cancellations
  • REDUCES Claims against your VSC portfolio.
  • REDUCES Loss ratios – Increasing back end earnings
  • IMPROVES CSI long term. Customers love it! They win either way!
  • IMPROVES Customer retention – Dealer is notified when customer receives refund with current contact information. Perfect opportunity to sell them another car.

A FULLY INSURED PROGRAM by an AM BEST “Excellent Rated” Company.

REGAIN LOST PROFITS NOW!