How GWC Warranty Can Help Lenders Protect Their Portfolios and Lend Confidently

gwc warrantyAutomotive lenders can confidently partner with GWC Warranty because GWC Warranty is a best-in-class provider that is committed to delivering its signature “No Worries, Just Drive” experience to lenders, dealers and drivers.

GWC Warranty can help lenders such as finance companies, banks, and credit unions from across the United States protect their automotive portfolios and lend confidently. The top-notch vehicle service contracts offered by GWC Warranty have helped the provider build a strong reputation, as has the fact that GWC Warranty is part of an organization that has already paid more than $3.5 billion in claims to date.

Through its high-quality service and commitment to excellence, GWC Warranty’s customized programs can help automotive lenders do the following:

Protect Portfolio

GWC Warranty vehicle service contracts protect drivers from day one of ownership. A driver’s very first miles on a car are covered in case there is an unexpected vehicle breakdown. By helping them keep money in their pockets when costly repairs arise, drivers are less likely to fall behind on their payments or default on loans, giving lenders the security they need to keep their automotive portfolios clean.

Reinforce Dealer Partnerships

GWC Warranty vehicle service contracts help dealers receive more business because they improve the overall customer experience and strengthen the dealers’ reputation. The backing of GWC Warranty vehicle service contracts helps reinforce the relationships between lenders and dealers while typically generating more dealer profit per vehicle sold. Building long-term, sustainable relationships between dealers and lenders is the best way to grow business.

Produce Increased Revenue

Automotive lenders can generate more revenue on each loan through partnering with GWC Warranty. The best-in-class vehicle service provider works with dealers of all sizes, which allows GWC Warranty’s lender partners to find dealers to work with that suit them best. Better relationships and more relationships with dealers help create larger revenue for lenders.

Reducing portfolio risk and strengthening dealer relationships are specialties of GWC Warranty that automotive lenders should take note of.  Incremental revenue is the result when auto lenders partner with GWC Warranty. So don’t leave money on the table if you’re an auto lender. Partner with GWC Warranty and improve your business today.

GWC Warranty has a dedicated team of professionals who focus on lender partner needs and their businesses they work with. GWC Warranty has decades of experience, giving it the knowledge and the network of dealers any auto lender needs to take their business to the next level.

Is your transmission ready to go? GWC Warranty has you covered

GWC WarrantyA transmission can be one of the most expensive car parts to repair or replace, sometimes costing upwards of $2,800 if you’re not covered under warranty. But the truth of the matter is that new vehicles that are still under their manufacturer’s warranty are much less likely to experience transmission issues than older used vehicle that is beyond its initial coverage.

The cost of transmission repairs alone seems like a good reason for any used car driver to have a vehicle service contract like those offered by GWC Warranty. The coverage offered by GWC Warranty can help save drivers tons of money on unexpected repairs and give them total peace of mind while operating a vehicle that is outside of its manufacturer’s warranty.

While researching GWC Warranty online, I found that the vehicle service contract provider not only wants to help drivers save money, it also wants to help keep them safe and prepared on the road.

According to my research, here are some of the symptoms of a failing transmission that you won’t want to ignore.

Slipping: If you’re driving and it feels like your vehicles switches gears for no apparent reason, this is known as a transmission slip and it can certainly be a sign of transmission that is going bad.

Rough Shifts: When you shift gears in your car, it should feel very smooth, but if it feels like your car is refusing to change gears normally or you feel or hear a “thud” or “clunk” in your engine when the car is shifting gears then you could be experiencing transmission problems.

Fluid Leak: Transmissions are sealed units so they should never be leaking any fluids. If you notice leaks on your driveway or garage floor, check to see if the fluid is bright red, dark red or brown. If it is then it is likely transmission fluid and you should take your vehicle to get serviced right away.

Warning Light: Perhaps the most obvious sign of a faulty transmission is when the “check engine” light comes on. This doesn’t usually mean there’s a transmission problem, per se, but it is there to alert you of some internal problem within your vehicle and it could help draw your attention to a transmission that is starting to experience some issues.

