Tag Archive | "F&I"

ADG EasyCare Adds Yelverton to F&I Specialist Roster

NORCROSS, Ga. — ADG EasyCare announced that Richard Yelverton has been hired as an F&I specialist. He is based in Northern Virginia and tasked with supporting EasyCare’s dealer clients by providing in-dealership F&I training and consulting and sitting in for F&I professionals.

“As our operation grows and our F&I development program evolves, we are adding to our ranks with professional, dynamic recruits, and Richard fits that description perfectly,” said Greg English, president of ADG EasyCare. “We expect our company and our clients to benefit from his work in the retail environment.”

Yelverton is a 10-year veteran of the automotive industry, having risen through the ranks at Enterprise Rent-A-Car, where he ultimately served as branch manager for the company’s prominent, high-volume Walt Disney World branch in Orlando, Fla. He also served in a leadership position with pharmaceutical giant Eli Lilly and Co. prior to joining ADG EasyCare.

“I did my research and I know they wanted to bring on the right person,” Yelverton said. “They want people who have management and sales experience to be trained properly and to continue to train others, and I’m excited to join a company that puts so much focus on ongoing learning. From being encouraged to ‘read an article a day’ to the collaboration with my peers, I’ll be learning something new every day.”

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StoneEagle Welcomes New CEO

DALLAS — StoneEagle announced the appointment of Cindy Allen as the company’s new CEO. Cindy will be responsible for driving the company, and innovative F&I solutions, to the next level, building on the momentum achieved by the StoneEagle team under Bobby Allen’s leadership, according to the announcement.

Since founding the company in 1987 and devoting 30 years to its management, development and growth, Bobby Allen will retain his position as chairman and focus on identifying and developing new and unique opportunities.

Brent Allen, one of StoneEagle’s founders and its long-standing COO, will offer Cindy the very best counsel and knowledge available as she drives the company forward by lending his leadership, management skills, and extensive industry relationships, and experience. Brent will maintain an active role in day to day activities of StoneEagle as its managing partner, the announcement said.

Cindy Allen brings experience in establishing new ventures, leading organizations and stimulating growth, as well as a mix of leadership, excitement, marketing expertise, technical abilities and a passion for customer experience and business growth.

Before returning to StoneEagle, Cindy served as CMO for American Express Global Business Travel, as well as CEO at GDSX Ltd., until such time it was acquired by Concur. While in the role of vice president at Concur, Cindy helped launch a new division servicing and partnering with travel management companies worldwide.

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RoadVantage Introduces Preferred LeaseCare Active Protection PLUS a Lease End Benefit

AUSTIN – RoadVantage introduces a powerful and innovative program for lease customers called Preferred LeaseCare. This new concept combines the “as you drive” benefits of RoadVantage ancillary products with an excellent lease end benefit, possibly saving the lessee thousands of dollars through the lease term.

Preferred LeaseCare offers Dent & Ding Repair with a $1000 hail deductible benefit, Windshield Repair, Interior/Exterior Repair and Key Replacement during the term of the lease — all with no aggregate limits. This program adds an additional Lease End Benefit of up to $2,000 with no single event limit, covering items for excess wear such as worn tires & wheels, exterior scuffs, bumpers, missing parts and much more.

“We believe this product is a game changer for lease customers because this program allows a consumer to keep their vehicle in the great condition they desire while they drive and offers a great lease end benefit. Innovation is the engine of our success and offering a ‘Better Customer Experience’ is our passion. As the fastest growing provider of F&I programs, this new offering is just another example of ‘how and why’” said Garret Lacour, CEO of RoadVantage. Preferred LeaseCare is now offered to agents and dealers in most states across the country. Learn more about it at www.roadvantage.com

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GWC Warranty Adopts Local Classroom

WILKES-BARRE, Penn. – GWC Warranty, the best-in-class provider of used vehicle service contracts and related finance and insurance products sold through automotive dealers, recently adopted the 6th grade classroom of Colleen Franchi at Wilkes-Barre’s Dodson Elementary School.
In adopting Mrs. Franchi’s class, GWC employees banded together to make monetary donations and collect school supplies for the class of 56 students. GWC Warranty also provided a 100% match of employees’ donations.
All the donations combined to meet Mrs. Franchi’s goal of supplying her class of many underprivileged children with the notebooks, folders, pencils, backpacks and more that they will need throughout the school year.
Pictured in the attached photo (from L to R): James Geiger, principal, Dodson Elementary School; Colleen Franchi, 6th grade teacher, Dodson elementary; Kelli Vinciarelli, executive assistant, GWC Warranty; and Sarah Lanning, business processor, GWC Warranty.

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GWC Warranty Introduces Major Product Enhancements For Agents And Their Dealers

WILKES-BARRE, Penn. – GWC Warranty, the best-in-class provider of used vehicle service contracts and related finance and insurance products sold through automotive dealers, has introduced enhancements to its existing product suite as well as three exciting new offerings. All are designed to provide agents more chances than ever before to be more valuable to their dealers by turning high-mileage inventory into high-profit opportunities.

