Articles
Line 1 Is Not a Junk Drawer
Rolling products into the cash price — even if the bank told you to — misrepresents the vehicle’s value and runs afoul of four federal laws.
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F&I Showroom Magazine
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SEARCHMENUSEARCHRolling products into the cash price — even if the bank told you to — misrepresents the vehicle’s value and runs afoul of four federal laws.
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Standing on the front lines of the government’s campaigns against terrorist activity and identity theft has put dealers in a tough spot — especially when that fight steps foot inside the dealership.
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California’s buy-here, pay-here dealers will have new requirements with which to contend come Jan. 1, but they won’t face an interest rate cap or a new licensing requirement thanks to Gov. Jerry Brown.
Read More →It’s rare that a customer requests an F&I manager by name, but Gerry Gould has found one. He goes one-on-one with this longtime F&I manager to get his secrets to capturing repeat business and turning service advisors into F&I advocates. Click on the link to find out what else they talked about.
Read More →The California state Legislature has sent three buy-here, pay-here bills to Gov. Jerry Brown’s office. He has until Sept. 30 to sign the measures into law.
Read More →A man who allegedly posed as a car dealer to obtain loans for cars he did not own was arrested last week. The scheme defrauded individuals and banks of more than $150,000.
Read More →One of three California bills aimed at adding new requirements for the state's buy-here, pay-here dealers is awaiting final approval before heading to Governor Jerry Brown's office.
Read More →United Development Systems’ Gerry Gould gets a little controversial in his newest Tip of the Week. The director of training for United Development Systems talks transparency, ethics and the different between a noncompliant and compliant presentation.
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F&I managers must decide for themselves whether the customer interview is advisable or expendable, but the magazine’s subprime insider says it’s mandatory for special finance managers.
Read More →Mark Dubois, an expert in buy-here, pay-here operations, will lead a session at the 2012 Subprime Conference on how buy-here, pay-here operators can improve collections and reduce delinquencies.
Read More →Top New England and Tennessee financial services groups join the compliance law firm.
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