Pallies auto sales
AutoSales
2018.12.26 23:18 AutoSales
A place to find and or sell used cars near.
2023.03.25 00:19 Full_Stall_Indicator Auto Parts Sales
A subreddit for buying, selling, and trading vehicle-related parts, accessories, and mods.
2008.05.29 21:34 Sales and Selling
Everything you need to know about sales, selling, business development, lead generation, prospecting, closing and more! Recommended books are linked in the menu and sidebar. Read our rules before posting or commenting. Selling, recruiting and blog spam will result in an immediate and permanent ban.
2024.05.15 19:37 TeachingStriking2392 Reid Detmers Topps Now Rookie Auto /25 for sale!
 | Looking for 150 shipped, but price is negotiable! Reach out in DMs! submitted by TeachingStriking2392 to baseballcards [link] [comments] |
2024.05.15 19:35 TeachingStriking2392 Corey Seager Rookie Auto /150 for sale!
 | Looking for 150 shipped with PayPal G&S! submitted by TeachingStriking2392 to baseballcards [link] [comments] |
2024.05.15 19:22 DapperHovercraft2457 Inside Sales Rep Remote Questions
Hello all, I recently applied to the above position and I have some questions about what to expect from the role.
I am currently an account representative in a State Farm office, my primary focus is intended to be Sales, but it ends up being 90% Service (Back and forth with Underwriters, taking payments, assisting with claims, etc.) Can I expect this position to be similar?
When I take an inbound call, is it a warm transfer from a lead provider or a customer that has made a conscious effort to call Allstate specifically or both?
How many calls can I expect in a typical 8 hour shift?
What does my time between calls look like? Do I have time to gather myself or is it back to back?
Do I do any service work?(Adding coverages/endorsements, answer current policy transactions)
Are the inbound callers current or new business or a mixture?
The Commission System: I hear it is based on a points system, does anyone have a better explanation of this system? Ie, how many points for a Personal Auto, Homeowners, PLUP etc.?
submitted by DapperHovercraft2457 to AllState [link] [comments]
I am currently an account representative in a State Farm office, my primary focus is intended to be Sales, but it ends up being 90% Service (Back and forth with Underwriters, taking payments, assisting with claims, etc.) Can I expect this position to be similar?
When I take an inbound call, is it a warm transfer from a lead provider or a customer that has made a conscious effort to call Allstate specifically or both?
How many calls can I expect in a typical 8 hour shift?
What does my time between calls look like? Do I have time to gather myself or is it back to back?
Do I do any service work?(Adding coverages/endorsements, answer current policy transactions)
Are the inbound callers current or new business or a mixture?
The Commission System: I hear it is based on a points system, does anyone have a better explanation of this system? Ie, how many points for a Personal Auto, Homeowners, PLUP etc.?
2024.05.15 19:04 DAREALPGF I'd really appreciate some help trying to find a reliable and affordable Hatchback for daily commutes,and city driving, preferably with Android Auto! :)
Hi!
I'm looking for a used car to share with a family member and I would highly appreciate any kind of suggestions or general help in trying to find options for a car fitting our needs! Thank you so much in advance! š
The budget isn't all that great, but i got pleasantly surprised when i found the Toyota Auris seemingly checking all the boxes and being available for even less than 15kā¬ used. After looking at it for a while i found out Toyota was a decade late in adding carplay so even the most modern Auris models don't support AA or Apple Carplay.
I was looking at Toyota cars specifically since they're so reliable buying a used car from them isn't all that risky, and because they're widely available around where i live (Finland).
I would, however, like the car to have AA if we're spending money on a recent-ish model, as otherwise we might as well just get another ~2012 trash heap to save money as from what i've seen Toyota's own entertainment & navigation systems seem pretty worthless. I mainly use Google Maps for navigation, and if the car doesn't have that as an option, i see no point in paying for a fancy touch screen navigation system that i'm never going to use. In that case, Bluetooth audio will be enough, and i'll just use my phone for navigation.
The requirements for the car are as follows:
All cars either of us have driven have been manual, but we're willing to give automatic transmission a shot as well! FWD or AWD preferred.
Fuel efficiency is a huge plus, though "good" is enough. It doesn't have to be the main focus or anything exceptional. However, the more efficient the car is, the better of course!
The main reason we want to make sure the car is solid and reliable is so we don't have to pay ourselves sick for it's maintenance. If we're considering leasing, it will be so we can make the dealership pay for any possible wear & tear. Again, we're looking for a used car that will last us a while. ^^
Again, thank you so much for anyone willing to help and take a look at this, all help is highly appreciated! š
submitted by DAREALPGF to whatcarshouldIbuy [link] [comments]
I'm looking for a used car to share with a family member and I would highly appreciate any kind of suggestions or general help in trying to find options for a car fitting our needs! Thank you so much in advance! š
The budget isn't all that great, but i got pleasantly surprised when i found the Toyota Auris seemingly checking all the boxes and being available for even less than 15kā¬ used. After looking at it for a while i found out Toyota was a decade late in adding carplay so even the most modern Auris models don't support AA or Apple Carplay.
I was looking at Toyota cars specifically since they're so reliable buying a used car from them isn't all that risky, and because they're widely available around where i live (Finland).
I would, however, like the car to have AA if we're spending money on a recent-ish model, as otherwise we might as well just get another ~2012 trash heap to save money as from what i've seen Toyota's own entertainment & navigation systems seem pretty worthless. I mainly use Google Maps for navigation, and if the car doesn't have that as an option, i see no point in paying for a fancy touch screen navigation system that i'm never going to use. In that case, Bluetooth audio will be enough, and i'll just use my phone for navigation.
The requirements for the car are as follows:
- RELIABLE BRAND & MODEL
- General Specs
All cars either of us have driven have been manual, but we're willing to give automatic transmission a shot as well! FWD or AWD preferred.
- Android auto or Bluetooth
- Decent audio system
- Fuel
Fuel efficiency is a huge plus, though "good" is enough. It doesn't have to be the main focus or anything exceptional. However, the more efficient the car is, the better of course!
- Price
The main reason we want to make sure the car is solid and reliable is so we don't have to pay ourselves sick for it's maintenance. If we're considering leasing, it will be so we can make the dealership pay for any possible wear & tear. Again, we're looking for a used car that will last us a while. ^^
Again, thank you so much for anyone willing to help and take a look at this, all help is highly appreciated! š
2024.05.15 18:43 brian1434 [For Sale] Mobile Auto Detailing
![[For Sale] Mobile Auto Detailing](https://preview.redd.it/lng8fbhucm0d1.jpeg?width=640&crop=smart&auto=webp&s=97996988cf9c1385335fc27c41f8a69fde748dab "[For Sale] Mobile Auto Detailing") | Hi there, Iām currently running a special for a basic exterior wash and interior cleaning for $45. I come to you I have my own water supplyš§and electric hookups.ā”ļø Text (602)-748-3184 to schedule an appointment. If you have any questions feel free to reach out thanks!!! We service the greater Phoenix, Peoria, Glendale and Scottsdale areas!! submitted by brian1434 to PHXList [link] [comments] |
2024.05.15 18:36 Puzzleheaded-Unit-34 Want to lease Honda civic
Hey everyone so I wanted to lease the civic sport but my credit score isnāt that great (620) few days back I went to the dealership and ran my credit report explained my situation and he only gave me 2 options.
