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Categories: Auto Finance, Dealer Ops, F&I
Report: Longer Commute, Bigger Auto Loan

LendingTree analysts have discovered a correlation between commute times and auto loan balances, finding that car buyers borrow $269 for every additional...

https://www.autodealertodaymagazine.com/357733/report-longer-commute-bigger-auto-loan
Categories: Auto Finance, Dealer Ops, F&I
Fed Reserve Approves Third Rate Hike of 2018

The Federal Reserve on Wednesday raised interest rates for the third time this year and signaled it will raise the cost of borrowing again in December....

https://www.autodealertodaymagazine.com/350987/fed-reserve-approves-third-rate-hike-of-2018
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Cox: September Sales to Decline 7.2% From Year-Ago Levels

Despite the expected volume decline, the firm put September’s seasonally adjusted annual sales rate at a healthy 17.1 million, down from last September’s...

https://www.autodealertodaymagazine.com/350992/cox-september-sales-to-decline-7-2-from-year-ago-levels
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Edmunds: Stage Set for Market Contraction

June’s annual percentage rate of 5.82% marked a 17% increase since January 2018. Add rising rates to a virtually saturated U.S. market, record-high vehicle...

https://www.autodealertodaymagazine.com/324037/edmunds-stage-set-for-market-contraction
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Retail Incentives, New-Vehicle Sales Grow in May

May new-vehicle sales grew by 4.8% from the year-ago period, while average incentive spending per unit grew 6.6% from a year ago to $3,740.

https://www.autodealertodaymagazine.com/323996/retail-incentives-new-vehicle-sales-grow-in-may
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

It’s not just the wave of off-lease vehicles expected to return to the market this year and next, it’s the type of vehicles returning that could stunt new...

https://www.autodealertodaymagazine.com/323830/cox-off-lease-tidal-wave-poses-greatest-risk-to-new-vehicle-sales
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
LMC, J.D. Power: Mixed Results Expected for February

Average incentive spending in February is poised to fall for the first time since 2013 due to lower spending by Domestic manufacturers on trucks and SUVs....

https://www.autodealertodaymagazine.com/323740/lmc-j-d-power-mixed-results-expected-for-february
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Underperforming van and car segments led to a decline in J.D. Power's used vehicle price index in November, a reversal from the index's previous three...

https://www.autodealertodaymagazine.com/323621/j-d-power-used-vehicle-price-index-falls-1-4-in-november
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training
Cox Automotive: Dealers Optimistic About Q1 2018

The fourth-quarter reading of the Cox Automotive Dealer Sentiment Index shows dealers are optimistic about the next three months. Concerns about price...

https://www.autodealertodaymagazine.com/323601/cox-automotive-dealers-optimistic-about-q1-2018
Categories: Auto Finance, Dealer Ops, F&I
EFG Companies: 2018 to See Increased Focus on F&I, Service Drive, Customer Loyalty

EFG Companies issued its 2018 predictions and recommendations for the retail automotive and powersports F&I markets this week. These insights reflect...

https://www.autodealertodaymagazine.com/323556/efg-companies-2018-to-see-increased-focus-on-fi-service-drive-customer-loyalty


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