van Wagenen Expands Auto Finance Offering
Mechanical Breakdown Protection
In support of continued growth in the auto finance market , van Wagenen Financial Services has announced the availability of Mechanical Breakdown Protection for auto lenders and dealers .
The van Wagenen Mechanical Breakdown Protection products are backed by the financial strength and stability of an A + rated carrier with more than 50 years of proven performance . All claims adjusters are ASE certified and the claims process itself is designed to move swiftly with minimal effort from the borrower . Coverage is available for new and used vehicles with four levels of protection available .
The van Wagenen Mechanical Breakdown Protection products offer savings over manufacturer extended warranties and create an excellent revenue opportunity for lenders and dealers .
Value Added Coverage Benefits :
• 24-Hour Roadside Assistance
• Rental Vehicle Assistance
• Tire Protection
• Trip Interruption
• Choice of Deductibles
Visit www . vanwagenen-news . com to learn more .
GAP
Guaranteed Auto Protection ( GAP ) provides borrowers with additional financial security in the event of a total loss by addressing possible differences in the insurance settlement and outstanding loan value . The van Wagenen GAP product is provided to lenders and dealers looking to build revenue and protect borrowers . As an added value , lenders can private label the GAP program sourced through van Wagenen .
Kendra Conser ; van Wagenen Assistant Vice President , RecoveryPro & Claims works with a wide range of GAP carriers on a daily basis . Discussing the GAP product offered by van Wagenen she states , “ Our carrier is one of the most customer focused GAP carriers we work with . They are easy to reach , fair in their assessments and use straight forward calculations . They are extremely accurate which reduces the number of supplemental claims required and payments are turned around quickly .”
• Protection is available for new , used and leased vehicles up to $ 50,000
• Deductible coverage up to $ 1,000
• Available on your loan / lease up to 84 months
• Covers up to 150 % of MSRP / NADA
Visit www . vanwagenen-news . com to learn more .
Point of Sale Insurance
van Wagenen Financial Services continues on a rapid growth trajectory into the sub-prime lending market with the release of Point of Sale Insurance product for auto lenders and Buy Here Pay Here dealers . The offering helps dealers and lenders get more customers into vehicles by helping overcome insurance hurdles .
The sub-prime auto lending market has been gaining momentum . With growth on their minds , more and more lenders are venturing deeper into this realm . Availability of Point of Sale Insurance products helps overcome a major hurdle in getting buyers through the purchasing process , into a car and on the road to building or repairing their credit .
The van Wagenen Point of Sale Insurance product provides immediate physical damage protection for both the lender and the borrower from an A + rated carrier . It accelerates the underwriting process and provides ongoing insurance tracking and follow-up for the entire portfolio . To learn more , visit www . vanwagenen-news . com .
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