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Identity theft is definitely the flavor of the day and dealers need to respond appropriately, especially when it comes to FACTA's disposal rule. The magazine goes on a myth-busting mission and debunks five myths preventing dealers from doing just that.
Read More →The amount of time it takes a dealership to complete a transaction has a huge impact on customer satisfaction. And with 25 percent of that time typically spent in the F&I office, shouldn't the industry be ready to embrace what e-contracting promises to bring. Industry expert says there are six was for a dealership to know if it's ready to make the move.
Read More →While lenders wait for dealers and dealers wait for lenders, states are moving closer to going paperless. Industry insider discusses what states are doing and how it will impact automotive dealerships.
Read More →Loan-to-values ratios and maximum advances are noticeably lower, buy rates are up, and discounts on contract purchase are spreading across even the higher tiers. Finance expert breaks down the moves lenders are making to weather today's credit crunch.
Read More →Still not convinced that creating an effective lead-conversion process will increase your closing ratio? Read on.
Read More →I was on the F&I Forum the other day when I came across a topic post titled, “A Brave New Finance World.” And I have to tell you, after reading it I had to shake my head in disgust.
Read More →Dealers have been contracting for years with marketing companies that use so-called prescreen lists to offer auto financing to qualified consumers. The Fair Credit Reporting Act (FCRA) requires that each person on such a list receive a “firm offer of credit”.
Read More →Do you know what a gambling dealer is? If not, chances are, you are one. Follow these simple steps to ensure your compliance with the latest identity theft rules and regulations.
Read More →When it comes to mailers, what constitutes a firm offer of credit?
Read More →Effective lead-generation strategies will bring customers into your dealership, but it’s the lead-conversion process that turns them into buyers.
Read More →