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Extended Warranty

A cornerstone product in any finance presentation is the EPLA. (Extended Parts and Labor Agreement, often referred to as “extended warranty” or “extended service contract”.)

When properly presented, more than half of your customers will opt to add the protection.

For the consumer, a reasonably priced policy will often pay for itself with a single trip to the service department. For most, a few dollars per month included on the finance contract is easier on the budget than costly unexpected repairs.

For the dealer, there are at least five major benefits:

  1. Profit margin is typically in the 100% range.
  2. Profit is derived from a product that has no cost to carry in inventory.
  3. Increased customer loyalty to your service department.
  4. Increased customer satisfaction.
  5. Increased long-term customer retention.

CFR represents a variety of reasonably priced quality products. Whether you’re adding to your current product lineup, considering a change, or just want an objective evaluation of your current program we can help. (If you’ve got a good program now, we’ll tell you so.)

For information about product availability in your state, please complete our "Contact us" form.

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“Fill your head with knowledge, and your head will fill your purse.”

~Benjamin Franklin - America’s first self made millionaire~

 

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Copyright © 2004 - 2008 CFR Incorporated. All Rights Reserved.
P.O. Box 671, Mead, CO 80542 • Phone – 970-535-0838 Fax- 970-535-4881