2024: The Year of Smarter Warranties in the Motor Trade

legal updates

Unlocking 2024's Potential: Discover how our revolutionary warranty management system can transform your business profits and efficiency!

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Happy New Year! As we welcome 2024, we extend our warmest wishes for a year filled with prosperity, success, and continued growth. We recognise the resilience and dedication you have shown, especially in light of the ongoing cost of living crisis which has undeniably presented unique challenges within the motor trade sector, particularly in new and used car sales.

This year, we’re not hoping for a better future; we’re shaping it. In response to the financial pressures our industry faces, we’re actively promoting our new warranty management system, an exclusive, complimentary offering for our members. It has already helped some of our members achieve substantial savings, as demonstrated in our six-month overview below.

Collectively, our dealers issued 981 warranties in a six-month period and told us if using traditional insurance warranties, they would expect to pay out over £1,173,972.00 in the same timeframe. By using our system, our dealers amazingly only had to pay out £17,899.65 altogether in a six-month period, which left an astonishing £1,156,072.35 in the collective warranty pot. Our new system empowers you to take control of your warranties. We’re encouraging our members to move away from traditional, costly insurance warranties and embrace the efficiency and cost-effectiveness of managing your own.

In these trying times, our commitment to supporting you remains steadfast. The introduction of our warranty management system is a testament to our dedication to providing practical, cost-effective solutions tailored to your needs. We believe that together, we can navigate the complexities of the current economic landscape, turning challenges into opportunities for growth and success.

We are confidently stepping into 2024, equipped with the tools, knowledge, and support to thrive in an ever-evolving industry.

For more details or to get started, please use the contact us form below to request a call back or call 01480 455500.

DMS NavigatorDealer Management System software for Car Sales, Aftersales and eCommerce

Our dealers use us to help them be more Efficient and Profitable!

You can use our Dealer and Lead Management software to integrate all dealership departments, both online and physical ; providing all in-house functions; Invoicing, Stock Management, Accounting and Marketing as well as interfacing for advertising, ecommerce and more.

Joel CombesManaging DirectorRead More by this author

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Remember to read the instructions

With newer vehicles, depending on the warranty period provided, the manufacturer may instruct the trader to undertake certain tests and to certain standards so they are able to entertain a warranty claim.

Warranty or Statutory Rights

We all regularly hear comments that a warranty covers consumer rights and there is a cut off of those rights once the warranty expires.

Get in touch

Complete the form to get in touch or via our details below:

01480 455500

Vinpenta House
High Causeway

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