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July 03.2025
2 Minutes Read

Exploring Used Car Market Inflation: Insights for Dealership Owners

White sedan in parking lot at sunset reflecting used car market inflation

Rising Trends in Used Vehicle Prices

The used car market is seeing a notable inflation trend, with average prices increasing by 1% in June, reaching $18,234. Although this shows a slight improvement from the previous month, the year-over-year figures reflect a stagnant market where prices have fallen at the same rate. Driven largely by supply constraints and increased consumer demand following the early spring shopping surge, the industry's recovery seems mixed.

Key Insights on Pickup Truck Prices

One segment particularly standing out is pickup trucks, where prices surged significantly this month. The average cost of used trucks rose approximately $1,100, marking a notable uptick of 3% to $34,420. This surge is the most substantial observed since May 2023, indicating a robust demand that could suggest a recovery in consumer confidence.

Hybrids and Electric Vehicle Price Growth

The price evolution isn't limited to traditional vehicles. Hybrid and electric vehicle prices have also followed this upward trend, with average costs climbing over $2,300 since January. In June alone, prices increased an average of $850, leading to a notable average of $31,494 for these segments. As more consumers prioritize environmental sustainability, these models are becoming more attractive, suggesting a potential shift in market preferences.

The Decline of Minivan Values

Interestingly, not all vehicle types share in the inflating trend. Minivans have seen a price drop of 1% this month, bringing their average price down to $22,478. This decline illustrates a changing consumer preference wherein families may be favoring SUVs or crossovers instead, altering the landscape of vehicle desirability.

The Impact of U.S. Trade Tariffs

The observed increase in prices can also be linked to market reactions following fears of impending U.S. trade tariffs, which left many consumers rushing to purchase used vehicles. This urgency for immediate ownership has temporarily inflated demand and prices, reflecting broader economic anxieties about future affordability in the automotive market.

Looking Towards the Future: What Lies Ahead?

As the market continues to navigate these complexities, it's important for car dealership owners and general managers to monitor pricing trends closely. Understanding the fluctuating dynamics can assist in making informed decisions and planning their sales strategies accordingly. This becomes even more crucial as consumer demand evolves; staying ahead of these trends could position dealerships for success.

The used market inflation underlines a dichotomous landscape where some segments flourish while others experience decline. As we move forward, embracing automotive training programs and digital marketing strategies can equip dealerships with the necessary tools to stay competitive and informed. For those looking to dive deeper into auto sales strategies or automotive training resources, reach out for more information. You can call us at (860) 707-9125 for further assistance!

