GENUINE PAINT PROTECTION THE ANSWER FOR DEALERS REVENUE WORRIES
Following the Financial Conduct Authority (FCA) announcement that it has been reviewing the selling of GAP policies within the industry, Paintseal Europe (PSE) believes dealers should be looking much more closely at the high quality add-ons to substitute revenue loss.
The FCA has maintained that they want to improve the way add-ons are offered and sold to the consumer. This announcement will have many dealers potentially shying away from promoting and selling insurance products, which could mean the FCA, review their procedures and policies.
With the main add-ons on both new and used cars being GAP, paint protection, smart insurance and tyre and wheel alloy policies, it will almost certainly raise the profile of paint protection, as it is not currently under any speculation or covered as an insured product.
Dealers will be shopping about for comparable products, with value-for-money being a key objective and consumers should also be better qualified now when being sold any add-ons. The only true ceramic paint coating in the market is PSE’s premium product, GEN-3Glasscoat, which is a high end product and competitively priced to dealers. It retails from £399.00 to £799.00. Gen-3Glasscoat is solvent resistant and comes with a five year guarantee. The product is used and supported ny 18 OEM’s and available across 32 countries and UAE. GEN-3 Glasscoat has also been approved for use on Boeing Aircraft.