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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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NewsOctober 11, 2016

Manheim Vehicle Solutions Gets New Senior VP

Cox Automotive named Joe George senior vice president of Manheim Vehicle Solutions. He will responsible for strategy to execution, driving the wholesale and retail solutions long-term plan related to reconditioning, imaging purchase protection and inspections.

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NewsOctober 11, 2016

New York Increases Surety Bond Amount for the State's Used-Vehicle Dealers

Under the new law, used-car dealers who sold fewer than 50 cars in the previous calendar year will be required to purchase a $20,000 surety bond. Dealers who sold more than 50 cars will be required to purchase a $100,000 bond. Additionally, new dealer license applicants will need to post the $20,000 surety bond.

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NewsOctober 6, 2016

NADA: Supply, Incentives Driving Down Retention Rates

Nearly across the board, the retention rates of model-year 2013 vehicles were down this year compared to the same time last year, according to the most recent NADA Used Car Guide Perspective report.

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NewsOctober 6, 2016

Reynolds Acquires Wolters Kluwer's Indirect Loan Origination Solutions

Reynolds and Reynolds has completed its acquisition of Wolters Kluwer’s indirect loan origination solutions for around $36 million in cash. As part of the acquisition, Reynolds gets Wolters Kluwer’s AppOne software, risk mitigation services and bankers systems.

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NewsOctober 6, 2016

MAXDigital Adds to Executive Team

Software provider MAXDigital has promoted Patrick McCmullen to senior vice president of Strategy and Innovation, and hired Rebecca Oistad as the company’s vice president of marketing.

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NewsOctober 5, 2016

Former AutoNation Direct Head Joins CU Direct

Ron Frey, former chief strategy officer and president of AutoNation Direct, has joined CU Direct as chief strategy officer of its automotive solutions. He will oversee the planning and direction of automotive solutions for the credit union technology provider.

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NewsOctober 5, 2016

Mercedes-Benz Captive Now Available on AutoGravity's Auto Financing App

AutoGravity, a new car-shopping app that allows car shoppers to arrange their financing, has added Mercedes-Benz Financial Services. The partnership gives AutoGravity users access to the captive's loan and lease offers.

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ArticlesOctober 4, 2016

5 'Tells' of a Lying Job Candidate

Human resources expert reveals the five traits hiring managers need to look for when interviewing a prospective candidate.

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Articlesby Rick McCormickOctober 4, 2016

5 Steps to Taking F&I Online

F&I trainer makes the case for digital F&I. He offers a five-step process for adding information about products, pricing, and your finance team to your dealership’s website.

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Articlesby Gregory ArroyoOctober 4, 2016

Examining the Bricks-to-Clicks Push

Tech vendors believe the industry needs to respond to customer dissatisfaction with the F&I process, but not everyone believes moving the process online is the answer.

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