TAC/TCP/SNMP
What is the allowable max advance through TFS? List all three by term.
(<24 mos) <48 mos = 6%
(25 - 47mos) 49 - 71 mos = 8%
(over 47 mos) over 71 months = 10%
What are TEC Max Terms By Coverage (Platinum,Gold, PT) for New and Used?
New - Platinum and Gold = 8yr or 125k
Powertrain = 6yrs or 100k
Used - Platinum and Gold = 5yr or 60k
Powertrain 2yrs or 24k
What are the TFS advance guidelines for the four different configurations of the TEC Tire and Wheel product?
100 Point Bonus: What are those four configurations?
5% TEC Tire and Wheel Platinum
7% TEC Tire and Wheel Platinum Plus
7% TEC Tire and Wheel plus Key
9% TEC Tire and Wheel Platinum plus Key
Toyota branded product not available to be included in reinsurance.
TEC Tire and Wheel
How many key fobs necessary for TCUV vehicle?
One.
What are the eligibility guideline for TAC Premium Wrap product?
New Toyota vehicles with "ToyotaCare" only
On TEC Platinum VSA, what is the Travel Protection $/day and the limited number of days the benefit can be used over the life of the contract?
$100/day and five days maximum over the life of the contract.
What is the max term available for TEC Tire and Wheel?
7yrs unlimited mileage
Which structure is unavailable with TEC VSA?
DOWC
What is the max term available on TCUV wrap and what are the deductible options?
8 yr or 125K
0 or 50 disappearing
Which TAC program is available to be sold on Non-Toyotas?
Plus Coverage only
What are the five items included as reasons to use Roadside Assistance Benefit?
1. Towing
2. Flat Tire
3. Lockout
4. Jump Start
5. Fuel and Fluid Delivery (at clients expense)
Are SecureNet T/W products sold on new Toyota vehicles eligible for the enhanced advance through TFS?
No. Only TEC branded products are eligible for the higher advance limits through TFS.
What would be the best structure for a dealer desiring more immediate cash flow from his/her reinsurance structure?
Retro
What are the two choices of CPO programs available to dealers?
Bonus 100pts: What are the max mileage guidelines for each?
Powertrain CPO Limited Warranty.
6yrs or 75k
PowertrainPlus CPO Limited Warranty
10yrs or 150k
What is the price to the consumer for ToyotaCare Plus?
The price is set by the dealer.
Would a Toyota dealer participating in a DOWC structure be able to gain access to the increased product advances?
No.
What are three differences between TEC Tire and Wheel and SecureNet Tire and Wheel?
1. TEC is Replace only vs SN Repair or Replace
2. TEC eligible for higher advance than SecureNet
3. SN can be included in reinsurance
How are premiums earned in a Retro structure for new and used vehicle contracts?
New - Reverse Rule of 78s
Used - Pro Rata
Can a dealer set up an overfund on CPO Limited Warranty programs?
No
What is the mileage eligibility for TCP?
17,500 to 31,000 miles on odometer and cannot have completed 30k service.
What are the eligibility limits for New Premier Plus coverage?
Under 6 years old and less than 60k miles.
What are the eligibility requirements for SecureNet Tire and Wheel and TEC Tire and Wheel?
SecureNet - Less than 6 yrs old
TEC - None
Which structures can be "white labeled" for a dealer?
DOWC and DO
According to Toyota, what percentage of TCUV buyers would buy another Toyota?
86%