Recent Articles


The Credit Bureaus Concur: Subprime Auto Loans are Trending Downward The Credit Bureaus Concur: Subprime Auto Loans are Trending Downward

TransUnion, Experian, and Equifax have all released reports or data in the last few weeks that show subprime lending is on a downward trend while originations in other risk tiers are steadily increasing.

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Auto Loan Delinquency Rates are Decreasing Auto Loan Delinquency Rates are Decreasing

Auto loan delinquency rates have been dropping ever since consumers and the country have rebounded from the recession, but recently, we’re seeing something different in the subprime sector – where delinquency rates are rising.

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Dealership Satisfaction with Lenders Depends on Relationship Dealership Satisfaction with Lenders Depends on Relationship

Similar to last year, the 2018 J.D. Power Dealer Financing Satisfaction Survey found that dealer satisfaction with lending partners depends on fast and meaningful communication with credit staff.

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Dealership Goal Setting: Align Sales and Other Departments with Dealership Goals Dealership Goal Setting: Align Sales and Other Departments with Dealership Goals

It’s no easy task running and managing a dealership. Because the automotive market is constantly changing, coming up with goals for your store can be both exciting and challenging.

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Bring in Buyers, Not Shoppers, with New Dealership Marketing Strategies Bring in Buyers, Not Shoppers, with New Dealership Marketing Strategies

We’ve all heard the phrases “stick to what you know” and “you gotta change it up.” When it comes to marketing strategies, both of these are true. It’s all in how you use the dealership marketing strategies you’ve learned over time, while keeping an open mind to new automotive marketing ideas, especially when you’re focusing on attracting new customers.

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How Your Dealership Can Succeed in a Tightening Subprime Market How Your Dealership Can Succeed in a Tightening Subprime Market

The latest data from Equifax shows that lenders are continuing to tighten up and pull back from subprime auto lending. At the same time, delinquency rates are rising, so the subprime slowdown is likely to continue.

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Taking Advantage of Growing Used Car Sales Taking Advantage of Growing Used Car Sales

There's a growing shift of vehicle sales from new to used as consumers look for value and off-lease cars continue to return to market. Dealerships should consider these sales trends and factor them into their inventory decisions.

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Dealership Service Departments Lose Money When They Say 'No' Dealership Service Departments Lose Money When They Say 'No'

A recent study from Marchex showed that automotive service operations are hurt financially when employees say 'No' and other negative responses to callers. Dealership service departments can use this report to identify ways they can improve and be able to use positive responses more often.

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Stop Wasting Time Chasing Leads and Focus on Selling More Cars Stop Wasting Time Chasing Leads and Focus on Selling More Cars

Improving efficiency is a key goal that many dealerships strive for every day. Our automotive BDC focuses on screening leads to fit your dealership’s qualifications, and preparing these customers to walk through your door ready to buy.

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The Most Successful Car Dealerships Follow a Consistent Sales Process The Most Successful Car Dealerships Follow a Consistent Sales Process

Pied Piper recently ranked each automotive brand by how their dealerships treat car shoppers. Pied Piper found that the best performing dealerships have a sales process in place that salespeople stick to each and every time.

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3271 Five Points Drive, Suite 200
Auburn Hills, MI 48326
Phone: 888-535-2277
Fax: 248-370-6601
Phone: 888-535-2277 - Fax: 248-370-6601

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