GWC Warranty & Southern Auto Finance Align to Push Vehicle Service Contracts, GAP Program
WILKES-BARRE, Pa. — GWC Warranty Corp. and Southern Auto Finance Co. formed a vehicle service contract strategic alliance this week.
The companies indicated the alliance means SAFCo now offers through its dealers the GWC vehicle service contract and GAP program. Officials believe the relationship can provide store managers more tools for profitability and loan customers with peace of mind when purchasing pre-owned vehicles.
In today's economic climate, the companies insist consumers are choosing to purchase pre-owned vehicles and managing their budget closely. Officials from SAFCo think they're helping buyers with flexible financing options. GWC executives contend they're protecting buyers against the financial challenges of unpredictable mechanical breakdowns.
Both operations emphasize satisfied consumers return to dealers for their next purchase and servicing and performing vehicles lead to better performing loans.
"GWC is known for their commitment to automobile dealers and protecting auto purchasers and lenders, which aligns perfectly with our strategic vision for expansion," explained Brian Switalski, president of SAFCo.
"Our partnership will help SAFCo expand our dealer base as we plan to open 12 states over the next 12 months," Switalski continued.
Chris Barry, GWC's vice president of marketing, added, "We are excited to partner with Southern Auto Finance.
"Through our strategic alliance, SAFCo and GWC are well positioned to better serve our dealer partners and provide car buyers with peace of mind," Barry concluded.