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In this month's Under the Hood, Editor Hannah Mitchell examines a question many auto dealers have been asking since Federal Trade Commission enforcement intensified this year.
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Having the right mix of protection programs while also educating consumers provides for a true win-win scenario in these still unusual times.
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National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies and Ace Financial Development Group.
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Pioneers in their respective industries unite to deliver innovative automotive insurance solutions to dealers and car buyers nationwide.
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Inventory shortages continue to push average loan amounts and monthly payments for used vehicles higher.
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Lease credit approvals reached 70.0% in July; Up from 67.6% in June.
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2021 Hyundai Santa Fe EV tops the list.
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With strategies in mind, dealers will be better equipped with the right participation program and F&I product portfolio to meet the needs of their business strategy.
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Growing numbers of car buyers looking to insure their investment against problems down the road.
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Brands with unfavorable lease policies continue to see lower brand loyalty.
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The more ways you can explain how consumers protect themselves and their investments, the more buy-in you will have because they will identify with these logical behaviors.
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