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07.03.2025

Using Service Departments to Drive Used Car Sales and Loyalty

Did you know that 78% of customers who use a dealership’s service department buy their next car from the same dealership? This startling statistic reveals the immense potential of service drive used car sales as an untapped goldmine for dealerships aiming to not only increase profitability but also deepen customer loyalty. In this article, we explore comprehensive strategies, expert insights, and practical tips that dealerships can implement to optimize this powerful sales channel. Startling Insights: Why Service Drive Used Car Sales Are the Hidden Goldmine for Dealerships Service drive used car sales represent a pivotal yet often overlooked source of revenue. Mark May, of Advantage Warranty Group, explains that >79% of customers returning for service end up purchasing their next vehicle from the same dealership. This creates a unique opportunity for dealerships to nurture enduring relationships through their service departments. The service drive isn’t simply about vehicle maintenance any longer; it’s a critical engagement point where dealers can identify potential used car buyers, showcase targeted products, and close impactful sales. With modern technology integration and strategic staff training, dealerships can transform service interactions into profitable sales engines. Understanding Service Drive Used Car Sales: Definition and Importance The Role of Service Departments in Modern Car Sales The service drive used car sales concept involves leveraging the dealership’s service department as a prime channel for converting service customers into used car buyers. Service departments are naturally positioned to engage customers with active vehicle ownership, providing ideal touchpoints for sales staff to build rapport and present used car options seamlessly. Mark May emphasizes that integrating tailored warranty and protection products during service visits creates trust and loyalty, enhancing the likelihood of repeat sales. Today’s service departments do more than repairs—they cultivate relationships and referral opportunities—making them critical for a dealership’s used car inventory and profitability. How Car Dealerships Can Optimize the Buying Process Through Service Drive Used Car Sales Integrating Technology for a Streamlined Buying Process Dealerships maximize service drive used car sales by embracing technology platforms such as Dealer Center, which enable seamless integration of sales and service workflows. This integration simplifies transaction processing, reduces wait times, and facilitates cross-selling of extended service contracts and used car deals right at the service bay. According to Mark May, “Our close ratio is about 78% with dealerships leveraging integrated software, proving that convenience and speed directly impact sales volume.” By automating key processes and using data-driven marketing tools, dealerships can identify ideal used car candidates among service customers and tailor offers for higher conversion rates. Building Customer Loyalty Through Service Drive Used Car Sales Expert Insights on Loyalty and Repeat Sales Mark May, of Advantage Warranty Group, states, “Your best used inventory always comes from your current client database. Creating loyalty through service visits is key to sustained sales growth.” Customer loyalty plays a crucial role in sustaining service drive used car sales . The service drive helps dealers continuously engage customers, making their dealership the go-to destination for vehicle needs. Mark May highlights that just two or three visits to a dealership are enough for customers to perceive it as their trusted dealership, resulting in natural referrals. Loyalty programs, coupled with extended service contracts and warranty offerings, enhance this connection by delivering peace of mind—encouraging customers to return for future purchases and maintenance. Common Misconceptions About Service Drive Used Car Sales Why All Car Dealers Are Becoming Used Car Dealers Contrary to the belief that only specialized used car dealerships thrive in used car sales, Mark May explains that today “all car dealers are becoming used car dealers.” The changing market dynamics, including manufacturer production constraints and evolving customer preferences, compel dealerships to diversify inventories, often trading and selling multiple makes and models. Service departments further fuel this transition as they facilitate in-house used car identification and acquisition. It’s a strategic evolution where every dealership can effectively capitalize on its existing customer base and service interactions to grow used car sales. Actionable Tips for Maximizing Service Drive Used Car Sales Train sales and service staff to identify and engage potential used car buyers during service visits. Use data mining and AI tools to target customers with expiring warranties for timely extended service contract offers. Integrate warranty and gap products within the service-to-sale process to provide customers peace of mind and boost dealer profitability. Leverage technology platforms like Dealer Center for seamless transaction management and enhanced customer experience. Implementing these tailored strategies ensures that dealerships not only identify sales opportunities but also cultivate customer loyalty and trust. Staff readiness and technology adoption are the pillars that support an effective service drive used car sales strategy capable of sustainable growth. People Also Ask: Key Questions About Service Drive Used Car Sales What service pays the most for used cars? How much does a car salesman make on a $30,000 car? Does the sales to service handoff include all used cars? Do dealerships fix used cars before selling? FAQs About Service Drive Used Car Sales Question Brief Answer What service pays the most for used cars? Typically, trade-in appraisal services and certified pre-owned programs offer the highest returns. How much does a car salesman make on a $30,000 car? Commissions vary but average between 20% to 30% of the profit margin on the sale. Does the sales to service handoff include all used cars? Yes, effective handoffs include all used vehicles to ensure consistent customer experience. Do dealerships fix used cars before selling? Most dealerships perform inspections and necessary repairs to meet quality standards. Key Takeaways on Service Drive Used Car Sales Service drive interactions are a critical touchpoint for driving used car sales and building customer loyalty. Integrating technology and warranty products simplifies buying processes and increases closing rates. Loyalty programs and service contracts encourage repeat business and boost dealership profitability. The evolving used car market requires dealerships to leverage their service departments effectively for sustained success. Conclusion: Transform Your Dealership’s Sales Strategy with Service Drive Used Car Sales In the current automotive landscape, service drive used car sales represent a powerful yet underutilized channel to enhance dealership profitability and build lasting customer loyalty. As Mark May of Advantage Warranty Group asserts, the key lies in integrating innovative technology, training staff to recognize and seize used car sales opportunities during service visits, and developing loyalty-driven product offerings like extended service contracts. Dealerships that embrace these best practices position themselves ahead of the competition by turning every service visit into a potential sale and reinforcing strong customer relationships. Ready to transform your sales strategy? Start leveraging your service drive today to unlock new revenue streams and ensure long-term dealership success.

