Categories
Featured

Enterprise Financial News – Volume 5

Hot Off the Press!

MagazineGet a new perspective on how to maximize your dealership profitability while staying compliant with the experts from EFG Companies.

Download the 5th volume of Enterprise Financial News Magazine.

Categories
EFG Companies F&I Featured

EFG Breaks Tradition Again With The Mileage-Only VSC: MAP My Miles®

-50 percent of consumers surveyed want to customize their next VSC-

MAP_MY_MILES_LOGO_R_trnspEFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced the  launch of MAP My Miles®, the mileage-only vehicle service contract (VSC) that breaks industry tradition by enabling consumers to customize their VSC to their personal driving habits.

This new product provides dealerships the opportunity to give customers a VSC that’s a perfect fit for them, save time in the F&I office, and turn a sometimes cumbersome selling process into a relaxed conversation – increasing sales. For more information on EFG’s MAP My Miles VSC, visit http://bit.ly/MAPMYMILES

According to a recent EFG survey, 40 percent of consumers nationally said that the terms of the last VSC they purchased ended up being either too much or too little for what they needed. Restrictive coverage terms are often one of the hardest obstacles F&I managers face in selling F&I products. With MAP My Miles, dealers can tailor the product to a customer’s specific driving habits instead of having to accept a standard, traditional coverage level in defined increments which the industry has relied upon for so long.