Finance & Insurance Products
Motorcycle Management Consulting Services offers a range of products to make powersports ownership more enjoyable. Please click on one of the following F & I Product types available from MMCS to learn more.
Aftercare Service Contracts and MRAs
Aftercare has been a leading provider of service contracts (often referred to as extended warranties or mechanical repair agreements) for more than 25 years. Aftercare provides for the repair or replacement of parts that have failed due to a defect in workmanship and/or material from the manufacturer. Aftercare provides the most extensive coverage in the industry with unlimited mileage and a $0 deductible. Designed with a focus on customer satisfaction and customer retention, Aftercare offers exclusionary coverage – meaning it only names what isn’t covered. This is better for your customer because as technology changes, new components that have a manufacturer’s defect will be covered. (Click here to learn more about Aftercare.)
GAP
GAP coverage (Guaranteed Asset Protection) is designed for financed vehicles. The value of a new vehicle decreases the minute it is driven out of the dealership. If the vehicle is totaled or stolen, the customer’s retail insurance will only pay what the vehicle was worth at the time of loss. The customer may still owe the lender an amount that exceeds what the insurance company agrees to pay. GAP is designed to pay that difference. There are limitations to the amount GAP will pay. Please review the GAP contract you have chosen to offer so that you can explain the benefit to your customer’s accurately. (Click here to learn more about GAP.)
GPS Tracking Device
We love our powersports vehicles and want to enjoy them for years to come. Keeping track of them has never been easier. With our GPS tracking device, a customer can log onto the internet, any time, and see exactly where his/her treasured vehicle is. The web-based application also provides a variety of settings that enable the user to track the vehicle’s use and houses a history of use that can be helpful in planning future adventures. (Click here to learn more about our GPS device.)
Pre-paid Maintenance
Pre-paid Maintenance (PPM) is designed for dealers who recognize the importance of developing a long term relationship with every customer. By offering your customers a discount on the manufacture required maintenance, if they purchase it in advance, you increase the likelihood of the customer having their unit serviced through your dealership. This not only means profit for the service department but it also provides you with the opportunity to sell additional parts and accessories to your returning customer. (Click here to learn more about Pre-paid Maintenance.)
Theft
Theft (often referred to as Etch) is a product designed to provide a sum of money that a customer can use to purchase a replacement vehicle if his/her vehicle is stolen and not recovered. By applying a unique traceable number to several locations on the vehicle, the Theft product is designed to aid in the recovery of a stolen vehicle. Warning stickers are also provided to be used to ward off potential thieves. In the even that the traceable number and the warning labels fail to prevent a theft and/or fail to result in the recovery of a stolen vehicle, the Theft benefit comes into play. Theft is NOT the same as retail (comprehensive and collision) insurance. Where retail insurance provides a benefit equal to the value of a vehicle just before it was stolen, Theft has a liability limit. Retail insurance is usually used to pay off a vehicle loan in the event a vehicle is stolen, where the Theft benefit can only be enjoyed if the customer purchases a replacement vehicle (except where prohibited by law). We strongly recommend that you offer Theft in addition to, not instead of, retail insurance. (Click here to learn more about our Theft product.)
Tire & Wheel
Tire & Wheel (T&W) coverage – designed for street legal motorcycles – provides the added security most enthusiasts need to enjoy the open roads without worry. Tire & Wheel coverage provides replacement tires and rims in the event that they are damaged due to road hazards. Tire & Wheel coverage also includes towing service and many motor club benefits (except where prohibited by law.) (Click here to learn more about our T&W program.)