David Malone

We know that many dealers have been impacted by the recent Cyberattacks on CDK. And as a result, AutoFi has been inundated with inquiries from dealers, OEMs and Lenders looking for solutions (especially related to desking and working lease deals). We have expedited the onboarding of our current customers on the desking portion of our showroom solution in response, and we are hosting daily webinars starting tomorrow to review best practices specifically around penciling a deal, structuring a deal and submitting for financing using AutoFi. If you are a dealer (current customer or non-customer), register for one of the webinars here:

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Financing is one of the largest profit centers for dealers, so how can it also be one of the biggest frustrations in the car-buying process? With lender guidelines changing, tightening credit, longer hold times and manual processes, it’s becoming harder and harder for consumers to get fast and affordable financing. AI-powered financing changes that — making the process faster and more affordable for all. Learn how Upstart helps dealers provide more competitive rates, boost profitability and sell more cars in our latest video. https://bit.ly/46rNrnX

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Stocking proficiency will be key for dealers in used vehicles, according to vAuto founder and Cox Automotive Inc. executive vice president Dale Pollak, whose new book, Invested, launches at NADA 2025. https://bit.ly/3ZJJqJW #UsedVehicles #NADA2025 #CarDealership #AutomotiveIndustry #CarBusiness #CarSales #AutoIndustry

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CarMax Auto Finance plans to increase its penetration rate in lower credit tiers after affordability challenges continued to hamper sales and origination volume dipped during the first quarter. #autofinance #autoindustry #earnings https://hubs.la/Q02CSDk30

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Cracking the Code: Understanding Dealer Distribution Financing (DDF) Ever wonder how Dealer Distribution Financing (DDF) works its magic? Buckle up, because we're about to dive deeper into the DDF process with a step-by-step breakdown:  Dealership Initiates Sale: A customer expresses interest in a product at your dealer's store.  Financing Offered: The dealer presents financing options available through DDF, catering to the customer's budget.  Simplified Application: The customer completes a streamlined application process directly with the dealer. This streamlined approach removes financing hurdles, allowing for faster sales and happier customers! Unlock the Power of Streamlined Sales DDF offers a win-win for both distributors and dealers. By simplifying the financing process, you can empower your dealers to close more deals and boost your overall sales volume. Ready to unlock the power of DDF? Comment below or send me a DM to discuss how we can implement this powerful tool in your business! #DDF #DealerFinancing #SalesProcess #FinancingSolutions #CashFlow #BusinessGrowth #SalesEnablement #WinWinSituation #Partnerships #B2Bsales

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Vehicle condition reports help dealerships get more for their used inventory by providing honest and upfront information to buyers. Whether you're looking to improve your current process or starting out, this list of questions will help you better understand the purpose, usage, and benefits of vehicle condition reporting: https://hubs.ly/Q02yS0m70 #CarSales #ConditionReports #UsedCars

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🚗 AI Concerns Grow in Dealership Finance Over half of dealership finance professionals now worry about AI’s impact, fearing it may reduce creativity, job security, and personal connections with lenders, according to J.D. Power’s latest study. Balancing technology with the human touch will be key. Read more: https://lnkd.in/ggEcsDgy #AI #Finance #Finance&Insurance #JDPower #SmartAutoCare

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We empower dealerships with a unified platform for comprehensive reporting and data-driven insights: · Accounting: Consolidate financial reports for easy access and drill down into the details with ease. · Variable Operations: Get detailed insights. Analyze sales, PVRs, F&I performance, and more to fuel smarter growth strategies. · Fixed Operations: Optimize service efficiency with dynamic reporting. Identify profit gaps, monitor productivity, and automate the process of finding the most profitable repair order combinations. Unlock the power of data https://viz-auto.com/ #VizAuto #DealershipManagement #BusinessIntelligence #DataDrivenDecisions

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With Benchmark's Inventory Dashboard, you'll have access to key KPIs for your used car and aged inventory, enabling you to make quick in-month adjustments to keep your margins intact. Schedule a demo today. https://benchmarktm.com/ #automotive #autodealers #dealersoftware #dealerships #businessintelligence #dealers

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Digital ad fraud is costing automotive dealerships millions. Is your marketing budget at risk? Learn how to identify suspicious activity, implement effective safeguards, and optimize your digital ad spend. Discover practical strategies to protect your dealership's online investments and maximize ROI. Click through for insights that could save your bottom line. #DigitalMarketing #Marketing #DigitalAdvertising #Automotive https://lnkd.in/gwH-6kqh

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