AutoSuccess

DECEMBER 20, 2024

In todays competitive automotive service landscape, offering financing options is no longer just a nice-to-have for auto parts and service retailers its a critical tool in the retailers arsenal. The benefits of financing flexibility extend far beyond simply making customer purchases more affordable. The result?

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Finance Retail Automotive Repair Automotive Services 40

Auto Service World

NOVEMBER 16, 2024

Transparent financing practices can make a world of difference in easing their concerns, building loyalty, and establishing a reputation for fairness. This article dives into why transparency matters in auto repair financing. Unclear or misleading financing terms. For many, navigating repair costs is a stressful experience.

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Solera

MARCH 18, 2024

As independent dealers hustling in a competitive market, you’ve probably faced the daunting challenge of getting solid financing. But fear not; we’re breaking down the why and offering game-changing strategies to help you level up your financing game. Your finance revolution starts now.

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Tire Review Magazine

FEBRUARY 1, 2025

The partnership integrates FlexShopper’s tire financing solutions on Tire Agent’s website. This initiative targets near-prime credit consumers who may not qualify for traditional tire financing. The post FlexShopper Partners with Tire Agent on Tire Financing Solutions appeared first on Tire Review Magazine.

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Finance Retail Transportation Automotive 52

Tire Review Magazine

FEBRUARY 1, 2025

The partnership integrates FlexShopper’s tire financing solutions on Tire Agent’s website. This initiative targets near-prime credit consumers who may not qualify for traditional tire financing. The post FlexShopper Partners with Tire Agent on Tire Financing Solutions appeared first on Tire Review Magazine.

Finance 52

Finance Retail Transportation Automotive 52

AutoFix

APRIL 10, 2025

Understanding how to adjust your business finances in 2025 as auto repair costs rise isnt just about survival. It Starts with a Single Conversation Adjusting your shops finances isnt just a reactive move, its a leadership decision. So how do you stay ahead? Its about learning to adapt, improve, and thrive in a changing landscape.

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Finance Auto Repair Auto Repair Shop Service Advisor 52

Tomorrow's Technician

DECEMBER 3, 2024

Over the history of the loan program, DOE has provided billions in financing for American EV manufacturing, including loans to General Motors and Tesla.

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Finance Manufacturing Technical Electric Vehicles 130

AutoShopOwner

MARCH 6, 2024

However, it’s not just our homes that can benefit – our finances can benefit from intentional tidying up and decluttering as well. In this blog post, we’re sharing 5 essential steps to spring clean your finances each and every year. In this blog post, we’re sharing 5 essential steps to spring clean your finances each and every year.

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AutoShopOwner

NOVEMBER 6, 2024

If this sounds like you, we have a solution to keep your finances on track! A well-organized Chart of Accounts (COA) is essential for navigating the complexities of your business's finances. A COA helps you make data-driven decisions for your finances because you have information on spending trends and profitability at your fingertips.

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Auto Service World

APRIL 9, 2025

Now at the helm, Favelle oversees daily operations and staff, while Bornn manages inventory, technical operations and finances. Over the years, they worked their way up through every role in the business, earning journeyman certifications in their respective fields at Red Deer Polytechnic with sponsorship from former owner Gary McIntosh.

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Electricity Finance Customer Service Technical 179

Auto Service World

JANUARY 6, 2025

All Alliance executive leadership teams, including those in information technology, sales and marketing, category management and finance, will continue to report to Washbish. “The Alliance remains the premier independent distribution program group,” JC Washbish said in the announcement.

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Finance Education Management Automotive 263

AutoShopOwner

MAY 22, 2024

Read on to see if your current business finances align with the long-term vision you have and what to do to help you plan for success. At the end of the day, sustainable business is key to long-term sustainable finances. As their business evolves over time, their vision may shift to reflect bigger goals.

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Finance Insurance Management Education 130

AutoSuccess

MARCH 14, 2025

Here are the central themes and proposed actions outlined in the report: AI in Financial Services: AIs increasing adoption in areas like underwriting, fraud detection and customer service is modernizing auto finance operations. Treasury Views AI in Auto Finance appeared first on AutoSuccessOnline. Retrieved from Treasury.gov.

