Tag Archives: Vehicle Service Contract

Former Nissan Dealer to Pay $101,986 for Deceptive Practices

The NY AG’s office has reached a settlement with the previous owner of Saratoga Springs Nissan LLC.  requiring the former car dealer to pay over $100,000 in restitution to 119 consumers who were charged illegal fees and/or subjected to a variety of deceptive sales and advertising practices, according to an Attorney General press release.

Source:  http://www.fi-magazine.com/news/story/2016/06/former-dealer-to-pay-over-100-000-for-deceptive-practices.aspx

Beware of Car Dealership Sales Contracts

According to Consumer report you should carefully read the contract when buying car or truck – or you could end up paying more than you expect.

Full Article:  http://www.consumerreports.org/shopping/beware-of-car-dealership-sales-contracts/

F&I strategies for slow-growth days

F&I profit likely hasn’t reached its peak, insiders say, but most agree that its growth will slow. To maintain strong F&I revenue, dealerships should ensure that they offer the right product mix, thoroughly understand the products and the…

Full Article:  http://www.autonews.com/article/20160622/FINANCE_AND_INSURANCE/306229994/fi-strategies-for-slow-growth-days

Utah Amends Service Contract Regulations

Utah Code, 31A-6a, Chapter 6a Service Contracts has been amended and expands the definition of a Service Contract Reimbursement Policy or Reimbursement Insurance Policy to now read:

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What You Need to Know About Certified Pre-Owned (CPO) Car Programs

Great article outlining benefits and options for Certified Pre-Owned Programs.

Source:  http://www.caranddriver.com/features/what-you-need-to-know-about-certified-pre-owned-cpo-car-programs-feature

EasyCare Names New National Director of New Business Opportunities

EasyCare has appointed Rob Mirra as national director of new business opportunities.

Source:  http://www.fi-magazine.com/news/story/2016/05/easycare-names-new-national-director-of-new-business-opportunities.aspx