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Categories: Auto Finance, Compliance, F&I

The Association of Finance & Insurance Professionals (AFIP) announced that Judy Vann Karstadt, president of JV Solutions, is the first person in the United...

https://www.fi-magazine.com/352431/afip-honors-first-to-attain-master-certification
Categories: Auto Finance, Dealer Ops, Showroom, Training
KBB Puts September's SAAR at 17.5 Million

Kelley Blue Book said replacement demand driven by hurricanes Harvey and Sandy is already being felt in some areas. The firm predicts that will continue...

https://www.fi-magazine.com/323455/kbb-puts-septembers-saar-at-17-5-million
Categories: Auto Finance, Dealer Ops, Showroom, Training

Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all segments, according to the vehicle...

https://www.fi-magazine.com/322957/black-book-luxury-depreciation-spikes
Categories: Auto Finance, F&I

John Vecchioni, the F&I Professor, reveals the best objection-handling technique he’s ever come across. United Car Care’s national trainer also explains the...

https://www.fi-magazine.com/352972/video-tip-of-the-week-handling-objections
Categories: Auto Finance, F&I

The average interest rate for new-car loans rose in June, while the amount financed decreased, according to the latest Federal Reserve Statistical Report.

https://www.fi-magazine.com/317867/average-interest-rate-rises-in-june-says-federal-reserve
Categories: Auto Finance, Compliance, F&I

The Association of Finance & Insurance Professionals has partnered with LightSpeed, an interactive virtual training system provider, to host its online...

https://www.fi-magazine.com/322143/afip-online-training-now-on-lightspeed
Categories: Auto Finance, Dealer Ops, F&I
Head of Wells Fargo Dealer Services Set to Retire this Year

Wells Fargo announced this week that Dawn Martin Harp, the head of Wells Fargo Dealer Services, is set to retire this year, after more than 20 years of service.

https://www.fi-magazine.com/322859/head-of-wells-fargo-dealer-services-set-to-retire-this-year
Categories: Auto Finance, Compliance, Dealer Ops, F&I
FTC Charges Arizona Group With Falsifying Incomes on Consumer Credit Apps

According to the regulator, this was the FTC’s first action alleging income falsification by dealerships. Charged are the owners of Tate’s Auto Group, which...

https://www.fi-magazine.com/351106/ftc-charges-arizona-group-with-falsifying-incomes-on-consumer-credit-apps
Categories: Auto Finance
AFSA 2019: We See Some Weakness

Speakers at the American Financial Services Association’s 2019 conference brushed off any suggestion of a recession striking the U.S. economy this year but...

https://www.fi-magazine.com/356155/afsa-2019-we-see-some-weakness-1
Categories: Auto Finance

Kbb.com lists Audi, Lexus and Cadillac as the top luxury brands, while Kia, Hyundai and Honda dominated among all non-luxury brands for lowest average total...

https://www.fi-magazine.com/319405/kbb-com-names-top-manufacturers-with-best-total-cost-of-ownership
Categories: Auto Finance, Dealer Ops
Maritz, Northwood Partner for Internship Program

Maritz and Northwood University announced a program designed to develop the next generation of automotive industry leaders through student internships,...

https://www.fi-magazine.com/356347/maritz-northwood-partner-for-internship-program
Categories: Auto Finance, Dealer Ops, F&I

Chase will provide Maserati North America dealers with retail financing and leasing under the Maserati Capital USA brand. Chase will also provide commercial...

https://www.fi-magazine.com/322271/maserati-chase-sign-auto-finance-agreement
Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Manheim revealed on Monday plans to segment its physical operating locations into two divisions: Local & Mobile and National. The firm also revealed the two...

https://www.fi-magazine.com/322047/manheim-to-launch-new-market-structure-in-2016
Categories: Auto Finance, Dealer Ops, Digital, Showroom, Training

Through the integration, users of GoMoto's Customer Experience platform will be able to offer Kelley Blue Book's appraisal tool as part of the initial...

https://www.fi-magazine.com/322292/gomoto-adds-kelley-blue-book-integration-to-platform
Categories: Auto Finance, Compliance, Dealer Ops, F&I

Reynolds Document Services has released the Reynolds LAW Washington F&I Library, a comprehensive catalog of standardized, legally reviewed F&I documents...

https://www.fi-magazine.com/321951/reynolds-releases-fi-legal-library-for-washington-dealers
Categories: Auto Finance, F&I

DealerTrack Holdings Inc. today announced that the number of active lenders connected to its DealerTrack credit application network has reached 1,000 U.S....

https://www.fi-magazine.com/319072/dealertrack-credit-application-network-reaches-1-000-lenders
Categories: Auto Finance

AppOne, a part of Wolters Kluwer Financial Services, announced Monday that Dow Louisiana Federal Credit Union (DLFCU) is the first lender to join AppOne’s...

https://www.fi-magazine.com/317462/dow-louisiana-federal-credit-union-joins-wolters-kluwer-appone-platform
Categories: Auto Finance, F&I

While saying the credit markets and the economy still face hurdles, the National Association of Credit Management (NACM) reported that its October Credit...

https://www.fi-magazine.com/318089/key-credit-index-shows-expansion
Categories: Auto Finance, Dealer Ops

New-vehicle retail sales through September were at their highest level since 2005, but the rise in new-vehicle transaction prices is what has really...

https://www.fi-magazine.com/321225/avg-new-vehicle-transaction-price-up-3-900-since-2009
Categories: Auto Finance, Dealer Ops, F&I

The dealer group's U.S. F&I operations increased its per-copy average by $26 to a record $1,564. Including operations in the United Kingdom and Brazil, the...

https://www.fi-magazine.com/322324/group-1s-u-s-fi-operations-delivers-record-q1-performance


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