“The Ecosystem of Consumer, Dealer, a Lender” | with Andy Mayers a 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 FaI, 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, a 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 FaI, 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 ----- Episode Sponsor: Dealertrack FaIcreates 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
