Higher interest rates are putting a damper on customers’ interest in financing their boat purchases. In a recent MRAA Pulse Report Survey, about 8 out of 10 dealers cited high interest rates as the biggest obstacle to customer financing. Low lender approval rates came in second, followed by “perceived values of trade-ins” and “other.” There’s […]
Tag: F&I
RDS Reinsurance Symposium
INDIANAPOLIS – Relentless Dealer Services (RDS), recently announced its “RDS Reinsurance Symposium,” for auto, marine and RV dealerships. “Every day as our team travels throughout the country, we hear questions from dealers interested in learning the detailed opportunities with reinsurance,” said Jamison Carrier, RDS President. “We’ve designed this event specifically to answer those questions.” Although […]
BoatTEST Partners with Elite Direct Finance
(Newport, R.I.) BoatTEST announced today that it has partnered with Elite Direct Finance to offer financing directly from its web platform, the oldest boat-buying content research online site in America, having streamed video for 22 years. “Elite Direct Finance brings the kind of customer service that our readers are looking for when making a […]
Elite Recreational Finance Announces Integration of DocuSign Into Its Elite Management System Platform for Bank Contracts
• eSignature Technology Implementation with Lenders to Help Advance Recreational Finance Industry F&I solutions provider Elite Recreational Finance announces the integration of DocuSign into its Elite Management System platform for bank contracts. “Elite Management System is how we have taken the business we built based on personalized relationships and digitized it to give dealers unmatched […]
Bolster Your Finance Department to Withstand Disruption & Uncertainty
5 Key Areas to Tighten Up to Help Your F&I Department Find Future Success By Jared Zimlin, Director of Business Development, Elite Recreational Finance We are in a time of big changes. Some are positive. Some are negative. Some, well, we just don’t know. Customer expectations of how they purchase big ticket items are changing. […]
Shore Premier Finance Becomes Platinum Partner Member
MINNEAPOLIS — The Marine Retailers Association of the Americas announced today Shore Premier Finance commits to the Association as a Platinum Partner Member. Through Platinum Partner Membership, Shore Premier Finance aligns its brand with the programs and opportunities that MRAA works to provide the dealer body in an effort to fuel the success of the […]
Service Menus Update
Service Menus for boat dealers with an update from David Parker, Parker Business Planning.