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National Auto Finance Co. offers VacationMiles as reward for participating dealers.


BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(AutomotiveWire)--May 22, 1997--National Auto Finance Co. Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:NAFI NAFI National Association of Flight Instructors
NAFI North American Family Institute (juvenile corrections)
NAFI Navy - Air Force Interface (for Electronic Document Access) 
) has announced the introduction of two VacationMiles programs to reward their participating dealers.

NAFI is a consumer finance company that purchases, securitizes and services car loans originated by manufacturer-franchised automobile dealers nationwide for non-prime customers. Their Auto Credit Clearinghouse division (ACCH ACCH Association for the Care of Children's Health
ACCH Associated Control Channel
ACCH American Car Club Hungary
ACCH Albuquerque Christian Children's Home (Albuquerque, NM)
ACCH Air Cooled Chiller (HVAC) 
) establishes relationships with banks and other lending institutions that refer automobile dealers back to ACCH.

The two programs, NAFIMiles and ACCHMiles, will offer a variety of travel reward options including frequent flyer frequent flyer Hospital practice A popular term for a Pt who is regularly admitted to a particular ER or health care facility, for various reasons  miles to individual dealer principals and Finance & Insurance Managers who meet certain sales performance levels on a monthly and annual basis.

"This is a unique and fun way of recognizing loyal dealers, and a great way to add value to our program," said Stephen Stack, senior vice president sales & marketing for NAFI. "The VacationMiles program also allows us to demonstrate our appreciation and commitment to our dealers."

The VacationMiles program is marketed by Heritage Marketing & Incentives (HMI (Human Machine Interface) The user interface in a manufacturing or process control system. It provides a graphics-based visualization of an industrial control and monitoring system.  Inc.) of Needham, Mass., and VacationMiles(r) is a registered trademark of Kendall Marketing Associates Inc., also of Needham. According to HMI Director of Marketing Terry DeArruda, the program is ideal for rewarding NAFI's dealer partners. "The VacationMiles program clearly gives NAFI a competitive advantage over other reward systems," said DeArruda. "Travel is a highly desired reward, and this program has proven to be a sensational motivator for its participants."

Among the vacation packages that program participants can take advantage of are flights on most major airlines, rooms in most major hotel chains, cruises, and sports packages including trips to the World Series, the NCAA NCAA
abbr.
National Collegiate Athletic Association
 finals or the Super Bowl.

For more information on National Auto Finance Co., please call Roy E. Tipton, president, at 800/999-7535 or Keith Stein, vice chairman at 800/533-8573.

CONTACT: Communications Group

Larry Getlen, 561/392-2300
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 22, 1997
Words:305
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