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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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Utilizing the Darwin software, the digitalization of F&I options allow Volkswagen Drive Easy & Audi Pure Protection dealers to offer personalized opportunities to enhance the purchase experience.
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The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.
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Black Book published new insights to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, overall wholesale sold volume, used retail listing volume, and BEV sales outlook.
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Honda, Hyundai, Nissan among brands losing drivers due to unfriendly policies.
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Do not step over dollars to pick up pennies … picking a formation that is not a good fit will cause exit strategy issues and could cost you ownership of the next formation. Take the time to educate yourself on the different reinsurance formations to ensure success now and in the future.
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Newly released TransUnion Insurance Shopping Annual Report uncovers impacts of COVID-19 on personal auto insurance.
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Consumers and dealers alike have turned to digital retailing in spades as we all adapt to being virtual during these challenging times. Two digital experts sat down with AE to discuss the evolution of menu selling, the need to bridge the traditional F&I sales model with digital retailing, and best practices for agents.
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Borrowers and lenders alike are wondering who has the capacity to pay and how resilient is this capacity? Institutions that make the most of insight, simulated analysis and strategic action delivered via omni-channel functionality will establish disproportionate resilience in these uncertain times.
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Excel Auto Partners further accelerates NAC’s growth strategy, which includes the acquisition of like-minded, high-growth agents.
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Prime Automotive Group represents 50 plus automotive dealerships, and 28 brands across eight states.
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