Thanks to the rise of Artificial Intelligence (AI), the world of auto sales is in the process of significant change. With its ability to analyze vast amounts of data and quickly perform complex tasks, AI is reshaping the auto sales landscape and revolutionizing the way dealerships interact with customers, manage…
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Shifting Landscape: The Future of Auto Financing and Dealerships
The world of auto financing and dealerships is currently undergoing a transformative period. Disruption and innovation are working together to reshape this industry. It’s important…
What Dealerships Need to Know About Autonomous Vehicles
While self-driving cars may sound like something from a science fiction movie, at Bay Motor Finance we’re getting ready, and we want to help our…
Is the Vehicle Inventory Shortage Over?
For the past few years, it’s been easy to see the effects of vehicle inventory shortages that began in 2020. The COVID-19 pandemic played a…
FTC Addressing Auto Sale Add-ons, Price and Financing Disclosures, Yo-Yo Sales, and More
The Federal Trade Commission (FTC) is a federal agency that actively aims to provide American consumers with the proper and needed protections across many different…
Bay Motor Finance’s Outlook for Vehicle Sales in 2023: Used or New Cars?
Due in part to the COVID-19 pandemic, the outlook for new car sales is less stable now than at any time since the production shutdowns…
Consumer Fraud in the Auto Industry is on the Rise
From duplicating keys to hacking into onboard security systems, there are many ways for criminals to steal a car. In most cases, that takes knowledge…
