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News

Report: Longer Commute, Bigger Auto Loan

Houston residents borrow a higher-than-average $26,623 to finance the purchase of a new vehicle...

LendingTree analysts have discovered a correlation between commute times and auto loan balances, finding that car buyers borrow $269 for every additional minute between home and work.

News

AutoNation Nears $2,000 PVR as Big Groups Grow F&I

Publicly traded dealer group Lithia Motors reported a segment-leading 11% improvement in F&I...

The nation’s six largest publicly traded dealer groups all increased F&I profit per vehicle retailed in the second quarter, led by AutoNation’s $1,926 per copy and Lithia Motors’ segment-leading 11% improvement.

Video

F&I Tip of the Week: 5 Types of Buyers

Improve your penetration rates by learning how to identify and connect with each of the five F&I...

Improve your penetration rates by learning how to identify and connect with each of the five F&I customer types — and how to avoid inadvertently classifying a ‘C’ or ‘D’ as an ‘F’ — in this Tip of the Week from American Financial’s Dwayne Wiggins.