07.03.2025

The Growing Trend of Multi-Brand Used Car Inventories at Franchise Dealerships

Did you know that over 60% of car buyers now consider multi-brand used car inventory when shopping at franchise dealerships? This shift is reshaping car sales and dealership strategies nationwide. As the automotive marketplace evolves, franchise dealerships are embracing this trend to expand their offerings and better meet customer expectations. The multi-brand used car inventory concept not only broadens vehicle selection but also enhances customer loyalty and profitability for dealerships. Overview of Multi-Brand Used Car Inventory in Car Sales The multi-brand used car inventory refers to the practice of franchise dealerships stocking used vehicles from several different manufacturers rather than limiting their stock to their own new car brand. This approach has gained significant importance as dealerships adapt to changing consumer preferences and supply chain realities. Traditionally, franchise dealerships focused mainly on their own brand’s vehicles; however, expanded multi-brand used inventories allow them to provide a wider variety of options, increasing appeal to a broader customer base. Franchise dealerships are rapidly adapting to this trend by actively sourcing, certifying, and offering multi-brand used cars within their lots. This adaptation enriches the car buying experience by giving customers diversified choices under one roof, which simplifies the shopping process and allows for more tailored deals and financing options. Customers benefit from increased convenience and flexibility, while dealers gain new revenue streams through service contracts and repeat business. Definition and significance of multi-brand used car inventory How franchise dealerships are adapting to this trend Impact on car buying experiences and customer choice Mark May, of Advantage Warranty Group, explains, "Your best used inventory always comes from your current client database. Creating loyalty through multi-brand offerings is key to long-term success." Why Franchise Dealerships Embrace Multi-Brand Used Car Inventory Franchise dealerships are increasingly embracing multi-brand used car inventory for several strategic reasons that enhance their business resilience and customer relations. Firstly, by offering diverse vehicle options across various manufacturers, dealerships significantly expand their potential customer base. Buyers are not restricted to one brand, which is particularly valuable given the current challenges manufacturers face in allotting new car inventory. Secondly, the ongoing constraints in manufacturer allocations make it necessary for dealerships to rely more on used car sales to meet demand. Multi-brand used inventories allow them to offer competitive and attractive inventory that aligns with customer preferences, even when new cars are scarce. Finally, these inventories increase profitability by allowing dealerships to promote extended service contracts applicable across multiple brands. Such products increase after-sale revenue and foster stronger customer loyalty as vehicle owners choose to return to the dealership for maintenance and repairs. Expanding customer base by offering diverse vehicle options Responding to manufacturer allocation constraints Increasing profitability through extended service contracts Benefits of Multi-Brand Used Car Inventory for Car Dealers and Customers The multi-brand used car inventory trend yields multiple benefits for both dealerships and their customers. For dealers, it means greater flexibility in meeting consumer demands and an opportunity to cultivate customer loyalty via a broader array of services and products. Customers enjoy an enhanced buying experience, as the availability of various brands under one dealership roof allows tailored choices for preferences, budgets, and financing options. Moreover, extended warranties and service contracts offered across these multiple brands provide buyers with peace of mind. These protection plans cover vehicles regardless of brand, including aftermarket modifications – a feature highlighted by industry experts as transformative for customer confidence. This reassurance encourages repeat business and strengthens the ongoing relationship between customers and dealerships. Enhanced customer loyalty and repeat business Greater flexibility in car shopping and deals Peace of mind with extended warranties across brands Gary Silman, a veteran car dealer, notes, "With multi-brand inventories, dealerships can meet customer needs better and build loyalty by offering protection plans that cover various makes and models." How Multi-Brand Used Car Inventory Enhances Car Buying and Car Shopping Car buyers today value flexibility and convenience more than ever, and multi-brand used car inventory directly supports these priorities. Customers can customize their vehicle choice and payment terms more freely when multiple brands are available in a single dealership’s inventory. Access to a wide range of car deals and financing options enables customers to find vehicles that best match their lifestyle and financial situations without visiting multiple dealerships. Franchise dealers with comprehensive multi-brand inventories simplify the buying process, offering streamlined services from browsing to financing to extended warranties, all under one roof. Customers can customize their payment and vehicle choice Access to a wider range of car deals and financing options Simplified buying process at national used car dealerships Technology and Integration Driving Success in Multi-Brand Used Car Inventory The success of franchise dealerships expanding into multi-brand used car inventory increasingly depends on advanced technology and systems integration. Integration with dealer management systems such as Dealer Center allows seamless access to customer data, vehicle inventory, and warranty products, significantly improving sales efficiency. Artificial intelligence and data mining technologies are now being applied to identify valuable trade-in leads and targeted service customers within dealer databases. This targeted approach boosts customer retention and sales by