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Categories: Auto Finance, Dealer Ops, Showroom
September Depreciation Report Shows 1% Overall Decline

Black Book reports used vehicle values fell by 1% in September, led by declines in the compact van and luxury car categories. Only one segment showed...

https://www.autodealertodaymagazine.com/359118/september-depreciation-report-shows-1-overall-decline
Categories: Dealer Ops, Digital, Showroom
Report: GPS Tracking Reduces Impound Costs

In the year since impound fees cost the used car industry $1.1 billion, new data released by Spireon shows maturing technology has made a positive impact.

https://www.autodealertodaymagazine.com/358996/report-gps-tracking-reduces-impound-costs
Categories: Compliance, Dealer Ops, Showroom
Jury Orders Reagor to Pay Ford Credit $53M

A jury deliberated for less than an hour before deciding Reagor Dykes’ Bart Reagor owes Ford Motor Credit Co. the full amount it demanded following an...

https://www.autodealertodaymagazine.com/358862/jury-orders-reagor-to-pay-ford-credit-53m
Categories: Auto Finance, Dealer Ops, Showroom
Report: Used-Vehicle Prices Up 2% From 2018

J.D. Power’s latest index finds average prices for used vehicles were up 2% year-over-year in August. Analysts say the segment will continue to drive...

https://www.autodealertodaymagazine.com/358646/report-used-vehicle-prices-up-2-from-2018
Categories: Auto Finance, Dealer Ops, F&I, Industry, Showroom
Fed Cuts Interest Rates Again, Stock Market Responds

Stock are on the rise following the second quarter-point reduction to the federal funds rate in less than two months. No further cuts are planned for this...

https://www.autodealertodaymagazine.com/358304/fed-cuts-interest-rate-again-stock-market-responds
Categories: F&I, Showroom, Training
Lt. Gen. Honoré to Help Attendees Prepare Today and Prevail Tomorrow at Industry Summit

Attendees are invited to join a keynote address given by a 37-year military veteran on creating and maintaining resilient leadership qualities.

https://www.autodealertodaymagazine.com/358244/lt-gen-honore-to-help-attendees-prepare-today-and-prevail-tomorrow-at-industry-s
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Subprime Fell to Lowest Share Since 2011 in April

An Equifax review of auto finance data from the first four months of 2019 found subprime’s percentage of total originations fell to 22.7% for all purchases...

https://www.autodealertodaymagazine.com/358229/subprime-fell-to-lowest-share-since-2011-in-april
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Escalating Finance Costs Drive 24% Spike in TCO

AAA analysts say bigger price tags and higher interest rates have conspired to raise American new-car buyers’ average annual total cost of ownership to...

https://www.autodealertodaymagazine.com/358227/escalating-finance-costs-drive-24-spike-in-tco
Categories: F&I, Showroom, Summit Updates, Training
‘Ask Frenchy’ Returns to Industry Summit, Seeks Competitors

Five F&I professionals will attend Industry Summit as a guest of IAS and veteran trainer Eric ‘Frenchy’ Mélon, who will select finalists for the third...

https://www.autodealertodaymagazine.com/358156/ask-frenchy-returns-to-industry-summit-seeks-competitors
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Prime Buyers Flock to Used Vehicles in Q2 Report

Experian’s Q2 auto finance report consumers continue to uncover ways to manage monthly payments. For a record percentage of prime borrowers, that meant...

https://www.autodealertodaymagazine.com/358117/prime-buyers-flock-to-used-vehicles-in-q2-report


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