Safe-Guard Enters into Partnership with Toyota Financial Services

Safe-Guard announced a new partnership with Toyota Financial Services (TFS) and Lexus Financial Services.

In a release, Safe-Guard said that Tire & Wheel Protection plans administered by Safe-Guard will be available to Toyota and Lexus buyers and lessees in dealer showrooms beginning Dec. 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 dings, 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."

Based in Atlanta, Safe-Guard Products International is a 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 Finance and Insurance programs.

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 Corp. (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 financial services offered by Toyota Financial Services Corp., a subsidiary of Toyota Motor Corp.

More information:

www.safe-guardproducts.com

www.toyotafinancial.com

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