The Used Market is Promising ... If You Customize Your Offerings
Because of the reductions created by "Cash for Clunkers" and because consumers and rental companies are holding onto their vehicles longer, the supply for used cars has dwindled. However, according to Tom Kontos, executive vice president for customer strategies and analytics at ADESA Analytical Service, wholesale used-vehicle prices will continue to rise through the end of the year as a sellers' market holds its momentum.
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Make Sure You Partner with Providers that Understand the Value of Training
With the pressure to increase F&I profits on each transaction, training is essential for any F&I team. Even in tough times, staying up to date on the latest trends and best practices in F&I needs to be a top priority.
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Identity Theft Rates are up 22 Percent
Almost 10 million people were affected by identity theft in 2008 — a 22 percent increase from 2007, according to the Javelin Strategy & Research Center, which studies identity theft.
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Guide to Handling Objections: Identity Theft
With an increase in occurrences of 22 percent plus the impact of Red Flag Rules, identity theft should be at the top of your mind. This month's Guide to Handling Objections features Identity Theft Protection.
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