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Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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F&I Showroom Magazine
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SEARCHMENUSEARCHLast month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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Four days after the U.S. House passed a bill aimed at reversing a number of Dodd-Frank financial regulations and scaling back the CFPB’s authority, the Treasury Department recommended that the bureau’s powers be reduced in a report containing more than 100 suggestions for financial reform.
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F&I Express won its second consecutive Diamond award in the F&I Technology category in the 2017 Dealers’ Choice Awards.
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A survey of more than 9,000 vehicle owners found that 38% of them plan to buy used on their next purchase. That percentage grew to 53% among individuals under 40 years ago age.
Read More →The technology firm's econtracting platform has now booked 7.5 million econtracts. It also claims more than 6,000 active dealers, 36 live and in-pilot finance sources, and 12 econtracting-integrated dealership management systems.
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F&I trainer explains why building and refining a professional skillset is more important than building a solid résumé.
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Cox Automotive’s Mark O’Neil talks to the editor about MakeMyDeal’s future, digital retailing, and the fate of the F&I office.
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F&I trainer shares five proven methods for turning cash customers into F&I product buyers.
Read More →RoadVantage won the first-place Diamond award in the F&I Product category in the 2017 Dealers’ Choice Awards.
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F&I and Showroom’s Gregory Arroyo will chair the 20 Group-like event, which will close out Industry Summit 2017 on Sept. 14. This year’s theme: ‘Making F&I Great Again.’
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Reflecting the shift toward more creditworthy borrowers was the rise in average credit scores for both new- and used-vehicle loans. But the retreat from the high-risk tiers also comes during a quarter in which the average new-vehicle finance amount and monthly payment reached record highs.
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