Posts
The Big Auto Short: The Next Subprime Lending Bubble Could Be About to Burst
For years now, the U.S. auto market has been booming as manufacturers, dealerships and consumers have benefitted from record-low borrowing costs, spurring ravenous
Oct 20, 2016
Costly Lesson Shows No Car Dealer Can Fly Under Radar, Attorney Says
Attorney Tom Hudson says it shows something when a federal regulator with a reputation of aggressiveness found its way to a used-car dealership in northern Colorado.
Oct 20, 2016
5 Steps to Taking F&I Online
F&I trainer makes the case for digital F&I. He offers a five-step process for adding information about products, pricing, and your finance team to your dealership’s website.
Oct 12, 2016
Will Your Dealership Survive the F&I Apocalypse?
F&I departments as we know them today are doomed, if they continue along the traditional path. To survive F&I in the brave new world of automotive retail they have to evolve from a transactional,
Oct 10, 2016
Car-Lease Approvals Take a Dive
Only 57.7% of applicants for car leases were approved in August, the lowest approval percentage of the year and the lowest approval rate in August in the past 2 years,
Sep 19, 2016
Not Every Bureau Is the Same
Without credit bureaus, it would be a challenge to complete most vehicle sales. The average American is not in a position to walk into a dealership and write a check for
Sep 19, 2016
U.S. House Committee Passes Bill Aimed at Replacing Dodd-Frank
On Tuesday, the House Financial Services Committee approved a bill described by supporters as an alternative to the Dodd-Frank Act. Critics, however, call the bill an “anthology of
Sep 19, 2016
Debating F&I’s Future
This past May, top producers and thought leaders took part in a no-holds-barred debate over how the industry must change to meet the needs and expectations of today’s car buyers.
Sep 14, 2016
Quartet of Third-Party Collection Tips That Could Help Repos & Recoveries
TransUnion recently pushed out a series of recommendations to help companies that specialize in third-party debt collections. However, some of the suggestions could help
Sep 14, 2016