John Sternal's Blog (397)

PROTECTIVE ASSET PROTECTION F&I PRODUCT SURVEY SHOWS HOW THE PANDEMIC HAS ALTERED THE WAY DEALERS OFFER F&I OPTIONS TO CUSTOMERS TODAY

Expanded F&I Options Online, Increased Used Vehicle Sales Play a Larger Role in F&I Transactions Today

 

CHESTERFIELD, MO (June 9, 2021) – Protective Asset Protection, a leading provider of F&I programs, services and dealer owned warranty company programs, announced the results of its latest industry survey today, which illustrates how the pandemic impacted the sales of F&I…

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Added by John Sternal on June 9, 2021 at 9:35am — No Comments

SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING A SLIGHT DECREASE FOR MAY

Lease Credit Approvals Reached 69.9% in May; Down Slightly from 70.7% in April 

  

CINCINNATI, OHIO (June 8, 2021) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 69.9% approval rate in May. The approval rate is a very small decrease from the 70.7% approval rate in April.  

 

The May…

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Added by John Sternal on June 9, 2021 at 9:18am — No Comments

PURECARS ANNOUNCES THE ALL NEW PRO DEALER PLATFORM

Pro Dealer Represents a Disruptive New Approach to Automotive Martech that is Built to Deliver More Profit Margin and Lower Waste on Every Transaction …

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Added by John Sternal on June 2, 2021 at 9:03am — No Comments

PURECARS INDUSTRY SURVEY SHOWS WHERE CONSUMERS ARE MOST LEVERAGING DIGITAL RETAILING ONE YEAR INTO THE PANDEMIC

Survey Also Reveals How Changing Advertising Trends Are Reshaping Which Channels And Tactics Are Driving More Customers Into Showrooms 

 

ATLANTA – (May 17, 2021) – PureCars, a leading provider of digital marketing technology and services for automotive dealers, today announced results of its latest industry survey that shows which digital retailing…

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Added by John Sternal on May 17, 2021 at 11:18am — No Comments

PURECARS BECOMES CERTIFIED AS A KIA CANADA DIGITAL ADVERTISING PARTNER

Partnership Becomes PureCars’ 17th OEM Certification; Business Intelligence Digital Advertising Tools Help Dealers Lower Cost Per Sale 

 

ATLANTA – (April 20, 2021) – PureCars, a leading provider of digital marketing and advertising insights for automotive dealers, today announced it has become certified as a Kia Canada Digital…

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Added by John Sternal on April 20, 2021 at 10:52am — No Comments

APRIL AUTO LEASE PAYMENTS DOWN SIGNIFICANTLY FOR MANY LUXURY CAR BRANDS While Most Luxury Car Lease Payments Decrease Monthly Rates, Select SUVs Greatly Increase Rates

CINCINNATI, OHIO (April 19, 2021) – Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings for the month of April. Many lease payments are holding steady from March to AprilCompact cars, full-size cars and large pickup…

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Added by John Sternal on April 19, 2021 at 5:07pm — No Comments

SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING ANOTHER SLIGHT INCREASE FOR MARCH

Lease Credit Approvals Reached 72.9% in March; Up Slightly from 70.8% in February  

  Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.9% approval rate in March. The approval rate is a slight increase from the 70.8% approval mark in…

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Added by John Sternal on April 14, 2021 at 12:24pm — No Comments

SWAPALEASE.COM LAUNCHES LEASE SWAP PROGRAM FOR USED AND CERTIFIED PRE-OWNED LEASE DEALS

More Manufacturers Are Launching Used Lease Pilot Programs   

 

Swapalease.com, the nation’s largest car lease marketplace, announced today it has launched a Used Lease Swap program that makes it easier for drivers of used leases to exit their lease contract by finding someone else to take over the remaining portion…

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Added by John Sternal on April 12, 2021 at 11:17am — No Comments

February Auto Lease Payments Down for Honda and Toyota Brands

While Many Lease Payments Hold SteadySome Brands Decrease Monthly Rates While Others  

Test an Increase in Rates 

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on…

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Added by John Sternal on March 22, 2021 at 11:37am — No Comments

MARKET SCAN CONSUMER SURVEY EMPHASIZES THE IMPORTANCE OF OFFERING CONSISTENT PAYMENT QUOTES DIGITALLY AND IN THE SALES SHOWROOM

Consumer interest drops dramatically when showroom offers are just $50 different from what consumer was quoted online  

 Market Scan Information Systems, Inc., an industry-leading automotive SaaS / PaaS solutions and data provider, today announced results from a recent consumer survey it completed focused on consumer behavior associated with automotive digital retailing. The survey…

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Added by John Sternal on March 18, 2021 at 8:07am — No Comments

SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING SLIGHT INCREASE FOR FEBRUARY

