Dealers Cite Lack of Lender Transparency as Obstacle to Deal/Pricing Clarity
According to the findings, dealers agree there is a trust deficit and understand that consumers want transparency — though many are inhibited from going as far as customers expect them to go, due to concerns about profitability.
Manheim Reinforces Vital, Long-Term Importance of Physical Auctions to Clients, Industry
Through August, Manheim U.S. operating locations processed over 25,000 used EVs, representing a 43% rise from the same period in 2022.
Mastermind, Reynolds and Reynolds Integration Now Available
This integration increases the accuracy of Mastermind’s in-market buying predictions and customer messaging and automatically drives engagement by sending customer information from Reynolds and Reynolds to the Mastermind platform.
Prejudging Creditworthiness Can Cost You Sales
Today, there are better loan products for consumers whose creditworthiness isn’t reflected in traditional credit scoring metrics.
All the Buzz from Texas
Another NADA show is in the books and, like most of the people I spoke with, I’m energized about what I saw for the future of our industry.
Take Advantage of Super Bowl Viewership to Try New Advertising Strategies for EVs
Interactive CTV ads allow a user to click their remote to set a sales appointment or get a trade-in quote.
DealMaker Launches: Hybrid, Pre-desking Solution for Digital Retailing
eLEND Solutions adds ‘real deal’ digital finance solution to its suite of digital credit and identification solutions to eliminate frictions and profit leaks in the vehicle purchase process
J.D. Power Launches Online Ordering for the New-Vehicle Sales Channel
J.D. Power announced its launch of J.D. Power Online Ordering, a product designed to reduce the friction of completing a new-vehicle transaction online.
CULA Sets New Record in 2022 with $2.7 Billion in Vehicle Leases
Credit Union Leasing of America (CULA) set a new record in 2022 for lease originations with $2.7 billion in leases, surpassing their single year record of $2 billion set in 2021.
Karmak Announces Acquisition of Mobile Dealer
Karmak, Inc. announced that they have acquired Mobile Dealer.