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NAC: Industry Trends Drove Service Contract Refresh

Vehicles and transportation options are changing, National Auto Care executives say, and F&I products must evolve to keep up.

July 1, 2019
NAC: Industry Trends Drove Service Contract Refresh

National Auto Care executives say updates and enhancements to its product lineup were driven by changes to the F&I market.

Photo by freestocks-photos via Pixabay

2 min to read


PONTE VEDRA BEACH, Fla. — Coverage for electric vehicles, high-tech parts, and rideshare vehicles are among the enhancements that agents, dealers, and drivers can expect from the refreshed core vehicle service contract program from National Auto Care, the company announced.

Relaunched this year with key new features and benefits, NAC’s core service contract offers the most comprehensive and competitive coverage in the F&I market, according to the company’s own competitive data analysis. The product refresh was driven by trends, executives said, including the growing popularity of ridesharing and hybrid and electric vehicles, many equipped with expensive-to-repair “smart” parts.

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“National Auto Care celebrates 35 years in the industry this year, so it was only fitting that we would make important updates to our flagship product — our vehicle service contract — to make it an unbeatable coverage option,” said Tony Wanderon, president and CEO of NAC. “I’m pleased that the changes we made will exceed the needs of consumers who need outstanding protection as vehicle prices and parts and labor costs continue to rise.”

In addition to the core service contract refresh, NAC added two other service agreements — a high-tech service contract and the “Pinnacle+6 Service Agreement” aimed at leasing consumers.

“We always listen to the needs of our partners when developing products to bring to market, and with our refreshed core service contract and other additions, we absolutely hit the mark,” said Vice President of Sales and Client Relations Courtney Wanderon. “Our products will provide much-needed coverage for vehicles with expensive and complex features and to consumers who are increasingly more interested in leasing.”

Originally posted on F&I and Showroom

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