At A1 we offer a 3 Month Back to Base warranty on all vehicles sold with the option to extend for up to 36 Months. Sales of extended warranties are continuing to perform strongly despite rising levels of consumer confidence, says The Warranty Group.
The company says that rises in consumer confidence traditionally prompt falls in warranty sales as used car customers take on the risk of unexpected motoring costs. However, Ian Simpson, sales and marketing director, said there was no evidence of this is happening in the market.
“While confidence about personal finances is increasing, it remains a long way below the level where used car buyers are willing to be cavalier about the possibility of unplanned car repair costs,” he said “There is also a general concern among used car customers about the level of complexity inherent in all modern cars and most feel more comfortable with the protection of a warranty product.”
Original Story Taken From Motor Trader News – http://www.motortrader.com/latest-news/warranty-demand-remains-high-economy-improves/
Categories: Industry news, Vehicle finance