Warrantywise is one of Britain’s largest car warranty companies and had a record year in sales growth.
They are celebrating an outstanding 55% growth in sales year on year.
Lawrence Whittaker, CEO of Warrantywise, attributes this to a number of reasons, “We’ve had a fantastic year for sales, and worked really hard on setting goals to achieve this.
“We hired a new Chief Sales Officer, Mark Khan; invested in our IT to keep our systems ahead of the game; and also have seen consumer trends which have benefited us.
“People are keeping their cars longer and not upgrading them, and coming to us for a warranty for peace of mind on an older car. People are buying inexpensive used cars as they prefer to use those rather than use public transport in these times. We’ve seen an increase in our lower value car warranties being sold, alongside growth in all areas of our business.”