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

Line of like-new vehicles in outdoor lot
Industry•by Hannah Mitchell•November 3, 2026

CPO Sales Could Take Off in the Right Conditions

A recent Cox Automotive consumer survey reveals the size of an undertapped market for the vehicle segment given affordability pressures.

Read More →
Small black toy car on top of a map.
Industry•by Lauren Lawrence•November 3, 2026

Global Consumer Trends Diverge

Price remains a top consideration for U.S. car buyers, and they are the most brand-loyal consumers to established automakers, according to a new survey.

Read More →
Two men and one woman standing in front of blue walled Chevrolet dealership entrance.
Industry•by Hannah Mitchell•October 27, 2026

Badger State Dealership Gets New Owner

The longtime southern Wisconsin store moved from one area auto group to another, keeping the business in Dairyland.

Read More →
Ad Loading...
Two hands, one handing off set of keys to the other.
Industry•by Lauren Lawrence•October 27, 2026

The Cycle of Negative Equity

Third-quarter data shows consumers still rolling over debt and stretching loan terms, raising their risk of remaining underwater.

Read More →
Orange electric vehicle charging station.
Industry•by Lauren Lawrence•October 20, 2026

Charger Network Growth Slows

Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.

Read More →
Fan of $100 bills atop a white envelope
Industry•by Hannah Mitchell•October 13, 2026

Lenders, Consumers Take on More Auto Loan Risk

September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.

Read More →
Ad Loading...
Red type R Honda civic parked on road.
Industry•by Lauren Lawrence•October 13, 2026

Next-Gen Hybrids in Sight

Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.

Read More →
Dodge ram emblem on orange vehicle exterior
Industry•by Hannah Mitchell•October 6, 2026

Gem State Stores Change Hands

A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.

Read More →
Graphic of model car driving on fake road.
Industry•by Lauren Lawrence•October 6, 2026

Charging In Motion

Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.

Read More →
Ad Loading...
front grill of a Ford truck with blue Ford emblem
Industry•by Lauren Lawrence•September 30, 2026

Twin Cities Stores Sell

Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.

Read More →