SecureTrade Collision Trade-In Protection
When your vehicle has been involved in a collision, even a minor one, its trade in value will decrease. In the event that Your Vehicle suffers physical damage and a claim is paid by the Vehicle Insurer, a benefit equal to the lesser of 15% of the physical damage claim or $2500 will be paid to the dealer at the time the Vehicle is traded-in at a licensed motor vehicle dealership.
Features and Benefits
- This product is available to Finance Customers only.
- Available for New & Used Vehicles
- Maximum finance terms is 84 months
- Maximum reimbursement for damage is 15% of claim amount or $2500
- A unique F&I product that is only available through Auto Innovations.
- Collision Trade-In Protection can be sold as a Standalone productor packaged with Titan Vehicle Protection at a reduced cost.
Why do I need Collision Trade-In Protection?
Today’s vehicles depreciate at a rate of 15-20% per year. In the majority of cases, if your new vehicle is involved in a collision, especially a major one, your insurer will likely have the vehicle repaired even if it costs upwards of twenty thousand dollars ($20K), because new cars are too expensive to simply write off. This means that the accident will be a part of your vehicle history and therefore its trade-in value will decrease. Collision Trade-In Protection, will provide you with a benefit up to $2500 to cover the deficiency.
