Preferred Warranties
Date | Investors | Amount | Round |
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N/A | Growth Equity VC | ||
N/A | Acquisition | ||
Total Funding | - |
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EditPreferred Warranties, Inc. (PWI) specializes in providing extended service contracts for used vehicles, catering primarily to independent used car dealerships. Operating within the automotive warranty market, PWI offers a range of service plans that cover various vehicle components, ensuring that customers receive reliable protection against unexpected repair costs. The business model revolves around partnering with dealerships to offer these warranties at the point of sale, thereby enhancing the value proposition for both the dealer and the end customer. Revenue is generated through the sale of these service contracts, with additional income from claims management services. PWI's focus on quality and customer service has established it as a trusted name in the industry.
Keywords: extended service contracts, used vehicles, automotive warranty, independent dealerships, repair costs, customer satisfaction, service plans, claims management, quality assurance, revenue generation.