Are you a small auto dealership looking for help staffing your F&I department? Or are you looking for ways to downsize on-premises staff in favor of a fully remote F&I team that can still get the job done right without negatively impacting your customer’s experience? Either way, a worry-free, turnkey F&I team with Vantage Finance [...]
Trying to find an establishment that offers hassle-free commercial and business finance can be quite an overwhelming process—especially if you are a newer business entity. You have to take the time to research all your options, what they offer, and more. The good news is that there are many wonderful options, including Vantage Finance, that [...]
What is Guaranteed Asset Protection? Guaranteed asset protection (GAP), also called “gap” insurance, covers the difference between a vehicle’s actual cash value and the amount that is still owed on the vehicle in the event that it’s determined a total loss. A total loss could be an accident that causes the vehicle to become undrivable [...]
Cars are a global necessity, and the auto industry shows no signs of slowing down soon. With the constant demand for vehicles, auto dealerships are realizing how important it is to partner with reputable finance companies to provide loan servicing for their customers. According to FICO's 2019 Consumer Survey, 63% of customers in the U.S. [...]
People with a poor credit score or purchase history may have difficulty in financing a vehicle purchase. This is why it is important to partner with a finance company that will be an asset to your auto dealership. They can help pair you with reliable creditors to assist with financing. One of such reputable finance [...]
On average, car repairs cost between $500 to $600. That’s a considerable sum that leaves many in debt each year. As a result, interested clients opt to either postpone or cancel an auto purchase for fear of not being able to pay their dues. The good news is that a vehicle service contract can help [...]
Buying a car is not as easy as it sounds. There are a lot of things that you need to consider before you decide on purchasing one, as this decision will make a big difference to your finances in the future. Planning to buy a car is not just about selecting the color or the [...]
In 2019, 85 percent of purchases on new passenger vehicles were financed in America. For the first time, the average monthly loan payment rose to $554 due to higher average loan amounts and high APRs. This left countless Americans overpaying on their auto loans, and in 2020, America experienced its highest unemployment rate since the [...]
The average loan for new passenger vehicles surpassed $32,000 in 2019, with the average first-time monthly loan payments rising to $554. Coupled with high APRs and lengthy loan terms, countless Americans pay thousands towards the interest on their loan alone. Like many Americans, you may be asking, “Can you refinance a car loan?” Refinancing options [...]
The automotive industry in America hit record highs in 2019 with an estimated $1.2 trillion in outstanding car loan balances. Today, 85% of new passenger vehicles are financed, with the average first-time loan payment rising to $554 a month. If you’re like many Americans, you may be paying an auto loan that is too costly. [...]