Volkswagen’s signature zero-down lease program is conspicuously absent from the factory’s list of end-of-year promotions available to U.S. dealers. +
Every customer will have to make payments and buy gas, insurance and oil changes. No customer should have to pay for unexpected repairs. Product Prep’s Gerry Gould urges dealers to start the F&I conversation in the showroom.
Ignited Services has partnered with FlexPath DXP to create a new tool that sends car shoppers to personalized, affordability-focused landing pages. +
FlexPath DXP’s inaugural Automotive Shopper Credit & Payment Behavior Study proves shop-by-payment tools are not just for credit-challenged car buyers. +
Analysts say average negative equity on trade-ins has passed the $7,000 mark, forcing underwater buyers to pay $165 more per month than the national average. +
A new integration pairs Updation’s AI-powered dealership accounting and management platform with U.S. Bank’s Embedded Payment Solutions suite. +
Edmunds reports new vehicle financing set five new records, including an average amount financed of $44,664 and a $787 monthly payment. +
New and used car buyers borrowed more but secured lower interest rates in the second quarter as competitive monthly payments helped hybrids gain market share. +
Edmunds reports nearly 69% of trade-ins come with an average of more than $13,000 in positive equity despite easing inventory constraints. +
Klarna’s Pay in Full, Pay in 4 and longer-term financing solutions are now available to dealers using Tekion’s AI-powered service scheduling platform. +