Either co-sign with my parents (I cannot do this) Put at least 30% of the down payment of the vehicle (I donāt have this much budget)
I understand that credit score is very important for leasing but I donāt know what to do, does going to another dealer would help? the sales guy said that getting a $0 down lease deal (I havenāt taken any home or auto loan this is would be my first one if I want to) would be impossible.
The sales guy said that one of the ways to get monthly around my budget (my budget is $350) is put $3499 down and with taxes and all will come down to $320 to $350 per month and this is with co-sign on top, not sure if heās trying to lure or something.
Any advise would be appreciated.
Iāve reposted this from leasehckr as I think this would fit in this category. Thanks.
submitted by Puzzleheaded-Unit-34 to personalfinance [link] [comments]
Either co-sign with my parents (I cannot do this) Put at least 30% of the down payment of the vehicle (I donāt have this much budget)
I understand that credit score is very important for leasing but I donāt know what to do, does going to another dealer would help? the sales guy said that getting a $0 down lease deal (I havenāt taken any home or auto loan this is would be my first one if I want to) would be impossible.
The sales guy said that one of the ways to get monthly around my budget (my budget is $350) is put $3499 down and with taxes and all will come down to $320 to $350 per month and this is with co-sign on top, not sure if heās trying to lure or something.
Any advise would be appreciated.
Iāve reposted this from leasehckr as I think this would fit in this category. Thanks.
2024.05.15 18:29 Firefox72 In China Kingdom of the Planet of the Apes remains 3rd on Wednesday after adding $0.87M/$14.37M. Twilight of the Warriors leads with $1.25M(-42%)/$65.05M. Fall Guys hits a measly $31k in pre-sales for Friday. Heading for a $250k opening day and an opening weekend that is looking to barelly cross $1M
 | https://preview.redd.it/xm42us86am0d1.jpg?width=690&format=pjpg&auto=webp&s=3566c74c8df1309a7e62153b08b00b9709a2c76d submitted by Firefox72 to boxoffice [link] [comments] Daily Box Office (May 15th 2024)The market hits Ā„32.5M/$4.5M which is down -4% versus yesterday and down -32% versus last week.Fall Guys is having absolutely dissastrous pre-sales. Will have zero impact in the upcoming weekend. Robot Dreams has been confirmed for a release. https://wx2.sinaimg.cn/mw690/6b17116egy1hpq6b8u49ej21jk25sb29.jpg https://imgsli.com/MjY0MTg4 Unchanged from yesterday. In Metropolitan cities: The Last Frenzy wins Beijing and Suzhou. Twilight of The Warriors wins the rest with Shanghai, Chongqing, Hangzhou, Nanjing, Guangzhou, Shenzhen, Wuhan and Chengdu. City tiers: Unchanged from yesterday. Tier 1: Twilight of the Warriors>Kingdom of the Planet of the Apes>The Last Frenzy Tier 2: The Last Frenzy>Twilight of the Warriors>Kingdom of the Planet of the Apes Tier 3: Twilight of the Warriors>The Last Frenzy>Kingdom of the Planet of the Apes Tier 4: The Last Frenzy>Twilight of the Warriors>Kingdom of the Planet of the Apes
Kingdom of the Planet of the Apes only leading pre-sales for tomorrow in Tibet. https://i.imgur.com/5iz0As2.png Kingdom of the Planet of the ApesKingdom of the Planet of the Apes remains 3rd and keeps falling further behind the top 2.No sign so far of a strong 2nd weekend. Audience Figures: WoM figures: Maoyan: 9.0 , Taopiaopiao: 9.2 , Douban: 6.5 Initial opening weekend gender split leaning Male with around a 59-41 split. Women have however rated the movie higher by quite a big 0.5 point margin. Age wise its a somewhat balanced split all the way from the early 20's to the 40+ crowd. Ratings wise however its a U shape curve with younger people and older people rating the movie higher while the late 20's early 30's have generaly rated it lower.
Spy X Family:Spy X Family continues to trundle along now barelly ahead of Howl's Moving Castle even though it openened much higher,Audience Figures: WoM figures: Maoyan: 9.3 , Taopiaopiao: 9.5 , Douban: 7.4 In its 2nd weekend Spy X Family continues to sway towards women with a 55-45 gender split in their favor. They have also remained more favorable to the movie in ratings with a tiny 0.1 point different. The movie is predominantly leaning towards people in the 20-30 age bracket. These people have also naturaly been most favorable to the movie in reviews.
Howls Moving Castle:Howls Moving Castle as said is not less than $10k behind Spy X Family in dailies.Audience Figures: WoM figures: Maoyan: 9.7 , Taopiaopiao: 9.6 , Douban: 9.1 Howl's Moving Castle remains very women skewed with a 65-35 gender split in their favor. Women have also remained more favorable to the movie by a 0.2 margin. Continues to be dominated by people under 30 who have also rated the movie the highest with a 9.7 average.
The Last FrenzyThe Last Frenzy remains 2nd but closes the gap to Twilight. It should come out ahead in the upcoming weekend.Audience Figures: WoM figures: Maoyan: 9.2 , Taopiaopiao: 8.9 , Douban: 5.9 After the 2nd weekend The Last Frenzy's gender split remains in favor of Women with the same 52-48 split as last week. Women have continued to rate the movie more favorable by a 0.2-0.3 point margin. Age brackets wise it remains dominated by the 20-30 brackets but also has a significant portion of older brackets pulling 15%. It remains almost non existent with under 20's which make up just a 2-3% margin. People in their 30's have rated the movie the best.
Twilight of The WarriorsTwilight of The Warriors manages to keep the lead even though just barelly.Audience Figures: After the 2nd weekend Twilight of the Warriors remains faily highly rated. Still sways male with a 54-46 split. Women however have given the movie a more favorable review by a 0.3 point rating on average. Age groups wise it sways a bit younger than The Last Frenzy. Ratings wise its very consistent across the age groups with only a 0.1 variation across the under 20's to the over 40's. Scores: Maoyan: 9.3 , Taopiaopiao: 9.4 , Douban: 7.4
Other stuff:The next holywood releases currently scheduled The Fall Guy on May 17th, Civil War on June 7th, Inside Out 2 on June 21st and Despicable Me 4 on July 12thSome rumors suggest Garfield could release around Childers Day on the 1st of June. On the Japanese front Doraemon 43 is next on the list with a confirmed May 31st release which was expected as its right on the verge of Children's Day on June 1st. Haikyu!! The Movie: Decisive Battle at the Garbage Dump will release on the 15th June. My Next Life as a Villainess: All Routes Lead to Doom! The Movie will also release at some point. Release Schedule:A table including upcoming movies in the next month alongside trailers linked in the name of the movie, Want To See data from both Maoyan and Taopiaopiao alongside the Gender split and genre.Remember Want To See is not pre-sales. Its just an anticipation metric. A checkbox of sorts saying your interested in an upcoming movie. Not all movies are included since a lot are just too small to be worth covering. 520 Day(May 20th): The 20th of May is seen by many as an unofficial Valentines Day. Which means a lot of romance/drama coming out to make use of the date. Given its linked to a weekend this year many are using the chance to release as early as Friday to then link it to the Monday.