Delay: If there is a long pause before your car engages when you shift out of park and into drive, it’s likely the transmission causing the issue. The car should start moving forward once it’s in drive and your foot is off the break. If it doesn’t get the car checked out.

Signs That Your Car AC is Failing

GWC WarrantyA GWC Warranty vehicle service contract is intended to cover many unexpected repairs that drivers experience. One area of a vehicle that GWC Warranty contracts typically cover is the air conditioning. A car’s AC is crucial, especially in the summer, and drivers who partner with GWC Warranty receive peace of mind that theirs is protected.

But how are you supposed to know if your vehicle’s AC is beginning to go so that you can get the problem fixed before it worsens or you get stuck without cold air on a hot day? Well, there are tell-tale signs of AC failure in vehicles and if you know what to look out for you’ll be much more prepared to get it fixed in a timely manner.

So without further ado, here are some of the signs of a failing AC compressor in vehicles:

Cabin Temperature Too High

If you notice that your AC is blowing warmer air than you have it set to, this could be a sign of vehicle AC failure. If the AC compressor is damaged or failing, it will not be able to properly regulate the refrigerant that cools the air.

Loud Noises When AC is Running

If you hear loud noises coming from your compressor when you turn your vehicle’s AC on, this could also be a sign of a problem. There are many components to a vehicle’s AC system. Between bearings and belts, there are numerous issues that can arise within a compressor’s internal components. If any of these components break or bearings begin to seize, you will hear all kinds of loud noises coming from your vehicle. A high-pitched squeal or grinding sound is common in these instances.

If your vehicle’s AC begins to fail, have no fear because your GWC Warranty vehicle service contract will have you covered and save you tons of money on the repair costs.

The Benefits of Becoming a GWC Warranty Dealer

GWC Warranty ReviewsBecoming a GWC Warranty partner is one of the best decisions any dealer can make. GWC Warranty provides best-in-class products, service, training, technology and support to its dealer partners, which in turn helps car buyers feel more confident and comfortable when purchasing a vehicle.

Since 1995, GWC Warranty has helped more than 20,000 dealers protect more than 8.5 million drivers. If you want to become a GWC Warranty dealer partner, it’s as easy as visiting the GWC Warranty website and filling out a form online. By doing so, dealers can learn more about the expansive product set offered by GWC Warranty, as well as gain access to a checklist of what to look for in a vehicle service contract provider.

That checklist includes seven traits that a top-notch vehicle service provider should have:

  • Reputation
  • Industry Knowledge
  • Profit Opportunities
  • Paid Claims
  • Price
  • Other Partners
  • Technology

GWC Warranty understands that it’s not always easy for dealers to find a reliable vehicle service contract provider. This is why choosing a reputable and accomplished company like GWC Warranty that embodies all of these characteristics makes the most sense.

Partnering with GWC Warranty also allows dealers to offer products that are tailor-made to fit their needs and needs of their customers. GWC Warranty offers flexibility on fairly priced products that can’t be beat.

GWC Warranty’s commitment to helping dealers grow their business while also building deeper relationships with their customers is even more prevalent for some of GWC Warranty’s top dealers who are part of Top Dealer Reward Programs.

GWC Warranty has created the Elite Dealer Program, which offers exclusive deals to GWC Warranty’s most loyal dealer partners. Some of the many benefits this program provides that helps dealers grow and make more money include: special certified pricing, concierge claims service, virtual training, compliance tools and training, Elite Dealer Dividend Program, Elite Lead Generation, complimentary marketing materials, online claim service, exclusive Covideo offer, Elite trips, WeatherBuilder Program, and strategic account service.

Dealers can join the GWC Warranty Elite Dealer Program by contacting GWC Warranty here. GWC Warranty can also be reached at 800-482-7357. Dealer support is available Monday-Friday 8:30 a.m. until 8 p.m. EST, and on Saturday from 9 a.m. until 5 p.m. EST.

Your business as a car dealer is too important to trust anything less than the high-quality service and products offered by GWC Warranty. So what are you waiting for? Call GWC Warranty today!