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ArticlesOctober 22, 2013

Surge Protector: Taking Advantage of the Leasing Surge in F&I

F&I pros need not fear the growing tide of lease customers. Top trainer offers three keys to turning the leasing surge into a boon for the F&I office.

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ArticlesOctober 22, 2013

Pass the Fee

Can dealers pass bank fees onto car buyers? The magazine’s legal wiz says it depends, then lists eight conditions that would make it OK.

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NewsOctober 17, 2013

Preferred Warranties Announces Three Promotions

Preferred Warranties has added to its management team with the promotions of Nathan Dubé, Willie Grubaugh and C.J. Zaruba.

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Newsby Gregory ArroyoOctober 17, 2013

F&I Industry Loses VSC Pioneer

Dick Winzer, the founder of Automotive Professionals Inc., passed away this month at the age of 86. Former employees and colleagues credit him with being one of the first to develop computerized claim adjusting and processing.

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NewsOctober 17, 2013

Industry Proves Resilient During Government Shutdown

The government just experienced a more than two-week hiatus, but the auto industry could be on track to actually top September sales this month.

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NewsOctober 17, 2013

National Credit Default Rates Rose in September

While consumer credit quality continues to look healthy, the national composite was 1.38 percent in September, slightly up from 1.34 percent in August.

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NewsOctober 17, 2013

GM, Capital One Extend Partnership, Launch Rewards Card

Capital One, Mastercard and General Motors are extending their relationship with the launch of the new GM Card, which offers rewards consumers can use toward the purchase or lease of a new Chevrolet, Buick, GMC or Cadillac vehicle.

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NewsOctober 15, 2013

DealerRater Launches Certified Service Center

DealerRater has launched a new segment for dealership service departments. Officials say the new offering is in response to an increasing number of online searches for auto repair and maintenance.

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NewsOctober 15, 2013

Delinquencies Up in Q2, the ABA Reports

The American Bankers Association found that delinquencies across all credit segments rose six basis points in the second quarter. Overall, delinquencies remain significantly below their 15-year average.

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NewsOctober 10, 2013

The Detroit News: Govt. Shutdown Could Slow Auto Sales

The Detroit News reports the prolonged government shutdown will likely negatively impact auto sales. Manufacturers report sales have not been hit hard yet, but industry experts say consumers can only take so much uncertainty.

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