Resources
How Force-Placed Insurance Helps Your Loan Business
Forced-placed insurance is a risk management strategy to protect your auto loan business. Commonly known as Collateral Protection Insurance (CPI), it shifts uninsured risk to a third-party insurance provider. The third-party insurer manages the program and uninsured...
2024 Auto Remarketing Special Finance 175 Honoree
AutoRemarketing Magazine, one of the premier publications in the automotive industry recognizes the value of organizations across a broad spectrum of products and services. Periodically they take time to recognize these companies and in their April 2024 issue they...
Innovate or Fall Behind
Embracing technology isn’t just about cutting costs and staying current – it’s about gaining a competitive edge. Streamlined processes, enhanced security, and better customer experiences are just a few benefits awaiting those who dare to innovate.
Diamond-level Collaboration for NIADA and Empire RRG
In a bold stride toward industry leadership, Chief Operating Officer Eric S. Hurst proudly announces Empire Indemnity Insurance Company Risk Retention Group, Inc.’s ascent to Diamond-level business partnership with the National Independent Automobile Dealers Association (NIADA).
Financial Resilience Roadmap: 2024 Edition
2024 poses a crucial moment for automotive dealers and lenders. The Federal Reserve’s signals about impending liquidity constraints prompt a deeper examination into what they mean and how to tackle looming financial challenges. To navigate the uncertainties and...
Reimaging the Future of Used Car Sales
Don’t be locked into old data Familiarity breeds comfort when it comes to selling cars. Yet, while experience can be a guide, clinging to outdated methods is like driving forward while fixated on the rearview mirror. The age-old question persists: does historical data...
The Three Cs You Need to Know About Force-Placed Insurance
In the ever-changing landscape of Buy Here Pay Here lending, the success or failure of your dealership hinges on the choices you make. The past 18 months have seen seismic shifts in the market, with some once-thriving dealerships now bearing grim “Closed” signs . . .
Auto Remarketing Special Finance 175 Honoree
AutoRemarketing Magazine, one of the premier publications in the automotive industry recognizes the value of organizations across a broad spectrum of products and services. Periodically they take time to recognize these companies and in their April 2023 issue they...
Can You Cut Your Way to Profitability or Sell Your Way to Profitability?
Auto dealers are facing turbulent times. Interest rate hikes combined with inflation and higher delinquencies are cutting the bottom line. The natural instinct is to hunker down, cut expenses, and weather the storm.