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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.

News

UDS Wins 7th Straight Diamond in 2019 DCAs

UDS Wins 7th Straight Diamond in 2019 DCAs

United Development Systems earned its seventh straight first-place Diamond award in the F&I Training category and a Gold award for Compliance training in the 15th annual Dealers’ Choice Awards.