proactively offering extended service contracts and trade-in deals based on real-time analytics, thereby increasing close ratios in the sales process. Integration with dealer management systems like Dealer Center Use of AI and data mining to target service drive customers Streamlined sales process increasing close ratios Mark May shares, "Our integration with Dealer Center has boosted our close ratio to 78%, making it easier for dealers to offer multi-brand service contracts seamlessly." Customizing Payment and Protection Plans Across Multiple Brands Extending the benefits of a multi-brand used car inventory beyond vehicle selection, dealerships offer tailored payment and protection plans that cover every brand on the lot. These extended service contracts include coverage for aftermarket modifications such as lift kits and custom wheels, which traditionally posed challenges in warranty coverage. By providing comprehensive warranty coverage adapted to customer needs, dealers help buyers secure peace of mind for their investment regardless of which vehicle they purchase. This flexibility gives customers confidence to explore various brands while maintaining protection, which fosters long-term loyalty and repeat business. Offering extended service contracts tailored to customer needs Covering aftermarket modifications like lift kits and wheels Providing peace of mind with comprehensive warranty coverage Common Misconceptions and Challenges in Multi-Brand Used Car Inventory Despite the clear benefits, some misconceptions and challenges surround the implementation of multi-brand used car inventory strategies at franchise dealerships. One common concern is the capability of servicing non-franchise brand vehicles within a franchise dealership's service department. However, with expanded training and cross-brand service contracts, this is becoming less of a barrier. Another misunderstanding involves warranty coverage for aftermarket parts like custom wheels or lift kits. The latest extended service contracts now explicitly cover these commonly modified elements, addressing previous dealer and customer concerns. Finally, overcoming traditional brand loyalty barriers requires dealerships to educate customers about benefits of multi-brand offerings and protection plans, emphasizing convenience and comprehensive care. Concerns about servicing non-franchise brand vehicles Misunderstandings about warranty coverage on aftermarket parts Overcoming traditional dealership brand loyalty barriers Actionable Tips for Dealers to Maximize Multi-Brand Used Car Inventory Sales For dealerships looking to capitalize on the multi-brand used car inventory trend, several strategic best practices can drive success. Leveraging the service drive is critical, where engagement with service customers can reveal trade-in opportunities and allow timely promotion of extended service contracts. Sales teams must be trained diligently to communicate the benefits of multi-brand protection plans effectively. Using role-play and targeted coaching helps salespeople become confident advocates for these products. Finally, investing in technology integrations with dealer management systems streamlines inventory management, warranty sales, and customer communication, simplifying processes and improving sales close rates. Strategies to Maximize Multi-Brand Used Car Inventory Sales Strategy Benefit Implementation Tip Service Drive Engagement Increased trade-ins and loyalty Data mine service records for warranty expirations Sales Training Higher conversion rates Role-play multi-brand sales scenarios Technology Integration Simplified process Adopt Dealer Center or similar dealer management systems People Also Ask What is multi-brand used car inventory? Multi-brand used car inventory refers to the practice of franchise dealerships stocking and selling pre-owned vehicles from multiple manufacturers rather than just their own brand. How does multi-brand inventory benefit car buyers? It offers customers more vehicle choices under one roof, which simplifies shopping and provides greater flexibility with deals and financing. Can franchise dealerships service all brands in their used inventory? Yes, with the right training and extended service contracts, franchise dealerships can service and warranty vehicles from multiple brands effectively. What role do extended service contracts play in multi-brand sales? Extended service contracts provide peace of mind by covering repairs across multiple brands and aftermarket modifications, encouraging customer loyalty and repeat business. Key Takeaways Multi-brand used car inventory is a growing trend that enhances customer choice and dealership profitability. Technology integration and extended service contracts are critical success factors for dealerships expanding multi-brand used inventories. Building loyalty through comprehensive service and protection plans drives repeat business and strengthens customer relationships. Dealers should embrace multi-brand strategies to adapt to changing market conditions and new challenges post-COVID. Conclusion: Embracing Multi-Brand Used Car Inventory for Future Growth The automotive retail landscape is clearly shifting, and franchise dealerships that adopt a multi-brand used car inventory approach position themselves for sustainable growth. As Mark May from Advantage Warranty Group puts it, "The future of car sales lies in flexibility and loyalty. Multi-brand used car inventory combined with innovative service contracts is the key to thriving in today’s market." By broadening inventory with multiple brands and coupling it with technology-enabled extended service offerings, dealerships can better meet customer needs, increase profitability, and build lasting loyalty in an evolving marketplace. Get Started with Multi-Brand Used Car Inventory Today Contact Advantage Warranty Group to learn about integrated service contracts that work across multiple brands. Explore dealer management system integrations for seamless sales and inventory management. Train your sales and service teams to leverage multi-brand inventory and protection plans for maximum customer satisfaction. For more info call now: (860) 707-9125

