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Category: Online F&I

Internet Car Buying

Dealer Track CEO Mark O’Neil gave an insightful keynote, ending with the topic of Internet car shopping.  He described several features of a business-to-consumer (B2C) buying process, including online F&I.  Since Dealer Track offers all of these features today, I wonder if Mark is planning a move into the B2C space.

Author Mark ViragPosted on October 6, 2009Categories Online F&ITags B2C, DealertrackLeave a comment on Internet Car Buying

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Mark Virag

@ViragConsulting ·
21 Sep 2102037123721252993

This multi-state settlement with CAC includes an injunction against "packing auto-loan contracts with unwanted Vehicle Service Contracts (VSC) and Guaranteed Asset Protection (GAP) products."

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AG Nessel Joins $694 Million Multistate Settlement with Subprime Auto Lender Credit Acceptance...

www.michigan.gov

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Mark Virag

@ViragConsulting ·
16 Sep 2100209587727061081

The AI Follow-Up Gap: Why Dealers Are Losing Customers Between the Lead and the Appointment.

It's the sales funnel! The top of the funnel has gotten a lot of attention. Follow-up, not so much. Dave Purgason gives the example of emailing a CarFax report, versus reading it and

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Mark Virag

@ViragConsulting ·
13h 2104920881126633646

Incentives tick up on ICE and hybrid vehicles, average monthly payment now $800, and SAAR at 16 million. Sales roundup here from @GuyDealership

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OEM incentives tick up across ICE, hybrid models

Total incentive spend tops $3.5K in September. (4 min. read)

news.dealershipguy.com

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Mark Virag

@ViragConsulting ·
28 Sep 2104611162084249950

Congrats to my former colleagues at RideNow @RideNowPwrsprts on their refinancing. The chart shows momentum up, and I think they may be a "buy."
$RDNW

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RideNow Group, Inc. Announces $220 Million Senior Secured Term Loan Refinancing; In Advanced...

RideNow Group, Inc. (NASDAQ: RDNW) today announced that it has entered into a new term loan credit agreement with ...

finance.yahoo.com

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