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The F&I Newsletter for 07.05.14

 

Stories that appeared in our weekly F&I Report Newsletter

 
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JIM HENRY
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Don't do much leasing? Better bone up

12:01 am U.S. ET | July 2 |

Leasing's not just for luxury brands anymore. It's spreading to mass-market brands too, experts say.

 

Dealer-backed laws limit captives' power to compel sales of branded F&I products

12:01 am U.S. ET | July 2 |

Several states have adopted laws that limit the power of automakers' captive finance companies and preferred lenders to compel dealerships to sell F&I products backed by ...

 

Courting F&I business: A primer for lenders

12:01 am U.S. ET | July 2 |

What do F&I managers really want from auto lenders? Availability, for one thing, says F&I veteran Sarah Richard Denton. ...

 

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Hyundai Capital offers free credit scores

12:01 am U.S. ET | July 2 |

Hyundai Capital America has begun rolling out a program to offer customers free access to their FICO credit scores, starting with Hyundai and Kia buyers who get their loa ...

 

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At Miami store, no more 'beat up' customers

12:01 am U.S. ET | July 2 |

F&I managers at Dadeland Dodge-Chrysler-Jeep in Miami are responsible for the gross profits from both vehicle sales and F&I and handle vehicle purchase negotiations with ...

 

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2-year leases take off at Toyota

12:01 am U.S. ET | June 30 |

Toyota is seeing a strong shift into two-year leases this year, a trend that promises quicker customer turnarounds and fuller used-car inventories down the road. ...

 

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INSTANT GRATIFICATION

Until Macans arrive, buyers offered short leases on other Porsches

12:01 am U.S. ET | June 30 |

U.S. buyers of the new Porsche Macan, which went on sale in May, face a wait of more than six months for delivery. So the company is trying to keep potential Macan buyers ...