07.02.2025

How Lift Kits and Aftermarket Wheels Are Covered in Extended Service Contracts

Are Your Lift Kits and Aftermarket Wheels Truly Covered by Your Extended Service Contract? Many vehicle owners customize their trucks and SUVs with lift kits and aftermarket wheels to enhance appearance and performance—but do their extended service contracts actually cover these modifications? This comprehensive guide dives into the truth behind lift kit coverage , demystifying warranty concerns and showcasing how the latest service contracts protect your investment even with substantial modifications. What You'll Learn Understanding lift kit coverage in extended service contracts How aftermarket wheels and tires affect warranty coverage Common misconceptions about lift kit voids and warranty claims Expert insights from Mark May of Advantage Warranty Group Best practices for installing and protecting your suspension lift kit How integration with dealer management systems enhances coverage and sales Overview of Lift Kit Coverage in Extended Service Contracts Mark May, of Advantage Warranty Group, explains, "We cover all vehicles regardless of lift kits up to 12 inches, including aftermarket wheels and tires, as long as they meet OEM specifications and price guidelines." Defining Lift Kits and Suspension Lift Kits Lift kits are aftermarket modifications designed to raise a vehicle's ride height, often improving off-road capability and giving trucks and SUVs a more commanding presence on the road. Suspension lift kits specifically modify the vehicle's suspension components—such as shocks, springs, and control arms—to increase ground clearance while maintaining driveability and safety. These kits can vary in height, complexity, and impact on the drivetrain and vehicle handling. Understanding these modifications is critical when considering extended service contract coverage. Modifications up to 12 inches in lift height are generally recognized within modern coverage plans, ensuring owners do not lose protection under warranty terms simply because of their customization choices. Image: Sleek lifted pickup truck displaying the undercarriage and suspension parts, confident stance, photorealistic high fidelity lifelike, clean auto show background with subtle lighting, highly detailed metallic components and rugged tires, slight motion blur for effect, sharp metallic tones, soft ambient lighting, shot with a 24mm camera lens. Importance of Lift Kit Coverage in Warranty Plans Vehicle warranties and extended service contracts typically outline coverage limits tied closely to factory specifications. Historically, installing a lift kit often caused concerns about warranty voidance or denial of claims related to suspension and drivetrain components. This situation left many truck and SUV enthusiasts hesitant to customize. Today, comprehensive extended service contracts acknowledge the popularity and inevitability of modifications like lift kits. The inclusion of lift kit coverage up to 12 inches protects vehicle owners from costly repairs related to their aftermarket suspension upgrades. Such coverage provides peace of mind, allowing drivers to customize freely without fearing the loss of critical warranty protections—invaluable for maintaining the vehicle’s value and functionality over time. How Lift Kits Affect Vehicle Warranty Coverage While factory warranties generally exclude coverage for modifications that alter vehicle design, extended service contracts have evolved to bridge this gap. Lift kits impact numerous vehicle systems including drivetrains, suspension geometry, and wheel alignment. This increased stress can accelerate wear or cause failures not covered by original warranties. By explicitly including lift kit coverage in their terms, many extended service contracts mitigate the risk of warranty denial. They recognize that modifications are part of modern vehicle ownership, especially for trucks configured for off-road or performance use. This approach benefits both dealers and customers by reducing disputes and facilitating smoother claims processing when issues arise. Installing a Lift Kit: What You Need to Know About Warranty Coverage Common Concerns About Lift Kit Void and Kit Void Clauses There has long been a misconception that installing a lift kit automatically voids a vehicle’s warranty. Many vehicle owners worry that even minor modifications could exclude them from service contracts or lead to claim denials. However, this is not always the case if your extended service contract explicitly covers lift kits up to a stated height. Understanding the specifics of your service contract's terms—especially clauses related to kit voids—is essential to avoid