POWERBUY
Powerbuy Program Advantage
The moment a vehicle leaves the dealership lot, it begins to depreciate. In the unfortunate event of a total loss due to an accident or theft, the primary insurance carrier will only reimburse the vehicle’s actual cash value at the time of loss. This payout often falls short of covering the customer’s full investment, including their down payment and any monthly payments made.
With PowerBuy Equity Protection, you can help safeguard your customers from this financial gap. PowerBuy provides up to $10,000 in depreciation coverage for up to 60 months, ensuring that when customers need a replacement vehicle, they receive added financial support—but only when they return to the original selling dealership or dealer group.
Protect your customers. Strengthen your dealership’s loyalty. Offer PowerBuy.
Key Benefits of Powerbuy Equity Protection
• Protects Against Depreciation – Provides up to $10,000 in coverage to offset depreciation in the event of a total loss.
• Works Alongside GAP Protection – Covers additional out-of-pocket expenses that GAP does not.
• Available on All Purchase Types – Can be applied to cash, finance, and lease deals.
• Exclusive to the Selling Dealership – Customers must return to the original selling dealership or dealer group to redeem their benefit, driving loyalty and repeat business.
• Long-Term Coverage – Offers protection for up to 60 months.
• Simplified Claims Process – The benefit is paid directly to the dealership, making it easy for customers to apply it toward their next vehicle.
• Reduces Negative Equity Concerns – Helps minimize financial burdens when replacing a total-loss vehicle.
• Increases F&I Profitability – Adds value to the dealership’s F&I offerings while enhancing customer protection.