{"id":1017,"date":"2016-02-16T07:00:35","date_gmt":"2016-02-16T13:00:35","guid":{"rendered":"http:\/\/efgintelligence.com\/dealershipcorridor\/?p=1017"},"modified":"2016-02-16T08:54:06","modified_gmt":"2016-02-16T14:54:06","slug":"efg-companies-tapped-nifty-50-product-award-winner-walkaway","status":"publish","type":"post","link":"https:\/\/efgintelligence.com\/dealershipcorridor\/efg-companies-tapped-nifty-50-product-award-winner-walkaway\/","title":{"rendered":"EFG Companies Tapped Again as Nifty 50 Product Award Winner with WALKAWAY\u00ae"},"content":{"rendered":"<h3><a href=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy.jpg\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"1018\" data-permalink=\"https:\/\/efgintelligence.com\/dealershipcorridor\/efg-companies-tapped-nifty-50-product-award-winner-walkaway\/print\/\" data-orig-file=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy.jpg?fit=374%2C312&amp;ssl=1\" data-orig-size=\"374,312\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;Print&quot;}\" data-image-title=\"Print\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy.jpg?fit=300%2C250&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy.jpg?fit=374%2C312&amp;ssl=1\" class=\"alignright size-medium wp-image-1018\" alt=\"Print\" src=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy-300x250.jpg?resize=300%2C250\" width=\"300\" height=\"250\" srcset=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy.jpg?resize=300%2C250&amp;ssl=1 300w, https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/01316S-2016NiftyFiftyWinner-small-copy.jpg?w=374&amp;ssl=1 374w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>WALKAWAY<sup>\u00ae<\/sup> for Motorcycle Dealers Boosts Unit Sales by Driving Consumer Purchase Confidence<\/h3>\n<p><b>EFG Companies, announced today that its nationally award-winning WALKAWAY<sup>\u00ae<\/sup> product has been named a 2016 Powersports Business Nifty 50 Award Winner. <\/b>Based on the success of WALKAWAY in the automotive market, the product was extended to motorcycle dealers in 2015.<b> <\/b>This is EFG\u2019s 2<sup>nd<\/sup> consecutive year to be recognized as a Nifty 50 recipient. For more information on WALKAWAY, visit <a href=\"http:\/\/bit.ly\/1KfZUyP\">http:\/\/bit.ly\/1KfZUyP<\/a>.<\/p>\n<p>WALKAWAY provides motorcycle dealerships the ability to <strong>capitalize on consumer concerns<\/strong> that have prevented significant growth in the retail motorcycle space. Over the past few years, customers have postponed plans to purchase or lease a bike, after lessons learned from the Great Recession. WALKAWAY gives customers the confidence to purchase a new or used motorcycle by <strong>providing two options to protect their credit and investment<\/strong>, should a life-changing event occur. <!--more--><\/p>\n<p>Motorcycle dealerships who are authorized WALKAWAY retailers can provide their customers a complimentary waiver with all loans and leases, Customers can<strong> either walk away from their negative equity or keep their bike with the payment relief benefit.<\/strong><\/p>\n<p>WALKAWAY qualifying events include:<\/p>\n<ul>\n<li>Involuntary Unemployment<\/li>\n<li>Physical Disability<\/li>\n<li>Loss of Driver\u2019s License due to Medical Impairment<\/li>\n<li>International Employment Transfer<\/li>\n<li>Self-Employed Personal Bankruptcy<\/li>\n<li>Accidental Death<\/li>\n<\/ul>\n<p>The program is available to all bike shoppers, regardless of age, health, employment record, amount financed, or vehicle type \u2014 and there\u2019s <strong>no negative credit impact for customers who return their vehicles.<\/strong><\/p>\n<p>From a revenue-generating standpoint, WALKAWAY increases opportunities for profit in three ways:<\/p>\n<ol>\n<li>It <strong>increases dealer financing,<\/strong> as this product is only offered in conjunction with dealer financing.<\/li>\n<li>When a WALKAWAY benefit is authorized, <strong>the bike is returned to the selling dealership inventory for resell.<\/strong><\/li>\n<li><strong>Dealerships can supplement their revenue<\/strong> by selling one of four possible levels of upgrades.<\/li>\n<\/ol>\n<p>\u201cWALKAWAY goes way beyond traditional debt protection that has fallen short of consumer expectations and expected ROI on behalf of dealers,\u201d said Glenice Wilder, vice president, powersports, EFG Companies. \u201cThis program gives motorcycle dealers a <strong>significant point of differentiation<\/strong> while also <strong>driving online and retail location traffic<\/strong> of qualified prospective buyers.\u201d<\/p>\n<p>The Nifty 50 Awards are presented annually to recognize products and services that to increase dealer profit potential. The recipients are chosen by the editors of <i>Powersports Business<\/i> and their sister publications, including <i>Rider<\/i> and <i>Thunder Press<\/i>. \u201c<strong>The winners of the 17th annual Nifty 50 are considered the best of the best<\/strong> in the category of parts, accessories and service solutions for powersports dealers,\u201d said Dave McMahon, Editor-in-Chief of <i>Powersports Business<\/i>. \u201cWe attracted a record number of entrants to the contest. That said, the innovative products we chose are meant to <strong>give dealerships an edge leading into the spring selling season.<\/strong> WALKAWAY for motorcycle dealers certainly fits that description.\u201d<\/p>\n<p>WALKAWAY was first recognized as a market game changer when Hyundai rolled out the program to its more than 800 U.S. automotive dealers enabling the manufacturer to gain significant market share during the Great Recession.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WALKAWAY\u00ae for Motorcycle Dealers Boosts Unit Sales by Driving Consumer Purchase Confidence EFG Companies, announced today that its nationally award-winning WALKAWAY\u00ae product has been named a 2016 Powersports Business Nifty [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1020,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[164],"tags":[33,221,223,32],"class_list":["post-1017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","tag-hyundai-assurance","tag-nifty-50","tag-powersports-business","tag-walkaway"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2016\/02\/2016-Nifty-50-Featured-Image.jpg?fit=756%2C250&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7hsqu-gp","jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts\/1017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/comments?post=1017"}],"version-history":[{"count":2,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts\/1017\/revisions"}],"predecessor-version":[{"id":1022,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts\/1017\/revisions\/1022"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/media\/1020"}],"wp:attachment":[{"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/media?parent=1017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/categories?post=1017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/tags?post=1017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}