Understanding Your Business Better
No! Of course not! Dealerships aren’t lenders, right? They sell cars, not bank accounts or credit cards. But where do auto loans fit into this category? After all, dealerships do sell those, don’t they? When a customer purchases a vehicle and secures a loan through a dealership, who is the creditor at the time of […]
Simplicity Finance and Insurance Increases Product Penetration, Enhances the Consumer Experience, and Ensures Compliance EFG Companies, the innovator behind the award-winning Hyundai Assurance program, today announced the launch of its virtual F&I model, Simplicity Finance and Insurance. With Simplicity Finance and Insurance, dealers can expect to generate upwards of more than $1,000 PRU, get more […]
It’s official. Auto sales have plateaued. Dealerships across the U.S. are reporting low sales numbers in comparison to last year. Manufacturers have increased incentives, but no one’s taking the bait. These headlines give reason for pause and contemplation on the future of the retail auto market. But, let’s take a step back for a second. […]