Third Option Close Flashcards

1
Q

Customer Declines All Options:

A

No problem, let me get your paperwork started…

Keyboard

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2
Q

Opening:

A

Miss Smith, I’m a little curious; what is it about the Service Contract that concerns you?

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3
Q

Customer: The cost.

A

I understand how you feel, it’s hard to justify the cost if you can’t see the value.

To see if this may be cost effective for you, do you mind if I ask you a few questions?

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4
Q

Customer: Sure.
(Before Cust. Response)
To see if this may be cost effective for you, do you mind if I ask you a few questions?

A

Did you know your vehicle comes with 4-5 different warranties?

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5
Q

Customer: No.

A

Do you mind if I explain?

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6
Q

Customer: Sure, go ahead.

A

CLICK TO OPEN SALES TOOL

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7
Q

CLICK (1)

CLICK TO OPEN SALES TOOL

A

You have a 12 month or 12,000 mile prorated warranty on your battery and tires.

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8
Q

CLICK (2)

You have a 12 month or 12,000 mile prorated warranty on your battery and tires.

A

Along with the 4 year or 50,000 mile LIMITED WARRANTY your salesperson told you about.

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9
Q

CLICK (3)

Along with the 4 year or 50,000 mile LIMITED WARRANTY your salesperson told you about.

A

You also have 4 years of POWERTRAIN Coverage.

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10
Q

CLICK (4)

You also have 4 years of POWERTRAIN Coverage.

A

And 7 years of RUST and CORROSION protection.

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11
Q

Set-Up:

And 7 years of RUST and CORROSION protection.

A

Did you ever wonder why the manufacturer only gives you 50,000 miles of coverage?

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12
Q

CLICK (5)

Did you ever wonder why the manufacturer only gives you 50,000 miles of coverage?

A

Well they have found that the frequency of repairs increases at about 50,000 miles.

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13
Q

CLICK (6)

Well they have found that the frequency of repairs increases at about 50,000 miles.

A

You told me you plan on keeping the car for 5 years and will be driving 15,000 miles per year.

If the manufacturer gave you an option of having coverage for the first two and a half years…

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14
Q

CLICK (7)

If the manufacturer gave you an option of having coverage for the first two and a half years, or…

A

…Or the second two and a half years when it would be more cost effective…

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15
Q

…CLICK (8)…

A

…which would you choose?

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16
Q

Customer: The second two and a half years.

A

(CLICK) What we’re offering is a THIRD OPTION, coverage for the full FIVE years.

17
Q

CLOSE:

A

Would you like your payment due in 30 or 45 days?