Articles for Finance & Insurance Features

Sweetening the Deal

Wednesday, December 16, 2009
Kimberly Long - It’s a question dealers ponder daily: How do I make my store stand out in the crowd? Everyone wants to convince customers to buy from their store instead of the guy down the road; that’s certainly nothing new.

2009 Finance Survey Results

Friday, October 30, 2009
Overall, most of the dealers who completed the 2009 Auto Finance Survey are averaging fewer than 150 sales per month. The vast majority of responding independents (65.3 percent) are selling fewer than 50 units per month. When asked to compare their SF sales volume from the prior 90 days to the same period in 2008 ...

Finance Survey Results - What Dealer Based Financing Entails

Friday, October 30, 2009
For the first time, Auto Dealer Monthly’s annual Auto Finance Survey included dealer based financing (DBF), which encompasses buy here pay here, lease here pay here and rent-to-own. The vast majority of dealers who responded to the survey ...

Red Flags Compliance Options

Wednesday, September 02, 2009
Jennifer Murphy - Although the August 1, 2009 enforcement date for the Red Flags Rule is upon dealers – provided the Federal Trade Commission (FTC) doesn’t delay it at the last minute again – many dealerships have yet to comply. For those who still need to put their Red Flags program in place, here’s a sampling of the products available on the market to help you become compliant ...

F&I Findings for 2007: Profitable Processes In The Finance Office

Thursday, October 11, 2007
John Carroll - “The key is to get the customer to come back for the first maintenance stop and get [the customer] in and out in an hour,” said Arden, who’s father put him to work at Downs Ford in Toms River, N.J., 30 years ago.

Bank and Finance Companies Recognized: 3rd Annual Auto Finance Company Survey

Thursday, November 23, 2006
To be considered in place of a captive, an auto finance company must have a broad spectrum of products ...

2006 Survey Indicates Profits Up In F&I Departments

Tuesday, November 14, 2006
With more and more consumers driving with negative equity in their vehicles, Guaranteed Asset Protection coverage continues to grow in popularity among dealers.

Finance And Technology: The DealerTrack Approach

Thursday, October 12, 2006
Harlene Doane - These products were also designed to integrate with the dealership Dealer Management System (DMS)...

Finance and Technology: The RouteOne Approach

Tuesday, October 10, 2006
Harlene Doane - “The system was designed to accommodate the dealers’ work flow, not to impede or change it,” said Brad Rogers ...

Navigating Through The Maze Of Retail Indirect Marketing

Thursday, September 07, 2006
Having a solid block of finance sources not only makes the difference between delivering a vehicle or not ...

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