Podcast: Vehicle repair costs up 43% since 2019, Synchrony says
Amid sustained inflation, more high-tech vehicles in the market and tariff-induced uncertainty, aftermarket repair costs are steadily climbing. Vehicle repair ...
Tag: Ancillary Products
Off the Lot: Service contracts pose hidden risk in lenders’ portfolio amid tariffsÂ
Much attention has been paid to the ripple effects of ongoing trade tariffs across the auto industry — from vehicle ...
F&I opportunities abound as market resets
Dealers are poised to lean harder on finance and insurance revenue in 2025 amid rising inventory, declining vehicle prices and ...
BNPL picks up at dealerships as repair costs rise 6%Â
Consumers are increasingly leaning on buy now, pay later services for maintenance and parts at auto dealerships as repair costs ...
Aftermarket product chargebacks cut into dealer F&I profit
Chargebacks related to early cancellations of aftermarket products are squeezing already tight finance and insurance profits for dealers. Back-end profits ...
Dealers shift focus to F&I as front-end margins decline
Auto dealers have refocused on increasing finance and insurance profits as front-end margins have declined from pandemic-era peaks. Front-end margins ...
GAP Alliance, Car Pros, Kunes Auto execs join aftermarket products webinarÂ
Auto Finance News is pleased to announce the lineup for the free webinar “Tapping aftermarket products to improve dealer relations ...
Editors’ picks: Top features of 2024Â
Auto Finance News each month takes a deep look at topics defining the auto finance industry. These features provide a ...
