As electric vehicles gain market share, dealers’ concerns about service drive retention are valid. With significantly fewer parts than traditional combustion engine vehicles, EVs may aggregate a lower level of repairs over the course of ownership. When breakdowns occur, however, the need for specialized service will be even greater than for standard vehicles.
DOWC has long been dedicated to partnering with dealers by providing product solutions and participation options that protect and grow wealth through F&I. Our specialty eVSC brand is perfectly suited to empower dealers to expand their revenue stream and protect their service drive as they transition inventory to meet consumer demand.
Dealers selling eVSC vehicle protection products have the opportunity to differentiate themselves in the market with products tailor-made for their electric vehicle customers. With a tie-back to the selling dealer’s service drive and the high-value addition of a professionally installed upgraded home charger, handled directly by us as the eVSC provider and administrator, this vehicle protection product is like no other on the market.