Childrens Day is more official with Children under 14 getting half a day off. It mostly sees the release of a few animated movies and this year should be no different with Doraemon releasing on the date alongside a local animation. There will probably be atleast a few more movies scheduled for that weekend including potentialy Garfield.
The Dragon Boat Festival lands on a Monday this year which means its gonna be a single day holiday linked to the weekend.
A few other noteworthy releases in June.
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2024.05.15 18:17 EntireEye6797 GX550 Overtrail+ - Buyers review first 40 miles Colorado
Picked up my Overtrail+ last night and wanted to give some thoughts to quell some of the negativity on this page. Understand that this opinion is coming from a 40 yo/m that lives in Colorado, works in a high-end office district but spends every weekend skiing, fly fishing, hunting, hiking, camping. My prior history has been with Jeep Grand Cherokee both a 2018 Summit and then 2023 Summit High Altitude V8 with every option ($80k MSRP paid $73k). Iām 6ā1 and larger frame. I am not interested in BMW/MB/RR etc due to my lifestyle. The GX OT+ is much more aggressive that it looks in pics and the road presence is somewhat dominating. Similar look to a Bronco on 33ās with the fenders and stance. Build quality is excellent, amazed how solid compared to the Jeep.
Purchased from Greenwood Village Lexus with no prior purchase history, on the list June 2023. Scott Mendlesohn is the new sales manager and is great to work with. Sounds like they have a list of approx. 70 per trim. All sold at MSRP with no ADM and in order of getting on the list no games. I was in the top 10 and one of 3 on the list for OT. Slee Off Road got the first OT and then I got the second which was OT+. Incognito with black roof, interesting point he shared was you cannot order black roofs right now on anything but Earth. They are going to do limited production runs of each color with roof. First order could be any color but now it will only be Earth that gets a black roof for a bit.
Base MSRP for Overtrail+ is $75,900. Options added were Bi-Color paint, Traffic Jam Assist $620 (I didnāt want but was correct about slow downs this morning on the highway), HUD $900, digital key $375, Mark Levinson $1,140, Cool Box $170 (preferred without but all are being delivered with it), alloy wheel locks and rubber cargo mat, +destination. All were requested items by me other than the digital key, traffic jam, cool box, black emblems, and alloy locks. I paid $81,250 which is MSRP as optioned, no mark up (some in this forum believe Options are a mark up and do not understand MSRP option pricing), and dealer did not pressure PPF, tint, nitrogen, extended warranty etc.. I declined all. Pricing is inline with my prior top of the Jeep Grand Cherokee L and I much prefer the GX. Looked at Tahoe, Yukon, Land Cruiser, various pickupās all in the same price range and slightly higher. I believe that if you intend to off road this is the clear choice.
submitted by EntireEye6797 to LexusGX [link] [comments]
Purchased from Greenwood Village Lexus with no prior purchase history, on the list June 2023. Scott Mendlesohn is the new sales manager and is great to work with. Sounds like they have a list of approx. 70 per trim. All sold at MSRP with no ADM and in order of getting on the list no games. I was in the top 10 and one of 3 on the list for OT. Slee Off Road got the first OT and then I got the second which was OT+. Incognito with black roof, interesting point he shared was you cannot order black roofs right now on anything but Earth. They are going to do limited production runs of each color with roof. First order could be any color but now it will only be Earth that gets a black roof for a bit.
Base MSRP for Overtrail+ is $75,900. Options added were Bi-Color paint, Traffic Jam Assist $620 (I didnāt want but was correct about slow downs this morning on the highway), HUD $900, digital key $375, Mark Levinson $1,140, Cool Box $170 (preferred without but all are being delivered with it), alloy wheel locks and rubber cargo mat, +destination. All were requested items by me other than the digital key, traffic jam, cool box, black emblems, and alloy locks. I paid $81,250 which is MSRP as optioned, no mark up (some in this forum believe Options are a mark up and do not understand MSRP option pricing), and dealer did not pressure PPF, tint, nitrogen, extended warranty etc.. I declined all. Pricing is inline with my prior top of the Jeep Grand Cherokee L and I much prefer the GX. Looked at Tahoe, Yukon, Land Cruiser, various pickupās all in the same price range and slightly higher. I believe that if you intend to off road this is the clear choice.
- Interior: does not have as much leather and stitching as the JGC nor does it have the upgraded headliner which I loved. I do prefer the GX interior as it is very nice and modern, Iām not as worried about it with weekend activities and dirt. Interior is very similar to what you get in similar priced pickups from GMC, Chevy, Ram. You would not be able to tell a difference between the NuLux and the Jeeps Nappa leather, will see how it ages/wear and tear. The ML sound system is ok, I have high end home stereo as well as upgraded systems in past vehicles with speakers like Focal. The McIntosh on the Jeep was probably a hair better, Iāll play with settings but I was not blown away, its fine for a car stereo and better with bass heavy songs and vocals, not much mid. Vehicle is tall and side steps are great, wider than the JGC which were useless. The windows all around feel very large and you can see everything! I have seen complaints about the hood moving, I noticed it much more on my Jeep. In my limited driving I was paying very close attention to it and wouldn't have noticed if people hadn't said anything on this forum. The Jeep I noticed immediately on my own.
- Tech: the JGC had a passenger side screen which was useless, night vision which again was useless, and a rear-view mirror camera which made me dizzy (I donāt think the GX has one). The massage seats on the GX are 100% better than they were on the Jeep, the touch screen is very responsive and intuitive, the HUD is better on the GX as you can move it up and down, make it brighter (one note on the HUD is if you lean more towards the center of the vehicle you will start to lose vision of it bc it is meant to be seen from straight on). The HUD also does much more than the JGC which only did speed/speed limit. Still playing with it but itās a great addition. Surround cameras are clear and backup functions warnings are A+. The screen is bright and clear, easy to navigate. Not sure what tech I'm missing but it has everything and more than the Jeep.
- Ride: The JGC has air suspension, and this felt equally as comfortable on my commute and highway. Noticed the same bumps and nothing more significant. As responsive if not more than the Jeep, both in steering and power vs the Hemi V8. I was worried about it being sluggish like a 4runner or old GX but it was very quick for its size. You sit higher up and more upright, but these are both things I prefer. The dealer took off the $1500 roof rack since I didnāt want it so I can only comment on road noise as is and it was not noticeable at highway speeds. Tires are also quiet for being so big.
