First Extended Reports Consecutive Record-Breaking Months
First Extended Service Corp. in Dallas, Texas has announced consecutive record-breaking months for contract volume.
"July was an all-time high, and August will far surpass that," said Stephen Amos, executive vice president of sales and marketing at First Extended.
According to Amos, these record-breaking months are due to an influx of new accounts, both large and small. "Our growth in new accounts is based on the continued acceptance of the First Extended self-insured concept and our ability to offer unique methods for controlling losses and reserves," Amos told F&I Management and Technology.
About First Extended Service Corporation
Founded in 1974, First Extended Service Corp. is an administrator of extended service contract products and services for more than 1,700 automobile dealers of new and pre-owned cars and trucks throughout the United States.
First Extended's service contracts are approved for financing with the cost of the vehicle by General Motors Acceptance Corp., Ford Motor Credit Corp., Chrysler Credit Corp., and major banks across the country.
Performance of First Extended's service contracts is underwritten by a national insurance company rated "A" Excellent by A.M. Best.
First Extended provides service to more than one million vehicle owners.
For more information, visit www.firstextended.com.
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