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F&I

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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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NewsOctober 24, 2013

KBB: October New-Car Sales Expected to Jump 11.7 Percent

With one additional selling day, October sales are on track to reach 1.22 million units, KBB reported last week. And barring any economic setbacks, the vehicle information site expects sales to reach 15.6 million units this year.

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ArticlesOctober 23, 2013

LHPH Residual Affects Tax Depreciation

Tax expert delves into the lease-here, pay-here business. He explains why closed-end leases do not guarantee tax depreciation.

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NewsOctober 22, 2013

Edmunds.com “Takes Over” St. Louis Car Dealership

Edmunds.com will “take over” the showrooms of Bommarito Nissan/Honda/Volkswagen/Ford of Hazelwood to provide St. Louis with an exclusive car-shopping experience.

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NewsOctober 22, 2013

Pent-Up Demand Swells During Government Shutdown, CNW Reports

CNW Research says the government shutdown was like ‘putting a dam on a river.’ But when will that pent-up demand be released?

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ArticlesOctober 22, 2013

A New Band: GAP Trends

Four-tier GAP programs are gaining traction thanks to current auto finance trends, and dealers who have adopted the pricing structure say they’re leaving less money on the table as a result.

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ArticlesOctober 22, 2013

Kicking into High Gear: Experian Quarterly Update

Finance companies are buying deeper, and car buyers are rewarding them with timely payments. Credit expert breaks down the numbers for the second quarter.

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ArticlesOctober 22, 2013

Surge Protector: Taking Advantage of the Leasing Surge in F&I

F&I pros need not fear the growing tide of lease customers. Top trainer offers three keys to turning the leasing surge into a boon for the F&I office.

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ArticlesOctober 22, 2013

Pass the Fee

Can dealers pass bank fees onto car buyers? The magazine’s legal wiz says it depends, then lists eight conditions that would make it OK.

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NewsOctober 17, 2013

Preferred Warranties Announces Three Promotions

Preferred Warranties has added to its management team with the promotions of Nathan Dubé, Willie Grubaugh and C.J. Zaruba.

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Newsby Gregory ArroyoOctober 17, 2013

F&I Industry Loses VSC Pioneer

Dick Winzer, the founder of Automotive Professionals Inc., passed away this month at the age of 86. Former employees and colleagues credit him with being one of the first to develop computerized claim adjusting and processing.

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