“The Ecosystem of Consumer, Dealer, & Lender” | with Andy Mayers & Emil Banga of Cox Automotive

Today, Derek D talks to Andy Mayers, Lender Solutions Strategist, and Emil Banga, Asst. VP of Operations at Cox Automotive.   

Our guests deliver current insights on the state of automotive F&I, getting to the heart of the consumer’s ability to buy. They also discuss tools and techniques for streamlining the processes around vehicle financing between all parties—consumers, dealers, & lenders.     

Interview Highlights:     

• What to expect in auto sales with stimulus checks and tax returns coming soon to consumers.   
• 2 stats on car buying—one the lowest it’s ever been, one the highest it’s ever been—and how they correlate with each other.   
• 4 of the greatest challenges dealerships are facing in F&I, and how to deal with them.   

“There’s change that’s occurred for the best—for the consumer, the dealer, the lender—that’s going to continue and keep getting better.”     — Emil Banga     

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Episode Sponsor:     

Dealertrack F&Icreates integrated technologies to make the vehicle leasing and financing faster and easier for all parties, from dealers, to consumers, to lenders.

| Dealer News Today is a Dave Cantin Group – Cox Automotive partnership