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

Fueled by domestic brands and the sale of trucks and SUVs, the average price for a new vehicle in June increased 2% from a year to $33,652, according to...

https://www.autodealertodaymagazine.com/322457/kbb-average-transaction-price-rises-in-june
Categories: Auto Finance, Compliance, Dealer Ops, F&I

More than 16,000 independent dealerships will gain the ability to digitally rate, econtract, capture electronic signatures and submit contracts for more...

https://www.fi-magazine.com/322582/frazer-and-fi-express-announce-partnership
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Car lease credit applicants registered a 72.2% approval rate in February, a 33.3% increase from January’s 50% approval rate but flat with a year ago,...

https://www.fi-magazine.com/323012/lease-credit-approvals-jump-33-3-in-february
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Used-vehicle depreciation slowed modestly in June compared to May’s more rapid pace, the firm reported this week, with prices for vehicles up to eight years...

https://www.fi-magazine.com/321795/depreciation-slows-in-june-nada-used-car-guide-reports
Categories: Auto Finance, Dealer Ops, F&I

RouteOne and Chrysler Capital/Santander Consumer USA announced today that they will begin rolling out econtracting to Chrysler dealers toward the end of the...

https://www.fi-magazine.com/322067/chrysler-dealers-to-get-econtracting
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The bureau charged the title lenders with violating the Truth in Lending Act for failing to disclose annual percentage rates in online loan advertisements....

https://www.autodealertodaymagazine.com/322626/cfpb-sues-five-arizona-auto-title-lenders
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training
Pearl Technology Releases Dynamic Payment Calculation Widget for Dealer Websites

The new website widget calculates and displays six different payments to vehicle shoppers in under three seconds, according to company officials. It is...

https://www.autodealertodaymagazine.com/323387/pearl-technology-releases-dynamic-payment-calculation-widget-for-dealer-websites
Categories: Auto Finance, Dealer Ops, F&I

The bank card default rate showed the only decrease in August, falling six basis points from July to 2.86%. Auto loan defaults rose eight basis points to...

https://www.autodealertodaymagazine.com/322620/sp-experian-increase-in-default-rates-gives-little-reason-for-concern
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

The NADA Used Car Guide's used-vehicle price index fell to its lowest level in more than five years in April. Analysts expect prices this year to be down 5%...

https://www.fi-magazine.com/322350/nadaucgs-used-vehicle-price-index-falls-for-the-fifth-straight-month
Categories: Auto Finance, F&I, Fixed Ops, Product & Technology
April Auto Lease Payments Down Significantly for Many Luxury Car Brands

While most luxury car lease payments decrease monthly rates, select SUVs greatly increase rates.

https://www.fi-magazine.com/364580/april-auto-lease-payments-down-significantly-for-many-luxury-car-brands


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