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VSC

Best Practice for Optimizing Service Absorption and Dealership Profitability

Increasing a dealerships service absorption begins with the reconditioning for its used car inventory and ends with the timely service marketing of those customers.

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APC: Post-Sale VSCs Spike as Dealers Shift Gears

APC executives report significantly higher response and close rates for second-chance service contracts in March and April, when stay-at-home orders suppressed vehicle sales and F&I production.

Portfolio Announces Launch of Portfolio One VSC

New vehicle service contract promises a streamlined approach to F&I sales, contracting, rating and claims.

Line 5 Introduces a New Independent Dealer Program

Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and avoid chargebacks with no fee.

PayLink Direct Expands Services to the Canadian Market

PayLink Direct has announced the expansion of its services to all Canadian Provinces.

Servicecontract.com Announces Launch to Increase F&I Sales

New company launches online Vehicle Service Contract provider.

Report: GAP Claim Payouts Are Accelerating

Protective Asset Protection analysts say GAP claim payouts rose by 19.5% for new vehicles and an astounding 95% for used vehicles between 2014 and 2018.

You Don’t Have to Be a Closer to Close

F&I professionals who talk more than they listen miss opportunities to let customers sell themselves. His Madness has the proof.

First Choice Car Care Launches High-Mileage VSC Plans

The new plans are designed to appeal to buyers of older vehicles who desire investment protection at a reasonable cost, officials said. It also encourages dealers to retail units profitably they would otherwise wholesale for a loss.

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New VSC Portal Helps Monetize Lost VSC Leads

ForeverCar, a vehicle service contract technology provider, has launched a new dealer-branded VSC sales platform designed to help dealers sell protection products on older, higher mileage vehicles. The platform is also designed to help dealers recapture 'lost' VSC opportunities from prior lead investments.

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