AUL Corp. Launches New VSC Covering Complex Automotive Technology Systems
‘AUL-Tech’ gives drivers peace of mind when it comes to the costly technologies in their vehicles.
‘AUL-Tech’ gives drivers peace of mind when it comes to the costly technologies in their vehicles.
NAPA, Calif. – AUL Corp., one of the nation’s leading automotive finance and insurance (F&I) providers, today launched a new vehicle service contract product covering the increasingly complex technology systems found in today’s vehicles, announced Jason Garner, AUL’s Senior Vice President of Product Development. Aptly named ‘AUL-Tech’, this new vehicle service contract provides comprehensive coverage for a vehicle’s technology systems, including intelligent cruise control, lane departure warning, navigation, display screens, Bluetooth, audio systems and more. Being focused solely on technology, AUL-Tech is also affordable, providing dealers with a cost-effective policy delivering more safety and convenience to their car buyers.
We wanted to give dealers another cost-conscious arrow for their sales quiver, while giving car buyers the peace of mind knowing the expensive technologies in their vehicle are covered.
Auto manufacturers provide particularly long powertrain warranties, especially so with electronic and hybrid vehicles, leaving opportunities for F&I providers such as AUL to cover items and systems that are equally costly to repair. According to Jason Garner, AUL’s SVP of Strategic Product Development, “Complex technology systems are no longer found in just the luxury makes and models. Today, you can find these systems in used vehicles across the pricing spectrum, and with AUL-Tech we’ve developed a best-of-breed solution that covers more makes and models, and older and increased mileage vehicles than any other provider.”
Comprehensive AUL-TECH Coverage
- Touch/Display Screens
- Adaptive Lighting Control System
- Accessory Power Point Connection Systems
- Factory Installed OEM Audio System
- Blind Spot Detection System
- Bluetooth System
- DVD Player System
- Forward, Backup, and 360˚ Camera System
- Home Link System
- Intelligent Cruise Control System
- Lane Departure Warning System
- Navigation System
- Parking Assist System
- Tire Pressure Monitoring System (TPMS)
- Video and Gaming System
- WiFi Data Connection System
Providing coverage for this comprehensive list of technologies, AUL-Tech can deliver benefits up to $25,000.* “With AUL-Tech, we wanted to give dealers another cost-conscious arrow for their sales quiver, while giving car buyers the peace of mind knowing the expensive technologies in their vehicle are covered,” Garner added.AUL Tech is available for traditional vehicles up to 6 years old with less than 60,000 miles, including most makes and models in production. The new policies offer 24 to 84-month terms, with no mileage limitations and include 24/7 roadside assistance featuring towing, flat tire changes, emergency gas delivery and more. For more information, visit us at https://aulcorp.com/aul-tech.
*Cost based on national averages
Originally posted on F&I and Showroom
More Dealer Ops
Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
Read More →
Dealer Debrief: Defection Data & EV Updates
In this week's debrief, host Lauren Lawrence discusses how to use defection data to your advantage and the latest on EV sales and charging infrastructure.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Dealer Debrief: Where are you losing customers?
In this week's debrief, host Lauren Lawrence discusses the hidden leaks in dealerships where you might be losing customers without even realizing it.
Read More →
Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
What Market Timing Mistakes Mean for Your Reinsurance Program
When volatility hits, dealer-owned reinsurance programs face a familiar temptation: pull back and wait for calmer waters. New data from BOK Financial shows why that instinct can quietly cost you years of surplus growth.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →