ATLANTA, Dec. 9, 2013 /PRNewswire/ -- Safe-Guard is pleased to announce a new partnership with Toyota Financial Services and Lexus Financial Services. Tire & Wheel Protection plans administered by Safe-Guard will be available to Toyota and Lexus buyers and lessees in dealer showrooms beginning December 9.
Developed through a partnership with Toyota Financial Services and in collaboration with Toyota and Lexus dealers, plans include:
- Full tire replacement (no plugs or patches; customers receive a new tire with a qualified claim, including for run-flat and aftermarket tires)
- Wheel replacement (when damage to the wheel prevents a seal between the tire and wheel)
- No limit to the number of claims; no aggregate dollar limit
- Towing Reimbursement (up to $100 when road hazard damage to the tire or wheel)
- Related costs for labor and fees
- One time transferability of benefits should the Toyota or Lexus vehicle be sold to a private party
Through this plan, dealers will also have an option to offer cosmetic wheel repair for wheel scuffs and dings1, as well as an option to offer Paintless Dent Repair and Windshield Repair.
"We're pleased to have partnered with Toyota Financial Services to build and offer this whole new level of customer care," said Dave Duncan, President of Safe-Guard. "Americans are spending more time on the road; average commute time is over 25 minutes with over 10 million people commuting an hour or more to work each day, and tire and wheel replacement can be a substantial out of pocket expense. Safe-Guard's Tire & Wheel products add safety, security, and peace of mind for Toyota and Lexus customers in the event their tires or wheels become damaged as a result of a road hazard. And it's a greater opportunity for dealers to increase sales, customer retention, and build Toyota brand advocates."
Interested Toyota and Lexus buyers should contact their local dealer to confirm Tire & Wheel Protection plans available.
1 Cosmetic wheel repair option is not available in all states
About Safe-Guard Products International
Founded in 1992 and based in Atlanta, Safe-Guard Products International, LLC is the leading provider of Finance and Insurance products in the automotive aftermarket industry as well as the RV, marine and motorcycle/powersports segments. The Company develops, markets and administers the highest-quality Finance and Insurance programs and matches them with unparalleled customer service, advanced technology solutions, and industry-leading training. Safe-Guard is a proud partner to more than half the country's top 500 dealers, the most successful general agents and the largest dealer groups across the United States and Canada. With a complete product portfolio and smart technology solutions, top Original Equipment Manufacturers (OEMs), dealers, and independent agents choose Safe-Guard more than any other provider. For more information, please visit www.safe-guardproducts.com.
About Toyota Financial Services
TFS is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing, as well as commercial equipment, truck, and fleet financing, through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers extended service contracts through Toyota Motor Insurance Services (TMIS). Lexus Financial Services is the brand for financial products for Lexus dealers and customers. TFS currently employs more than 3,200 associates nationwide, and has assets totaling over $95 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. We announce material financial information using the investor relations section of our website (www.toyotafinancial.com) and SEC filings. We use these channels, press releases, and social media to communicate about our company, our services and other issues. While not all information we post on social media is of a material nature, some information could be material. Therefore, we encourage those interested in our company to review our posts on Twitter at www.twitter.com/toyotafinancial.
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SOURCE Safe-Guard Products International