BMW eContracts 40% of Business to Streamline F&I Service

From World’s Luxury Guide, discover details on the 3-year long development in e-contracting that is certain to appeal to future customers. Reducing the time spent in F&I from 30 minutes to 10 is just one of many reasons to consider impleme
Apr 10, 2013

Industry Research: Auto Liability Insurance Regulations and Framework

UPenn professors do a complete audit of the automobile industry’s liability insurance. Educational experts address Ethics, Selection and Moral Hazards as well as Risk-based pricing, Underwriting, Contract Design, Loss Prevention, and more topic
Apr 8, 2013

Auto-Finance Complaints Number 1,585 at CFPB

From Auto Finance News, consumers have registered 1,585 auto finance complaints this year to-date. Loan and leases were typically settled with reparations, and lender response has been largely under debate in the past year. This transparency helps fu
Apr 5, 2013

Down Payment Risks & Customer Relations for Finance Officers

Jamie LaReau explores the ethics behind accepting a large down-payment on a lease. The risk of totaling the car before the lease ends, and the capital reduction/depreciation value of the money put down initially, can create much hardship for car leas
Apr 5, 2013

Automaker Tax Margins & Dealership Cash Flow

According to the Motley Fool, the stead climb in value for auto manufacturers can mean big returns for car dealerships and investors alike. A quick evaluation of Group 1 Automotive’s and Sonic Automotive’s business habits over the recessi
Mar 29, 2013

Reading The Fine Print: What’s Behind Lending Laws for BHPH Dealers

According to Sub Prime News, the recent changes in lending laws for buy here, pay here dealers may have some unpleasant side effects. While the bulletin is meant to target indirect auto lenders, a closer look at the F&I office means that regulat
Mar 26, 2013

Auto Parts Purchaser Survey: Online at the Dealership

Tire Business provides a survey of online versus dealership purchases for parts buyers. How-tos and DIY-ers make up a market group that may join a dealership, depending on the information offered and accessibility of parts, and differences in on and
Mar 22, 2013

Role Model: How a Small-Town Dealer Tripled his F&I Take

From AutoNews, dealers can follow the story of Joel Higley, who tripled his F&I revenue by making changes to his F&I department. The steps he followed in re-vamping his F&I department and re-marketing for more revenue can be viewed in the
Mar 19, 2013

The Big Picture: Social Media Spending & Success Rates

New from Uberflip, some serious stats on the social media world tell us how social advertising is affecting marketing budgets. Social ad adoption, allocated budgets, and the success rates of paid social media campaigns are just a few of the breakdown
Mar 14, 2013