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SEARCHConsumers will get an in-depth look at F&I practices through a Web site launched by a group of auto dealers and lenders, reported Automotive News.
Consumers will get an in-depth look at F&I practices through a Web site launched by a group of auto dealers and lenders, reported Automotive News.
Formed in March, the coalition Americans Well-informed on Automobile Retailing Economics (AWARE) was started by the National Automobile Dealers Association and the American Financial Services Association.
The site, www.autofinancing101.org, helps consumers prepare for a vehicle purchase. Consumers are advised to know their credit scores before visiting a dealership, set a realistic price range for the purchase and compare interest rates and financing terms from different sources, according to Automotive News.
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