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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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NewsNovember 22, 2016

MBPI Partners With F&I Express

The partnership, the company stated, will help the F&I office increase sales penetration and improve dealer and customer satisfaction by decreasing customer delivery time.

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NewsNovember 22, 2016

Car Shoppers Looking for Deep Discounts, SUV/CUVs on Cyber Monday, Survey Shows

Jumpstart Automotive surveyed approximately 2,500 consumers to gauge their interest in buying a car on Cyber Monday. According to results, 33% of men and 35% of women would be most interested in shopping for SUVs/CUVs on Cyber Monday.

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NewsNovember 18, 2016

Hyundai Offers Subscription-Based Vehicle Ownership

Hyundai will offer a subscription-based approach to vehicle ownership with its 2017 Ioniq Electric sedan that will allow customers to acquire the vehicle for a fixed monthly fee that covers all costs of ownership, Hyundai announced ahead of the Los Angeles Auto Show.

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NewsNovember 18, 2016

Stand-Alone Genesis Dealers to Arrive by 2021

Hyundai's Genesis luxury division hopes to establish stand-alone dealerships for a lineup that will include six models by 2021, according to the automaker.

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Newsby Gregory ArroyoNovember 17, 2016

Regulatory Insiders: Repeal of Dodd-Frank Possible But Unlikely

Regulatory insiders say there are two ways the Trump administration can deliver on its promise to dismantle the Dodd-Frank. But neither scenario has a high probability of success, they say.

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NewsNovember 17, 2016

RoadVantage Unveils F&I Video to Support Online F&I Strategies

According to the company, the two-minute video was developed in response to recent industry studies showing that consumers would be more willing to purchase F&I protections if they are allowed to learn about them before entering the dealership.

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NewsNovember 17, 2016

Chase Auto Finance Names New CEO

Mark O’Donovan was named CEO of Chase Auto Finance, the finance source announced today. He replaces Thasunda Duckett, who was named CEO of the finance source's consumer banking unit last month.

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NewsNovember 17, 2016

NextGear Capital Presents Fourth Annual Auction Partners Awards

NextGear Capital presented its fourth annual Auction Partners Awards Wednesday at the Red Rock Casino and Resort in Las Vegas, the site of the 2016 National Automobile Auction Association (NAAA) Convention.

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NewsNovember 16, 2016

NADAUCG: Wholesale Depreciation Remains Steady in October

October’s 3.6% decline in wholesale prices for used vehicles eight years in age was in line with the NADA Used Car Guide’s forecasted range of 3.2% to 3.7%. However, the decline was slightly more than this October than the previous three-year average decline of 3.3% for the period.

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NewsNovember 16, 2016

Kontos: Wholesale Prices Up Year Over Year, Down From September

As has been the case for much of the year, average wholesale used-car prices were down on a year-over-year basis. In October, the average wholesale used-vehicle price fell by 1.2% compared to the year before. Trucks, on the other hand, continued to realize year-over-year increases in wholesale prices. Compared to last year, truck prices are up 5.1%.

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