Q3 2020 Finance Trends Demonstrate Automotive Industry’s Resilience
As we look at the market in Q3, there were a number of notable statistics that can help lenders identify trends and inform strategy.
As we look at the market in Q3, there were a number of notable statistics that can help lenders identify trends and inform strategy.
By leveraging credit technology, dealerships can process a transaction in less than 30 minutes and put the process in the hands of the consumer.
Learn to effectively serve, help and solve, and increase your personal performance and that of your team while building lasting relationships in and outside of the store.
While instincts are important, it’s even more critical to have access to the right tools and technology that can help lenders spot synthetic identity fraud before it happens.
At a time when it was sink or swim for many dealerships, Brian Kramer rose to the challenge and turned lost time into a digital transformation.
I propose that your F&I and sales disclosure compliance models mirror the sales and F&I processes at dealerships in California — what is required by statute in California, should be considered best practices in the other 49 states.
Audits and raids of workplaces by Immigration and Customs Enforcement are at an all-time high. To avoid liability and ensure that you are complying, you should ensure that you have protocols in place to properly handle any ICE visits or requests.
Online auto retailing is here, it’s vital, and it’s valuable — This expansion has to include evolution in the online F&I presentation to ensure the full scope of revenue opportunity is being captured.
It is critical to look at what happens with your sales team once a lead is submitted. Meet the consumers where they are and you’ll see the sales roll in.
With proper planning and having the right professional team in place, selling your dealership can be a smooth transaction for all parties involved.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In