The $27 billion dollar extended service plan market is dominated by retailers who ask for and receive exorbitant margins. These retailers range from automobile dealerships to electronics and appliance sellers. Although over 40% of Americans purchase these contracts, there are no channels currently available that allow consumers access to fair pricing. Because these plans are offered during the sales process consumers find it difficult to determine the quality of these products and strength of the companies that are backing them. Thus, consumers are unable to make an informed buying decision about the quality of the service plan or whether the asking price represents a good value.
Wholesale Warranty Club is a membership based organization that was founded by former consumer finance and insurance executives in Denver Colorado to address ongoing issues within the extended warranty market. Rampant with price gouging and in some cases outright fraud, the extended service plan marketplace needed to have its’ deck shuffled.
Membership in Wholesale Warranty Club is about bringing true value to this market. Members have confidence in knowing that the plan they purchase will cover them when the time comes and that the price they pay is appropriate to the protection they receive. In short, Club members get what they pay for. Wholesale Warranty Club’s mission is simple: best coverage, best warranty companies, best price…period.