Wards Dealer F&I Monthly


	OCTOBER 26, 2023

Used BEVs: Another Storm Cloud Ahead for Mass BEV Adoption

Used-BEV values are dropping like stones and over half of franchised dealers are refusing to retail them. Is this a momentary blip or does it indicate another roadblock to mass adoption, with many banks questioning residual values before welcoming BEVs as a substantial percentage of a loan portfolio?

Dealers Struggle to Stock In-Demand Models

Inventories have not recovered from the chip shortage and new challenges emerge as the UAW strike continues, reports CDK Global.

Can Car Dealers Trust AI?

“Right now, artificial intelligence is in no way a standalone tool” for replying to customer reviews, says Widewail CEO Matt Murray.

Combined Auction Platform: The Efficient Road to Profitability

A combined auction platform – which enables dealers to concurrently buy or sell a vehicle through traditional in-person events as well as through digital-only sales – is the solution the industry has been waiting for.