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The Clairmont Automotive Report

Tuesday, October 27, 2026

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F&I

Total losses sink claim satisfaction, a GAP signal

Total losses are now 26% of claims vs. 16% four years ago. A quarter of financed total-loss claimants were paid less than they owed, and those claimants gave the lowest scores, per J.D. Power. The shortfalls show why buyers need a clear explanation of the gap between an insurance payout and a loan balance.

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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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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New payment-shopping tool for dealers

PaymentIQ aims to bring credit qualification earlier in shopping, starting identity checks and prequalification from a phone number.

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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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