F&I Archives

Addressing the Affordability Challenge with F&I Products

Blog Post: Addressing the Affordability Challenge with F&I Products The automotive market is facing a growing affordability crisis. With rising vehicle prices, increasing maintenance costs, and persistent economic uncertainties, consumers are finding it harder to manage the financial demands of...

December 12, 2024

Navigating the Regulatory Maze: 16 Key Compliance Rules for Dealerships

Automotive Finance F&I

Navigating the Regulatory Maze: 16 Key Compliance Rules for Dealerships

For dealerships, staying on top of compliance regulations is a complex, yet essential, part of business. From federal to state and local regulations, dealerships must be vigilant to avoid costly penalties. It’s not just about protecting the business but also...

October 10, 2024

Online Vehicle Transactions and F&I Product Offerings: An Insight into the Future of Automotive Retail

Digital Retailing F&I

Online Vehicle Transactions and F&I Product Offerings: An Insight into the Future of Automotive Retail

The rapidly evolving automotive retail landscape was recently highlighted in a comprehensive industry survey undertaken by Protective Asset Protection. Their aim was to grasp the current trends in online vehicle transactions and F&I product offerings from dealerships throughout the U.S....

October 13, 2023

F&I Products: Driving Profit and Customer Satisfaction in the Changing Auto Industry

Automotive Finance F&I

F&I Products: Driving Profit and Customer Satisfaction in the Changing Auto Industry

Auto dealers and their manufacturing partners have long recognized the value of F&I (Finance and Insurance) products in enhancing customer satisfaction and safeguarding the investments consumers make in their vehicles. However, the economic landscape of 2023 has prompted dealers and...

June 23, 2023

DecisioningIT Unveils Online Finance Application Tool for Instantaneous Lender Matching

Automated Decisioning Automotive Finance Automotive Lending Car Dealerships Consumer Credit Credit Approvals Digital Retailing F&I Latest News Marketing Non-Prime Financing Prequalification

DecisioningIT Unveils Online Finance Application Tool for Instantaneous Lender Matching

Source: Yahoo Finance TORONTO, May 29, 2023 /CNW/ – DecisioningIT, a leading technology company specializing in innovative financial solutions, proudly announces the launch of its cutting-edge online finance tool, revolutionizing the automotive lending industry. This groundbreaking tool utilizes advanced decisioning algorithms and...

May 29, 2023

Reynolds acquires American Guardian Warranty Services

F&I Latest News

Reynolds acquires American Guardian Warranty Services

Source: Auto Remarketing – In a transaction one top executive called a “industry changing,” last week Reynolds and Reynolds announced the acquisition of American Guardian Warranty Services (AGWS), a provider of vehicle service contracts, limited warranties and other F&I products...

February 1, 2023

5 EFG executives offer 5 F&I predictions for 2023

F&I

5 EFG executives offer 5 F&I predictions for 2023

Source: Auto Remarketing – Like when two friends share a serious conversation over their beverage of choice, EFG Companies is trying to be straight with dealers about their F&I prospects this year. EFG said through its annual forecast released on...

January 10, 2023

EVs are driving changes in the F&I office—is your dealership prepared?

F&I

EVs are driving changes in the F&I office—is your dealership prepared?

Source: CBT News. As we see an increase in electric vehicle adoption and the supporting charging infrastructure, the sales and buying process at your dealerships will need to evolve. Today on Inside Automotive, we’re pleased to welcome Scott Gunnell, Group Vice President...

September 12, 2022

F&I

Don’t fear the rise of the machines

Source: Canadian Auto Dealer Canadian auto dealer introduces a new column that will tackle the evolving world of AI and machine learning, which are starting to automate many parts of a dealership’s operations. When people think of automation, they think it will...

June 28, 2022

Busting myths about artificial intelligence

F&I

Busting myths about artificial intelligence

Source: Canadian Auto Dealer Some people in your dealership might fear artificial intelligence and machine learning tools, but they are already widely in use whether you recognize them or not. In the last two columns in this space, we took a...

June 28, 2022