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F&I

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Articles

Curb The Confusion

Talk to F&I customers like you’d talk to a friend, without industry lingo or sales-like questions, and use hard proof to show, not tell, them about a need.

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Newsby Gregory ArroyoOctober 11, 2017

Ally Takes Control of GAP Refunds

The finance source’s new policy took effect days before new allegations surfaced that Wells Fargo failed to deliver GAP refunds to borrowers. It states that Ally — not dealers — will directly refund the unearned portion of GAP waivers and insurance to borrowers within 45 days of the paid-in-full date.

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ArticlesOctober 10, 2017

There Is Power in Alliances

Top trainer lists four ways to build an interdepartmental culture that rewards customers while maximizing the opportunity for F&I product sales.

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NewsOctober 6, 2017

DealerStrong Releases 2017 Special Finance Benchmark Report

Developed in partnership with ProMax Unlimited, DealerStrong’s 2017 Special Finance Benchmark Report includes metrics derived from more than 300,000 new- and used-car dealership transactions.

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Newsby Gregory ArroyoOctober 5, 2017

CFPB Finalizes Small-Dollar Lending Rule

In announcing the rule, the bureau used wording the American Financial Services Association said makes an important distinction between traditional installment lending and payday and title lending.

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NewsOctober 5, 2017

US Equity Advantage Adds Four Markets

US Equity Advantage has expanded into Mississippi, New York, Tennessee and Washington, D.C., growing its territory to a total of 37 states.

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NewsOctober 4, 2017

Alpha Warranty Celebrates 15th Anniversary

Over the past 15 years, the F&I product provider has earned multiple industry awards and distinctions for the service it provides to customers, agents, and dealers alike. It was recently acknowledged as the 11th fastest growing business in Utah.

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NewsOctober 4, 2017

Jaguar Land Rover Honors Winners of Marque of Distinction Award

Jaguar Land Rover North America LLC announced the 14 winners of its 2016/17 Marque of Distinction awards, which are the highest individual retail employee honor within the company's Journey to Excellence retailer reward and recognition program.

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ArticlesOctober 4, 2017

Create the Best Reward System for Your Team

Rebuild your dealership's employee-recognition program by offering tangible, personally valuable rewards for a job well done.

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NewsOctober 4, 2017

Wes Lutz Elected 2018 NADA Chairman

Michigan auto dealer Wes Lutz has been elected as the National Automobile Dealers Association’s chairman for the 2018 term, for which Texas dealer Charlie Gilchrist will serve as vice chair.

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NewsOctober 4, 2017

Diamondbrite N.A. Now Approved Provider on Universal Lenders' The Zero Plan

The partnership will allow dealers to provide customers who purchase Diamondbrite N.A. products, which include lifetime warranted paint, fabric, wheel, and leather protection, with premium financing through The Zero Plan.

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