Access F&I
Your one-stop shop for finance & insurance news and education.
 

The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
Select the week you wish to review: 
 
 
image

Loan amounts, payments reach new highs

11:00 am U.S. ET | March 4

The average amount financed for a new vehicle reached a record $28,381 in the fourth quarter of 2014, Experian Automotive said today. That was an increase of $950, or 3.5 percent, from the year-earlier quarter and a rise of $582, or 2.
Read More »
()

 

image
Online retail tools are changing F&I jobs, work force analyst says
11:00 am U.S. ET | March 4

The neat organization of dealership F&I departments isn't so neat anymore. And industry researchers believe online retail is the reason why. ...
()

 

image
JIM HENRY
The auto fallout from tax refund delays
11:45 am U.S. ET | March 4

Tax refund season is typically the high point of the year for subprime auto lenders, but so far the early tax refund statistics are down slightly from a year ago. ...
()

 

image
Millennials coming on stream in auto loans, leases
11:00 am U.S. ET | March 4

Millennials get a bum rap as being less interested in driving and cars -- and in auto finance -- than previous generations, TransUnion says in a new study. In fact, mille ...
()

 

image
Toyota Financial explores how to improve e-commerce
11:00 am U.S. ET | March 4

As more shoppers turn to e-commerce as part of buying a car, Toyota Financial Services is turning to its U.S. dealers to find ways to improve its digital offerings. A maj ...
()

 

Santander Consumer USA to pay $9.35 million settlement over military repos
12:01 am U.S. ET | March 4

Santander Consumer USA will pay at least $9.35 million to resolve charges that it improperly repossessed the cars of members of the military, the U.S. Department of Justi ...
()

 

image
GM tells Ally that GM Financial will get all of Chevy's subsidized leases
6:30 pm U.S. ET | Feb. 27 | UPDATED: 2/27/15 9:19 pm ET -- corrected

General Motors has notified Ally Financial that it will steer all of its lease subsidies for the Chevrolet brand to captive finance company GM Financial, instead of shari ...
()