NAC Rolls Out GAP Waiver Program
The program, set to launch Aug. 1, offers multiple MSRP limit selections, includes private passenger commercial utilization, flex buy and more. The new product has also been incorporated into NAC ExpressLane.
WESTERVILLE, Ohio — On August 1, NAC, an administrator of vehicle programs and online solutions, will launch a comprehensive GAP waiver program for franchise and independent dealers.
NAC’s GAP waiver program offers multiple MSRP limit selections, includes private passenger commercial utilization, flex buy and more, and has been incorporated into NAC ExpressLane, the company’s proprietary online e-contracting and business management system.
Now, in addition to providing real-time access to rates, on-the-spot contract creation and submission, areas to save draft contracts, recall, edit, or submit in batches later, and built-in zero percent contract financing, franchise and independent dealers can now offer comprehensive GAP products.
“NAC is one of the few companies to have such strong technology solutions in this market. So when we made the decision to create a GAP Waiver program, it was key to not only launch with an exceptional quality product, but to also ensure it could be sold and fulfilled easily through NAC ExpressLane,” said Paul Leary, executive vice president of NAC.
By enabling the display of multiple products on the same screen, the online sales process for this program — as with NAC’s service contracts, warranties, certified and customer loyalty programs — is simple and fast, helping F&I personnel to offer more products in less time to every customer, according to the company.
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