- Complaints: being nit picky and knowing that this is all this page cares about. My complaints are as follows. Side mirrors are tall but they are a little too narrow. Front seat width (knee to knee) is sufficient but slightly narrow but I am a bigger guy. We do not have kids but the 2nd row could be considered small for full size adults on road trips, my wife dog and I wonāt have a reason to complain. Ambient lighting is hard to notice compared to the brightness and use in the JGC. Will try and add as I drive more but overall thrilled with the vehicle.
2024.05.15 17:45 TheMoatInvestor Go Digit IPO Analysis
Business
GO Digit Insurance started in 2017 as a full stack digital insurance company with GWP ( Gross Written premium) of Rs 7240cr in FY23 ( GWP growth of 49% CAGR between FY21 to FY23). Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance.
As of Dec '23, there were 4.33 crore customers who availed insurance at Go Digit since the inception in 2017. Go Digit is focused on simplifying insurance documentation with aim to ensure that the language of the insurance contract is understandable to all, including a 15 year old.
According to RedSeer report, Go Digit constitute 82.1%of the GWP written by digital full stack insurance players ( others Acko , Navi) making them the largest digital full stack insurance player in India. Go digit has 3.3% market share in FY23 in non- life GWP across all non- life insurers, and 6% market share among the motor insurers. Go Digit grew 37.5% in FY23 while the private non-life insurers (excluding standalone health insurers) overall grew by approximately 20.1% during the same period.
Product mix (in terms of GWP- FY23)
Motor 62.5% Health 10.5% Property & engineering 10.4% Liability 9.2% Personal accident 2.4% Others 5%
Go Digit has 6% market share in motor insurance, which is 6th largest motor insurer. Competitors New India has 12.2%, ICICI Lombard has 10.1%, Tata AIG 8.1%, United 7.3%, Bajaj Allianz 6.4%
https://preview.redd.it/5w4rz4jvql0d1.png?width=496&format=png&auto=webp&s=757a7d308eee61090f740997e4f50eec32156172
https://preview.redd.it/kxxtrmu0rl0d1.png?width=796&format=png&auto=webp&s=014b67866ad33890b8b4497260dd44f0f44f0152
Go Digit is present in 24 states , has relationships with 61,972 Key Distribution Partners, including approximately 58,532 POSPs ( point of sale persons- selling insurance of multiple insurance cos. ), as well as individual agents( tied to single insurance co.), corporate agents, brokers and others. Go Digit has 74 products in total.
The traditional manual underwriting processes are being disrupted by AI/ML-based risk modelling and predictive underwriting. The use of IoT and telematics is making risk analysis more efficient with the use of large data packets that can tailor personalized insurance products at flexible pricing to customers. Using AI systems that assess an application profile against large number of data points accrued from multiple sources, underwriters can gain visibility into the most relevant risk factors. Using predictive ML solutions, Go Digit is able to roll out fairly-priced quotes quickly and achieve higher profitability through their pricing strategy. Thus, AI/ ML based underwriting helps improve underwriting efficiency compared to manual traditional underwriting
Digital full stack insurance companies have been progressively gaining market share from incumbents. Go Digit GWP grew by approximately 37.5% while the private non-life insurers (excluding standalone health insurers) overall grew by 20.1% in FY23. Go Digit caters for approximately 82.1% of the GWP of the digital full stack insurance players in FY23. ( Go Digit, Acko, Navi)
Industry overview
Insurance industry
80cr Indians have access to internet, 65cr are smartphone users, 45 cr are online transactors. According to IBEF, Life insurance industry is 7,32,000 cr ( F22) in terms of GWP ( Gross Written Premium) and non-life insurance industry ( health, motor, fire, marine, others) is 2,73,060 cr (FY23), out of which health GWP is Rs 92840cr , Motor GWP is Rs 84650cr. Non- life insurance is estimated to grow at a CAGR of 15-16% till 2028. Life insurance penetration in India is 3.2% ( Japan 5.8%) and non-life penetration is 1% ( China 1.9%). Non- life insurance density (total GDPI on a per capita basis) in India is 23, for China it is 234.
Distribution mix looks like this
https://preview.redd.it/thyjaomfrl0d1.png?width=313&format=png&auto=webp&s=59d41ce433d742a95b60f2f30ce1ea38b99730c2
https://preview.redd.it/69melijhrl0d1.png?width=744&format=png&auto=webp&s=e312809d6f2dedf35637fd4a6b2ac8554d9567d8
https://preview.redd.it/gm41lerirl0d1.png?width=713&format=png&auto=webp&s=3e45d1d9564f7cda1c004eb776b1475e6d867db9
Motor insurance
The 4 Public sector insurers account for 30.2% of the Motor insurance market in Financial Year 2023 with the rest fragmented among the Private players. Among Private players, Go Digit accounted for a GWP market share of 6% FY23. In motor, competitors New India has 12.2%, ICICI Lombard has 10.1%, Tata AIG 8.1%, United 7.3%, Bajaj Allianz 6.4%
In FY23, as per Government sources, 54% of total vehicles plying on the Indian roads were estimated to be uninsured, indicating that the motor insurance market is still highly under-penetrated in India, figure for US is 14%
Health Insurance
In health, govt. players (New india, Oriental, United, National) control 48% of market, then Star health 14%. Private non-life insurers control 63.4% of the overall market share, rest 36.6% by public health insurers.
Operating Metrics
Distribution mix (count of each channel in graphic below)
Brokers & Web Aggregators 66% This channel includes retail brokers, corporate brokers and web aggregators.
Individual Agents and POSPs 13% This includes business written through insurance agency partners and POSP.
Corporate Agents 1% We also have partnerships with corporations, such as financial institutions and NBFCs
Motor Insurance Service Providers 1.1% partnerships with auto dealers that establish a point of sale presence for personal and commercial vehicle
Direct to Consumer 18.9% Customers looking to purchase insurance can do so directly from Go Digit website or through web aggregators.
Investment portfolio
Total AUM stands at Rs12670cr as on FY23 with an yield of 6.3% ( vs 7.1% of ICICI Lombard). AUM increased by 2.67 times from FY21 to FY23. As of FY23, Go Digit had invested in securities issued by the Indian government (which constituted 68.5% total investments), corporate bonds issued by corporates (which constituted 24.7% ), Additional Tier 1 bonds (which constituted 3.3% ), money market, AIF and mutual funds (which constituted 2.3%) and equity issued by corporates (which constituted 1.2%). 97% of assets in govt bonds or corporate bonds,with 72% of corporate bonds AAA rated.
https://preview.redd.it/j1doibnorl0d1.png?width=793&format=png&auto=webp&s=a0fec228ac389054c3f8f17ee93bae9f169c99dd
Combined ratio of GoDigit stands at 107.4% ( ICICI Lombard 103.2%, HDFC Ergo 121.2%) Combined ratio of public cos stands at 129.1%, private insurers at 105.9% Expense ratio of Go Digit stands at 40.2% ( that of ICICI Lombard at 32.1%, HDFC Ergo at 23.7%.). Loss ratio of FY23 is 67.2% vs 74% in FY21. Solvency ratio stands at 1.78 (ICICI 2.51, HDFC Ergo 1.81)
https://preview.redd.it/8hvhtslrrl0d1.png?width=648&format=png&auto=webp&s=6a5bc34442c8d91ea60c84a541c0de9eaadd2b97
ROA stands at 1.5% ( ICICI Lombard at 17%, HDFC Ergo 18.1%) Operating profit ratio stands at -1.3% ( vs 16% of ICICI Lombard, 8.4% of HDFC Ergo).
