In today’s automotive landscape, dealerships must innovate to unlock sustainable revenue streams. AssetPro: Repaired For Life not only transforms your service department’s profitability but also offers a customer-focused solution that enhances retention and boosts revenues.
What is Repaired for Life?
Repaired for Life provides customers with a lifetime warranty on parts and labor for qualified repairs. This product creates a new revenue stream for your dealership. It adds value and fosters long-term loyalty.
How It Works to Unlock New Revenue With Repaired for Life
Unlocking new revenue with Repaired For Life lies in its automation. Specifically, your team doesn’t need to sell it. Instead, qualified repairs automatically appear on repair orders (ROs). This streamlined process allows service advisors to focus on delivering great customer experiences.
Cost and Claims Process
Moreover, Repaired For Life has no setup fees or costs for your dealership. Customers fully fund it. Service advisors enter the customer’s name and VIN into the portal to get claims approved over 95% of the time. This efficiency improves service and reduces wait times.
Key Benefits
You might be thinking, “This sounds too good to be true.” However, the reality is that Repaired for Life is both easy to implement and even easier to use. It’s a repeatable solution designed to generate retention and revenue for your service department. Here are some of the key benefits:
Enhanced Customer Value: A lifetime warranty differentiates your dealership from the competition.
Increased Profitability: This generates revenue without affecting existing services.
Improved Retention: Customers with warranties return for future services.
Efficiency: The automated system simplifies operations without adding complexity.
Customer Peace of Mind: Warranties build confidence in service investments.
Real-World Impact
By implementing Repaired For Life, you can potentially increase your service department’s profits by up to $288,000 with minimal effort. Furthermore, the program ensures 100% penetration on all Customer-Pay ROs, thereby maximizing coverage and profitability. With a 17% loss ratio, you can expect higher retained profits.
Additionally, the automated claims process supports your team, allowing service advisors to focus on customers rather than paperwork.
Long-Term Vision
Ultimately, our goal is to give your dealership a competitive edge in a changing market. By adopting Repaired For Life, you position yourself as an industry leader focused on innovation and customer satisfaction.
Take Action – Unlock New Revenue: Repaired For Life
Unlocking new revenue with Repaired For Life goes beyond just a product; it is a strategic advantage that can redefine your revenue and retention efforts. Don’t miss this opportunity. Therefore, contact us today to schedule your installation or learn more about how Repaired For Life can benefit your dealership.
In conclusion, revolutionize your revenue streams and set your dealership apart with AssetPro: Repaired For Life. Act now to start reaping the rewards!
The Kintz Group specializes in training dealership managers and sales team, growing profits in every department. If you’re looking to close more deals, enhance the customer experience, and have an industry renowned coach, click here to learn more about KintzNOW! And don’t forget to follow us on Instagram, YouTube, and LinkedIn!
