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Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

The firm’s Used Vehicle Retention Index for September increased by 1.9% from a year ago to 116, with all vehicle segments showing increases. The compact...

https://www.autodealertodaymagazine.com/350980/black-books-retention-index-climbs-to-october-2016-level
Categories: Auto Finance, Dealer Ops
Auctions Return to Business Following Florence

Manheim Wilmington is reopening this Friday. Operations were shut down last week in preparation of Hurricane Florence, which had less of an impact on the...

https://www.autodealertodaymagazine.com/350996/auctions-return-to-business-following-florence
Categories: Auto Finance, Dealer Ops, Digital, Showroom, Training

The company continues to hire support staff to meet the needs of dealers and has invested millions in technology improvements, officials announced this week.

https://www.autodealertodaymagazine.com/351010/dealersocket-announces-significant-investment-in-customer-service-support
Categories: Auto Finance, Dealer Ops, Digital, F&I
Black Book HAV Data Now Integrated Into defi SOLUTIONS’ LOS Platform

Defi SOLUTIONS is the first loan origination platform to include Black Book’s History Adjusted Valuations data feed. Users can now identify undesirable...

https://www.autodealertodaymagazine.com/351011/black-book-hav-data-now-integrated-into-defi-solutions-los-platform
Categories: Auto Finance, Dealer Ops, F&I

Total outstanding auto portfolio balances reached $1.27 trillion through May, the first time balances have surpassed $1.25 trillion.

https://www.autodealertodaymagazine.com/351027/total-outstanding-auto-portfolio-balances-top-1-25-trillion
Categories: Auto Finance, Compliance, Dealer Ops, F&I
AG Coalition: CFPB Has 'No Authority to Overrule' High Court’s ECOA Interpretation

A coalition of 14 attorneys general warned CFPB Acting Director Mick Mulvaney against taking any action to reinterpret ECOA as not providing for disparate...

https://www.autodealertodaymagazine.com/351037/ag-coalition-cfpb-has-no-authority-to-overrule-high-courts-ecoa-interpretation
Categories: Auto Finance, Dealer Ops, F&I

Two years ago, zero percent finance deals accounted for 14.6% of transactions. Last month, they only accounted for 7.4%. Edmunds analysts point to higher...

https://www.autodealertodaymagazine.com/351038/edmunds-zero-percent-finance-deals-evaporate-in-august
Categories: Auto Finance, Dealer Ops, F&I
Experian: Finance Amounts, Monthly Payments Reach New Highs in Q2

Affordability remains a concern despite finance sources continuing to tighten underwriting standards, according to the firm. Consumers, however, seem...

https://www.autodealertodaymagazine.com/351042/experian-finance-amounts-monthly-payments-reach-new-highs-in-q2
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Through July, J.D. Power’s Adjusted Used Vehicle Price Index stood at 119.3, which is 4.7 percentage points higher than the year-ago period. The firm said...

https://www.autodealertodaymagazine.com/351047/j-d-power-dealers-affordability-behind-overall-strength-of-used-market
Categories: Auto Finance, Dealer Ops
Najar Joins Portfolio Sales Team

Retail expert and industry veteran Joseph Najar brings 25 years of technology and retail automotive experience to his new role as a reinsurance specialist...

https://www.autodealertodaymagazine.com/351056/najar-joins-portfolio-sales-team


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