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Categories: Auto Finance, Dealer Ops, F&I

While speed is no longer a leading factor, it still plays a significant role, according to J.D. Power's 2016 U.S. Dealer Financing Satisfaction Study. The...

https://www.fi-magazine.com/322550/j-d-power-speed-no-longer-top-consideration-when-selecting-finance-sources
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The Consumer Financial Protection Bureau’s small-dollar lending rule would neither adequately protect borrowers, nor address the risks created by the shift...

https://www.fi-magazine.com/322552/pew-cfpb-small-dollar-rule-would-not-adequately-protect-borrowers
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Wholesale prices for vehicles up to eight years in age fell 2.3% in July, tying June for the biggest drop recorded so far this year, according to the NADA...

https://www.fi-magazine.com/322553/julys-2-3-drop-in-wholesale-prices-ties-june-record-nadaucg-reports
Categories: Auto Finance, Dealer Ops, F&I

Asbury increased its F&I per-copy average 3% to $1,436 in the second quarter. But total F&I gross profit fell due to a 'Choppy' retail environment,...

https://www.fi-magazine.com/322556/asbury-choppy-retail-environment-drives-down-q2-fi-gross-profit
Categories: Dealer Ops, F&I

Organizers of the upcoming Compliance Summit have announced that Automotive Compliance Education (ACE) will be offering free headshot photography to every...

https://www.fi-magazine.com/322557/update-your-headshot-at-compliance-summit
Categories: Auto Finance, Dealer Ops, F&I

CU Direct's credit union network was the No. 3 auto loan originator in the first quarter. However, the network posted the highest year-over-year growth in...

https://www.fi-magazine.com/322558/cu-direct-network-grows-origination-volume-16-4-through-q2
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Three Dallas-area dealerships have agreed to pay $85,000 to settle charges that they violated a 2014 Federal Trade Commission (FTC) administrative order...

https://www.fi-magazine.com/322560/texas-dealers-agree-to-pay-85-000-for-deceptive-advertising
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

For the sixth consecutive year, ADESA Northwest was selected as the U.S. Bank Auction of the Year in the marine/RV segment. .

https://www.fi-magazine.com/322563/u-s-bank-names-adesa-northwest-auction-of-the-year
Categories: Dealer Ops, Digital, F&I

Organizers of the upcoming Industry Summit have announced that Automotive Mobile Solutions (AMS) is offering a free year of mobile wallet geofencing...

https://www.fi-magazine.com/322564/ams-to-sponsor-mobile-wallet-giveaway-at-industry-summit
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

The wholesale value of 2008-2014 model-year cars continued to fall last week, according to Black Book’s Market Insights report. While many of the familiar...

https://www.fi-magazine.com/322571/black-book-wholesale-car-values-falling-at-fastest-pace-this-year


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