{"id":126,"date":"2013-06-13T10:45:02","date_gmt":"2013-06-13T15:45:02","guid":{"rendered":"http:\/\/efgintelligence.com\/dealershipcorridor\/?p=126"},"modified":"2015-03-20T09:26:15","modified_gmt":"2015-03-20T14:26:15","slug":"increase-your-pru","status":"publish","type":"post","link":"https:\/\/efgintelligence.com\/dealershipcorridor\/increase-your-pru\/","title":{"rendered":"Increase Your PRU"},"content":{"rendered":"

\"Contributing<\/a>The festivities of graduation still linger and families are on the hunt for the perfect used car for their kids leaving the nest. With used cars flying off the lots, you are probably trying to make the most of this ample opportunity to increase F&I profit.<\/p>\n

You already know that a vehicle service contract is an excellent way to increase used car sales. It eases parental anxiety and provides their kids with quality coverage on most of the same components as a manufacturer\u2019s warranty. But, you have also had more than your fair share of customers with concerns about the mileage limits, especially on a much older vehicle.<\/p>\n

Take for example, an F&I manager presenting a 10-year\/100-mile vehicle service contract to a customer looking at a car with 60,000 miles on it. Traditionally, this VSC would only cover the next 40,000 miles and many customers often feel like such a product is not worth their money.<\/p>\n

However, with EFG\u2019s Motorist Assistance Plan, dealerships have the opportunity to provide more value to their customers with extra protection from financial risk, leading to higher PRU. With MAP\u00ae<\/sup>, customers can add on both miles and time from the time of purchase, taking them well beyond a traditional VSC.<\/p>\n

MAP\u2019s add-on miles provides your F&I manager with a significant closing tool. And, if that\u2019s not enough, MAP can be offered with six months complimentary WALKAWAY\u00ae<\/sup>, the product behind the award-winning Hyundai Assurance.<\/p>\n

WALKAWAY relieves customers of their lease of loan obligations when unforeseen life events occur, such as involuntary unemployment, physical disability, or critical illness.<\/p>\n

While providing your customers with this extra protection, MAP and WALKAWAY:<\/p>\n