Industry News

Warranty Solutions Group launches new initiative to save dealers thousands of pounds on parts and preparation costs

posted on 25/10/2023
Warranty Solutions Group launches new initiative to save dealers thousands of pounds on parts and preparation costs

Warranty Solutions Group has announced an exclusive partnership with Just Green Parts, a major provider of environmentally sustainable vehicle parts, to bring its dealer network significant savings on preparation costs and provide a solution to the current shortage of automotive components.

Green parts are undamaged and reusable components sourced from end-of-life and written-off vehicles that are routinely reclaimed during the dismantling and recycling process. When purchased via Just Green Parts’ network of approved recycling centres, they represent an affordable, fast and eco-friendly way for dealers to obtain parts.

All dealers offering WSG’s warranty products can order direct through Just Green Parts’ online portal and enjoy typical savings of around 70% or more versus brand new OEM components bought through the manufacturer.

In addition, WSG’s warranties will now cover all Just Green Parts products, ensuring that both dealers and customers are protected against unexpected repairs for longer.

This initiative has enabled dealers to eliminate supply chain issues and minimise downtime for their customers, as millions of parts are readily available for virtually every vehicle brand in the UK - including those that are in short supply or on back order.

John Colinswood, CEO of Warranty Solutions Group commented: "We have been trialling this partnership over the past few months and are delighted to report that our dealers are saving on average around £3,000 per month on their prep and parts costs. One of our largest independent dealers is saving £15,000 per month and a large franchise is saving over £25,000 per month.

“Both companies are excited about the possibilities this collaboration presents. Integrating eco- friendly parts solutions into the used warranty landscape is a significant step forward in driving up sustainability across the motor industry and reflects our mission to remain at the forefront of innovation.”

David Underhill, CEO of Just Green Parts, added: “This dynamic collaboration brings together two industry leaders with a shared commitment of delivering value, quality and great service to the motor trade. We’re very proud to be working in collaboration with WSG to make eco-friendly auto parts more accessible to dealers, whilst providing them with the peace of mind that comes with the extended warranty coverage.”

In 2021, the UK’s vehicle recycling market was worth £1.4 billion. By 2027, it is expected to reach £2 billion. Additionally, green parts save over 80 billion barrels of oil every year in manufacturing and transport processes around the world.

*Article Source https://warrantysolutionsgroup.co.uk/

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