FLADCO News

Even the best insurance is a bit painful when customers have to use it. Costs and premiums rise and in the case of key protection, customers are still left with the hassle of working with the dealership to get a new key and fob.

By now many customers know that a lost vehicle key can be costly. Sophisticated fobs can cost as much as $800, so insuring against loss, towing costs and lockout service has long been a solid F&I proposition. Selling a key protection plan becomes a lot easier with KeyFetch, because KeyFetch does more than just insure.

Maximizing profits at your dealership has never been more important or difficult given what’s expected to be a tough 2019 for auto sales. Now is the time to implement programs to boost sales, increase profits and cut costs in the face of a slowing economy, rising interest rates and predictions of a significant decline in sales.

Despite last year’s near-record sales, dealer expenses outpaced inflation and NADA said total operating profit declined by 74%. Something has to change.