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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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Articlesby JimMarch 20, 2013

The Full Monty

Unless your dealership’s compliance outfit is covering every requirement, your store is leaving itself at risk. Our dealership compliance expert explains.

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ArticlesMarch 20, 2013

Red Flag Update Defines 'Creditor'

Whatever you’ve heard about the Red Flags Rule, the FTC’s weapon against identity theft is still in play for most dealers. But there are some changes to consider.

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NewsMarch 19, 2013

VantageScore Introduces VantageScore 3.0 Model

VantageScore unveiled a new credit scoring model the company says is 25 percent more predictive than previous models.

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NewsMarch 19, 2013

Tampa Dealer Gets 15 Years for Tax Fraud, ID Theft

A Tampa auto dealer was sentenced to 15 years in federal prison for identify theft and for attempting to claim approximately $8.9 million in fraudulent refunds.

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NewsMarch 19, 2013

Ally Financial Renews $11 Billion in Credit Facilities

Ally Financial renewed $11 billion in credit facilities for the parent company and subsidiary Ally Bank. The two credit lines renew the credit facilities the company renewed in March 2011.

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NewsMarch 19, 2013

Auto/Mate, CAR-Research XRM Integrate DMS and CRM Solutions

Auto/Mate and CAR-Research XRM have fully integrated their software tools. The platform expands vendor choices and flexibility for customers of each company.

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NewsMarch 19, 2013

UDS Offers Subscription Option for Web-Based Training

United Development Systems is now allowing dealerships to subscribe to its UDS Webinar Series, which is offered monthly to F&I professionals. The sessions are led by UDS trainers.

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NewsMarch 19, 2013

Dealer.com Launches Advertising Dashboard

The automotive digital marketing company’s new advertising dashboard is designed to take the guess work out of digital advertising, providing dealers with a holistic view of competitive market data, ad reach, analytics and multi-channel performance.

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NewsMarch 19, 2013

NADA Extends Dealership Workforce Study Deadline

Dealerships can sign up to participate in the study, which compares dealership data on a regional and national basis, through April 30.

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NewsMarch 19, 2013

Industry Sales Pacing at 15.7 Million Units in March

A mid-month report found that floor traffic at dealerships was up nearly 3 percent, with closing ratios ahead of last year by more than 2 percent. According to CNW, this indicates a possible 6.5 percent sales gain for the full month.

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