According to Black Book, the lifetime value of a customer to an auto dealership exceeds $50,000. More than any other step in the sales process, vehicle delivery plays the key role in setting your dealership up to capture that value. Why delivery? Because it’s the one part of the sales experience customers remember most. Ask […]
The (not so) Secret Sauce to Capturing Lifetime Customer Value Read More »
The post-pandemic narrative about non-prime borrowers and their impact on the independent auto dealer goes something like this: Federal stimulus monies during the pandemic artificially inflated disposable incomes and helped many consumers pay down debt and buy new and used cars. Supply chain snarls choked the availability of chips most vehicles depend on just as
Agora Data’s Steve Burke on New Technologies Providing Solutions to Successful Loans Read More »
Auto Remarketing named Daniel Burke, CIO / CSO of Agora Data, to its 2022 “40 Under 40” list. The accolade recognizes current and next-generation leaders of the used-car business making big differences in the industry and at their respective companies. “I’m honored to be named to the Auto Remarketing “40 Under 40” list,” said Daniel
Auto Remarketing Names Daniel Burke to its 2022 “40 UNDER 40” List Read More »
Agora Data, Inc., the FinTech company transforming automotive financing by providing U.S. independent auto dealers and finance companies precision loan performance analytics and access to ample, affordable capital, closed a $100 million revolving credit facility with Credit Suisse Group AG. This latest transaction facility allows Agora Data to accelerate and expand its ability to deliver
Agora Data Secures $100M Credit Facility From Credit Suisse Read More »
We are honored to be among Auto Remarketing’s AR500 2022’s “Most Influential Companies” for the second year in a row. View The full Auto Remarketing’s August2022 edition here.
Agora Data brings modern tech to auto lenders What do you get if you take decades of experience in the automobile and finance industries and merge it with a quality machine learning model? In Steve Burke’s case, you get Agora Data, a company that helps any size of auto dealer compete with the big corporations
Steve Burke on Bringing Modern Tech to Auto Dealers in Interview with Fintech Nexus News Read More »
Significant changes are coming to Current Expected Credit Losses (CECL). Jim Bass from Agora Data joins hosts Steve Levine and Richard Hudson on the Ignite Consulting Partners webinar to discuss what’s coming and how it will affect your business. Listen to the full webinar below.
Agora Data’s Jim Bass Joins Ignite Webinar to Discuss Mandatory Changes Coming to CECL Read More »
Lawrenceville, GA (June 15, 2022) – Black Book, known in the automotive industry for providing timely, independent, and precise vehicle pricing and analytics, today announced the integration of its VIN-specific valuations and insights into the Agora Data product suite.
Black Book Integrates its Automotive VIN Data into Agora Data Product Suite Read More »
Agora Data SVP of Strategic Relationships, Jim Bass, talks to Auto Remarketing Podcast host Nick Zulovic on the potential impact on auto dealers with the implementation of Current Expected Credit Loss (CECL) accounting standards.
Why CECL ‘Is About to Get Real’ Read More »
During 1980, inflation reached double digits, and the Fed Funds Rate soared to 20%. It was a good time to invest in CDs, but not for taking out a loan to purchase a home or an automobile. Pre-pandemic, the Fed Funds Rate was 1.75% and we experienced an inflation rate of 1.9%. During the height
Rising Interest Rates Are Back. What’s Your Plan? Read More »
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