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F&I transparency

The time is now for F&I transparency

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Even before the pandemic, the auto industry was undergoing a transformation. Operations like CarMax and Carvana were delivering "no surprise" experiences to customers, while Tesla sought to skip...
Automotive industry experts at Experian have reported a leveling off of new car cash deals but a rise for used car transactions.

More cash deals than ever in ’23—How to turn a negative...

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‘I can’t wait to take the next cash deal!’ said no F&I manager EVER. Most see them as a ‘dead’ deal where there is little...
Car buyers who no longer commute to an office seem to be spending more both on the price of a vehicle and the F&I products to protect it.

Are car buyers who work-from-home making F&I sales easier?

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For the last few years since the start of the pandemic, companies have been more open to the idea of working from home to...
Ready to learn more? Here are 5 complexities that dealers like you run into when beginning or scaling up their out-of-state sales.

Remove risk from out-of-state sales and make money faster

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Out-of-state auto sales give dealerships a great revenue stream – but if you don’t manage them correctly, they can also make you pace up...
Melinda Zabritski joins CBT Now Experian has released new data showing that the average loan amount for both new and used vehicles has decreased in the third quarter.

Why some car buyers are choosing shorter auto loan terms —...

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Experian's State of the Automotive Finance Market Q1 2023 has found that some new vehicle shoppers opted for shorter auto loan terms in the...
In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening.

Debt ceiling vote: default avoided but uncertainty remains

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In a last-minute vote to prevent a devastating national default, the Senate approved a bill suspending the debt ceiling on Thursday evening. Having now cleared...
auto financing

How lenders can more effectively guide F&I customers in a digital...

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Today's car customers have more control over the auto financing process than ever before, but many are still struggling to navigate the post-pandemic car...
Cox Auto prediction

Analysts makes cautiously optimistic prediction for Q1 auto sales

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According to Cox Automotive's first quarter sales forecast, the U.S. car market has performed better than analysts expected at the end of last year. Cox...
fixed price F&I

Is there room for fixed F&I pricing at your dealership?

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Who likes to haggle? No one. But in F&I this has been seen as not only expected but customary for decades. No two buyers...
How can car dealers capture more credit card fees?

myKaarma brings dealers relief from credit card fees and complexity with...

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Faced with ever-present and constantly rising credit card processing fees, automotive retailers can now leverage a new payment and surcharge feature developed by myKaarma,...