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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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NewsJanuary 15, 2013

Modesto, Calif., Dealer Found Guilty<br /> of Conspiracy to Commit Bank Fraud

Two brothers, operators of three used-car lots in Modesto, Calif., were found guilty of conspiracy to commit fraud. The men allegedly prepared misleading and false financial statements in order to obtain financing for ineligible customers.

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NewsJanuary 15, 2013

Experian Automotive: Ford Takes Top Spot in Brand Loyalty

In the third quarter 2012, the Ford Focus took top honors in Experian Automotive’s brand loyalty study, while Toyota, Kia, Hyundai and Honda rounded out the Top 5.

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NewsJanuary 15, 2013

[Video] Tip of the Week: Time to Eliminate

Gerry Gould says it’s time to eliminate a part of your F&I process that intimidates customers, is old school and does nothing to drive profit. Find out what it is in F&I’s Tip of the Week.

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NewsJanuary 15, 2013

Enterprise Car Sales Drives $380 Million in CU Auto Loan Volume

Enterprise touts relationships with credit unions, claims to have generated more than $380 million in loan volume for credit unions through used-car sales in 2012.

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NewsJanuary 15, 2013

AFIP Issues First Master Certification in the Mobility Industry

Ride-Away’s McCabe earns AFIP Master Certification, a first for the mobility industry. McCabe also is one of only 40 financial services professionals to earn the designation.

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NewsJanuary 15, 2013

Swapalease.com: Auto-Related Credit Approvals Up 27.3 Percent in 2012

U.S. Bank data shows 27.3 percent more approvals in 2012 vs. 2011. December’s credit approval rate also jumped 55 percent from November.

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NewsJanuary 15, 2013

NADA Economist: New-Vehicle Sales to Maintain Momentum in 2013

The NADA’s chief economist predicts that auto dealers will retail one million more vehicles than they did in 2012, and offers seven reasons for his positive outlook.

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NewsJanuary 15, 2013

Insurance Booklet Mandate Eliminated

This week, President Obama put his signature on legislation that eliminates the insurance booklet mandate that dealers have had to comply with since the 1970s.

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ArticlesJanuary 15, 2013

Westward Expansion

As the industry recovers, California continues to serve as the bellwether state for car sales nationwide.

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NewsJanuary 10, 2013

Maritz Acquires Opportunity Max, Creates Maritz Dealer Solutions

Maritz announced this week that it has acquired digital consulting and services firm Opportunity Max, which Maritz will use to begin offering its consulting services to automotive dealers.

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