Oct 21, 2024
Current Issue | Dealer Headlines | Finance & Insurance
Brent Burns retiring as head of JM Family; Dan Chait to become CEO
JM Family Enterprises CEO Brent Burns will retire and be succeeded by President and COO Dan Chait. Chait will remain president when he becomes CEO on Jan. 1, JM Family announced.
Oct 16, 2024
Dealer Headlines | Finance & Insurance
F&I data: Fed LIFE Survey finds consumers more challenged by bills
Americans this summer were having a harder time paying bills and feeling greater concern about making ends meet compared with a year earlier, according to the July 2024 edition of the Federal Reserve Bank of Philadelphia's Labor, Income, Finances, and Expectations Survey.
Oct 16, 2024
Dealer Headlines | Finance & Insurance
F&I tip: Be available by phone to the lender on stipulation deal
Dealership staff should be sure their indirect auto lending partners can reach them by phone when a deal is contingent on the customer providing stips.
Oct 15, 2024
Finance & Insurance | Retail
Guest commentary: Know your customer and tailor payment options to fit them
Auto lenders and others should tailor payment options to their customers' preferences, writes PayNearMe CMO Anne Hay.
Oct 14, 2024
Dealer Headlines | Finance & Insurance
N.Y. dealership sues former finance manager, alleges he accepted kickbacks from extended warranty vendor
A former finance manager took hefty kickbacks from a vendor of extended warranty contracts, according to a lawsuit filed by a New York City dealership.
Oct 14, 2024
Company-branded credit cards can be a major win for banks, as they capitalize on customer loyalty to the partner brand along with offers of attractive perks such as cashback and rewards.