P&A Providers & Administrators
MenuMENU
SearchSEARCH

APC: Post-Sale VSCs Spike as Dealers Shift Gears

APC executives report significantly higher response and close rates for second-chance service contracts in March and April, when stay-at-home orders suppressed vehicle sales and F&I production.

June 29, 2020
APC: Post-Sale VSCs Spike as Dealers Shift Gears

APC executives report significantly higher response and close rates for second-chance service contracts in March and April, when stay-at-home orders suppressed vehicle sales and F&I production. 

Photo by Rido via Shutterstock

2 min to read


CHESTERFIELD, Mo.— Sales of vehicle service contracts post-sale first spiked in March and then again in April and May as auto dealers slashed marketing budgets and shifted focus to existing customers, according to new data from Automotive Product Consultants (APC).

The moment the pandemic hit, we saw response rates and close rates go up as customers were sitting at home, reading and responding to marketing from their dealers.

Ad Loading...

APC executives said sales of its second-chance service contracts improved by 64% in March, the highest year-over-year gain since the current agent-dealer program was launched in 2006. Strong sales continued with year-over-year increases of 39% in April and 31% in May.

Conversely, U.S. new vehicle sales fell by 46% in March, 50% in April and 30% in May as the nation adjusted to stay-at-home orders intended to limit the spread of the novel coronavirus, according to estimates compiled by Automotive News.

“The moment the pandemic hit, we saw response rates and close rates go up as customers were sitting at home, reading and responding to marketing from their dealers,” said APC President Kyle McEvoy. “In addition, we’ve seen F&I agents — many of whom had their windshield time taken away — now urging dealers to adopt the program to pick up incremental post-sale revenue at a time when it’s sorely needed.”

Dan Haugen, CSO of Portfolio, a longtime APC partner, said his company reminded its agent network about the program in a mid-April bulletin.

“The response was highly encouraging and we are looking forward to seeing the long-term results,” Haugen said. “The more car buyers we can protect, the better, and the current environment demands ingenuity.”

Ad Loading...

Originally posted on F&I and Showroom

More Product & Technology

Two desktop computers side by side on otherwise empty office desk
Product & TechnologySeptember 1, 2026

Integrating AI Into Your Admin System

It’s important for finance-and insurance administrators to build the technology into their existing systems instead of bolting it on.

Read More →
Can parked in line of EV chargers
Product & Technologyby Lauren LawrenceAugust 18, 2026

Public EV Charging Improves

The infrastructure buildout in the U.S. is providing more availability and safety at a better cost, according to the latest EV experience study by JD Power.

Read More →
Laptop computer open on desk with empty chair behind it
Product & Technologyby Hannah MitchellAugust 11, 2026

AI in the Dealership

A Cox Automotive poll shows most dealers use it, but only some have found the smartest ways to adapt the surging technological sensation.

Read More →
Ad Loading...
outside shot of Fletcher Jones Motorcars, white building with various cars out front

AAA Honors Service and Repair Facilities

Three automotive dealerships made AAA's Service Providers of Excellence and Best in Repair list this year.

Read More →
Photo of smiling man in a suit coat and tie
Product & Technologyby StaffJuly 14, 2026

EFG Launches Product Admin Platform

The company says the offering is designed to empower administrators, service contract providers, and product marketers to expand automotive and power-sports capabilities.

Read More →
white electric car charging at an outside port

Optimized Charging Could Reduce Costs

According to an Alliance for Automotive Innovation analysis, optimized EV charging could cut costs for drivers and improve grid infrastructure - potential adoption incentives.

Read More →
Ad Loading...
Photo of man's hands resting on a vehicle's exeterior dash with the hood open
Product & TechnologyJuly 1, 2026

From Inspection to Impact

Data, video and artificial intelligence are driving service performance today, when inspection performance is closely tied to key business outcomes.

Read More →
Woman driving car with microphone

Car Karaoke Gets Official Platform

The in-vehicle karaoke and sing-along platform by Samsung arm is meant to add traveling enjoyment safely in technology that automakers can tailor to their specific needs.

Read More →
aerial view of Kia Georgia's West Point manufacturing plant with the new solar canopy installed

Kia Embraces Clean Energy

A Kia Georgia partnership combines weather protection and renewable energy in a new solar canopy system at Kia’s West Point facility.

Read More →
Ad Loading...
Photo of Honda emblem

Honda-Sony Venture Dismantled

For nearly four years, the companies had worked toward the launch of the electric-vehicle brand’s first two models, but the shifting EV market scuttled the plans.

Read More →