Tag: auto finance
How lenders can more effectively guide F&I customers in a digital...
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...
Analysts makes cautiously optimistic prediction for Q1 auto sales
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...
Is there room for fixed F&I pricing at your dealership?
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...
myKaarma brings dealers relief from credit card fees and complexity with...
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,...
APCO Holdings, LLC, acquires National Auto Care, creating nationwide F&I force
NORCROSS, Ga.—January 3, 2023— APCO Holdings, LLC, a leading provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty...
CU’s share of auto lending increasing — How to compete in...
“I have my loan already handled with my credit union.” There is not an F&I Manager on the planet that enjoys hearing that from...
Small changes in F&I questions can yield big results
To sell anything to anyone, regardless of the product or industry, it’s important to master one thing: asking the right questions. In the dealership...
More car buyers are signing up to pay $1,000+ a month...
Research shows that many car buyers are taking home monthly loan payments of $1,000 or more.
According to Edmunds, 14.3% of buyers who financed a...
How to leverage digital transformation to improve auto financing processes —...
The auto retail industry is undergoing unprecedented digital transformation and technological innovation. More than ever, customers looking to buy a new or used car...
New Jersey dealer Tom Maoli on inflation, EVs, interest rates, and...
Welcome to another edition of Inside Automotive with Jim Fitzpatrick. Today, we're pleased to welcome back Tom Maoli, President and CEO of Celebrity Motor...