P  E Assurance Services

P*E*Assurance Services has joined together with Omega Services Corporation to bring our Franchised and Independent Dealers on of the most innovative products to hit the market in years. With PEAS having been awarded the only National Contract given by OSC, this product will give new meaning to Inventory Control. This new product works with your local auctions to help you control the problems that can be created by slow sales, cold vehicles, or just the wrong vehicle for your market.

If you have had the floor plan problems of not having the ability to sell a vehicle when your curtailments come due, and have had to return the vehicle to auction; you know what problems that can bring. This could be a great vehicle, but yet not even receive a bid. This can be very discouraging for any dealer. Now, what do you do? You take it back to the dealership, and either pay the curtailment, (perhaps pay it off if you've already done that once or twice) or check to see what other floor plan you have that the vehicle can be moved to. Of course, this could just be starting another round of curtailments and lost opportunities.

 The "Auction Vehicle Repurchase Guaranty" (AVRG) solves all of those problems in one easy step. After purchasing the guaranty at the time the vehicle is purchased at the auction, you have 60 to 67 days (or 90 to 97 days is also available for Franchised Dealers) to return the vehicle to the participating auction of your choice; at that time you notify the auction of the returning vehicle, and pick up your check. You don't even have to wait while the vehicle runs through it's lane again. You just drop it off and pick up your check. What is the reason for this? Your AVRG guaranties you 95% of the original purchase price of the vehicle (not the price at return). You could spend more that that on interest and curtailments. Especially if you are having to move the vehicle to a second floor plan.

Who is this program suited for? New car dealers, Independent dealers, fleet companies, and wholesalers alike. This coverage can even be purchased by the seller to enhance the value of the vehicle he is selling at the auction.

What is the cost for this extremely valuable coverage?

Only $69 per vehicle

Now that's a deal!