NAE Announces Major Expansion Plans
STRONGSVILLE, Ohio — National Automotive Experts has purchased a new building and is planning to greatly expand its offices later this year, RV Daily Report has learned.
The company that offers the RV Warranty Forever program, as well as several other products, including ancillary and service contracts for the RV industry, has outgrown its 24,000-square-foot office and will move into a 56,000-square-foot building. NAE will occupy 34,000-square-feet of that space.
“This is our third location on Dow Circle,” said Kelly Price, CEO of National Automotive Experts. “Ironically we started in a little 7,500-square-foot office directly across from the building we purchased.”
The building was acquired for $4.2 million and will require $1.5 million in renovations and code upgrades.
Cuyahoga County Executive Ed FitzGerald approved a $1.5 million loan from Cuyahoga County’s Western Reserve Fund to assist NAE with the purchase.
“National Automotive Experts has called Northeast Ohio home since its founding in 1996, and we are delighted that this Western Reserve Fund loan will enable them to continue growing jobs here for years to come,” said FitzGerald. “We will continue building on this record of success, and use the largest countywide economic development fund in Ohio to support good-paying jobs for middle class families.”
NAE, which sells and administers service contracts and warranties to dealerships for autos, motorcycles, and RVs, plans to create 43 new jobs in the next few years after the expansion.
The company currently employs 95 people to personally welcome new customers into their programs, administer claims and work with agents around the nation who represent NAE products.
“We are really excited to move into this building because we have been bursting at the seams for quite some time in our current facility,” said Price. “It has been hard for us to keep up with the demand for RV Warranty Forever and our other product lines.
“The expansion will enable us to better serve our customers for many years to come,” she added.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →