Monday, June 26, 2006
Dealers miss out on finance income
Warranty and insurance service Autoprotect has claimed dealers are missing out on income from finance and insurance sales.
Based on average sales of 250 new and 250 used car sales a month, Autoprotect said dealers could rake in up to 40 per cent more revenue if they were not tied into either their manufacturer’s programme or their finance provider’s products.
Autoprotect added that only 10 per cent of dealers offer Gap insurance and only 7 per cent offer payment protection.
DATED: 26.06.06
FEED: MT
Based on average sales of 250 new and 250 used car sales a month, Autoprotect said dealers could rake in up to 40 per cent more revenue if they were not tied into either their manufacturer’s programme or their finance provider’s products.
Autoprotect added that only 10 per cent of dealers offer Gap insurance and only 7 per cent offer payment protection.
DATED: 26.06.06
FEED: MT