Total investment AUM growth of 50.5% from FY21 to FY23 to 12670cr. Gross Written Premium of Rs 7240cr, with 49.4% CAGR from FY21 to FY23.
Financials
https://preview.redd.it/6ld853cxrl0d1.png?width=609&format=png&auto=webp&s=ef59a75744b9b526494e72bc3ee35c1133f5017e
Underwriting loss of 66cr in FY23, reduced to 10cr as on 9M FY24. Investment income of 105cr in FY23. Profit after tax of 39cr in FY23, that of 130cr in 9M FY24. Branding/ ad expenses for FY23 account for Rs 11480cr ( 15% of GWP)
Points to consider
As per 9M FY24 PAT, P/E ratio comes at 145 as per price of Rs 272 per share, whereas P/E ratio for ICICI Lombard is at 41, Star health insurance at 37.
Dependence on motor insurance is 62.5% of GWP, which is little skewed towards one segment.
Operating losses / underwriting losses amount to Rs 66 cr for FY23, making Go Digit dependent on solely investment profits, which is the case for some players in the industry.
Combined ratio stands at 107.4%, tad higher than average of private insurers figures of 105%
AUM CAGR of 50.5% from FY21 to FY23 , which is commendable. GWP CAGR of 49.4% between FY21 and FY23. Co is growing real fast.
ROA stands at 1.5% as still in nascent stage vs ICICI Lombard of 17%
Despite being a newer player, Go Digit has garnered 6% market share in motor insurance, which makes them 6th largest motor insurer. ( ICICI Lombard at 10% ms stands 2nd)
Go Digit is a full stack digital insurance player, using AI/ ML to automate most of the insurance customers onboarded and claims underwritten, giving them cost advantage once they achieve considerable scale.
submitted by TheMoatInvestor to IndianStockMarket [link] [comments]
GO Digit Insurance started in 2017 as a full stack digital insurance company with GWP ( Gross Written premium) of Rs 7240cr in FY23 ( GWP growth of 49% CAGR between FY21 to FY23). Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance.
As of Dec '23, there were 4.33 crore customers who availed insurance at Go Digit since the inception in 2017. Go Digit is focused on simplifying insurance documentation with aim to ensure that the language of the insurance contract is understandable to all, including a 15 year old.
According to RedSeer report, Go Digit constitute 82.1%of the GWP written by digital full stack insurance players ( others Acko , Navi) making them the largest digital full stack insurance player in India. Go digit has 3.3% market share in FY23 in non- life GWP across all non- life insurers, and 6% market share among the motor insurers. Go Digit grew 37.5% in FY23 while the private non-life insurers (excluding standalone health insurers) overall grew by approximately 20.1% during the same period.
Product mix (in terms of GWP- FY23)
Motor 62.5% Health 10.5% Property & engineering 10.4% Liability 9.2% Personal accident 2.4% Others 5%
Go Digit has 6% market share in motor insurance, which is 6th largest motor insurer. Competitors New India has 12.2%, ICICI Lombard has 10.1%, Tata AIG 8.1%, United 7.3%, Bajaj Allianz 6.4%
https://preview.redd.it/5w4rz4jvql0d1.png?width=496&format=png&auto=webp&s=757a7d308eee61090f740997e4f50eec32156172
https://preview.redd.it/kxxtrmu0rl0d1.png?width=796&format=png&auto=webp&s=014b67866ad33890b8b4497260dd44f0f44f0152
Go Digit is present in 24 states , has relationships with 61,972 Key Distribution Partners, including approximately 58,532 POSPs ( point of sale persons- selling insurance of multiple insurance cos. ), as well as individual agents( tied to single insurance co.), corporate agents, brokers and others. Go Digit has 74 products in total.
The traditional manual underwriting processes are being disrupted by AI/ML-based risk modelling and predictive underwriting. The use of IoT and telematics is making risk analysis more efficient with the use of large data packets that can tailor personalized insurance products at flexible pricing to customers. Using AI systems that assess an application profile against large number of data points accrued from multiple sources, underwriters can gain visibility into the most relevant risk factors. Using predictive ML solutions, Go Digit is able to roll out fairly-priced quotes quickly and achieve higher profitability through their pricing strategy. Thus, AI/ ML based underwriting helps improve underwriting efficiency compared to manual traditional underwriting
Digital full stack insurance companies have been progressively gaining market share from incumbents. Go Digit GWP grew by approximately 37.5% while the private non-life insurers (excluding standalone health insurers) overall grew by 20.1% in FY23. Go Digit caters for approximately 82.1% of the GWP of the digital full stack insurance players in FY23. ( Go Digit, Acko, Navi)
Industry overview
Insurance industry
80cr Indians have access to internet, 65cr are smartphone users, 45 cr are online transactors. According to IBEF, Life insurance industry is 7,32,000 cr ( F22) in terms of GWP ( Gross Written Premium) and non-life insurance industry ( health, motor, fire, marine, others) is 2,73,060 cr (FY23), out of which health GWP is Rs 92840cr , Motor GWP is Rs 84650cr. Non- life insurance is estimated to grow at a CAGR of 15-16% till 2028. Life insurance penetration in India is 3.2% ( Japan 5.8%) and non-life penetration is 1% ( China 1.9%). Non- life insurance density (total GDPI on a per capita basis) in India is 23, for China it is 234.
Distribution mix looks like this
https://preview.redd.it/thyjaomfrl0d1.png?width=313&format=png&auto=webp&s=59d41ce433d742a95b60f2f30ce1ea38b99730c2
https://preview.redd.it/69melijhrl0d1.png?width=744&format=png&auto=webp&s=e312809d6f2dedf35637fd4a6b2ac8554d9567d8
https://preview.redd.it/gm41lerirl0d1.png?width=713&format=png&auto=webp&s=3e45d1d9564f7cda1c004eb776b1475e6d867db9
Motor insurance
The 4 Public sector insurers account for 30.2% of the Motor insurance market in Financial Year 2023 with the rest fragmented among the Private players. Among Private players, Go Digit accounted for a GWP market share of 6% FY23. In motor, competitors New India has 12.2%, ICICI Lombard has 10.1%, Tata AIG 8.1%, United 7.3%, Bajaj Allianz 6.4%
In FY23, as per Government sources, 54% of total vehicles plying on the Indian roads were estimated to be uninsured, indicating that the motor insurance market is still highly under-penetrated in India, figure for US is 14%
Health Insurance
In health, govt. players (New india, Oriental, United, National) control 48% of market, then Star health 14%. Private non-life insurers control 63.4% of the overall market share, rest 36.6% by public health insurers.
