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It's the second consecutive month of improvement across all channels and lender types, except for captives.
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Access to auto credit expanded again in April, according to the Dealertrack Credit Availability Index for all types of auto loans.
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Dealertrack data show new and used retail sales modestly gained against 2019 pre-pandemic levels in the final week of the year.
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Consumers want digital options in their car-buying process, and dealerships and lenders that provide it will be the big winners.
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The evolution of F&I products, and more specifically how they are sold, has been shifted into high gear.
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In today’s dealership environment, strong data is the play. But keep in mind, it’s not just technology, it’s about the dealership experience.
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The real-time data exchange is designed to streamline and automate a dealer's digital contracting process, resulting in seamless contract submission, reduced errors from manual data entry, and faster deal funding.
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Creating an environment for contactless transactions expedites the current game of catch-up the industry faces and brings a new level of ease and simplicity to registration and title processing – for today and the future.
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Cox Automotive thanks clients for successful effort to adapt during tumultuous year.
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Consumers and dealers alike have turned to digital retailing in spades as we all adapt to being virtual during these challenging times. Two digital experts sat down with AE to discuss the evolution of menu selling, the need to bridge the traditional F&I sales model with digital retailing, and best practices for agents.
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