MAY 25, 2023

Consumers Offered Affordable Financing for F&I Products

Sunbit reports a 30-second application process and 90%-plus approval results.

Thrive Now: Lean Inventory Guide
With inventory challenges impacting nearly every dealer, finding new ways to acquire more vehicles can mean higher profits for those willing to put in the work. Learn five sales strategies specifically developed for lean-inventory times to overcome supply chain challenges, acquire more vehicles, and thrive now.

Reasons Why Consumer Lending Is Ready for an Overhaul

The consumer lending industry’s limitations are becoming more evident, which means it’s time to rethink things and overhaul it in a more holistic, consumer-friendly and inclusive way.

Consumer Confusion on New Tax Credit Rules Will Limit EV Growth

EVs’ 8% market share in the first quarter might have been partially spurred by consumers anticipating a change in the available tax credits. EV sales definitely were gaining momentum. Then the new federal rules let the air out of the balloon.

Subprime Shrinks, Delinquencies Rise

Dealers of brands whose buyers have lower average credit scores may become vulnerable, Cox Automotive researchers say.

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