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stimulus

New batch of stimulus checks issued to 1.8M recipients, and they...

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As part of the American Rescue Plan Act, stimulus checks are being issued to eligible recipients by the Treasury Department and Bureau of the...
financing

Are fixed operations financing options necessary?

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According to AAA, the average vehicle service invoice cost is now between $500 and $600 in the US. That pricing has been exacerbated by the pandemic...
cryptocurrency

Tesla buys $1.5 billion in Bitcoin, will sell cars for cryptocurrency

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On Monday, Tesla announced a purchase of around $1.5 billion USD in Bitcoin, the world’s most well-known cryptocurrency. A filing with the Securities and...
F&I

All-time high new vehicle prices a reason to emphasize F&I products

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As CBT News has reported previously, the average new vehicle listing price broke through the $40,000 ceiling in December 2020. Throughout the year, average term...
buyers

Q4 car buyers making bigger purchases, putting more money down

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During the fourth quarter of 2020, the average down payment for new vehicle buyers increased notably from $4,329 a year ago to $4,734. Over...
digital retailing

Are Digital Retailing Tools Promising More Than They Can Deliver?

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Digital Retailing or DR for short is the latest and greatest thing, dominating press releases, blogs and discussions at NADA 2019, unseating ‘AI’, ‘machine...
compensation plans

How to Compensate Your Team

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On this week's episode of Kain & Company, David Kain talks about compensation plans and how to pay your team members fairly.