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Finance Management Customer Service IT 40

autoevolution

APRIL 18, 2024

On Wednesday, Tesla announced new financing options in the US and Europe as it tries to fight sluggish de. Tesla is overhauling its operations, affecting everything from the employees to the company's strategy. On Tuesday, Tesla removed all inventory discounts in the US, signaling the end of the price cut era. continue reading. )

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Finance IT 105

Auto Service World

MARCH 14, 2025

On the finance side, AI is being used to process invoicing, payments and credits more efficiently. . “Everybody wants to do it, but no one’s got the time. So how do we use AI to make our education tools more effective and help our people use it more effectively?” ” Funke asked.

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Education Finance Management Trucking 243

Auto Service World

APRIL 10, 2024

A recent survey from Refused Car Finance found that 66 per cent of respondents in the … The post Why some won’t buy an EV appeared first on Auto Service World. High initial costs, range anxiety and lack of charging options are keeping many away from considering buy an electric vehicle, a recent survey found.

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Finance Electric Vehicles Electricity Vehicle 262

AutoShopOwner

APRIL 2, 2025

Separate Business and Personal Finances: This is crucial. Tax Tip #2: Dont Be Afraid to Leverage Technology Technology is your best friend when it comes to efficiently managing the finances in your auto repair business. Implement a consistent system for tracking all your income and expenses throughout the year.

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Auto Repair Shop Auto Repair Banking Finance 130

autoevolution

MARCH 12, 2025

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Fisker Ocean owners were left holding the bag when Fisker filed for bankruptcy, leaving them without support and out of options.

Banking 96

Banking Finance Automotive Marketing Automotive 96

Automotive Training Centre

JANUARY 23, 2024

Finance Managers: Mastering the Financial Side of Auto Sales Finance managers handle the financial aspect of the sales process; they help clients obtain auto loans, explain complex financing choices, and carefully monitor paperwork to guarantee accuracy.

Service Advisor 260

Service Advisor Finance Auto Mechanic Training Management 260

Tomorrow's Technician

NOVEMBER 26, 2024

billion from the Department of Energy Loan Programs Office, pending finalization of financing. EVgo said this expanded partnership is part of its efforts to provide a customer-centric nationwide charging network, supported in part by a recent conditional commitment for a loan guarantee of up to $1.05

Finance 130

Finance Retail IT 130

Automotive Training Centre

OCTOBER 31, 2023

These loans can be arranged in two ways: Loans arranged through a dealer: Most dealers collaborate with a manufacturer’s financing division, banks, credit unions, or independent finance companies. Knowledge is power; the more information a customer has, the better equipped they are to choose the best financing route.

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Automotive Finance Banking Auto Mechanic Training 278

Tomorrow's Technician

NOVEMBER 26, 2024

billion from the Department of Energy Loan Programs Office, pending finalization of financing. EVgo said this expanded partnership is part of its efforts to provide a customer-centric nationwide charging network, supported in part by a recent conditional commitment for a loan guarantee of up to $1.05

Finance 130

Finance Retail IT 130

AutoSuccess

MARCH 19, 2025

According to Experians State of the Automotive Finance Market Report: Q4 2024 , more than 50% of new EV purchases were leases, and EVs accounted for nearly 20% of all new vehicle leases during the quarter. Expanding beyond the EV market, the report showed more financing is comprised of late-model vehicles (model years up to three years old).

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Finance Banking Vehicle Electric Vehicles 52

Jalopnik

JANUARY 8, 2025

A federal judge in Georgia is ordering a bankrupt auto financing company to pay out $42.6 million in damages, restitution and penalties for violating the Consumer Financial Protection Act. It apparently carried out wrongful repossessions , over billing and other awful practices and scams. Sometimes car dealers cannot Read more.

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Finance Car IT 55

Jalopnik

FEBRUARY 7, 2025

If youre in the market for a new Toyota 4Runner I have some bad news for you: Prepare your finances because youre about to get taken for a ride. Not only do 4Runner buyers have to deal with greedy dealership markups , theyre also facing high interest rates if they decide to finance their new SUV. Read more.

