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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 29, 2013

Bloomberg: Chrysler Amendments to IPO Highlight Conflicts With Fiat

Chrysler Group LLC amended its initial public offering to more clearly detail its value to its majority owner, Fiat, Bloomberg reports.

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NewsOctober 29, 2013

TFS Gives Toyota Leg Up on GM, Ford

Toyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s AA-credit rating and $95 billion in assets, Bloomberg reports.

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NewsOctober 29, 2013

Dataium ASI: Retiring Models Attracting Attention

Dataium reports this week that automotive shopper intensity declined across all segments for the second consecutive month in September. But the research firm believes shoppers are adjusting their browsing behaviors in preparation for the holidays.

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NewsOctober 29, 2013

Commerce Dept. Notes Sharp September Drop in Auto Sales

The Census Bureau released its sales figures for September, showing that fewer sales days during the month resulted in a sharp decline in auto sales.

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NewsOctober 24, 2013

Ally Honors 2014 TIME Dealer of the Year Nominees

Ally Financial has named the nominees for this year’s TIME Dealer of the Year. The winner will be announced during January's NADA Convention & Expo in New Orleans.

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NewsOctober 24, 2013

Ohio Online Auto Retailer Targeted by BBB

Cleveland-based AutosDirectOnline.com was targeted by the BBB after the online car dealer received 90 complaints from consumers in the past 36 months.

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NewsOctober 24, 2013

New Website Rates Used-Car Inventory

iSeeCars.com provides a rating for used-car dealers based on their inventory. The inventory is compared to the price and conditions of similar cars in the market.

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NewsOctober 24, 2013

Used-Car Dealer to Forfeit $1.5M

A used-car company pleaded guilty to failing to report cash transactions over $10,000 at its dealerships. The DEA alleges the company allowed drug traffickers to launder their profits by buying cars.

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NewsOctober 24, 2013

Public Groups Report Solid F&I Performance for Q3

Lithia officials said the group is focused on increasing F&I performance, while officials with Sonic announced the launch of a new initiative that will have “guest advocates” handle transactions from start to finish. Asbury reported a per-copy average of $1,305 during the third quarter.

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NewsOctober 24, 2013

OnPoint Drops Buy-Back Requirement

Buy-here, pay-here auto financing company OnPoint launched a new lending program, 30/30, which eliminates the buy-back requirement on repossessed vehicles.

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