Payment Assist and Opteven to offer drivers affordable warranties

Flexible finance provider Payment Assist has expanded its partnership with Opteven to help drivers spread the cost of vehicle warranties and essential aftersales products over manageable monthly instalments. 

While warranty customers avoid unexpected repair bills and enjoy affordable outgoings, dealers benefit from a simple, trusted solution to increase upselling at the point of sale. Managed through Opteven’s proprietary online portal, the whole process is delivered digitally, with paperwork sent to the customer for electronic signature.

Andy Waite, Opteven’s Commercial Director, said: “Tightening household budgets, soaring living costs and shrinking flexible income is putting drivers under increasing financial pressure. As a result, vehicle warranties become all the more important, yet can seem unaffordable in a one-off payment.

“Expanding our partnership with Payment Assist will make vehicle warranties more affordable and help drivers to keep their vehicles in excellent condition. Importantly, flexible finance solutions help dealers support their customers. Payment Assist makes it easier to sell warranties and build long-term customer relationships based on service excellence and trust.”