Your Help Needed for Important Research

AutoFinanceNews.net is conducting an important research study to better understand the lender-dealer relationship from the dealer perspective, and we ask for your help. The research endeavor is intended to help lenders gain better insights on dealer views and practices as they relate to certain aspects of finance, such as negative equity.

To help, we ask that you send an email to your dealer-clients, asking them to fill out the short survey. For doing so, they will receive a report analyzing the results of the study. Study results will also be shared with AutoFinanceNews.net members.

Please refer dealers to http://www.surveymonkey.com/s/fandi.

We are seeking to secure as many responses as possible today, so there's an urgency to get the message out to dealers.

Thanks in advance for your help. We hope the study is beneficial to the industry.

Tags: F&I, dealers, dealerships, research, study

0 members like this

Comment by JJ Hornblass on April 28, 2011 at 9:42am: We are still looking to further develop the data set referenced above. I urge you to invite your dealer-clients to participate in the survey at http://www.surveymonkey.com/s/fandi.

Comment by William Fowler on May 2, 2011 at 5:37pm: JJ

I looked at your survey and you are on some of the right points that wil more then likely be an issue concerning the Governments Fair Lending issues. However these questions are not getting to the real points I think will be their main issues.

The want more open transparancy between customer, dealer and lender. That is the reason I started building a software program several years ago becuase I saw this whole problem coming.

My company will address most of the issues I thnik will be coming up in the not to distant future:

Dealers, lenders, and other financial institutions are required or will be required to provide more transaction transparency, reporting, and accountability to the customer during the origination process.

Because of these new requirements balancing data security with business user needs for easy, anytime, anywhere information access is a challenge that many dealers and lenders face. E-net's secure, compliant, SaaS, private cloud system links all parties and their information in a secure system while making lender and risk model decisions. This process enhances capabilities in data management, multiple party online communication, lender risk model analysis, risk management, storage, and compliance. Then it encripts and up loads the data to the proper parties

If you would like to have a demo you could see exactly what I am talking about. Maybe I'm wrong but this has been building for a long time and the writing on the wall his pretty clear to me.

Bill Fowler 360-437-5098