Presentation on theme: "THE ALL NEW ENHANCED NIADA CPO PROGRAM BUILT BY DEALERS…… FOR DEALERS!!"— Presentation transcript:
THE ALL NEW ENHANCED NIADA CPO PROGRAM BUILT BY DEALERS…… FOR DEALERS!!
CPO sales are growing: March 2012 – 174,471 (highest sales ever) Enhanced version of our previous NIADA CPO Lower pricing CPO can be offered on vehicles up to 150,000 miles, back 14 years Partnership with a well-known national marketing site Can compete with OEM certified dealers and other independents. Backed by a consumer benefits package that only can be offered though Warrantech and NIADA. Ensures peace of mind and gives higher standards to your customers. NIADA CPO
Why Choose a CPO Program? CPO sales are growing: March 2012 – 174,471 (highest sales ever) Consumers are asking for it 65% of used car buyers intend to buy a Certified Unit Statistics show that 75% of buyers search the internet before making their purchase. More opportunity for increased profitability Certified vehicles turn approximately 20 days faster than non- certified Can provide dealership an additional 12% - 17% increased profit
Can I afford to do this at my dealership? In 2014, over 2.4 Million CPO units were sold in the U.S., with over 99% of those being sold by new car franchised dealers. The average profit per unit was an additional $2,000 in gross. If we as an industry sold just 1% of that volume in 2014, it would equal to an additional $40 plus million in gross profits to our NIADA and State IADA members!! So ask yourselves this……… Can you afford not to ??
Increase Customer Satisfaction CPO customers consistently rank highest on customer satisfaction. What does that mean for you? Increased customer retention Increased referrals Lower marketing cost Less policy work Better experience for all Satisfied customers tell 3 Friends.
Dealer Benefits of the NIADA CPO Alignment with a national partner that is focused on creating additional sales and increasing profits. Best offerings in the industry. Being part of a large group gives strength and leverage when dealing with production and claims. Places your dealership a notch above most competition. E-Bay Motors promotion and inventory listing support and endorsement.
Why Warrantech ? Financially Sound Warrantech is backed by one of the most stable, profitable companies that is publicly traded to support your program today – and tomorrow Underwriting/Actuarial Profitable history, complete transparency and deep actuarial knowledge Compliance In-depth knowledge of regulatory compliance and excellent relationships with state regulators
Why Warrantech ? Don’t Miss Your Chance To Be Part Of This Exciting Program! Give this enhanced new NIADA CPO model a test drive! Start enjoying all the benefits the NIADA CPO Program can offer! We look forward to working with you soon! Thank you! Natalie Suarez National Business Development Manager