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Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.
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There are steps you can take to protect your dealership.
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Focusing on finer points can help F&I bear more of the weight of post-pandemic profit deflation.
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In this video, Dwayne Wiggins with the Automotive Training Academy by Assurant explores how to boost the F&I revenue stream in any deal by selling key-replacement protection.
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Making time for practice and customer behavior research is too important to let the inevitable rush of tasks get in the way.
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A software error means no backup view for some cars and SUVs.
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Certain Tundras and Lexus may contain debris that can lead to engine failure, company is working on a fix.
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Cellphones can cause interference, distorting view behind the vehicles.
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Captives’ market share surges in first quarter as many shoppers switch from used to new vehicles.
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Average age of vehicles in operation ticks up as a lingering pandemic-spurred effect.
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Finance-and-insurance vet gives straight advice on how to maximize sales efforts.
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