Your customers need someone to educate them on the differences between GAP products. Here are four things you can convey to your customer to help educate them on product differences.
Industry Summit’s executive panel convened to discuss and debate the effects of Hurricane Harvey, the status of the used-car and subprime markets, the GM mandate, and the digitization of the F&I process.
GAP rates are on the rise. Insiders say dealers should welcome the increases, adding that the performance of this core F&I product points to a severe slowdown in the next 24 months.
The new law mirrors the model act developed by the Guaranteed Asset Protection Alliance and clarifies how the product may be offered in the state. But the law contains restrictions on when the protection can be sold.
Family First Dealer Services is now offering a four-tier 4T GAP program that touts a 73- to 76-month term band.
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