Shawn Ryder

JANUARY 18, 2025

Understanding the interplay between leasing and gap coverage is crucial to preventing potential financial setbacks in the unfortunate event of a total loss. Leasing can come with lower monthly payments compared to financing, making it an attractive option for many consumers. This is where gap insurance comes into play.

Gap Insurance 52

Gap Insurance Insurance Lease Payment Lessee 52

Shawn Ryder

JANUARY 17, 2025

Low Down Payment: A smaller down payment increases the likelihood of negative equity, particularly when combined with quick-loan financing. Understanding how negative equity can develop is crucial in deciding how to handle it when purchasing your next vehicle, whether to enhance your current finances or to invest in a newer model.

Down Payment 52

Down Payment Gap Insurance Fair Market Value Insurance 52

Shawn Ryder

JANUARY 17, 2025

If youve filled out a credit application thinking about financing but later decided to purchase the vehicle with cash, you may wonder whether youve made a mistake. Common Situations for Prepayment Penalties: They are more frequently seen in mortgages or personal loans but can occasionally affect automobile financing.

Prepayment Penalties 52

Prepayment Penalties Gap Insurance Down Payment Banking 52

Shawn Ryder

FEBRUARY 7, 2024

When you’re dealing with car dealerships, whether buying a new car or getting service on your existing vehicle, you might encounter several terms that aren’t immediately clear. F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles.

Gap Insurance 40

Gap Insurance Term Extended Warranty Insurance 40

Shawn Ryder

MARCH 12, 2024

Understanding the various fees, financing options, and scrutinizing the fine print can make a significant difference in the outcome of a car deal. These fees cover the expense of transporting the vehicle from the manufacturer to the dealership. Another aspect to consider is the cost of financing.

Finance 40

Finance Deal Gap Insurance Extended Warranty 40

Canadian Auto Dealer

MARCH 30, 2024

To confidently present finance and insurance products, business managers must be well-versed in the intricacies of extended warranties, GAP insurance and more. These traits set the stage for overall dealership satisfaction. Most dealerships invest in comprehensive F&I training for the business managers.

Gap Insurance 52

Gap Insurance Extended Warranty Insurance Finance 52

Autosoft

APRIL 11, 2024

Reading Time: 5 minutes 10 Ways to Unleash the Potential of Your Dealership’s F&I Department April 11, 2024 Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction. Let’s have a look at the top 10 strategies: 1.

Insurance 52

Insurance Gap Insurance Finance Extended Warranty 52

Autosoft

MARCH 25, 2024

Unleashing the Potential of Your Dealership’s F&I Department March 25, 2024 Bryce Veon 7 mins read Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction. Let’s have a look at the top 10 strategies: 1.

Insurance 52

Insurance Gap Insurance Finance Extended Warranty 52

Canadian Auto Dealer

JUNE 3, 2024

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). F&I at the Dealership. This shift highlights a trend towards more immediate, value-driven purchasing decisions.

Gap Insurance 52

Gap Insurance Sales Insurance Demographic 52

Turbo Marketing Solutions

JUNE 13, 2024

Content marketing, when wielded correctly, has a knack for luring in potential customers for car dealerships. Car dealerships can utilize content marketing by creating helpful and informative blog posts, videos showcasing vehicles, and engaging with potential customers on social media. Now, let's talk more about lead generation.

Dealerships 52

Dealerships Sales Marketing Insurance 52

Canadian Auto Dealer

MARCH 1, 2024

New products and technologies mean the dealership’s business offices need new offerings and training Like the classic hit foretelling how “video killed the radio star,” dealerships are eyeing the threat of a similar disruption as EVs charge into our business offices.

Gap Insurance 52

Gap Insurance Extended Warranty Finance Insurance 52