
Gitty Up on GAP
The foundational finance-and-insurance product hasn’t kept up with the latest conditions for auto dealers. Is the time ripe?
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The foundational finance-and-insurance product hasn’t kept up with the latest conditions for auto dealers. Is the time ripe?
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Of those trading, percent with negative equity Impact on refinance, re-lease Average rollover
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Time spent in dealership Time spent in F&I Minutes F&I customer acceptance rates F&I contributions to dealershp profits Average dollars per transaction Top 20 U.S. Auto lenders 2007 outstanding funds Average interest rate on new originations Service contract penetration rates Distribution of contracts booked by credit score Average processing time for applications
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Time spent in dealership Time spent in F&I Minutes F&I customer acceptance rates F&I contributions to dealershp profits Average dollars per transaction Top 20 U.S. Auto lenders 2007 outstanding funds Average interest rate on new originations Service contract penetration rates Distribution of contracts booked by credit score Average processing time for applications
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Where has the industry been? Where is it going? Find the facts, figures and trends on this site with charts identifying key elements, current and developing trends in finance, insurance, service contracts, leasing residuals and other historical trends affecting the industry.
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Get a snapshot of F&I performance for the first half of 2010, as the magazine releases results from its online reader survey.
Read More →New York-based Greenbriar Equity Group has acquired Spireon Inc. from Bertram Capital.
Read More →Dealertrack announced plans to expand its partnership with Hyundai Motor Finance and Kia Motors Finance, including a streamlined F&I process.
Read More →EasyCare’s new Rideshare suite of F&I benefits includes a vehicle service contract, GAP coverage and a customizable prepaid maintenance benefit, all tailored to meet the needs of driver entrepreneurs.
Read More →Chris Gugliotta, a former executive with Dealer.com and Lithia Motors, has joined the startup as head of strategic partnerships. He will be responsible for leveraging Driver Motors’ digital retailing tools for the industry’s largest finance sources and vehicle OEMs.
Read More →The new extended ‘bumper-to-bumper’ warranty isn’t designed to act like a dealer-offered service contract. Repairs can be completed without filing a claim and there are no deductibles. The option also is included in a vehicle’s overall price.
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