CINCINNATI, OHIO (March 15, 2021) –Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 70.8% approval rate in February. The approval rate is a slight increase from the 68.3% approval mark that opened up…

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Added by John Sternal on March 15, 2021 at 11:17am — No Comments

Why New Production Sources of Tungsten Are Critical for Increased Global Supply

In the last year, there has been an explosive need for EV batteries. All car manufacturers seem to be following in the same footsteps as Tesla. In fact, Jaguar plans to become an “all-electric luxury brand” by 20251 as mentioned on ABCNews. This shift is also taking place in other motorized segments including trucks and mining machinery. With the COVID pandemic wreaking havoc on the U.S. and global economies with businesses and manufacturers having to close doors and…

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Added by John Sternal on March 1, 2021 at 3:37pm — No Comments

SWAPALEASE.COM RELEASES ITS FOURTH QUARTER LEASE TRENDS REPORT FROM 2020

Tesla and BMW Continue to Steal Marketshare from High-End Competitors

 

Swapalease.com, the nation’s largest car lease marketplace, unveiled today its lease trends report from the fourth quarter of 2020, offering insight and perspective into the auto lease trends shaping today’s automotive retail and consumer preferences. Click here to…

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Added by John Sternal on February 17, 2021 at 9:03am — No Comments

JANUARY AUTO LEASE PAYMENTS UP ON SEVERAL SUV BRANDS WHILE OTHERS SLASH PRICES

While many SUV Brands Decrease Lease Payments, Others Increase Monthly Rates After the New Year to Meet the Segment Average

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings for the month of January. While many truck lease payments have remained steady, SUV lease pricing is experiencing a split in both increases and decreases – depending on the…

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Added by John Sternal on February 12, 2021 at 11:06am — No Comments

Inovatec Systems Corporation Receives SOC 1 Type II and SOC 2 Type II Attestations

Independent Audit Verifies Inovatec’s Internal Controls and Processes

 

Inovatec Systems Corp., a provider of industry-leading, cloud-based software solutions for all financial institutions, today announced that it has completed its SOC 1 Type II and SOC 2 Type II audits, performed by KirkpatrickPrice. These attestations provide evidence that Inovatec has a strong commitment…

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Added by John Sternal on February 3, 2021 at 8:59am — No Comments

Lease Credit Approval Rates Rise to 72.7% in December

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.7% approval rate in December.  The approval rate is significant considering approval ratings hit a low of 63.8% in April, the lowest rate reported since January of 2018.

With the holiday season being an optimal time to buy or lease a vehicle, it is no surprise that approval ratings saw an increase in December. According to Experian’s…

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Added by John Sternal on January 13, 2021 at 9:01am — No Comments

Wantalease.com: Pickups and SUV Lease Payments Increase Entering December

Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings entering the month of December.  While most automotive brand payments remained steady, many SUV and pickup models saw payment increases. 

Among the most notable are the Ford Ranger, with a +14.86% increase from…

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Added by John Sternal on December 15, 2020 at 4:05pm — No Comments

PURECARS AND ASBURY AUTOMOTIVE GROUP EXTEND RELATIONSHIP FOR DIGITAL ADVERTISING SOLUTIONS

Innovation & Collaboration Have Driven Down Advertising Costs While Enhancing the Retail Customer Shopping Experience

PureCars, a leading provider of digital marketing and advertising insights for automotive dealers, today announced it has extended its relationship to provide digital advertising services to Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S.

Even before…

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Added by John Sternal on December 9, 2020 at 10:23am — No Comments

PureCars and Facebook Conduct Joint Study on Impact Social Marketing Tools Have on Dealers Cutting Advertising Expenses

Study Showed Higher Website Traffic and Retargeting Leads Through Lower Advertising Spend

PureCars, a leading provider of digital marketing and advertising insights for automotive dealers, today announced it has completed a joint study with Facebook on the impact social marketing tools have on dealers that are more heavily reliant upon digital retailing while cutting advertising expenses.

During Q1 of 2020, Facebook and PureCars studied online and offline engagement…

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Added by John Sternal on December 2, 2020 at 10:21am — No Comments

Swapalease.com Launches "Mobility Leasing by Swapalease" Program To Help Auto Dealers Serve Customers With Existing Leases Exit Their Contract For Immediate Shopping

Program Eliminates Dealers Turning Away Shoppers Who Have Time Left on Lease Contracts

Swapalease.com, the nation’s largest car lease marketplace, unveiled today its newest program aimed at helping automotive retailers whose customers are looking to change vehicle leases before the contract has fully expired. The new program, called “Mobility Leasing by Swapalease”, is a unique marketplace infrastructure dealers and OEM partners can utilize to help customers…

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Added by John Sternal on December 2, 2020 at 10:09am — No Comments

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