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The Clairmont Automotive Report

Tuesday, October 27, 2026

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F&I

New payment-shopping tool for dealers

Ignited Services and FlexPath DXP launched PaymentIQ, which prequalifies shoppers and verifies identity starting from a phone number, per Auto Remarketing. The tool could bring credit qualification earlier in the shopping process.

Sources: Link

More from this issue

The other stories from Tuesday, October 27, 2026.

GM moves listing to Nasdaq

GM will move its shares to Nasdaq on Nov. 17. The ticker stays GM, and shareholders need take no action.

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Mercedes lowers its 2026 guidance

Mercedes cut its car-margin outlook to 2–3%, citing China and higher material costs. Full results are due Oct. 28.

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New-car supply builds to 82 days

New-car supply reached 82 days, but Toyota and Lexus remained tight while Jeep, Dodge and Ram sat at 149-plus days.

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Cox contains VinSolutions intrusion

Cox says it quickly contained suspicious activity in VinSolutions with no disruption. A limited group of affected dealers will receive disclosures.

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Used prices flat, EVs slide

The CARFAX used index barely moved in October, while hybrid and EV listings fell. Price trends still vary widely by segment.

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Sienna Hybrid seat-back recall

Toyota recalled 228,367 Sienna Hybrids over second-row seat backs that may unlatch in some frontal crashes. The remedy is free.

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Audi e-tron and Lexus NX recalls

New recall filings cover battery fire risk in some Audi Q4 e-trons and blank warning displays in some Lexus NX models.

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Kia keeps EV6 pricing

Kia kept all seven EV6 trim prices unchanged for 2027. Prices run from $37,900 to $53,000 before destination.

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Asbury F&I per unit holds steady

Asbury held F&I income per vehicle nearly steady at $2,176, but lower volume pulled total F&I revenue down 9%.

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Asbury completes TCA and Tekion rollouts

Asbury completed its Total Care Auto and Tekion rollouts across its stores in October.

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Total losses sink claim satisfaction, a GAP signal

A quarter of financed total-loss claimants received less than they owed, J.D. Power found. Those borrowers gave the lowest satisfaction scores.

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Interest costs outrun car prices

Lifetime loan interest has climbed much faster than vehicle prices since 2019. Used down payments are near zero, according to Cox.

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BHPH funding tightens

Some lenders are restricting buy-here, pay-here credit lines after Car-Mart's liquidity strain, dealers told Auto Finance News.

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Captive leasing cools

GM Financial lease originations fell 26% in Q3 after the federal EV credit expired. Dealers are looking at used-vehicle leasing.

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Earnings this week and next

Sonic and Credit Acceptance report Oct. 29. Assurant follows Nov. 3 after the close.

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← Back to the Tuesday, October 27, 2026 issue