Navy Federal Credit Union recently released its latest Cost of Car Ownership (COCO) Index, reflecting that vehicle ownership is nearing record levels – including expenses such as gas, insurance, repairs, and purchase prices. As consumers continue to face numerous economic challenges, dealerships have the tools to tackle those rising costs. Your portfolio of repair, maintenance, and debt protection products has proven to ease the burden of ownership for your customers. Position these products as safeguards against unexpected expenses, thereby increasing your opportunities to boost your PRU.
