Dealer RE Blog
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Dealer RE Program helps you with set up, product analysis, training & support, grow your assets. We've helped over 300 auto dealers become more profitable by offering their own reinsured warranties, service contracts, GAP, and collateral protection. Our blog provides news, tips, resources, and more!
Dealer RE Blog
1y ago
Everyday I speak with apprehensive dealers who want to start their own reinsurance companies but have fears. The two most common fears I hear are:
1. I don’t have time, I am trying to make a profit at the dealership.
To that I say, reinsurance is a NEW REVENUE STREAM (Profit) doing what you are already doing except you get to keep the profit that you are currently sending off to a third party.
2. I don’t have the headspace to deal with my customer’s claims.
And, to that I say, at DealerRE we do all of the administration, management and servicing of your claims.&nb ..read more
Dealer RE Blog
1y ago
Click Here For Video
THE DEALERRE DIFFERENCE
Most businesses try to sell you products, Dealerre helps you maximize YOUR profit potential. For over 28 years, we have worked with dealers all over the country by helping them generate more profit. Our job is to educate dealers on the many benefits of starting their own reinsurance company. Once they do,
THEY ONLY WISH THEY HAD STARTED SOONER!
Just some of the ways we can help you:
Reinsurance
Retro Program
VSCs
Limited Warranty
CPI
GAP
VSI
DCC
Ancillaries ..read more
Dealer RE Blog
1y ago
GAP is a deficiency balance waiver that waives the difference between insurance settlement and loan balance if a customer’s vehicle is deemed a total loss due to unrecovered theft or collision. It’s one of the many products we offer as part of our lineup!Our GAP product boasts 150% OR 125% LTV coverage, is inexpensive, and backed by an “A” rated carrier. Includes coverage for underlying insurance deductible up to $1000. Your customer will be protected and you will have a top of the line experience providing our product to your customers. Some vehicles are excluded from coverage for this progra ..read more
Dealer RE Blog
1y ago
Have more inventory. Seems obvious, but you might be surprised. Buy heavy at an auction in January if you didn’t in November or December. You can’t sell what you don’t own, fill that lot up!
Partner with DealerRE to generate more profit through reinsurance or their profit-sharing program. Lean on their 25 years of experience. Building your network is one of the best ways to maximize the resources you can have as a dealership. Check out our services catered to dealers or contact us to get started. We offer a free F&I Analysis to see if your F&I department is operating at the highest pr ..read more
Dealer RE Blog
1y ago
Dear Dealer,
I am checking back with you to see if you are ready to discuss the specifics of your business model and how reinsurance could increase your overall revenue. We will only recommend reinsurance if we believe it will be very successful for you. We are the “Gold Standard in Reinsurance” and our onboarding, training and customer service is second to none. We are committed to your growth and success. Give me a call so we can see if reinsurance is right for you.
If you contact us, we will send you our free Ebook – “Five Tips For More Profit” or call us today so that we can do a free rein ..read more
Dealer RE Blog
1y ago
Owning your own warranty company is easier than you think. Here are a few qualifying questions to discover if this new profit stream is a possibility for your specific business model.
Do you sell more than 15 cars a month?
Are you able to sell your own service contracts with most of your lenders?
Are you interested in taking back the profit and control in your dealership?
Do you want a set-up that keeps you in compliance with the IRS?
Do you have your own repair facility? (not necessary, but it helps!)
Do you sell 5+ service contracts a month?
If you answered yes to most of these questions ..read more
Dealer RE Blog
1y ago
Don’t you hate it when everyone seems to know about something and it seems you are the last to find out? Well, that is how many dealers feel when they finally hear about and understand reinsurance. They grieve over the money they could have made “if they only would have done reinsurance sooner.” That is the number one complaint we hear with dealers. So when we contact you, it’s not because we are trying to sell you something. It’s because we see the potential in your business model and we know that if you partner with us, we can help you maximize your reinsurance company’s potential. If you do ..read more
Dealer RE Blog
1y ago
Dear Dealer,
Starting the new year off right has never been so critical. “Multiple revenue streams and profit on the backend” were the resounding words of wisdom that floated around all of the state and NIADA conventions. So now, the ball is in your court. Will you ignore the advice of the auto industry leaders? Will you be too busy to make the necessary adjustments to grow with the industry changes? A good decision today is better than a perfect decision two years from now. Don’t let working in your business keep you from working on your busi ..read more
Dealer RE Blog
1y ago
Vehicle Service Contracts are sold to customers above and beyond the price of the vehicle. For independent and BHPH dealers, vehicle service contracts help you to control the customer’s ownership experience in a favorable manner, by protecting them from costly repair bills, which helps you to receive repeat and referral business.
Vehicle service contracts are also one of the most lucrative products for you, the dealer. to sell your customer. The best way to maximize profit is to reinsure these contracts in your dealer owned reinsurance company. This is very similar to owning a warra ..read more
Dealer RE Blog
1y ago
We had never seen anything like it. Dealers at all of the state and national conventions this year were finally talking about reinsurance and how they “had to have it.” Dealers are finally understanding what an incredible opportunity reinsurance is and how owning your own warranty company and capturing the profit that you are currently giving away to a 3rd party warranty company is what the most profitable dealers do. It is the single business decision that can take your dealership and business to the next level.
The truth of the matter is that dealers are telling us what we ..read more