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New-Vehicle Financing Hits Record
Consumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
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SEARCHMENUSEARCHConsumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
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F&I provider comes on board as the new administrator for the NIADA CPO Program.
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Available for trucks classed as medium duty and those fitted with lift kits, this new offering gives dealers an opportunity to offer extended protection for these vehicles—which comprise a growing segment of US auto sales.
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The acquisition will add complementary product portfolio to Asset Protection Division.
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Agents and dealers should be taking time to review their complete lineup of F&I program offerings and portfolio of services to ensure they have the right makeup of value-added products for customers.
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Provides protection during the lease, as well as reimbursement for charges at the end of the lease.
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Dealers report increases in consumers using online tools resulting in higher sales.
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High dealership earnings drive buy/sell market to boomerang back in Q2, with first half of 2020 surpassing 2019, according to The Blue Sky Report® by Kerrigan Advisors; very active buy/sell market predicted for second half of 2020.
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CNA National is offering live, online training in coordination with Reahard & Associates.
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In late June, Portfolio officially acquired National Automotive Experts and NWAN. The companies’ executives spoke to P&A about what led them to join forces, the changing world of F&I and why this match was the right move for both companies, their agents and dealers.
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Amazon’s entry into the insurance market will help shift consumer expectations about buying insurance products from non-traditional players.
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