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Category: News

Jul 12
2022

How Much To Budget For Car Maintenance and Repairs

You know that sinking feeling when you see the “check engine” light illuminate your dashboard or hear strange noises coming from under your hood? That’s the dread of having to take your car to the shop and not knowing how you’ll pay for the repair. National auto chains like Pep Boys, Midas and Firestone offer […]

Jul 12
2022

FTC’s proposed rules on car dealer ads, F&I would hurt customers, independent dealers say

The National Independent Automobile Dealers Association on Friday said the Federal Trade Commission’s proposed new advertising and finance and insurance rules would hurt consumers and make vehicles more expensive. The trade group estimated compliance would require at least $1.4 billion during the next 10 years, “driving up prices for consumers and making the car-buying process […]

Jun 04
2022

7 Tips to Save Money at the Airport

You spend enough on vacation as it is. The last thing you need is to blow $5 on bottled water, $75 on parking and $200 for an overweight suitcase at the airport. When you’re trying to get from the curbside to the terminal, here are seven hacks to help you save money at the airport. […]

Jun 03
2022

4 Monthly Bills You Shouldn’t Pay Next Month

You’ve done what you can to cut back your spending. You brew coffee at home, you don’t walk into Target and you refuse to order avocado toast. (Can you sense my millennial sarcasm there?) But no matter how cognizant you are of your spending habits, you’re still stuck with those inescapable monthly bills. You know […]

Jun 02
2022

These 3 Companies Help Regular People Borrow up to $250,000

So, you have thousands of dollars in credit card debt, and the burden of paying off all that — and interest — is gobbling up your income. Instead of financially treading water making minimum payments and paying maximum interest, make the smart move, and take out a debt consolidation loan. It’s a personal loan, usually […]

Jun 02
2022

J.D. Power buys F&I tools from car dealer software provider Tail Light

J.D. Power has purchased finance and insurance menu and reporting programs from the auto retail software company Tail Light. Terms of the deal were not disclosed in J.D. Power’s Thursday announcement of the acquisition. “The pace of digital transformation in auto dealerships has been staggering, and the F&I department has been leading that charge with […]

Jun 01
2022

Protective: Dealers should expect participation benefit, retention after AUL deal

Protective Asset Protection also gains a foothold to pitch its F&I products to dealerships using AUL. Karchunas said AUL excels in the high-mileage vehicle coverage and independent dealership markets, but he estimated it might have perhaps 10 to 15 percent of dealership business. “That’s a nice walk-in” Protective can leverage and sell its products, Karchunas […]

Jun 01
2022

Open Road Auto Group to pay $300,000 in 1 of 3 car dealership settlements in New Jersey

Open Road ranks No. 42 on Automotive News‘ list of the top 150 dealership groups based in the U.S., with retail sales of 21,128 new vehicles in 2021. The state said the group had 15 locations throughout New Jersey. None of the three companies admitted any wrongdoing in the settlements, which their attorney called a […]

May 06
2022

Yotta Gives Away $10 Million Every Week. Here’s How to Get Your Share

Here’s the dirty truth — putting money in a regular savings account will do nothing for Future You. Yep, we said it.  The problem is that you still need a savings account for your emergency fund or vacation fund. What is that 0.05% average APY going to do for you? Nothing. Nothing! But a savings […]

May 04
2022

GM Financial boosts profit in Q1 despite low inventory

Loan originations dipped 2 percent to $8.1 billion because of low vehicle inventory, and lease originations plunged 39 percent because of both low inventory levels and few incentives. For the full year, GM Financial expects pretax earnings of $3.5 billion to $4 billion, falling short of the $5 billion in pretax income the captive earned […]