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Four-Figure Loan Payments on the Rise
A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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SEARCHMENUSEARCHA LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
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Utilize smart discovery and relate your product’s benefits to the customers unique situation and watch your cash deal production grow.
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Each of these trends illustrate continued strong growth for F&I product potential and sales for today’s auto retailers of all sizes and focus of new and used.
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Report shows those 60 days or more overdue reached 10-year high.
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Vehicle subscriptions can be a terrific way to get consumers into the vehicles they need and grow EV adoption.
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Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.
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Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year.
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Exposing a need, discovering the “why buy,” and establishing a want makes the “invisible” recognizable as a benefit, resulting in more customers taking advantage of your offerings.
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CEO acknowledges that greater market woes may be on the horizon.
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