Welcome to Wise TVP! Wise F&I worked with Old Republic, an A-rated carrier, to develop Wise Total Vehicle Protection. With Wise TVP, we are taking an idea that can sometimes be convoluted and transforming it with a simplified pricing structure. These service contracts are available now for franchise and non-franchise dealerships.
We all know that car repairs can be expensive and these days, consumers want to protect their investment. There's no better way than with Wise TVP! The customer's vehicle is covered for up to seven years and 100,000 miles. Coverage begins the day the service contract is purchased.
There are four different plans to choose from which can include
protection of the following:
- engine
- transmission
- transfer case
- drive axle
- brakes
- air conditioning
- electrical
- steering
- suspension
In addition to the coverages mentioned above, there is an advantage of extra benefits such as towing, car rental, trip interruption, roadside assistance and tire road hazard.
In order to make this product easy to implement for both dealers and agents, we’ve created simplified pricing matrix. Just locate the vehicle make on the classification guide for the level of coverage your customer would like…
SUPREME COVERAGE
NEW VEHICLE
CLASSIFICATION GUIDE
|
VEHICLE MAKE
|
CARS
|
TRUCKS, CROSSOVERS, SUVS & VANS
|
|
Acura
|
3
|
3
|
|
Audi
|
6
|
6
|
|
BMW
|
7
|
7
|
|
Buick
|
4
|
5
|
Make note of the classification (an Acura car is classified as a 3, whereas a BMW SUV would be a 7).
Then, locate the classification on the pricing matrix that corresponds with the vehicle’s mileage. Finally, follow the rate class line to the chosen year/mileage coverage…
|
0-12,000 Miles on the Odometer
|
|
RATE CLASS
|
TERMS: YEARS/MILES
|
|
5/75
|
5/100
|
6/60
|
6/70
|
6/75
|
|
1
|
$
|
$
|
$
|
$
|
$
|
|
2
|
$
|
$
|
$
|
$
|
$
|
|
3
|
$$
|
$$
|
$$
|
$$
|
$$
|
|
|
|
|
|
|
|
|
12,001 to 24,000 Miles on the Odometer
|
|
RATE CLASS
|
TERMS: YEARS/MILES
|
|
5/75
|
5/100
|
6/60
|
6/70
|
6/75
|
|
1
|
$
|
$
|
$
|
$
|
$
|
|
2
|
$
|
$
|
$
|
$
|
$
|
So if our customer has purchased a new Acura car (Rate Class = 3) with 15,000 miles, and they would like coverage up to 5 years/100,000 miles, the cost would be $$.
…Wise Total Vehicle Protection is the ideal choice to offer your customers. Only a vehicle service contract of this caliber can make owning a vehicle so satisfying.