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Finance Vehicle 57

AutoSuccess

DECEMBER 23, 2024

Bob and Brian discuss APC s post-sale service contract program, which aims to offer service contracts to customers who either declined them during the finance process or are using the dealership’s service department without one. In this Executive Spotlight interview, Bob Seal of APC speaks with AutoSuccess Brian Ankney.

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Finance Vehicle IT 98

Auto Service World

FEBRUARY 25, 2025

Despite easing pressures in pricing and financing, the broader challenges facing the Canadian economy leave some uncertainty, DesRosiers reported. Looking ahead to 2025, franchised dealers are optimistic, forecasting sales to rise to 426 units, with independents expecting an increase to 182 units. Sourcing remains a significant concern.

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Vehicle Finance Consulting Used Cars 130

Auto Service World

MARCH 4, 2025

Digital tools Cox Automotives research suggested that improved digital tools and advances in AI have revolutionized the car-buying experience, offering a more transparent view of pricing, financing details and inventory availability. Sixty-four per cent of hybrid buyers engaged online tools.

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Car Finance Vehicle Automotive 130

Jalopnik

MARCH 5, 2025

Tesla announced a $0 due at signing or 0 percent APR financing deals for well-qualified buyers.

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Finance 63

Auto Service World

APRIL 15, 2025

Ways to pay will continue to be an area of growth, as higher demands will be put on auto repair shops to offer consumer credit options, easy monthly payment plans and affordable financing to help manage rising repair costs. Building trust and creating convenience through technology is the successful path toward empowering consumers.

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Car Auto Repair Shop Auto Repair Service Advisor 130

Auto Service World

DECEMBER 11, 2024

As the need for larger inventories grew, jobbers increasingly relied on credit facilities to finance stock expansion. Its sale to Entrept Autoparts set the stage for the next phase: A wave of mergers and acquisitions across the industry.

Finance 240

Finance Automotive Services Retail Engineering 240

Automotive Training Centre

DECEMBER 12, 2023

Interest rates have reached their highest levels in years, increasing costs for consumers seeking financing for vehicle purchases. However, with these changes come challenges, particularly economic ones. Workflow efficiency is vital for dealership success, as emphasized in automotive sales training.

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Automotive Auto Mechanic Training Finance Media 288

Auto Service World

JUNE 18, 2024

The 2024 report provides a comprehensive, data-driven analysis of the current market, including consumer buying attitudes, financing trends and detailed vehicle comparisons. Cars.com has released its second annual Affordability Report, highlighting a more accessible retail environment for car buyers.

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Finance Retail Vehicle Car 147

AutoShopOwner

NOVEMBER 19, 2024

Aside from keeping your finances neat and tidy, we also offer business consulting to help you boost revenue. Client Revenue Increases Many people think the sole purpose of hiring a bookkeeper is to keep financial documents and records on track. However, that’s just a sliver of what we do.

Auto Repair Shop 130

Auto Repair Shop Auto Repair Service Advisor Finance 130

Tomorrow's Technician

MARCH 28, 2024

ChargeLab announces the appointment of Kevin Alfred, CFA, CMA, as vice president of finance, and Ariel Maidansky as head of growth. With Kevin leading our finance operations and Ariel spearheading our growth initiatives, we are confident we can accelerate charger deployments in 2024.” and Our Next Energy.

Finance 130

Finance 130

AutoSuccess

NOVEMBER 26, 2024

Personalization and Customization: Texts can be tailored to a customer’s specific interests using data-driven insights, such as updates on a specific vehicle model or financing options. This approach helps build trust, as customers feel less obligated to respond immediately and more in control of the interaction.

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Finance Car Dealership Management Automotive 95

Auto Remarketing

JANUARY 8, 2025

Revolutionizing subprime auto finance For businesses involved in subprime auto financing, blockchain offers transformative potential: Improve credit scoring: Decentralized data can help create more accurate and dynamic credit profiles, enabling lenders to better assess risk and potentially increasing access to financing for underserved populations.

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Automotive Finance Consulting Education 52