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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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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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The Director of Corporate Development is a new role for NAC, an award-winning F&I provider that announced four agency acquisitions in 2020, with more slated for 2021.
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As the F&I process moves online, we can’t just transport what was designed for the physical world into the virtual world.
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PayLink Direct and Olive.com will become public as Olive Ventures Holdings, Inc.
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