{"id":723,"date":"2015-02-02T08:00:14","date_gmt":"2015-02-02T14:00:14","guid":{"rendered":"http:\/\/efgintelligence.com\/dealershipcorridor\/?p=723"},"modified":"2016-01-21T15:59:50","modified_gmt":"2016-01-21T21:59:50","slug":"efg-breaks-tradition-mileage-vsc-map-miles","status":"publish","type":"post","link":"https:\/\/efgintelligence.com\/dealershipcorridor\/efg-breaks-tradition-mileage-vsc-map-miles\/","title":{"rendered":"EFG Breaks Tradition Again With The Mileage-Only VSC:  MAP My Miles\u00ae"},"content":{"rendered":"<h3 align=\"center\"><i>-50 percent of consumers surveyed want to customize their next VSC-<\/i><\/h3>\n<p><b><a href=\"http:\/\/bit.ly\/MAPMYMILES\"><img data-recalc-dims=\"1\" decoding=\"async\" data-attachment-id=\"725\" data-permalink=\"https:\/\/efgintelligence.com\/dealershipcorridor\/efg-breaks-tradition-mileage-vsc-map-miles\/map_my_miles_logo_r_trnsp\/\" data-orig-file=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2015\/02\/MAP_MY_MILES_LOGO_R_trnsp.png?fit=189%2C91&amp;ssl=1\" data-orig-size=\"189,91\" 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;&quot;}\" data-image-title=\"MAP_MY_MILES_LOGO_R_trnsp\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2015\/02\/MAP_MY_MILES_LOGO_R_trnsp.png?fit=189%2C91&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2015\/02\/MAP_MY_MILES_LOGO_R_trnsp.png?fit=189%2C91&amp;ssl=1\" class=\"alignright size-full wp-image-725\" alt=\"MAP_MY_MILES_LOGO_R_trnsp\" src=\"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2015\/02\/MAP_MY_MILES_LOGO_R_trnsp.png?resize=189%2C91\" width=\"189\" height=\"91\" \/><\/a>EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced the \u00a0launch of MAP My Miles<sup>\u00ae<\/sup>, the mileage-only vehicle service contract (VSC) that breaks industry tradition by enabling consumers to customize their VSC to their personal driving habits.<\/b><\/p>\n<p>This new product provides dealerships the opportunity to give customers a VSC that\u2019s a perfect fit for them, save time in the F&amp;I office, and turn a sometimes cumbersome selling process into a relaxed conversation \u2013 increasing sales. For more information on EFG\u2019s MAP My Miles VSC, visit <a href=\"http:\/\/bit.ly\/MAPMYMILES\">http:\/\/bit.ly\/MAPMYMILES<\/a> <b><\/b><\/p>\n<p>According to a recent EFG survey, <strong>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.<\/strong> Restrictive coverage terms are often one of the hardest obstacles F&amp;I managers face in selling F&amp;I products. With MAP My Miles, dealers can tailor the product to a customer\u2019s 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. <!--more--> <\/p>\n<p>In addition, <strong>close to 50 percent of consumers who previously purchased a VSC went on to say that they want to customize the miles of their next VSC to fit their own needs<\/strong>. \u201cWe\u2019re seeing trends in other industries that consumers are responding very positively to the ability to personalize products and services,\u201d said John Pappanastos, President &amp; CEO, EFG Companies. \u201cFor example, the cellphone industry went through significant upheaval as new competitors entered the market giving consumers the ability to completely customize phone plans. <strong>As a partner in our clients\u2019 success, we recognize the importance of staying ahead of, and leveraging, trends in consumer demand<\/strong>.\u201d<\/p>\n<p><strong>MAP My Miles gives dealerships an immediate means of capturing market share by turning the sales process into a more value-based conversation while providing customers more control over their coverage.<\/strong> Dealerships can also increase revenue by upgrading customers from EFG\u2019s Select coverage level to either Choice or Premium, EFG\u2019s most comprehensive coverage level.<\/p>\n<p>As always, EFG backs this new product offering with its strategic engagement model from a dealer field services team that is 100 percent <a href=\"http:\/\/www.efgcompanies.com\/media\/52634\/afip_press_release_final_for_web.pdf\" target=\"_blank\">AFIP certified<\/a>, and a claims administration team that is <a href=\"http:\/\/www.efgcompanies.com\/media\/55989\/ase_press_release_final_for_web.pdf\" target=\"_blank\">ASE certified<\/a> and certified as a <a href=\"http:\/\/www.efgcompanies.com\/media\/63261\/benchmark_portal_press_release_final.pdf\" target=\"_blank\">Center of Excellence<\/a> by Benchmark Portal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>-50 percent of consumers surveyed want to customize their next VSC- EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced the \u00a0launch of MAP My Miles\u00ae, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":727,"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":[2,7,164],"tags":[69,313,17,59,215,60,45],"class_list":["post-723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-efg-companies","category-fi","category-featured","tag-efg","tag-efg-companies","tag-john-pappanastos","tag-map","tag-map-my-miles","tag-vehicle-service-contract","tag-vsc"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/efgintelligence.com\/dealershipcorridor\/wp-content\/uploads\/sites\/2\/2015\/02\/MAP-My-Miles.jpg?fit=756%2C250&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7hsqu-bF","jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts\/723","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=723"}],"version-history":[{"count":3,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts\/723\/revisions"}],"predecessor-version":[{"id":989,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/posts\/723\/revisions\/989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/media\/727"}],"wp:attachment":[{"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/media?parent=723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/categories?post=723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/efgintelligence.com\/dealershipcorridor\/wp-json\/wp\/v2\/tags?post=723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}