NATDA has developed a great member benefit called the Tire
and Wheel Road Hazard Protection Plan. We would like to draw
more attention to this affordable and easy protection plan for
your customers. NATDA has seen many dealers make a nice
profit from partnering with us on this member benefit. Taking
advantage of this member benefit is easy and the numbers below
prove just how much additional profit can be made. For example
we had a dealership in 2014 make $26,895 gross profit from this
member benefit:
Total
Contracts
sold in 2014
Dealer
pays
charge
customer
55
$110
$499
55 x $110 = $6,050
total cost for your dealership for 55 protection plans
55 x $499 = $32,945
total revenue generated for 55 protection plans
$32,945 - $6,050 = $26,895
total gross profit generated for 55 protection plans
The retail rates vary per state but this provides you with a
brief overview of how much revenue can be generated. Florida
retail rates for trailers for 5 year protection plans vary at
approximately $320 per contract. The benefit includes a 5
year warranty program covering both the trailer and the
towing vehicle (when the tow vehicle is attached and is being
used to tow the listed trailer). There is absolutely no deductible
to your customer!
COVERAGE INCLUDES THE FOLLOWING:
Repair or replacement coverage for tires and rims caused by
road hazards such as potholes,
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NATDA Magazine
debris or damage
beyond normal
wear and tear.
Towing &
Roadside
Assistance is available
24-hour (365 days
per year). Dispatched
services include
assistance with
changing your tire and
if you do not have an
inflated spare tire, we
will tow you to the
nearest service
station.
Reimbursement is
provided for the full
amount of charges
incurred for the
repair of the flat
tire(s).
Additional wheel/rim plus mounting/balancing protection will
also apply.
NSD will absorb the cost of all local and state taxes (where
applicable), as required.
Offer your customers the protection they need, while adding
value to your new and used inventory with the Tire and Wheel
Road Hazard Protection Plan. No setup fees and no minimum
contract sale will apply to your dealership (please note: certain
restrictions apply according to your state).
For more information call NATDA directly at 727-360-0304.
www.natda.org