Dowcdealer

The benefits of owning an automobile include usefulness, comfort, and comfort, and it provides you with reliable transportation to get your task done. But it can be a matter of concern when you get into any mechanical complexities with your car, and this is where the vehicle service contracts come into play.

We would want our vehicles to be in good condition since they form an essential part of our life. That being said, regular car repairs can cost you much and would put a financial burden on you. It is essential to note that your new cars come with a manufacturer guarantee that covers the primary systems and components. Still, they normally only extend up to 3-5 years after purchasing.

The dealer can create coverage’s that meet or surpass the company’s extended warranties service contracts.

The most sophisticated and certainly most important aspect of a DOWC is that it may be used as a wealth-building instrument because it is tax-deferred.

A dealer owned Warranty Company, or DOWC, is a one-of-a-kind organization that applies the insurance industry tax incentives to automotive F&I, providing dealerships with a personal wealth prospect. They assist dealers in informing their DOWC in order to receive considerable tax benefits and other benefits that will help them optimize their F&I programme. While it may be a tough challenge, the advantages can be explained easily. And with proper management, a dealer owned Warranty Company structure is rather simple to administer and, more significantly, to profit from.

Headquartered in Northern New Jersey, DOWC is the fastest-growing service contract provider and administrator in the United States. DOWC offers customizable F&I products and expertise in compliance, as well as a full suite of technology designed to optimize productivity and expedite claims adjustments, processing, and reporting.