GSFSGroup Launches Reinsurable Maintenance Plan
The F&I product provider's newest program doubles as a customer loyalty program and a long-term, wealth-building opportunity for dealers.
HOUSTON — GSFSGroup launches SecureNet Maintenance Plus, a reinsurable maintenance plan designed to drive traffic directly to the dealer’s service department. This F&I product also offers dealers the opportunity to gain long-term profitability through the reinsurance feature.
“Unlike traditional OEM maintenance plans that can be used for service at any franchised dealership, Maintenance Plus directs the customer back to the dealership where the vehicle was purchased,” said Steve Amos, president of GSFSGroup. “The unique reinsurance feature provides dealers with a long term wealth-building opportunity. This represents a significant enhancement to the maintenance program product line available through GSFSGroup.”
The SecureNet Maintenance Plus service contract is available in multiple pricing and reimbursement levels. These pricing tiers, in combination with a choice of service intervals, provide a range of options to accommodate all general market automobile service needs. This admin obligor maintenance plan gives consumers benefits that include oil changes, tire rotations and multi-point inspections. E-mail service reminders are an additional dealer-optional benefit for their customers.
For more information, click here.
More Auto Finance
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →