Financing

Auto loan fraud has been growing exponentially in recent years, especially here in the U.S. where it is considered to be detrimental. As we head into 2023, loan fraud, especially in the digital space, is expected to continue its rise. For both lenders and dealerships, the risk of selling to consumers who use fake identification…

Have you ever heard the phrase, “buy here, pay here”? In the dealership world, this is a common way to describe in-house financing. For potential customers, the thought of one-stop shopping is an appealing one, especially when it comes to getting loans for their desired purchases. Take the auto industry, for example. By the end…

To offer financing as a used car dealer can give your business a leg up on your competition. Purchasing a new or used vehicle, boat, or RV is both exciting and daunting for consumers, who will want to get the best deal possible. Over half of all U.S. consumers choose to finance their used car…