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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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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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Their primary emphasis is to provide branded F&I products to consumers throughout the U.S. for the complete line of Nissan and INFINITI vehicles.
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Sometimes you will get a deal thrown at you that is going to be an uphill battle. Instead of losing motivation, look at it as two things: a challenge and a teaching opportunity.
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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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