Norcross, Ga., Sept. 12, 2022 (GLOBE NEWSWIRE) — EasyCare, a brand of APCO Holdings, introduces TechCare, a new Vehicle Service Contract (VSC) designed exclusively to cover expensive technology, electronic components and systems vehicle safety. TechCare offers car buyers a lower cost alternative to a traditional VSC, helping dealerships increase service retention rates while saving customers thousands of dollars in repair bills.
TechCare is the latest addition to EasyCare’s comprehensive suite of finance and insurance (F&I) products, designed to give dealers the ability to maximize every sale, driving greater revenue for the dealer and a better experience for dealers. clients.
“Today’s vehicles are so full of high-tech options that they’re essentially computers on wheels. TechCare protects car buyers in the event of failure or damage to these systems and components,” said Scot Eisenfelder, CEO of APCO Holdings. “Consumers buy similar protection plans for other products they depend on in their daily lives, such as smartphones and computers. This kind of protection for vehicle technology should be a familiar concept to consumers.
TechCare coverage includes protection of in-car technologies such as touchscreens, cameras, infotainment systems and speakers; electronic devices such as navigation/GPS systems, television screens, DVD players, Wi-Fi and USB ports; and safety systems such as blind spot detection, lane departure warning, parking sensors and autonomous braking systems. TechCare coverage begins after the manufacturer’s warranty expires and can be extended for up to seven years.
Automotive technology replacement and repair costs can easily run into the thousands of dollars. The average replacement cost for a single navigation display unit can exceed $2,000. Replacing a digital media receiver can cost up to $2,428. TechCare covers these types of repairs so consumers don’t have to worry about an unexpected repair bill.
In addition to coverage for technology, electronics and security systems, TechCare includes:
—24/7 emergency roadside assistance and towing
— Reimbursement of substitute transportation (carpooling vehicles and taxis)
—Trip interruption reimbursement
—A declining deductible option to help dealers maintain service (if a customer returns to any store within the selling dealer’s group, the deductible is lower or $0)
TechCare can be sold with any vehicle eligible for coverage, including electric vehicles (EVs). It offers dealers another opportunity to sell a VSC product to customers who do not choose to buy a traditional VSC. TechCare is accepted at any ASE Certified Dealer or Repair Center in the United States and Canada, and all repairs are performed by Certified Technicians. TechCare is also 100% transferable to the new owner of a vehicle in the event of sale.
For more information visit https://easycare.com
Since 1984, EasyCare has helped some of the nation’s most successful dealerships achieve results in their stores with a full line of F&I products, industry-leading training, dealer development, advisory participation programs, and claims experience. first order. . EasyCare has the only F&I products named “MotorTrend Recommended Best Buy” for franchise dealerships and has an A+ rating from the Better Business Bureau. EasyCare is part of the APCO Holdings, LLC family of brands, which has protected more than 11 million customers and paid over $3.5 billion in claims. For more information about EasyCare, visit easycare.com. For more information about the APCO Holdings family of brands, please visit apcoholdings.com.