P&A Providers & Administrators
MenuMENU
SearchSEARCH

New F&I Solution for High-Mileage Vehicles

April 29, 2015
2 min to read


OAKBROOK TERRACE, Ill. — Warranty Alternatives has announced the nationwide rollout of Universal Repair Coverage (URC), a new entire-vehicle coverage option for higher-mileage vehicles.


URC offers a simple-to-understand and simple-to-use 50% exclusionary repair reimbursement benefit and annual auto deductible insurance benefit alongside rental car, roadside assistance and trip interruption cash benefits… all for half the cost of a traditional exclusionary service contract. “URC is also equal to or less than the cost of a good Powertrain or Powertrain Plus stated component service contract,” explains National Sales Director Dave Bafumo.

Ad Loading...


“The program’s unique blend of benefits, plus unlimited driving mileage (contract expiration by term only) appeals to a broad spectrum of consumers, especially those six in ten dealership customers who say “No” to or cannot afford a good service contract,” according to Dave.


Bafumo said the launch of URC was driven by the needs of dealerships that retail vehicles with more than 60,000 miles on the odometer. Describing Universal Repair Coverage as a “balanced alternative,” Bafumo listed the following benefits:

  • Exclusionary coverage with no claims preauthorization or administration, regardless of the vehicle’s age or mileage at the time of sale,

  • A 50% repair benefit claim for every mechanical and electrical breakdown – with no fine print, no parts limitations, and no labor limits.

  • A coverage contract and point of sale materials designed to highlight benefits and terms and conditions with no hidden surprises or loopholes for customers.



Universal Repair Coverage is designed for Dealerships and Agents who understand and appreciate the marketing appeal, profit potential, customer service value and customer satisfaction implications of an exclusionary repair benefit for high mileage vehicles with no claims pre-authorization or service department repair negotiations.


“In my experience, that all adds up to one thing: happier customers who’ll come back for repeat business,” Bafumo said.


More Industry

White BMW SUV driving on road.
Industryby Hannah MitchellSeptember 15, 2026

Achromatic Autos

The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.

Read More →
Line of eclipse SUVs in parking lot.
Industryby Lauren LawrenceSeptember 15, 2026

Used-Vehicle Affordability Worsens

Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.

Read More →
Two businessmen shaking hands in front of a vehicle
Industryby Hannah MitchellSeptember 8, 2026

First-Half Dealership Deals Up

Buy-sell activity shows that acquirers are looking for value and scale as many retailers seek to leave an increasingly competitive and complex market, Kerrigan Advisors reports.

Read More →
Ad Loading...
Kia Niro SUV in gold color parked outdoors
Industryby Hannah MitchellSeptember 1, 2026

Kia Closes Out Summer With a Bang

Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.

Read More →
Outside of Auto Park Ford dealership
Industryby Lauren LawrenceSeptember 1, 2026

Indiana Dealership Changes Hands

A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.

Read More →
Three men standing in front of two classic cars handing off gift.
Industryby Hannah MitchellAugust 25, 2026

Texas Dealership No Longer in the Family

The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.

Read More →
Ad Loading...
Outside of modern car dealership “Genesis of San Bruno
Industryby Lauren LawrenceAugust 25, 2026

Genesis Grows California Presence

The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.

Read More →
Red Honda Civic hybrid sedan on two lane road with green hills in background
Industryby Hannah MitchellAugust 21, 2026

August Auto Sales a Mixed Bag

An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.

Read More →
EV charger inserted into dark-colored car port
Industryby Hannah MitchellAugust 18, 2026

EV Market Humming Along

July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.

Read More →
Ad Loading...
car in background with hand giving a thumbs up in front
Industryby Lauren LawrenceAugust 14, 2026

Auto Loan Delinquency Rates Stabilize

Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.

Read More →