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Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
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F&I Showroom Magazine
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SEARCHMENUSEARCHWhen lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
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F&I pro says dealers need to consider the repercussions of longer term loans before making them their new normal.
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Terms like ‘prescreen’ and ‘prequalification’ may seem similar, but they’re not. An executive for a credit report reseller issues a warning to dealers considering the new wave of ‘soft pull’ systems.
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Dealers and lender execs expressed optimism about the year ahead at the industry’s annual get-together, but they admit some trends have them concerned.
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Millennials were top of mind at the industry’s annual get-together, and one expert says auto finance represents the gateway drug to financial services for this coming-of-age demographic.
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AutoBodyguard, a division of Dent Zone, has obtained the exclusive rights to Zavada Scientific’s organic odor elimination technology. Officials said the odor remover will be added to the firm's line of interior protection programs.
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The company unveiled a new company and launched a refreshed website. The latter is designed to help facilitate access to information for all PayLink Direct customers and prospects.
Read More →After a disappointing March, new-vehicle sales should bounce back in April, KBB said yesterday. The firm predicts new-vehicle sales will rise 4% from a year ago to a record 1.51 million units.
Read More →American Auto Guardian has named Ken Acha as its new Western regional vice president. He most recently served as regional director of sales for Hyundai Capital America, where he developed and launched the Hyundai Protection Plan in 2013.
Read More →The vehicle information site said this week that April sales are on pace to eclipse the April 2005 sales record of more than 1.5 million units. It also believes the industry is on pace to shatter last year’s 17.5 million-unit sales record.
Read More →The dealer group's U.S. F&I operations increased its per-copy average by $26 to a record $1,564. Including operations in the United Kingdom and Brazil, the group's consolidated average increased 0.7% to $1,385.
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