surprises. Engage with your provider or dealership about what modifications are permissible. Some contracts require that aftermarket parts meet OEM-equivalent standards or price guidelines, helping prevent abuse and ensuring parts safety and compatibility. Image: Concerned car owner discussing warranty documentation with a dealership advisor, engaged expressions, pointing at paperwork, photorealistic high fidelity lifelike, modern dealership office with glass walls, detailed desk items and subtle vehicle branding visible, soft natural colors, warm indirect lighting, shot with a 50mm camera lens. How Extended Service Contracts Address Lift Kit Modifications According to Mark May, "We no longer deny claims due to diesel deletions or lift kits, which is a game changer for independent dealers and customers alike." Extended service contracts have expanded coverage to recognize the realities of vehicle modifications common among enthusiasts. Mark May, of Advantage Warranty Group, emphasizes that rejection of claims based purely on intake of modifications such as lift kits or diesel engine deletions is now a practice of the past. This shift dramatically increases accessibility of coverage for independent dealerships and reassures customers that their investments are protected. The critical aspect is ensuring lift kits meet height restrictions (often up to 12") and wheels and tires conform with OEM standards. This adjustment reflects a customer-first philosophy where service contracts adapt to market demands rather than force customers into a restrictive mold. Aftermarket Wheels and Tires: Coverage and Considerations Difference Between OEM and Aftermarket Wheel Coverage OEM (Original Equipment Manufacturer) wheels and tires are factory-specified parts designed specifically for a vehicle's make and model. Aftermarket wheels, conversely, can vary widely in design, material, weight, and price. Extended service contracts now recognize both OEM and permitted aftermarket components within their coverage, provided these parts meet OEM specifications and fall within defined price guidelines. This inclusivity ensures customers who prefer customization are not penalized by losing warranty protections on wheel and tire-related repairs. Image: Showroom display of various aftermarket and OEM wheels side by side, professional and polished, photorealistic high fidelity lifelike, auto parts store with rows of wheels and tire displays, crisp details, metallic lustre, soft overhead lighting, vibrant chrome and dark black hues, shot with a 35mm camera lens. How Warranty Coverage Adapts to Various Wheel and Tire Packages The variability of aftermarket wheels combined with different tire configurations previously posed challenges for warranty providers. However, many extended service contracts today adjust warranty coverage to accommodate a wide array of wheel and tire packages, especially those that complement lift kits and off-road uses. For example, a lifted truck with a 12-inch lift and aggressive aftermarket wheels can be fully covered if the wheels meet OEM-equivalent standards and the tires are suitable per coverage guidelines. This ensures repairs linked to wheel or tire failure under normal use are claimable, mitigating costly out-of-pocket expenses for owners. Image: Detailed off-road truck with a 12-inch lift kit and aftermarket wheels, rugged and powerful, photorealistic high fidelity lifelike, desert background with mountains, highly detailed, dynamic dust clouds, vibrant colors, natural sunlight, shot with a 50mm camera lens. Benefits of Lift Kit Coverage for Independent Dealerships Integration with Dealer Management Systems (DMS) like Dealer Center Independent dealerships often face difficulties offering comprehensive products that match those available at franchise stores. The integration of extended service contracts that include lift kit coverage into popular Dealer Management Systems (DMS) such as Dealer Center has revolutionized this space. This technological integration streamlines the quoting, selling, and claims process, making it easier for dealers to present coverage options to customers upfront. Mark May highlights that integration is a key factor driving high close ratios by providing convenience and ensuring transparent options for customers with lifted or customized vehicles. How Lift Kit Coverage Enhances Customer Loyalty and Sales Mark May highlights, "Our integration with Dealer Center has increased our close ratio to 78%, making lift kit coverage accessible and convenient for independent dealers." Offering lift kit coverage through extended service contracts not only protects customers but also empowers dealers to build loyalty and boost