F&I Monthly
 
WardsAuto Daily

DECEMBER 16, 2022

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Auto Loan Amounts Continue to Rise, Experian Reports

Dealers increasingly rely on credit unions to snag low rates for buyers.

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EV Leasing Striving to Spark Consumer Interest in U.S.

Leasing has declined in general in 2022, but EV leases seem to have taken a bigger hit than those of traditional powertrain vehicles. Experian says the EV leasing rate in the third quarter was 9.88%, compared with 18% of all vehicles.

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‘People Problems’ Slow FTC’s Safeguards Rule

Dealerships struggle to hire qualified experts to guide their stores toward compliance that ensures customer privacy.

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Car Dealers Face Scammer Spike

The pandemic has changed much in the auto industry, “and that is particularly true when it comes to fraud,” says eLend CEO Pete MacInnis.

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