ABS Auto Auctions Announces Buyer Shield – Unprecedented Limited Powertrain Warranty Coverage For Dealer AND Consumer
Now MOST vehicles sold through ABS Auto Auction’s 9 locations come with 90 day/500 mile limited powertrain coverage for the dealer AND 90 day/3000 mile coverage for the ultimate retail consumer at no additional cost.
Colton, CA August 20, 2012 – ABS Auto Auctions introduced their innovative new “Buyer Shield” Limited Powertrain Warranty as standard equipment on most vehicles sold through their auctions since early August. Buyer Shield provides 90 day/500 mile limited powertrain coverage for the dealer while the vehicle is in dealer inventory – ANY dealer’s inventory. Coverage passes on with the vehicle regardless if the dealer wholesales or retails the vehicle.
Buyer Shield covers the most expensive elements of most vehicles – the engine and drive train – and is designed to protect the dealer from unforeseen repairs while it is in dealer inventory. If the vehicle is wholesaled, the coverage passes on to the next purchasing dealer. If it is retailed within the 90 day/500 mile dealer warranty period, the retail consumer automatically receives coverage for 90 days or 3000 miles starting from the date of retail – all at NO ADDITIONAL COST. You can get more information about how Buyer Shield works by visiting www.buyer-shield.com .
“Buyer Shield was created to increase the value of vehicles sold through our sales,” says Tom Harmon, President of ABS Auto Auctions. “The positive feedback from our dealers has been tremendous. They are finding that their wholesale profits are increasing because they are able to demand more money for the vehicle when they resell it. Dealers that are retailing these units are now able to offer rock-solid powertrain coverage to their consumers without additional cost, which is good for everybody. Buyer Shield has become just one more great reason to buy cars at our auctions.”
Buyer Shield comes automatically with vehicles that pass the inspection criteria that are under 175,000 miles. Claims are administered by First Extended, the industry’s leading automotive warranty claims administrator. Repairs on covered claims can be performed by any service facility in the U.S. that employs ASE Certified technicians.
About ABS Auto Auctions:
ABS Auto Auctions is the nation’s leading “sealed-bid” wholesale auto auction and will be celebrating 20 years of business in November of 2012. They have locations in nine different markets throughout Southern California, Northern California, Las Vegas and Oregon. Their dealer network consists of over 600 active new car dealerships and over 1600 independent used car dealers. For more information about Buyer Shield or ABS Auto Auctions, visit them at www.absautoauctions.com.
ABS Auto Auctions
Tom Harmon – President
1620 Fairway Drive, Suite A
Colton, CA 92324