ORLANDO, FL – MenuVantage today announced the addition of 8 premier dealership groups to its growing nationwide network of dealerships that have selected MenuVantage as an exclusive provider of best in class F&I Tools. The dealership groups include Balise Auto Group, Preston Automotive Group, Luther Auto Group, New Country Motor Car Group, Lia Auto Group, Niello Auto Group, i.g. Burton & Company, Inc. and the Executive Auto Group; a total of more than 100 new vehicle franchises in 10 states.
"The continued expansion of the number of dealerships using the MenuVantage platform is testament to the power of our software and we are proud of how well our technology is actively working in the market today,” said Phillip Battista, Co-CEO of MenuVantage. "We plan to continue growing by adding more dealerships and providers, as well as complementary products and services,” Battista added.
MenuVantage provides dealers with superior F&I tools to ensure compliance and increased per unit profit. The system offers F&I Departments the most advanced technology available on the market including electronic submission of warranty and F&I products to providers, real time service contract rating for over 50 providers, and dynamic printing of documents on regular paper.
MenuVantage has seen a strong increase in market presence and currently processes more than 70,000 deals per month for 3,000 users at automotive dealerships in over 48 states nationwide; the average deal with MenuVantage produces $903 per unit compared to $633 per unit without the system – a 30% increase in revenue.
Most recently MenuVantage was chosen by ADP as the exclusive F&I menu-selling software platform for w.e.b.Menu. ADP w.e.b.Menu offers a host of features including real-time service contract rating, electronic submission of warranty and F&I products to providers, matching payments and full disclosure worksheets.
About MenuVantage (www.menuvantage.com)
MenuVantage, based in Orlando, FLA, provides automotive dealers with best in class F&I tools to ensure compliance and increased per unit profit. The MenuVantage system offers F&I Departments the most advanced technology available on the market today to increase F&I sales. It is also capable of the electronic submission of warranty and F&I products to providers, real time service contract rating, and the dynamic printing of documents on regular paper.
Founded in 2003, MenuVantage has enjoyed tremendous growth and currently services more than 3,000 users at automotive dealerships in over 48 states nationwide, processing more than 70,000 deals per month.MenuVantage has developed a system that not only assists dealers in the F&I office, but also Providers with contract administration making the system a truly end to end business solution. Over 50 providers currently enjoy the benefits of the MenuVantage platform including CNA National Warranty Corporation, SouthwestRe, GE, API, AFAS, EasyCare and Safeguard.