DALLAS — Vehicle Acceptance Corporation (VAC), a national buy-here, pay-here lender, and PassTime, a starter interrupt/GPS device manufacturer, are launching a coordinated effort to jointly market PassTime’s Starter Interrupt and GPS devices and VAC’s cash and service solutions.
“Combining the products and services of PassTime with the financing options of VAC makes a very strong offering to the buy-here, pay-here automotive market,” stated Frank Jacobsen, president and chief operating officer of PassTime. “We are looking forward to a long and successful partnership with VAC.”
In advance of the new partnership with PassTime, Vehicle Acceptance has opened a new office in Carmel, Indiana, expanded its corporate headquarters in Dallas and increased the size of its Phoenix branch office.
"VAC's volume and present opportunities required significantly increasing the size of our offices in Dallas and Phoenix. We now have the infrastructure and staffing that is necessary to maintain our current internal growth rates and absorb additional opportunities like this one with PassTime,” said Jonathan Neubauer, chief executive officer of VAC.
PassTime’s extensive suite of products, including a new version of their Elite product line, complements the service offerings provided by VAC. The payment assurance products and services PassTime offers help reduce delinquencies, improve collections, and assist in repossessions.
For more information on VAC programs, call Allan Couch at (800) 380-3882 or visit http://VACorp.com/PR. For more information on PassTime programs, call Corinne Schwarz-Kirkendall at (877) PASSTIME or visit http://passtimeusa.com.