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GE Money Offers Extended Warranty Service Contract Program for RV Industry

IRVINE, Calif.--(BUSINESS WIRE)--GE Money���s Sales Finance unit has become the first provider of consumer recreational vehicle (RV) financing to offer a comprehensive extended service contract program for owners of motor homes, trailers and campers.

GE���s 5-Star Program, administered through Auto Warranty Services (AWS), a GE Money division, may be offered to consumers by any RV retailer that offers GE Money���s consumer financing on the sale of new, used, motorized and towable RVs.

���The 5-Star service contract program is a complement to our full spectrum lending,��� said Ed Arienti, RV/Marine president for GE Money ��� Sales Finance. ���Consumers are able to have great protection for their purchase, and dealers now have the convenience of offering both financing and service contracts from one source.���

The 5-Star Program provides extended protection for motor homes, trailers and campers. It includes:

* Emergency Roadside assistance, 24/7, for lockouts, tire changes, jump starts, fluid delivery, towing and more.
* Replacement vehicle reimbursement during repair periods.
* Meal and lodging reimbursement for interrupted trips.
* Reimbursement for required deductible fees when mechanical breakdowns are covered by a manufacturer���s warranty.

With more than 25 years of experience in the service contract industry, GE���s Auto Warranty Services product is backed by more than $700 billion in assets of GE.

���We are excited to add an additional program to our business,��� said Orlando Zayas, president of Auto Warranty Services, a GE Money unit. ���RV customers will receive the same top-notch service that all of our existing customers receive today. The RV program gives us an opportunity to expand into a large, growing marketplace. Partnering with Sales Finance to expand our reach in this industry makes perfect sense.���

While there are other extended warranty programs available, the 5-Star Program is the only service contract program offered directly through an RV lender.

���RV dealers that offer service contracts will find they have more repeat business and higher customer satisfaction,��� Arienti said. ���The 5-Star program is a terrific service contract and a great tool for helping RV dealers build their business.���

Dealers interested in learning more or enrolling in the GE AWS program can contact 1-800-234-2647, option 3.

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