|By PR Newswire||
|September 6, 2012 08:03 PM EDT||
NAPA, Calif., Sept. 6, 2012 /PRNewswire/ -- United Auto Credit (UACC), a California-based leader in non-prime auto finance, has selected AUL to be their national service contract provider. AUL, a Napa, CA based company and industry leader in the vehicle service contract business has a strong national network of agents and dealers. The combined strength of the field representation and dealer base of the two companies creates a formidable team in the non-prime space.
"Common sense thinking differentiates UACC in the automotive lender space and allows us to create intimate dealer and customer relationships. AUL fits perfectly into our approach as their market knowledge, claims expertise and outstanding reputation truly complement the UACC offering," said Jim Vagim, President and CEO of UACC.
Currently in the national roll-out phase, both AUL and UACC believe that the co-branded vehicle service contract they developed will add business to the portfolios of both companies. To date, dealer response has been strong with an unprecedented number of dealers signing up to take advantage of the service contract program.
"AUL and UACC are a perfect fit," says AUL Chief Operating Officer Jimmy Atkinson. "By working jointly to bring together the strengths of both companies, and providing terrific products, we add value to both company's dealers and their customers."
As the two companies worked together during the six month pilot program, it became increasingly evident how well the teams clicked and the programs that were developed fit both companies business model. Additionally, integration of the technology used by both companies was a key advantage and is helping to provide a seamless launch to all United Auto Credit dealers.
"AUL has shown the expertise in the vehicle service contract industry and proven that they have the technology and team to be an enthusiastic partner with UACC," said Jim Vagim, "By teaming with AUL we offer our dealers a seamless solution to provide their customers with protection that complements the UACC loans."
About AUL Corp.
AUL Corp. founded the national used car service contract industry in 1990, with its still famous Any Year, Any Mileage® Vehicle Service Contract. AUL continues leading its industry and is the only provider of its type authorized to conduct business in all 50 States, as well as some Caribbean locations. AUL enjoys a long relationship with its underwriters who hold an A.M. Best rating of "A" Excellent. AUL Corp. also enjoys the longest term relationships in the industry with its agent and dealer clients, verified by independent third party research. AUL's mission is to be the premier service contract administrator in America, by any quantifiable measurement of business activity. To find out more, please visit www.aulcorp.com.
About United Auto Credit
United Auto Credit was established in 1996 as a primarily non-prime auto lender with the goal of providing the auto industry with an unparalleled level of service. Utilizing a field sales model, UACC provides a personal touch and provides quick responses to our dealer needs. Our innovative "Common Sense Override" lending program enables us to operate with more experience and better technology than ever before while living our corporate vision to "Provide excellent service to Dealers and Customers through common sense lending. For more information, please visit www.unitedautocredit.net.
SOURCE AUL Corp.