Operating Metrics
Distribution mix (count of each channel in graphic below)
Brokers & Web Aggregators 66% This channel includes retail brokers, corporate brokers and web aggregators.
Individual Agents and POSPs 13% This includes business written through insurance agency partners and POSP.
Corporate Agents 1% We also have partnerships with corporations, such as financial institutions and NBFCs
Motor Insurance Service Providers 1.1% partnerships with auto dealers that establish a point of sale presence for personal and commercial vehicle
Direct to Consumer 18.9% Customers looking to purchase insurance can do so directly from Go Digit website or through web aggregators.
Investment portfolio
Total AUM stands at Rs12670cr as on FY23 with an yield of 6.3% ( vs 7.1% of ICICI Lombard). AUM increased by 2.67 times from FY21 to FY23. As of FY23, Go Digit had invested in securities issued by the Indian government (which constituted 68.5% total investments), corporate bonds issued by corporates (which constituted 24.7% ), Additional Tier 1 bonds (which constituted 3.3% ), money market, AIF and mutual funds (which constituted 2.3%) and equity issued by corporates (which constituted 1.2%). 97% of assets in govt bonds or corporate bonds,with 72% of corporate bonds AAA rated.
https://preview.redd.it/j1doibnorl0d1.png?width=793&format=png&auto=webp&s=a0fec228ac389054c3f8f17ee93bae9f169c99dd
Combined ratio of GoDigit stands at 107.4% ( ICICI Lombard 103.2%, HDFC Ergo 121.2%) Combined ratio of public cos stands at 129.1%, private insurers at 105.9% Expense ratio of Go Digit stands at 40.2% ( that of ICICI Lombard at 32.1%, HDFC Ergo at 23.7%.). Loss ratio of FY23 is 67.2% vs 74% in FY21. Solvency ratio stands at 1.78 (ICICI 2.51, HDFC Ergo 1.81)
https://preview.redd.it/8hvhtslrrl0d1.png?width=648&format=png&auto=webp&s=6a5bc34442c8d91ea60c84a541c0de9eaadd2b97
ROA stands at 1.5% ( ICICI Lombard at 17%, HDFC Ergo 18.1%) Operating profit ratio stands at -1.3% ( vs 16% of ICICI Lombard, 8.4% of HDFC Ergo).
Total investment AUM growth of 50.5% from FY21 to FY23 to 12670cr. Gross Written Premium of Rs 7240cr, with 49.4% CAGR from FY21 to FY23.
Financials
https://preview.redd.it/6ld853cxrl0d1.png?width=609&format=png&auto=webp&s=ef59a75744b9b526494e72bc3ee35c1133f5017e
Underwriting loss of 66cr in FY23, reduced to 10cr as on 9M FY24. Investment income of 105cr in FY23. Profit after tax of 39cr in FY23, that of 130cr in 9M FY24. Branding/ ad expenses for FY23 account for Rs 11480cr ( 15% of GWP)
Points to consider
As per 9M FY24 PAT, P/E ratio comes at 145 as per price of Rs 272 per share, whereas P/E ratio for ICICI Lombard is at 41, Star health insurance at 37.
Dependence on motor insurance is 62.5% of GWP, which is little skewed towards one segment.
Operating losses / underwriting losses amount to Rs 66 cr for FY23, making Go Digit dependent on solely investment profits, which is the case for some players in the industry.
Combined ratio stands at 107.4%, tad higher than average of private insurers figures of 105%
AUM CAGR of 50.5% from FY21 to FY23 , which is commendable. GWP CAGR of 49.4% between FY21 and FY23. Co is growing real fast.
ROA stands at 1.5% as still in nascent stage vs ICICI Lombard of 17%
Despite being a newer player, Go Digit has garnered 6% market share in motor insurance, which makes them 6th largest motor insurer. ( ICICI Lombard at 10% ms stands 2nd)
Go Digit is a full stack digital insurance player, using AI/ ML to automate most of the insurance customers onboarded and claims underwritten, giving them cost advantage once they achieve considerable scale.
2024.05.15 17:44 TheMoatInvestor Go Digit Insurance IPO Analysis
 | Business submitted by TheMoatInvestor to IndianStreetBets [link] [comments] GO Digit Insurance started in 2017 as a full stack digital insurance company with GWP ( Gross Written premium) of Rs 7240cr in FY23 ( GWP growth of 49% CAGR between FY21 to FY23). Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance. As of Dec '23, there were 4.33 crore customers who availed insurance at Go Digit since the inception in 2017. Go Digit is focused on simplifying insurance documentation with aim to ensure that the language of the insurance contract is understandable to all, including a 15 year old. According to RedSeer report, Go Digit constitute 82.1%of the GWP written by digital full stack insurance players ( others Acko , Navi) making them the largest digital full stack insurance player in India. Go digit has 3.3% market share in FY23 in non- life GWP across all non- life insurers, and 6% market share among the motor insurers. Go Digit grew 37.5% in FY23 while the private non-life insurers (excluding standalone health insurers) overall grew by approximately 20.1% during the same period. Product mix (in terms of GWP- FY23) Motor 62.5% Health 10.5% Property & engineering 10.4% Liability 9.2% Personal accident 2.4% Others 5% Go Digit has 6% market share in motor insurance, which is 6th largest motor insurer. Competitors New India has 12.2%, ICICI Lombard has 10.1%, Tata AIG 8.1%, United 7.3%, Bajaj Allianz 6.4% https://preview.redd.it/fpb9ws0gtl0d1.png?width=496&format=png&auto=webp&s=569af34494bf32df0fd5287ef7932079f82e5526 https://preview.redd.it/usrylghhtl0d1.png?width=796&format=png&auto=webp&s=0af5890c82395a8fccc5e1da837526911b2bb031 Go Digit is present in 24 states , has relationships with 61,972 Key Distribution Partners, including approximately 58,532 POSPs ( point of sale persons- selling insurance of multiple insurance cos. ), as well as individual agents( tied to single insurance co.), corporate agents, brokers and others. Go Digit has 74 products in total. The traditional manual underwriting processes are being disrupted by AI/ML-based risk modelling and predictive underwriting. The use of IoT and telematics is making risk analysis more efficient with the use of large data packets that can tailor personalized insurance products at flexible pricing to customers. Using AI systems that assess an application profile against large number of data points accrued from multiple sources, underwriters can gain visibility into the most relevant risk factors. Using predictive ML solutions, Go Digit is able to roll out fairly-priced quotes quickly and achieve higher profitability through their pricing strategy. Thus, AI/ ML based underwriting helps improve underwriting efficiency compared to manual traditional underwriting Digital full stack insurance companies have been progressively gaining market share from incumbents. Go Digit GWP grew by approximately 37.5% while the private non-life insurers (excluding standalone health insurers) overall grew by 20.1% in FY23. Go Digit caters for approximately 82.1% of the GWP of the digital full stack insurance players in FY23. ( Go Digit, Acko, Navi) Industry overview Insurance industry 80cr Indians have access to internet, 65cr are smartphone users, 45 cr are online transactors. According to IBEF, Life insurance industry is 7,32,000 cr ( F22) in terms of GWP ( Gross Written Premium) and non-life insurance industry ( health, motor, fire, marine, others) is 2,73,060 cr (FY23), out of which health GWP is Rs 92840cr , Motor GWP is Rs 84650cr. https://preview.redd.it/o95adeaptl0d1.png?width=793&format=png&auto=webp&s=033e91aae0db0deb8dcbb378440506cdc15e8493 Non- life insurance is estimated to grow at a CAGR of 15-16% till 2028. Life insurance penetration in India is 3.2% ( Japan 5.8%) and non-life penetration is 1% ( China 1.9%). Non- life insurance density (total GDPI on a per capita basis) in India is 23, for China it is 234. Distribution mix looks like this