NAPA, Calif. — AUL Corp. is launching a new suite of F&I products today, the company announced. President and CEO Jimmy Atkinson noted that, as F&I products increasingly comprise a large percentage of an auto dealer’s profits — more than that of the actual vehicle sale in 2018, according to J.D. Power — AUL now gives dealers nationwide a “one-stop shop” for all their F&I needs.
“Some of our largest agents and dealers have been asking us for years to expand our F&I offerings beyond VSCs, but we have always remained true to our long-time commitment of providing the best vehicle service contracts, with the best coverage, and the best customer service,” Atkinson said. “After nearly 30 years of delivering the very best VSC options, this singular focus has served us extremely well. But with our steady growth and a recently launched underwriting system which allows us to be more nimble and efficient, we are perfectly positioned to bring additional offerings, and more profit potential to our customers. The timing is just right.”
AUL’s new lineup includes GAP, theft, prepaid maintenance, key and fob replacement with roadside assistance, and protection products for scratch, interior and exterior, windshield, tire-and-wheel, and paintless dent repair. GAP coverage extends up to 84 months and up to 150% of MSRP/NADA value, according to the announcement.