Dealer Products:
Overview | Signet's Refund Program | GAP Products | Vehicle Service Contracts

 

Signet's 100% Refund is an Overwhelming Success

The Signet Refund program allows dealerships to offer a 100% purchase price refund on their EXISTING vehicle service contract. This is Signet's cornerstone product and it has had overwhelming support from agents, dealers, consumers and vehicle service contract company administrators. Launched at San Francisco NADA in 1999 it quickly took center stage as a product that can be used by most qualifying vehicle service contracts.

The Signet Refund Program is normally presented as part of the service contact presentation made by your finance department or business office. Dealers both large and small have seen an average 23% increase in service contract penetration when the Refund Program is offered with every eligible vehicle service contract. It just makes good business sense for the customer. Protect their investment and if they don't use it they get their money back. Gross profits have also increased due to higher perceived value.

The refund agreement to provide a 100% refund of the vehicle service contract purchase price if it is never used is between the customer and Signet Financial Group. For security and peace of mind the Signet Refund Program reinsured by an AM Best "Excellent" rated company.

Signet Financial Group Dealer Clients from coast to coast have written Signet to tell of their significant increase in penetration, higher gross profit per deal, and improved CSI. Consumers are more likely to purchase a vehicle service contract once they know they can get their money back if they never use any of its benefits*. It has simplified the sales presentation and turns even the most difficult prospect into an owner. Today well over 1,000 dealers have signed up to use the Signet Refund Program as part of their service contract presentation. *Subject to terms, conditions, and exclusions found on the Service Contract Refund Agreement

Installation, Training, Support

Either your Signet agent or SFG can get you up and running almost instantly. Once you have completed our Client Information Form and Agreement for Administrative Services and fax them to our offices, Signet will immediately ship out a start-up kit and instructions. Start-up kit includes customer agreements, procedure manual, rate card, and remittance instructions. You will need to get your computer company to program our Service Contract Refund Agreement. Most major companies such as Reynolds and Reynolds already have it on file. As soon as you receive your packet, contact us toll free for any questions and begin presenting it as standard part of your service contract presentation.

Including the Signet Refund Program as part of your standard service contract presentation is the key to increased penetration, increased profits, and increased CSI. Call Signet Financial Group if you have any questions or need special assistance. Let us hear your success stories with the Signet Refund Program. CALL TODAY 877-4-SIGNET


 

 

Today the Signet Refund Program is seen as a product that must be offered as part of the service contract presentation to every customer who buys a car or truck from the dealership. The Signet Program has quickly proven its value in:

  • Increased Sales of your Extended Service Contract. Average increase is 23%
  • Reduces "early" Cancellations
  • Provided a Higher Perceived Value increasing the opportunity for holding more profit. Up nearly $300.00
  • Improves CSI long term. Customers Love it! They win either way!
  • Can significantly reduce the time needed to present a service contract leaving time for other product Sales.