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AI & CAR SALES PART 2 OF 5

PREDICTIVE ANALYTICS Your dealership probably possesses an abundance of data. If your sales, marketing, service, and F&I departments utilize a Customer Data Platform (CDP), it’s likely that you...

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AI & CAR SALES PART 3 OF 5

With the help of AI, dealerships can analyze customer preferences, behaviors, and online interactions to create messages that truly resonate with each customer’s unique interests and needs. This could...

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AI & CAR SALES PART 4 OF 5

Customer Behavior Forecasting Indeed, understanding customer behavior has always been crucial in the business world. However, with the advancements in AI, businesses, including those in the auto...

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AI & CAR SALES PART 5 OF 5

As AI continues to evolve, we can expect further advancements that will shape the future of auto sales and marketing. It’s an exciting time to be part of the industry, and the journey has just begun....

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SHORTER CONTRACT TERMS IN THE AUTO INDUSTRY

Experian’s State of the Automotive Finance Market Report revealed that average contract terms in the auto industry are continuing to decrease. This trend persists despite rising interest rates, as...

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61% OF U.S. CONSUMERS LIVE PAYCHECK TO PAYCHECK

It has been revealed in the latest edition of the New Reality Check: Paycheck-To-Paycheck research series, conducted by LendingClub Corp. in collaboration with PYMNTS, that a significant number of U.S....

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2023 Non-Prime Automotive Financing Survey

The 2023 Non-Prime Automotive Financing Survey results showed the positive impact that non-prime auto financing can have on consumers. The data indicated the median three-year increase in FICO score...

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Banks increasing buffers to prep for higher rate of defaults

Deloitte Center for Financial Services recently published a report on the 2024 Banking & Capital Markets Outlook. They stated that “banks’ strategic choices will be tested as they contend with...

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January 21, 2024 POSTAGE RATE CHART

                  Click below for an updated USPS rate chart BEBDATA POSTAGE CHART 2024-01

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Consumer BK on the Rise

The rise in consumer filers seeking bankruptcy protection is expected to continue in 2024.  Various factors, such as the pandemic stimulus reductions, increased interest rates, and historically high...

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