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AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
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Overall April conditions didn’t benefit the consumer, especially those presenting more risk.
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The youngest auto consumers, who dominate today’s consumer base, require a different approach.
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Thought and preparation should be leveraged in deciding how your dealership applies this wealth-generating tool.
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Study shows more consumers, particularly the youngest and those seeking service, have interest in embedded policies.
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Rethinking auto financing for a new era of buyers
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Each has its own strengths and challenges, but there is one to strive to achieve.
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Q1 stats show more than ever are opting for seven-year loans for new vehicles.
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Company is providing a fully integrated F&I administration model to Nissan Extended Services North America’s dealer network.
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