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ArticlesJune 2, 2020

Expert Advice for F&I During COVID-19

The automotive industry has seen an unprecedented loss in sales over the past few months and F&I departments are facing serious challenges amidst these losses. We spoke with five leaders in F&I training, and they shared their thoughts, advice, and predictions on what to do today to help prepare for tomorrow.

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ArticlesJune 1, 2020

Slow Down to Speed Up

We’ve all heard scary stories of identity theft and the stolen cars resulting from it. We need to slow down to speed up and use all the tools in our arsenal to prevent identity theft.

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ArticlesMay 27, 2020

How Automotive Lenders Can Remain Successful During Economic Downturns

Due to a multitude of factors, including vehicle sales, household debt and unemployment, automotive lenders will be affected differently depending on their market segment and their loan origination process.

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Newsby StaffMay 20, 2020

Portfolio Unveils New Reinsurance Website

Portfolio's reinsurance website was redesigned to offer dealers and agents an intuitive, interactive experience in a mobile-friendly format.

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Newsby StaffMay 19, 2020

F&I Providers Relief Fund Celebrates Raising Half of $1M Fundraising Goal, but More Funds Are In Demand From F&I Managers In Need

The F&I Providers Relief Fund for F&I Managers raised more than $500,000 in only about a month – half of its $1 million fundraising goal – but the board is still looking for donors to meet the overwhelming need for financial assistance grants to F&I managers.

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ArticlesMay 19, 2020

Hot Coffee

Everyone wants power and freedom, yet no one wants accountability. We won’t ever change the consumer, but if we better understand their behavior, we can better prepare ourselves for some of the pitfalls of dealing with the general public.

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Newsby StaffMay 13, 2020

Free F&I Product Videos for Your Online Sales

Ron Reahard of Reahard & Associates, Inc. announces their popular F&I product videos will be made available to dealers free of charge for 120 days.

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Newsby StaffMay 12, 2020

Negative Equity on Vehicle Trade-Ins Hit All-Time High in April, According to Edmunds

Experts say consumers upside down on their car loans could take advantage of generous automaker incentives during the coronavirus pandemic to get a better interest rate and save thousands of dollars.

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Newsby StaffMay 11, 2020

Portfolio: Antimicrobials Propelled F&I in March and April

New data from Portfolio shows sales of antimicrobial treatments as a percentage of F&I product sales increased as more Americans sought protection from communicable diseases.

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Newsby StaffMay 11, 2020

Binary Auto Solutions Supports Nation’s Dealerships with Another Month of Free Marketing Services and Provides Hand Sanitizer Care Packages to Clients

Binary Automotive Solutions continues its aid programs into May by extending their free marketing program for any dealership nationally and by delivering shipments of hand sanitizer to its California area dealership clients who are reopening.

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