On this week’s episode of F&I Today
Becky Chernek interviews Bill Liatsis, CEO of CreditIQ, to discuss why dealers need to be proactive about offering online solutions to vehicle purchasing and F&I product options.
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Credit access hits 11-year high as loan terms grow longer than ever
On the Dash:
Auto credit access rose for a fifth straight month to its highest level since April 2015.
Loans longer than 72 months reached a record 31.8% share of...
Picking the right profit participation structure for your dealership
Dealers should judge every profit participation program on three pillars, which are underwriting, fees and investment income. Ascent Dealer Services Vice President of Sales James Mercer and Vice President of...
Why dealers should bet on F&I as front-end margins shrink
Thin front-end margins and affordability pressure are pushing dealers to find profit in other parts of the store. On today’s edition of CBT Live, Adam Marburger, President and CEO of Ascent...
72% of F&I offices use 4 or more software systems, CDK study finds
On the Dash:
72% of F&I offices use four or more software solutions, creating opportunities for workflow disruptions and duplicate work.
Integrated systems can reduce manual data entry and errors...