https://preview.redd.it/x01fjpujtl0d1.png?width=313&format=png&auto=webp&s=a8365a90e6c62881c3bdade5da9649382b9b7e56 https://preview.redd.it/yduk21kmtl0d1.png?width=744&format=png&auto=webp&s=15302d2dea08c115d4ba433a9779d4f91f182c06 https://preview.redd.it/rn1d238ntl0d1.png?width=713&format=png&auto=webp&s=c5a7910dad08722822ca5a92c8451a51c95d1d2d Motor insurance The 4 Public sector insurers account for 30.2% of the Motor insurance market in Financial Year 2023 with the rest fragmented among the Private players. Among Private players, Go Digit accounted for a GWP market share of 6% FY23. In motor, competitors New India has 12.2%, ICICI Lombard has 10.1%, Tata AIG 8.1%, United 7.3%, Bajaj Allianz 6.4% In FY23, as per Government sources, 54% of total vehicles plying on the Indian roads were estimated to be uninsured, indicating that the motor insurance market is still highly under-penetrated in India, figure for US is 14% Health Insurance In health, govt. players (New india, Oriental, United, National) control 48% of market, then Star health 14%. Private non-life insurers control 63.4% of the overall market share, rest 36.6% by public health insurers. Operating Metrics Distribution mix (count of each channel in graphic below) Brokers & Web Aggregators 66% This channel includes retail brokers, corporate brokers and web aggregators. Individual Agents and POSPs 13% This includes business written through insurance agency partners and POSP. Corporate Agents 1% We also have partnerships with corporations, such as financial institutions and NBFCs Motor Insurance Service Providers 1.1% partnerships with auto dealers that establish a point of sale presence for personal and commercial vehicle Direct to Consumer 18.9% Customers looking to purchase insurance can do so directly from Go Digit website or through web aggregators. Investment portfolio Total AUM stands at Rs12670cr as on FY23 with an yield of 6.3% ( vs 7.1% of ICICI Lombard). AUM increased by 2.67 times from FY21 to FY23. As of FY23, Go Digit had invested in securities issued by the Indian government (which constituted 68.5% total investments), corporate bonds issued by corporates (which constituted 24.7% ), Additional Tier 1 bonds (which constituted 3.3% ), money market, AIF and mutual funds (which constituted 2.3%) and equity issued by corporates (which constituted 1.2%). 97% of assets in govt bonds or corporate bonds,with 72% of corporate bonds AAA rated. https://preview.redd.it/o95adeaptl0d1.png?width=793&format=png&auto=webp&s=033e91aae0db0deb8dcbb378440506cdc15e8493 Combined ratio of GoDigit stands at 107.4% ( ICICI Lombard 103.2%, HDFC Ergo 121.2%) Combined ratio of public cos stands at 129.1%, private insurers at 105.9% Expense ratio of Go Digit stands at 40.2% ( that of ICICI Lombard at 32.1%, HDFC Ergo at 23.7%.). Loss ratio of FY23 is 67.2% vs 74% in FY21. Solvency ratio stands at 1.78 (ICICI 2.51, HDFC Ergo 1.81) https://preview.redd.it/sw48kw6rtl0d1.png?width=648&format=png&auto=webp&s=dddb8423ad3da1e602ba011109a0d3251fa0a134 ROA stands at 1.5% ( ICICI Lombard at 17%, HDFC Ergo 18.1%) Operating profit ratio stands at -1.3% ( vs 16% of ICICI Lombard, 8.4% of HDFC Ergo). Total investment AUM growth of 50.5% from FY21 to FY23 to 12670cr. Gross Written Premium of Rs 7240cr, with 49.4% CAGR from FY21 to FY23. Financials https://preview.redd.it/0ptw17lstl0d1.png?width=609&format=png&auto=webp&s=96808ccd80051fabac413327550f7d99a771a18a Underwriting loss of 66cr in FY23, reduced to 10cr as on 9M FY24. Investment income of 105cr in FY23. Profit after tax of 39cr in FY23, that of 130cr in 9M FY24. Branding/ ad expenses for FY23 account for Rs 11480cr ( 15% of GWP) Points to consider As per 9M FY24 PAT, P/E ratio comes at 145 as per price of Rs 272 per share, whereas P/E ratio for ICICI Lombard is at 41, Star health insurance at 37. Dependence on motor insurance is 62.5% of GWP, which is little skewed towards one segment.Operating losses / underwriting losses amount to Rs 66 cr for FY23, making Go Digit dependent on solely investment profits, which is the case for some players in the industry. Combined ratio stands at 107.4%, tad higher than average of private insurers figures of 105% AUM CAGR of 50.5% from FY21 to FY23 , which is commendable. GWP CAGR of 49.4% between FY21 and FY23. Co is growing real fast. ROA stands at 1.5% as still in nascent stage vs ICICI Lombard of 17% Despite being a newer player, Go Digit has garnered 6% market share in motor insurance, which makes them 6th largest motor insurer. ( ICICI Lombard at 10% ms stands 2nd) Go Digit is a full stack digital insurance player, using AI/ ML to automate most of the insurance customers onboarded and claims underwritten, giving them cost advantage once they achieve considerable scale. |
2024.05.15 17:31 Joshh170 Minecraft Is Giving Away Free Items for the Game's 15th Anniversary
 | Minecraft will be giving away free items to players during the latter half of May to mark the game's 15th anniversary. Mojang Studios' popular sandbox experience is set to receive a major update that will introduce a host of new content. submitted by Joshh170 to GameGeeks [link] [comments] Before fully launching in late 2011, Minecraft had long been publicly available to PC users, with the very first version of the game releasing on May 17, 2009. A campaign to mark the title's upcoming 15th anniversary has just been unveiled, and those who participate in the event will be given a number of special in-game rewards. As part of Minecraft's 15th anniversary celebration, players can log in every day between May 15 and May 29 to claim a free Character Creator item. The Character Creator is Minecraft's customization system that gives players the ability to modify their skins with free and paid-for cosmetic items. Each of the 15 rewards featured in the anniversary event will represent a different year in the history of Minecraft, which is one of the best-selling game franchises of all time. Mojang Studios revealed in October 2023 that Minecraft had already surpassed 300 million sales at the time. In comparison, the title's closest rival, Rockstar Games' critically acclaimed Grand Theft Auto 5, had sold 195 million copies as of February. Minecraft's success can be attributed to several factors, such as its core promise of endless creative freedom, varied game modes, dedicated community, and regular updates. Minecraft 15th Anniversary Free Items Event Duration May 15 to May 29, 2024 The upcoming 1.21 update for Minecraft, Tricky Trials, is expected to arrive in mid-2024. Aside from implementing a long list of tweaks to things that are already in the game, this release will introduce several new blocks like the Crafter, a Redstone-powered tool that can be set up to automatically craft items. Tricky Trials will also add procedurally generated underground structures called Trial Chambers to Minecraft that will contain new Copper-related blocks and offer players new hostile areas to explore during the mid-game. This combat-focused update features two new Minecraft mob types, the Bogged and Breeze, as well. The Bogged is a moss and mushroom-covered Skeleton variant that shoots poisonous arrows and naturally spawns in either swamps or mangrove swamps. The cunning and hostile Breeze behaves like a wind-oriented version of Minecraft's Blaze mob that only appears in Trial Chambers. Breezes can deflect all forms of projectiles, which forces players to engage in close combat while avoiding the mob's explosive Wind Charge attack. |
2024.05.15 17:28 AblePost7537 How To Apply For A Kentucky FHA Loan Find an approved- FHA Lender in Kentucky
General FHA loan requirements include:
- The loan must be for a property used for your primary residence.
