agent Entrepreneur logo
MenuMENU
SearchSEARCH

RoadVantage Recognizes Third Year of Accelerated Growth With 200-Percent Increase in Sales Volume and Rapid Team Expansion

April 23, 2014
2 min to read


Austin, Texas - RoadVantage, today recognized a third year of impressive growth with a 200-percent increase in sales volume, 126-percent increase in dealerships served and a 70-percent staff increase in the last 12 months.


In addition, RoadVantage continued to expand its F&I product line by being the first provider to announce extended terms on its entire suite of products, as well as the first multiple bundle options program, which offers three packages bundled on a single form.

Ad Loading...


“There’s a passionate energy at RoadVantage that comes through in the company’s commitment to innovation and service, with dramatic results,” said Mike Steen, a 20-year industry veteran who recently joined RoadVantage’s sales team as a regional vice president. “I’m excited to be part of the momentum as it continues to build.”


While RoadVantage enjoyed a third year of accelerated growth, the company also maintained excellent customer service levels above 95 percent in its state-of-the-art claims and contact service center, with 99 percent of claims approved within 10 minutes of receipt of a new claim and payment made within two hours of receiving signed customer invoices.


“We built RoadVantage with scalability in mind, so we are fully prepared for the rapid expansion we’re experiencing,” said Garret Lacour, CEO and founder of RoadVantage. “Alongside our complete suite of F&I products, we are dedicated to ensuring we offer the best service and customer experience possible.”


“RoadVantage’s founder Garret Lacour is a true innovator in the F&I industry, consistently raising the bar,” said Michael Scotty, who joined RoadVantage as vice president of operations this month with more than 20 years of management experience. “Garret has a vision for RoadVantage and for F&I, and I’m pleased to help implement that vision as we continue to grow.”

More Industry

Photo of two men in suit jackets shaking hands next to new car inside of a dealership
IndustryApril 23, 2026

A New Consumer Culture in the Auto Dealership

Dealers should aim to build a positive work environment, helping employees execute an efficient experience, from their online research to the final delivery of the vehicle.

Read More →
Closeup of the side of an Audi car
Industryby Hannah MitchellApril 23, 2026

New-Vehicle Sales Down

A cloudy April forecast was expected due to last April’s sales surge in anticipation of U.S. trade tariff-inflated prices. Meanwhile, automakers pumped up incentives to address today’s consumer wallet woes.

Read More →
Photo of Cadillac Lyriq SUV on road with partly cloudy sky in background
Industryby Hannah MitchellApril 16, 2026

Used Autos Selling for More

A recent price spike due to several larger market forces, though it hasn’t dulled demand, is pushing more consumers to efficient models to squeeze in buys.

Read More →
Ad Loading...
Photo of facade of Waldorf Toyota car dealership
Industryby Hannah MitchellApril 16, 2026

Maryland Auto Group Sells

A group out West picked up the major D.C.-area collection, putting it in the upper tiers of private automotive groups in the U.S.

Read More →
Line graphic showing Cox Automotive's March Credit Availability Index status
Industryby Hannah MitchellApril 13, 2026

Auto Lending Opens Up in March

Lenders loosened access for subprime borrowers, and consumers with negative equity reached a record high, Cox Automotive reported.

Read More →
electric vehicle next to an urban charging station. EV Demand Diverges. F&I and Showroom logo
Industryby Lauren LawrenceApril 10, 2026

EV Interest Varies Regionally

U.S. consumer interest in electric vehicles lags behind other countries despite the rising gas prices caused by the ongoing war in the Middle East.

Read More →
Ad Loading...
Photo of the rear of a Mercedes GLC 400 electric SUV with a skyline in the background
Industryby Hannah MitchellApril 10, 2026

Brands Weighed on Projected Recalls

Research reveals the brands and models most likely to have higher recall rates over their lifetimes. While some brands rank high, addressing safety issues can be a selling point.

Read More →
Photo of white 2026 Ford Bronco on a sandy beach
Industryby Hannah MitchellApril 10, 2026

March New-Vehicle Sales Don’t Reflect War

Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.

Read More →
Photo of several cars on lifts in a service center
Industryby Hannah MitchellApril 9, 2026

Franchised Dealers Stand to Gain Service Business

Cox Automotive research shows both the opportunities and the challenges in turning consumers’ growing affordability needs into increased fixed-operations revenue.

Read More →
Ad Loading...
Photo of office desk with open laptop on it and an empty chair next to it
IndustryApril 9, 2026

What Matters Most in Building Your Agency

The partner you choose for growth and expansion is key, because better is the ultimate goal instead of growth for growth’s sake.

Read More →