Westerville, Ohio - NAC, an administrator of vehicle programs and online business solutions, announced the August 1st launch of a new 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 eContracting and business management system, to create a completely paperless solution.

In addition to providing real-time access to rates, on-the-spot contract creation/submission, areas to save draft contracts, recall, edit, or submit in batches later, and built-in 0% contract financing, franchise and independent dealers can now also 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, NAC.

The online sales process for this program – as with NAC’s service contracts, warranties, certified and customer loyalty programs – is simple and fast. And, by enabling the display of multiple products on the same screen, it empowers F&I personnel to offer more products in less time to every customer for better sales and profits.