Your Place: Darren Lorentz of CUDL

Your Place: Darren Lorentz of CUDL

Dennis McGinn and Darren Lorentz discuss indirect lending and how dealers benefit from working with credit unions.

In this episode, Rapid Recon Founder and CEO Dennis McGinn speaks with Darren Lorentz, senior vice president of Origence/CUDL.

They discuss indirect lending and how dealers benefit from working with credit unions.

“What we find,” Lorentz said, “is that dealers need those relationships with the credit unions because their customers want those relationships with the credit unions.”

For more from Rapid Recon, visit rapidrecon.com.

For all of the Your Place episodes, where Rapid Recon welcomes guests to
chat about retail automotive markets, strategies and insights, click here.

You May Also Like

NADA 2023: Autel Energy, Portable EV Charging

Autel Energy was at NADA 2023 to promote its 40 kilowatt portable charger that features a screen dealers can use to communicate with customers while the vehicle is charging.

Autel Energy was at NADA 2023 to promote its 40 kilowatt portable charger that features a screen dealers can use to communicate with customers while the vehicle is charging.

Be sure to check it out.  

For more information, visit autelenergy.us.

To view all of our NADA 2023 videos, click HERE.

Your Place: Capturing More Service Opportunities

Rapid Recon’s Dennis McGinn speaks with TraXtion’s Scott Rea about enhancing service lane performance.

Your Place: Survey Says: Consumers Demand Transparency

Rapid Recon’s Dennis McGinn and AutoAp’s Mark Paul discuss the results of a new consumer survey.

Your Place: Special Episode from NADA 2023

Rapid Recon’s Dennis McGinn and Velocity Automotive’s David Penney answer questions about the acquisition by Vehlo.

Your Place: Melinda Zabritski of Experian Automotive

Dennis and Melinda discuss Experian’s State of the Auto Finance Market report and how dealers can use data to their advantage.

Other Posts

Rapid Recon Bridging Broadens Group Dealerships’ ‘Economies of Scale’

Bridging “brings new economies of scale” to group enterprises managing and operating multiple car dealerships, said John Canales, Senior Vice President of Sales for reconditioning software and services company Rapid Recon.

A Big Miss with Big Risk

Without a clear look into their recon pipeline, the sales operation is generally clueless about newly arriving used inventory flowing in real-time into inventory.

Recon Will Sink You in 3Q

If recon accountability is inaccurate, then profit expectations will not be realistic. And specific problems are sure to arise, which will kill sale margin.

Rapid Recon Adds Drive2Five Service

The five-part series of performance modules are delivered one-on-one live in the dealership and via phone team accelerator events.