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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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NewsFebruary 16, 2016

CNA National's Participation Programs Return $40 Million to Dealers in 2015

CNA National Warranty Corp. (CNAN) announced this week it returned more than $40 million to dealers through its various participation plans in 2015, bringing the total amount of money the firm has returned to dealers since its founding to more than $370 million

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NewsFebruary 16, 2016

F&I Express Adds AssurancePlus to F&I Product Provider Network

F&I Express has added AssurancePlus to its network of aftermarket F&I providers. The addition will allow dealers to erate, econtract and eregister all of AssurancePlus’ F&I products.

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NewsFebruary 16, 2016

VW Credit Teams With Safe-Guard on New Line of F&I Products

VW Credit Inc. has partnered with Safe-Guard Products International to develop,, market an distribute a new line of Volkswagen-, Audi-, and Ducati-branded F&I products. The new line will be introduced to dealers on Jan. 1, 2017.

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NewsFebruary 11, 2016

Asbury: ‘Favorable Lending Environment” Spurs 9% Gain in Q4 F&I Revenue

Asbury Automotive Group reported this week that it’s F&I operations realized a $55 per-copy increase in the fourth quarter, with the group averaging $1,426 in gross profit per vehicle retailed during the end-of-year quarter.

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NewsFebruary 11, 2016

KBB Announces Winners of Five-Year Cost to Own Awards

Hyundai and Acura took the top honors, winning the competition's Best Brand and Best Luxury Brand awards, respectively. The contest looks at a vehicle’s depreciation, fuel costs, finance and insurance fees, maintenance and repair costs, and state fees to find its winners.

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NewsFebruary 11, 2016

Carfax: 47 Million Vehicles in U.S. Have Unfixed Recall Issues

Owners of SUVs and minivans have a higher likelihood of having an unfixed recall issue on their vehicle, as do those living in Texas, Mississippi, Alaska, Utah or West Virginia, according to Carfax.

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NewsFebruary 11, 2016

Cox Automotive Taps VinSolutions as Primary CRM Solution

The transition is expected to be completed within 24 months. During that time, Dealertrack clients will be fully supported under the terms of their existing contracts.

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NewsFebruary 10, 2016

GM's Online Used-Car Purchasing Site Goes Live

The automaker Factory Pre-Owned Collection portal is now live. The site, which will open up the automaker's remarketing channel to consumers, contains more than 30,000 used cars with less than 37,000 miles on the odometer.

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NewsFebruary 10, 2016

Wise F&I Products Now Available Through Dealertrack Aftermarket Network

Through the Dealertrack Aftermarket Network, F&I sales and submission processes will now be handled online. The new integration supports multiple Wise F&I products, including the firm's GAP, appearance care, vehicle service contracts and theft-deterrent programs.

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NewsFebruary 10, 2016

Carleton Announces New Suite of Lending Software

The suite includes the latest upgrades to the firm’s LoanSmart Solutions, which have been adopted by major lending software providers for more than 20 years. The offerings also meet the Consumer Financial Protection Bureau’s third-party vendor compliance recommendations and consumer privacy and security requirements.

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