EasyCare Launches New Suite of Rideshare F&I Benefits
EasyCare’s new Rideshare suite of F&I benefits includes a vehicle service contract, GAP coverage and a customizable prepaid maintenance benefit, all tailored to meet the needs of driver entrepreneurs.
NORCROSS, Ga. — EasyCare announced the launch of a suite of Rideshare benefits that includes Rideshare VSC, Rideshare GAP, and Rideshare Prepaid Maintenance. These new programs, which hit the market Oct. 1, are designed to help dealers capture and serve the rapidly growing ride-hailing market and protect rideshare drivers from unexpected costs that could disrupt or derail their business.
Citing recent data from the U.S. Department of Transportation, the Federal Highway Administration and Cox Automotive, Pete Lee, who serves as EasyCare’s vice president of product development and business performance, said benefits designed for rideshare operators will help dealers, agents, and F&I professionals protect more customers and increase retention in a rapidly changing automotive landscape.
“Over the past three years, ride-hailing has officially entered the mainstream, with usage rates exceeding 50% in some markets,” Lee said. “Customers who buy vehicles for rideshare service could put 25,000 miles on the odometer in the first year. They need these benefits, and they deserve the same opportunity as anyone else to have an honest conversation with their dealers and F&I professionals about how their vehicles will be used.”
EasyCare’s new Rideshare VSC covers a long list of the vehicle’s systems and components, includes reimbursement for rental car, towing, and trip interruption, and is transferable to other private sales. Rideshare GAP covers up to $50,000 of the difference between the loan balance and insurance settlement, up to $1,000 of the deductible, and up to 150% of the vehicle’s value in the event of a total loss. EasyCare’s Rideshare Maintenance platform is 100% customizable, allowing dealers to create maintenance programs and service intervals that cater to the unique requirements of rideshare drivers.
“It’s a powerful suite of coverage that provides real benefits to all involved parties, and we look forward to helping more dealers and agents deliver coverage designed to protect these industrious customers,” Lee said.
More F&I
How AI-Powered Coaching Is Transforming F&I Performance
See how AI-powered coaching can turn F&I customer conversations into actionable insights that support compliance, performance and profitability
Read More →
Sell Value, Build Trust
In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.
Read More →
F&I Sales Give Dealers First-Half Lift
Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.
Read More →
Targeted Training Drives Results
Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.
Read More →
Double the Change, Double the Chance
When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.
Read More →
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →