GrangerWarranty.com for All Makes and Models -- 2024 Recap, Looking Forward to 2025

[Zach@Granger]

I wanted to take the time to do a quick recap for the community here. First, I want to say thank you for your support through the last 3-4 years as our dealership has grown and more specifically our Extended Warranty sales. I wanted to take a moment to give a quick recap of where we've been.

The Beginning - In March of 2022 we launched our Extended Warranty sales through these online forums. We were able to gain a lot of traction and sell over 100 contracts/month without as much as a website but through an email inbox. We then got our website launched and through a lot of trial and error got transparent, aggressive pricing on extended warranty offerings up by the end of 2022. We continued to see growth through 2023 and launched the Mopar website (www.buymoparwarranty.com) for our CDJR customers by the end of 2023 with similar success. We also ended 2023 as the #1 Ford Protect dealer in the country because of you and your great referrals!

Our goal for 2024 was to add a payment plan option for our customers. Up until this point all of our customers had paid in full via credit card for the entire purchase price. We added an 18-month installment option and now approximately half of our customers take advantage of this. We ended 2024 as the #1 Ford Protect dealer again and #2 Mopar extended warranty provider in the country! We are also approaching $1,000,000 in covered claims for our customers which is pretty cool given how "new" of a book of business that we have currently (most of our customers aren't anywhere close to the expiration of their policies).

So I want to give everyone a big thank you that has purchased or referred a customer to us! We have had overwhelmingly positive response on our goals of having up-front costs and robust factory-backed coverage you can count on!

Now new for 2025 we are launching our website GrangerWarranty.com. This allows us to provide the same great coverage you've been used to on your Ford or CDJR, but for all high volume makes and models. We realize a lot of our customers have a Chevy, Toyota, Honda, etc. in the garage next to their Bronco, Wrangler or F-150.

This coverage is good at manufacturer's dealership (Toyota dealership for a Camry, Chevrolet dealership for an Equinox) and doesn't make any compromises like 3rd party warranties can at times. The highlights include:

• Factory-trained technicians - Most highly trained technicians to work on your vehicle
• Manufacturer engineered parts - Not "like parts" or potentially used parts for repairs.
• Factory help-tech line for diagnosis - Direct line to the manufacturer for the most cutting-edge repair information.
• Factory-backed coverage - This product is factory-backed with financial security that you can rely on. You have the peace-of-mind to know this company will be around in 7-8 years when a claim needs to get paid.

We are excited about this next evolution of our business and look forward to serving you, our customers, in a more comprehensive way in 2025! We wouldn't be able to do this without you!

Zach

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[timd38]

People need to be careful when buying a warranty form the dealer when you get the car. My dealership sells Ally warranties, not Ford warranties. If I hadn't asked, they would not have told me until it was too late. Our daughter bought her Mustang across the country form me, same deal, not sure what brand, but she had to ask for a Ford warranty and the paid too much compared to Granger.

 

[Illini4]

Extended warranty = big profit for the seller, needless expense for the buyer in the vast majority of cases. Put what would have been a warranty payment in an investment account.

 

[flyinlow007]

Extended warranty = big profit for the seller, needless expense for the buyer in the vast majority of cases. Put what would have been a warranty payment in an investment account.

If you're paying retail for the warranty this is true, but paying $25 over cost is generally worth it. I buy my GM warranties at cost and every one of them has more than paid for itself because I tend to hang on to my vehicles for 10 years/100k miles and with the high costs of repairs now, it doesn't take much to have a $2000 repair.

 

[DarkkMatter]

Warranties can come in handy, but one of the main catches that you don't see mentioned is the requirements:
Mainly, little to no engine modifications and reccommended manufacturer service guidelines must be followed.

Might be worth it if you keep the vehicle more than 6 years or so.

 

[LoWeLL216]

I used Ford points to purchase mine through Granger. I didn't even know I had them. Win/win.

 

[Zach@Granger]

I used Ford points to purchase mine through Granger. I didn't even know I had them. Win/win.

Thank you for your support! Awesome to hear!

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