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THIS IS HUGE — U.S. House Votes To Curb CFPB Lending Guidance

THIS IS HUGE — U.S. House Votes To Curb CFPB Lending Guidance

Good to see common sense reform for Automotive Dealers, THIS IS HUGE!   Check out this article for my information.   We can help your dealership with our real-world solutions from F&I Training to Compliance checks. Email us at info@pinnacledealersoultions.net Let’s Connect! Twitter: https://twitter.com/pinnacledealers  Facebook: https://www.facebook.com/pinnacledealersolutions/  Linked In: https://www.linkedin.com/company-beta/12897853/  Website: https://pinnacledealersolutions.net/staging/7467 How can we find you?

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Pinnacle Key Plus Powered by Tile is Here!

Pinnacle Key Plus Powered by Tile is Here!

Axiom® and Pinnacle Dealer Solutions Announce Strategic Distribution Partnership to Promote Pinnacle Key Plus Featuring Tile Technology   ST. LOUIS – Axiom Product Administration, the exclusive automotive channel distributor of Tile® in North America, has entered into a strategic distribution partnership with Pinnacle Dealer Solutions, a California-based automotive MGA. Through this agreement, Axiom will support…

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Subprime in 2018

Subprime in 2018

Automotive loan balances expected to continue to grow in 2018. Serious delinquencies are also on the rise. The shift in lending toward lower risk consumers will help cushion the market over the next few quarters. Read below for the full report. TransUnion: Subprime Pullback to Continue in 2018 We can help your dealership with our…

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Turnovers: Make it Happen

Turnovers: Make it Happen

Much like defensive coordinators in the NFL, every dealership’s goal should be turnovers. But are you doing everything you can to insure that they are happening? Sales training helps but we really need to do is get out on the floor and get involved with deals. Read the article below about ‘Getting Off Your Axle’…

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The Future of Automotive Retail

The Future of Automotive Retail

Industries change overnight these days & automotive retail is not immune.  It is so important that as an industry we make strides toward the future. With changing profit structures comes ample opportunities that need to be seized in order to stay relevant. It is time to embrace the change and open our minds to the…

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CFPB Changes & New NCLC Report

CFPB Changes & New NCLC Report

What do the new CFPB regulation changes mean & what how will the NCLC report come into play? A report from the National Consumer Law Center revealed inconsistent and discriminatory price markups on F&I products over a span of six years in all 50 states and the District of Columbia. The data set included information on…

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Subprime Near-Record Low in Q2

Subprime Near-Record Low in Q2

Automotive loans hit a record high in the second quarter of $1.1 trillion while subprime hits near-record low. Deep subprime hit a record low of 3.45%. What do you think? Will these trends continue or will lenders loosen the reigns? Subprime Pullback Continues in Q2 by Melinda Zabritski We can help your dealership with our real-world…

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Statements vs. Objections

Statements vs. Objections

Do you listen & understand the meaning behind your customers words? You may be sacrificing customer satisfaction & profit. Make sure you are understanding the reasoning behind your customers words, they may just need more information or maybe they are trying to decide how to pay for it. Never let an assumption kill a conversation….

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Always Be Closing!

Always Be Closing!

A lot of things in this industry are constantly changing but one thing will always remain. You have to be able to ask for a sale with urgency & confidence. The industry favors taking care of customers’ needs and this is a great read about how the F&I Professional can remake the ABCs with a…

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