Tag: auto finance
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...
Experian automotive finance data underscores consumer shift to used cars —...
Experian has released its latest State of the Automotive Finance Market Report for Q2 2022, a quarterly report on the latest trends and analysis...
Average new car loan reaches record high of $40,290 in the...
The auto industry regularly encounters market reports filled with optimistic projections and doom-and-gloom forecasts, with the latter getting more attention these days. But the...
Keep it simple – time to consider a smaller F&I menu
The top complaint of most car buyers is the time it takes to make their purchase and drive off the lot. It takes too...
How to stop consumer fraud at your car dealership before it...
Welcome to another edition of Inside Automotive. Today, anchor Jim Fitzpatrick is joined by Ken Hill, Managing Director of 700Credit, and Pete MacInnis CEO...
Is virtual F&I here to stay? Probably, and here’s why
Since the start of the pandemic, car buyers and dealerships have had to navigate the steep learning curve of digital retailing to sell in...
Tackling the biggest issues facing the F&I office today with Jason...
What should your car dealership be doing in this new year to ensure profitability in the F&I department? On this episode of F&I Today,...