Service contracts are a product that Used Car Dealers should sell on top of every deal, especially finance deals. This way both the buyer and seller have piece of mind that the car is protected if it breakdowns.
When your customer purchases a service contract, they won’t come back to you and try to hold you responsible to chip in on a repair down the line.
They are also saving a lot of time and money if something were to occur.
I have learned over the years being a used car dealer to never rely on just the front end profit I am making off of the car. In order for us to survive in the used car business we have to make money on the back end too. MORE…..