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Dealer Ops

DMS Outage Continues

During the shutdown, dealers are compensating by various means, including handwriting necessary deal documents in many cases. - Pexels/Markusspiske

Shutdown of CDK Global systems that started with Wednesday cyberattacks still being assessed. Auto dealers improvise in the meantime.

A Good Deal

Annualized, nearly 8% of auto loans slipped into delinquency in the fourth quarter of last year. - Pexels/Karolina Grabowska

Rising auto loan delinquencies, though bad news, could be another opportunity for agents to help dealers come down from pandemic highs.

EV Tax Savings Tabulated

Transferring credits to the auto dealer, essentially giving buyers a down payment rather than the consumer waiting to get the money back at tax time, has been popular. - Pexels/Dids

U.S. says $1 billion-plus saved by buyers since the new year, tallies lifetime savings versus gas-powered ownership.

The Key to Key

Assurant

In this video, Dwayne Wiggins with the Automotive Training Academy by Assurant explores how to boost the F&I revenue stream in any deal by selling key-replacement protection.