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Warrantywise appoints new Dealer Sales Director

Motor Trader

Duxbury will oversee all aspects of dealer operations, including customer relations and key partnerships. Duxbury began his career at Warrantywise as a dealer account manager and eventually a field sales manager. He then held the role of regional manager and sales director at Momentum Warranties.

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccessOnline

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. Dealer Response: Strategies to Support Customers Auto dealers can play a vital role in helping their customers navigate these inflationary pressures.

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Select Car Leasing partners with MotorEasy

Motor Trader

Mark Tongue, Joint CEO and Founder of Select Car Leasing, said: “The collaboration provides additional peace of mind to Select’s extensive database of customers and also introduces MotorEasy’s membership of more than one million car owners to some of the most competitive lease deals on the market. Alloy Insurance begins at £6.50

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Based on CFPB Documented Consumer Complaints, Are Junk Fees Really in the Spotlight?

AutoSuccessOnline

It’s notable, for example, that consumer complaints about managing an auto loan or lease in 2023 spiked by 77% and that CFPB supervisory highlights have recently focused on end-of-loan problems, such as GAP refunds and failing to automatically debit final payments. These complaints offer a valuable form of compliance intelligence.

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Mastering the many faces of F&I

Canadian Auto Dealer

The best F&I managers have a unique set of skills: business focused yet super customer focused A day in the life of a business manager, much like the iconic Beatles song, is often like a pendulum swinging between different personalities. Sales skills are at the heart of an F&I manager’s toolkit. If only it was.

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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. The F&I manager will also offer additional products such as extended warranties and GAP insurance.

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Overselling can hurt F&I sales

Canadian Auto Dealer

Overwhelm your customers and they buy less A December 2023 white paper by CDK Global sheds light on some evolving dynamics in automotive, particularly in the world of Finance and Insurance (F&I departments). One of the key findings of the white paper revolves around the effectiveness of F&I managers in pitching products.

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