QB BUSINESS SOLUTIONS- INCREASE PROFITS WITH RETAIL WARRANTY REIMBURSEMENT

Finding ways to boost profitability should always be at the top of your priorities, regardless of how big or small your automotive business is.  The field has been leveled when it comes to sales and service due to the development of digital marketing and increasing competition.  Dealerships must adapt to the new dynamics of car purchases brought about by the internet era and look for every opportunity to boost profitability in more sustainable ways.

Below, we go over how to go about doing that.

Knowing that your dealership may request retail reimbursement from your manufacturer for your warranty components and labor to boost your warranty gross revenues by hundreds of dollars should encourage you to use that submission method. In order to optimize your revenues and free up your time for day-to-day operations, it is important to be aware of the issues that might arise and why, in some cases, hiring a warranty solutions team like QB Business Solutions is the best course of action. 

Although many individuals are capable of changing their own oil, hiring specialists to do it will save you time and provide you the assurance that the job is being done correctly. The same is true for submitting a Retail Warranty Reimbursement Submission for parts and labor.

The Difficulty Of DIY Submission

So you're interested in trying it out? You may be wondering, "How difficult can it be when you built your dealership from the ground up? " The quick answer is that it is incredibly difficult, and it is even more difficult to comprehend and abide by the rules and laws. You should know how the submission process truly works before you go in. You can either complete the statutory and factory submissions yourself or have a business like QB handle it for you, providing you with the assurance that everything is done properly and without causing you additional stress.

One of the major problems is that the policies and procedures are not adequately documented, making it difficult to follow them precisely. As a result, dealerships frequently fail to optimize their reimbursements or become so caught up with compliance that the process halts and fizzles out.

Every state has specific requirements pertaining to your retail warranty reimbursement application process in addition to the manufacturer's guidelines. And like other laws, they are constructed in such a manner that, without a group of lawyers, you run the danger of running into a lot of problems while submitting your case.  Even though you are working with state statutes, keep in mind that this is not a simple process; rather, it is more about the proper integration of manufacturer guidelines and each state's laws. This can only be done with the help of the right technology, reliable internal procedures, years of experience, and the knowledge necessary to overcome any obstacles or rebuttals that may arise.

Other Frequently Occurring Problems with DIY Retail Warranty Reimbursement Submissions for Parts and Labor

So, assuming you have everything in place, a top-notch staff to assess the submission packages, and the extra time to do it yourself, here are a few other factors to take into account before getting started. It's not our intention to scare you away; rather, we're just attempting to explain why using a third party is usually the best option for you by sharing our experience and being as open and honest as we can.

When dealers try DIY submissions, there are a few more problems in addition to the ones we mentioned above:

HUMAN RESOURCES

Who is handling your submissions? The submitting procedure takes a long time. If you want it done perfectly, it might take months to complete, so whoever is managing it won't have time for anything else. Do you have staff members that you can afford to commit themselves to this process? Keep in mind that they cannot concentrate on clients, operations, sales, etc. throughout this all-consuming procedure.

REBUTTALS

After spending weeks getting the package together, how do you respond to a manufacturer's rebuttal? If you react incorrectly, you run the risk of losing money. Manufacturers will only take into consideration specific types of comments that are based on their objections or justifications.

GETTING THE BEST POSSIBLE RATE

How can you figure out what the ideal rate is? Without proper expert help and information, you're just guessing and limiting your chances of making more money and being successful with submissions. Your ideal rate is based on the job mix and the various sorts of repairs that you carry out.

TECHNOLOGY

Do you have the necessary tools to access the appropriate analytical database and do precise calculations? Spreadsheets won't help; you need genuine data to perform the necessary computations before submitting.

Do you see why, based on our expertise and the facts provided above, hiring a competent third party can likely your best option?

External Submissions

Every day, automotive dealers lose thousands of dollars because warranty claims are not completed accurately or on time. Because state rules and brands change all the time, a third-party submission is your best bet. QB's professional staff becomes your operational partner, remaining up to speed on and adapting to any new adjustments and training required to achieve the best possible and ultimate results. Rather than handling a challenging and time-consuming job in-house, count on us to handle your warranty claims and get you the results you need, so you can focus on more essential matters.

With our retail warranty reimbursement and warranty claims processing service, our primary goal is to ensure that car dealers receive the money to which they are due. When it comes to retail warranty reimbursement, our priority is to bring your warranty labor rate near your door date and your parts to the national average or above. When it comes to warranty claims processing, we prioritize initially paid submissions of 86% or higher and submission times of 2.5 days or fewer. We enjoy helping car retailers in getting back on track operationally and be secure for the future. We take pleasure in our honesty, accuracy, and lasting results, and we always put the client first, with satisfaction guaranteed.

When You Need Assistance With Retail Warranty Reimbursements For Parts & Labor, Choose QB Business Solutions

Do your homework before deciding to collaborate with a third party. Look into their company's testimonials, endorsements, and industry reputation. Make certain that there are no upfront fees, monthly fees, or service fees. Many third-party firms claim to have no fees or expenses, but then bury them within their program to keep them hidden from you.  We promise results with no upfront charges or fees; we don't get paid unless you do. 

QB Business Solutions is a committed team of specialists that work one-on-one with dealers to get retail reimbursement for warranty labor and parts. Because no two dealers are alike, we will custom-tailor our services to meet your needs, so that we can assist anyone in achieving the best results.

Contact Information:

QB Business Solutions

4524 Gun Club Rd Suite 101A
West Palm Beach, FL 33415
United States

Thomas Hall
https://qbbusinesssolutions.com/