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ArticlesCover StoryJune 11, 2013

True Calling

Serial entrepreneur Tim Lavoie found lasting success with Balise Auto Group, where he developed a four-part formula for driving F&I profitability.

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ArticlesJune 11, 2013

Mastering the Three-Point Turn

Top trainer says an effective ‘TO’ from sales to F&I must include an endorsement of the process, a transfer of trust and a quick explanation of the F&I process.

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ArticlesJune 11, 2013

Fact or Fiction

The magazine’s legal insider has heard the talk about the CFPB targeting F&I products, but he’s not sure why it would when it has no enforcement power over franchised dealers.

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NewsJune 6, 2013

Colorado Gov. Signs Dealer-Protection Bill

Colorado Gov. John Hickenlooper signed SB 265 today. The new law gives dealers more negotiating power in their franchise agreements.

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NewsJune 6, 2013

[Video] F&I Tip of the Week: The How'd-That-Feel Sale

Your customer’s trade-in vehicle could provide all the evidence you need to show him or her the value of paintless dent removal. United Development Systems’ Gerry Gould explains in his latest F&I Tip of the Week.

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NewsJune 6, 2013

CarFinance Capital Completes $238 Million Asset-Backed Securitization

CarFinance Capital completes $238 million asset-backed securitization at the end of May. The transaction comes two months after the finance company renewed and increased its warehouse credit facility to $300 million.

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NewsJune 6, 2013

Global Lending Services LLC Joins RouteOne

GLS customers can now process credit apps electronically through the RouteOne platform.

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NewsJune 6, 2013

Edmunds.com Announces New "Price Promise" Program

Edmunds.com President and COO Seth Berkowitz unveiled the Price Promise program this week to the Automotive Press Association in Detroit. The offering allows customers to get real price quotes from dealers before a visit.

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NewsJune 6, 2013

Reynolds and Reynolds Extends Agreement With Penske

The technology company extends its relationship with Penske, which was originally forged in 2004. Under the extended agreement, Reynolds will provide its ERA-IGNITE to more than 170 Penske retail franchises.

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NewsJune 6, 2013

TrueCar Dealer Council Adds Six New Members

With the six new additions, TrueCar’s dealer council now includes 20 members who operate 276 franchises in 19 states.

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