“We are always looking for ways to improve the products we provide our agents and their dealers, and after gathering their feedback and analyzing the market, we feel we have enhanced our offering to provide them supreme value,” said Mike Melby, GWC Warranty Vice President of Strategy and Business Development. “At GWC, our promise to agents is to help them become more valuable to their dealers by turning high-mileage inventory into high-profit opportunities. We feel these new and improved products achieve just that.”

Enhancing GWC Warranty’s primary service contract offering are several upgrades to expand eligibility, beginning with inclusion of vehicles dating back 20 model years. GWC will also provide coverage for commercial use vehicles as well as additional makes like Alfa Romeo, Land Rover, Porsche and Smart Cars. The coverage expansion also includes popular models such as Audi A8, Volkswagen Phaeton and more. GWC’s primary service contract products also now include coverage on select hybrid components and an optional Advanced Technology Package that covers factory-installed back-up cameras, blind spot sensors, lane departure warning systems, voice-activated commands and more.

Several new enhancements aimed at preserving CSI are also now available to agents and their dealers. Agents and their dealers now have new, longer term options of five years, 60,000 miles for used vehicles and six years, 125,000 miles for near-new vehicles still under basic factory warranty. These longer terms will help dealers better protect customers throughout their entire ownership experience. New benefits such as enhancements to roadside assistance, rental car reimbursement and trip interruption benefits are available on all plans, including Powertrain, to offer a superior customer experience and help protect dealers’ reputations.

In addition to improving its existing product suite, GWC also introduced three new products for high-mileage customers.

First is a Certified Pre-Owned Program that offers a limited warranty and corresponding marketing program to help dealers expand the benefits of CPO to higher-mileage inventory that falls out of their factory CPO programs. Terms of 90 and 180 days are available on vehicles with up to 200,000 starting miles dating back up to 20 model years. All Certified limited warranties also come with roadside assistance and reimbursement for rental cars and travel and lodging.

Also new to the GWC product suite is a five-year, 100,000-mile Limited Powertrain product, which provides dealers the opportunity to profit from a VSC sale on deals with limited financing. Unlike similar products in the marketplace, GWC’s Limited Powertrain product does not have a waiting period. Coverage is available on vehicles with up to 150,000 starting miles dating back 15 model years, including many highline vehicles. Roadside assistance and rental car reimbursement are also included with the Limited Powertrain product.

The third new member of the GWC product offering is a Service Lane Program. This new product brings high-mileage service contract sales opportunities to dealers’ service departments with coverage options on vehicles with up to 200,000 miles dating back 20 model years. Terms of 12, 24, 36 and 48 months are available on GWC’s Premier and Ultra coverage levels. No inspection is required with GWC’s Service Lane offering, and coverage includes full roadside assistance, rental car reimbursement and trip interruption benefits.

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Warranty Solutions and the Arbor Day Foundation Celebrate the Planting of More Than 1.7 Million Trees

Lakewood, Colo.– Warranty Solutions through its partnership with the Arbor Day Foundation is pleased to announce that together we have planted more than 1.7 million trees in our nations forest. The partnership between the two entities began in 2009 to help improve air quality, water quality, mitigate the effects of climate change, combat deforestation and prevent species loss. To-date, the number of trees planted would offset the emissions of approximately 5,856 cars for one year.

In 2009, Warranty Solutions launched the eco-friendly EcoMind product option, providing additional mechanical breakdown coverage for the parts that help vehicles run more efficiently, burn fuel more cleanly and reduce overall emission output. Throughout the last nine years of Warranty Solutions’ partnership with the Arbor Day Foundation, on average, 25 trees were planted for each EcoMind product option purchased.

Agent Partner, Cary Berman, said “Most of our customers are parents and they purchase the EcoMind product option for the benefit of future generations. EcoMind helps to keep the vehicle running clean, and at the same time, we work with the Arbor Day Foundation to plant trees.”

Plantings have occurred in 18 forests nation-wide including: Big Thompson Canyon, CO, Washington Department of Natural Resources NW Region, WA, Washington Klickitat District, WA, Tillamook State Forest, OR, Idaho National Forest, ID, Modoc National Forest, CA, Plumas National Forest, CA, Pike National Forest, CO, Black Forest, CO, Upper Altamaha River Watershed, GA, Bayfield County Forrest, WI, Pere Marquette State Forest, MI, Michigan State Forest, MI, Manchester State Forest, SC, Little River State Forest, AL, Cary State Forest, FL, Bastrop State Park, TX and the Mississippi Alluvial Valley, MS.

“We are grateful for the stewardship of our nation’s forests by Warranty Solutions and the example they set,” said Dan Lambe, President, the Arbor Day Foundation. “Because of their commitment forests and the lives they impact have been changed for the better across our great nation.”

Founded in 1972, the Arbor Day Foundation has grown to become the largest nonprofit membership organization dedicated to planting trees, with more than one million members, supporters, and valued partners. Their vision is to help others understand and use trees as a solution to many of the global issues we face today, including air quality, water quality, climate change, deforestation, poverty and hunger.

As one of the world’s largest operating conservation foundations, the Arbor Day Foundation, through its members, partners like Warranty Solutions, and programs, educates and engages stakeholders and communities across the globe to involve themselves in its mission of planting, nurturing and celebrating trees. More information is available at arborday.org.

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