Tag Archives: service

With profitability scarce, many automakers are steering away from their vehicle subscription experiments. Yet, Porsche is doubling down on its 3-year-old program. And it’s doing so in the maw of a health crisis that has many Americans wary of sharing vehicles. Porsche is now making its vehicle subscription service more …

After a three-month pilot program, F&I product provider EFG Cos. is debuting its first mileage service contract to knit coverage more closely to customers’ driving habits. Complex underwriting strategies delayed the launch of the product, which EFG believes may be the first of its kind. The product, called the Motorist …

Advertiser Disclosure Many companies sell vehicle extended warranties. Each provider typically offers several plans that cover an assortment of repairs and that have different costs and deductibles. We’ve reviewed numerous extended warranty companies. We compared their plans, prices, customer reviews, and other factors to figure out which are the best …

AUL Corp., one of the nation’s leading finance and insurance product providers, plans to grow market share this year by automating processes to relieve underwriting tasks from employees and bolstering its customer service efforts. Both changes reflect a growing trend of F&I companies to undertake consumer-facing initiatives. Jose Fleites, COO …

Service contract administrators are hard at work on F&I products geared specifically to electric vehicles ahead of a big expansion in the number of EVs on the market. In some ways, that’s complicated. In other ways, not so much. The relatively easy part is that EV buyers want many of …

Nissan is launching a test program of its subscription service, Nissan Switch, in Houston. The service has two tiers and starts at $ 699 a month. It allows subscribers to switch cars every day and covers insurance and scheduled-maintenance costs. The subscription service is something other manufacturers have been launching …

Advertiser Disclosure When you buy a new car, you’re typically covered against mechanical breakdowns under the manufacturer’s warranty for a few years. However, most vehicle owners keep their cars long after the manufacturer’s warranty expires, meaning they eventually need to start footing their own repair bills if something goes wrong. …