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Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
NADA Issues Analysis of 2021 Auto Sales, 2022 Sales Forecast

Moving into 2022, NADA anticipates new-vehicle sales of 15.4 million units – an increase of 3.4% from 2021.

https://www.agent-entrepreneur.com/366910/nada-issues-analysis-of-2021-auto-sales-2022-sales-forecast
Categories: Auto Finance, Dealer Ops, F&I, Industry
Auto Financing Gets Easier

It’s easier than ever to get credit, if you can find a vehicle, says Andy Mayers of Cox Automotive.

https://www.agent-entrepreneur.com/366843/auto-financing-gets-easier
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
BLACK BOOK: Weekly Market Update

As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.

https://www.agent-entrepreneur.com/366715/black-book-weekly-market-update-7
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts

Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.

https://www.agent-entrepreneur.com/366566/new-data-shows-delinquencies-remain-low-amid-rising-average-vehicle-loan-amounts
Categories: Awards, Compliance, Dealer Ops, F&I, Industry, Showroom, Summit Updates
Nominations Open for F&I Pacesetters and 2021 Dealer of the Year

Presented by F&I and Showroom magazine and sponsored by Spectrum Automotive Holdings, the annual awards program recognizes dealerships with highly...

https://www.agent-entrepreneur.com/366243/nominations-open-for-fi-pacesetters-and-2021-dealer-of-the-year
Categories: Auto Finance, F&I, Industry
Latest Figures on Lease Credit Approvals Showing a Slight Decrease for September

Lease credit approvals reached 67.6% in September; Down from 71.3% in August, according to Swapalease.

https://www.agent-entrepreneur.com/366289/latest-figures-on-lease-credit-approvals-showing-a-slight-decrease-for-september
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.agent-entrepreneur.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.agent-entrepreneur.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.agent-entrepreneur.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.agent-entrepreneur.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.agent-entrepreneur.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.agent-entrepreneur.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.agent-entrepreneur.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...

https://www.agent-entrepreneur.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.agent-entrepreneur.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.agent-entrepreneur.com/365730/latest-figures-on-lease-credit-approvals-showing-an-increase-for-july
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales
Q2 Lease Trends Report Shows More Drivers Opting for Longer Lease Terms

Brands with unfavorable lease policies continue to see lower brand loyalty.

https://www.agent-entrepreneur.com/365641/q2-lease-trends-report-shows-more-drivers-opting-for-longer-lease-terms
Categories: Auto Finance, F&I, Fixed Ops, Industry
Millions Postponed Auto Loan Payments During Pandemic, But Most Loans are Current Today

TransUnion study finds borrowers used auto loan deferments as a safety net during the COVID-19 crisis.

https://www.agent-entrepreneur.com/365170/millions-postponed-auto-loan-payments-during-pandemic-but-most-loans-are-current
Categories: Actuary, Awards, Compliance, Digital, F&I, Industry, Meet the Executive, Product & Technology, Sales, Summit Updates, Training
F&I Tip of the Week: Lease-Complementing F&I Protections

Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar...

https://www.agent-entrepreneur.com/324761/fi-tip-of-the-week-lease-complementing-fi-protections
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Weekly Market Insights Report

The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical...

https://www.agent-entrepreneur.com/364582/black-book-market-insights-report-2


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