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Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales
Black Book: Weekly Market Update

Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.

https://www.fi-magazine.com/366148/black-book-weekly-market-update-5
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Weekly Market Insights Report

As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.

https://www.fi-magazine.com/366100/weekly-market-insights-from-black-book-2
Categories: F&I, Industry
Latest Lease Credit Approval Report Showing an Increase for August

Lease credit approvals reached 71.3% in August; Up from 70.0% in July.

https://www.fi-magazine.com/366020/latest-lease-credit-approval-showing-an-increase-for-august
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales
Black Book: Market Update

Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth...

https://www.fi-magazine.com/365972/black-book-market-update-2
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

https://www.autodealertodaymagazine.com/365964/record-profits-cash-flow-and-demand-drove-historic-valuations-and-transactions-i
Categories: Dealer Ops, F&I, Industry, Sales, Showroom
New-Vehicle Prices Surge to Record Highs for Fifth Straight Month

At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.

https://www.fi-magazine.com/365909/new-vehicle-prices-surge-to-record-highs-for-fifth-straight-month
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Cox Automotive Forecast: August New-Vehicle Sales Pace Slowest of 2021 Due to Low Supply

August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.

https://www.fi-magazine.com/365837/cox-automotive-forecast-august-new-vehicle-sales-pace-slowest-of-2021-due-to-low
Categories: F&I, Industry, Meet the Executive, Product & Technology
National Auto Care Furthering Aggressive Growth Strategy with Five Acquisitions

National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies and Ace Financial Development...

http://www.providers-administrators.com/365756/national-auto-care-furthering-aggressive-growth-strategy-with-five-acquisitions
Categories: Auto Finance, Dealer Ops, F&I, Industry
New Vehicle Financing Returning to Pre-Pandemic Levels

Inventory shortages continue to push average loan amounts and monthly payments for used vehicles higher.

https://www.autodealertodaymagazine.com/365736/new-vehicle-financing-returning-to-pre-pandemic-levels
Categories: Auto Finance, F&I, Fixed Ops, Industry
Latest Figures on Lease Credit Approvals Showing an Increase for July

Lease credit approvals reached 70.0% in July; Up from 67.6% in June.

https://www.autodealertodaymagazine.com/365730/latest-figures-on-lease-credit-approvals-showing-an-increase-for-july


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