sales. Customers with modified vehicles feel valued and understood when their warranty options reflect their needs, enhancing trust and repeat business. For independent dealers, this coverage facilitates winning more contracts and retaining customers who might otherwise seek dealerships willing to insure or warranty their customized vehicles. It creates a competitive advantage in a challenging market while supporting profitable back-end products. Common Misconceptions and FAQs About Lift Kit Coverage Does insurance cover a lift kit? Vehicle insurance typically does not cover mechanical failures due to lift kits but covers damage from accidents. Does a lifted truck cost more to insure? Insurance costs may increase due to perceived risk, but this varies by provider and policy. Does a 2 inch lift void the warranty? Not necessarily; many service contracts cover lifts up to 12 inches as long as terms are met. What all is included in a lift kit? Lift kits may include shocks, springs, control arms, spacers, and more—components designed to adjust vehicle height and suspension. Comparison of Lift Kit Coverage Features Across Popular Extended Service Contracts Feature Advantage Warranty Group Competitor A Competitor B Lift Kit Coverage Up to 12" ✔ Covered ✔ Covered up to 6" ✘ Not Covered Aftermarket Wheel & Tire Coverage ✔ Allowed if OEM specs met ✔ Limited coverage ✘ OEM only Diesel Deletion Claims ✔ Not denied ✘ Often denied ✘ Denied DMS Integration ✔ Dealer Center Integration ✘ No DMS integration ✔ Partial integration Actionable Tips for Protecting Your Lifted Truck with Extended Service Contracts Verify lift kit height limits in your contract (commonly up to 12 inches covered) Ensure aftermarket wheels and tires meet OEM specifications and pricing guidelines to qualify for coverage Choose providers with strong integration to dealer systems like Dealer Center for seamless sales and claims experience Educate customers on the benefits of extended service contracts tailored for lifted vehicles Image: Professional mechanic installing a suspension lift kit on a lifted truck, focused and precise, photorealistic high fidelity lifelike, modern garage environment, highly detailed tools and vehicle parts, cool color tones, bright workshop lighting, shot with a 35mm camera lens. Key Takeaways Lift kit coverage up to 12 inches is now commonly included in extended service contracts, offering robust protection for customized vehicles Aftermarket wheels and tires are covered if they meet OEM specs and price guidelines, adding flexibility for owners Integration with dealer management systems improves the ease of selling and processing claims, benefiting dealers and customers alike Extended service contracts help independent dealers build customer loyalty and increase profitability through tailored offerings for lifted vehicles Image: Happy independent dealership owner shaking hands with a satisfied customer near a lifted truck, positive and welcoming, photorealistic high fidelity lifelike, dealership lot with clear sky, detailed vehicles in the background, energetic body language, sharp vibrant colors, midday sunlight, shot with a 35mm camera lens. Conclusion: Secure Your Lift Kit Coverage Today Mark May concludes, "Our mission is to make lift kit coverage easy and accessible, so dealers and customers can enjoy peace of mind without worrying about voided warranties or denied claims." If you have invested in customizing your truck or SUV with a lift kit and aftermarket wheels, ensuring you have the right extended service contract is crucial to protect your vehicle long-term. With modern plans covering lifts up to 12 inches and inclusive wheel and tire options, you can confidently modify your vehicle without sacrificing warranty protection. Independent dealers and vehicle owners alike stand to benefit from the evolving landscape that embraces customization while offering robust coverage. Reach out today to learn more about how lift kit coverage can safeguard your ride and enhance your ownership experience. People Also Ask Does insurance cover a lift kit? Insurance typically does not cover mechanical failures caused by lift kits but covers damage from accidents or theft. Does a lifted truck cost more to insure? It might, depending on insurer risk assessments, but costs vary widely. Does a 2 inch lift void the warranty? Not if your extended service contract includes coverage for lifts up to 12 inches and terms are met. What all is included in a lift kit? Common components include shocks, springs, spacers, control arms, and other suspension parts that raise vehicle height. Call to Action For more info call now: (860) 707-9125

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