- The property must be appraised by an FHA-approved appraiser.
- The property must be safe, sound and secure, in compliance with minimum property standards as defined by the U.S. Department of Housing and Urban Development, or HUD.
- You must have a valid Social Security number and be a legal resident of the U.S.
- You must have a minimum credit score of 580 with a down payment of at least 3.5 percent, or a minimum credit score of 500 with a down payment of at least 10 percent.
- You may not have delinquent federal debt or judgments, or debt associated with past FHA loans.
- You must have steady employment history.
- You must make a down payment of at least 3.5 percent of the purchase price. If the down payment was gifted by a family member, documentation is required.
- You must have a DTI ratio that does not exceed limits.
- Any judgments or collections on the credit report must be resolved or satisfactorily explained.
- Any required waiting period has passed, as follows:
General FHA loan requirements include:
- The loan must be for a property used for your primary residence.
- The property must be appraised by an FHA-approved appraiser.
- The property must be safe, sound and secure, in compliance with minimum property standards as defined by the U.S. Department of Housing and Urban Development, or HUD.
- You must have a valid Social Security number and be a legal resident of the U.S.
- You must have a minimum credit score of 580 with a down payment of at least 3.5 percent, or a minimum credit score of 500 with a down payment of at least 10 percent.
- You may not have delinquent federal debt or judgments, or debt associated with past FHA loans.
- You must have steady employment history.
- You must make a down payment of at least 3.5 percent of the purchase price. If the down payment was gifted by a family member, documentation is required.
- You must have a DTI ratio that does not exceed limits.
- Any judgments or collections on the credit report must be resolved or satisfactorily explained.
- Any required waiting period has passed, as follows:
Debt-to-Income Ratio Limits
Two DTI ratio figures are calculated when considering an FHA mortgage. The front-end DTI ratio is your total monthly housing expense, which includes the mortgage principal and interest, mortgage insurance, homeowners insurance, property taxes and applicable homeowners association fees, divided by your total monthly income. The back-end DTI ratio is your total monthly debt obligation, including housing, minimum credit card payments, auto loans, student loans and any other required monthly debt payment, divided by your total monthly income.Standard FHA front- and back-end DTI limits are 31 percent and 43 percent, respectively. If you earn $3,500 per month, your front-end DTI cannot exceed $1,085 and the sum of all your monthly debt obligations cannot exceed $1,505. f Applications for borrowers with lower salaries and higher DTIs are manually underwritten. Manual underwriting means that your lender assigns a person to review your loan application and documents, versus running your information through an automated underwriting system. Manually underwritten FHA loans allow for front- and back-end DTI ratios of up to 40 percent and 50 percent, respectively. To qualify for these higher DTI limits, you will need to meet other requirements.General FHA loan requirements include:
- The loan must be for a property used for your primary residence.
- The property must be appraised by an FHA-approved appraiser.
- The property must be safe, sound and secure, in compliance with minimum property standards as defined by the U.S. Department of Housing and Urban Development, or HUD.
- You must have a valid Social Security number and be a legal resident of the U.S.
- You must have a minimum credit score of 580 with a down payment of at least 3.5 percent, or a minimum credit score of 500 with a down payment of at least 10 percent.
- You may not have delinquent federal debt or judgments, or debt associated with past FHA loans.
- You must have steady employment history.
- You must make a down payment of at least 3.5 percent of the purchase price. If the down payment was gifted by a family member, documentation is required.
- You must have a DTI ratio that does not exceed limits.
- Any judgments or collections on the credit report must be resolved or satisfactorily explained.
- Any required waiting period has passed, as follows:
2024.05.15 16:52 theneuf Touchscreen Volume Control and the Philosophy of Choice
Around the office my fellow programmers and I regularly talk about the correct amount of control to give the end user, especially when it comes to setting volume and muting audio from the UCI. There's the one who likes to give full control in an Audio menu where every input and output has a fader and meter, and there's another who prefers no control and only has the output volume on the main page with only 20ish dB's of leeway. I've been mixing live audio for a my entire adult life and prefer full control, but understand that the end user won't understand it and try to give an experience that allows them to figure out how to control the system the moment they look at the screen for the first time.
I'm curious what the opinions are of other programmers are. How much volume/mute/routing control do you give the end user. Let's say you have a hotel ballroom, community center or church basement with 4 wireless handheld microphones, HDMI audio and a Bluetooth receiver. Do you have individual controls for each input, or stick the mics on an auto mixer and only provide the output volume.
The only caveat I'll ask is that we assume that the client hasn't asked for anything, there is no scope and the sales team doesn't know the difference between a Core Nano and a toaster. It's all on us.
submitted by theneuf to QSYS [link] [comments]
I'm curious what the opinions are of other programmers are. How much volume/mute/routing control do you give the end user. Let's say you have a hotel ballroom, community center or church basement with 4 wireless handheld microphones, HDMI audio and a Bluetooth receiver. Do you have individual controls for each input, or stick the mics on an auto mixer and only provide the output volume.
The only caveat I'll ask is that we assume that the client hasn't asked for anything, there is no scope and the sales team doesn't know the difference between a Core Nano and a toaster. It's all on us.
2024.05.15 16:52 TradedMedia NNN Pro Group Brokers Close $1.3M Retail Sale In Cromwell, CT With AutoZone
The brand new AutoZone in Cromwell, CT, located at 48 Berlin Road, was recently sold for $1,309,090. The retail property spans 6,500 square feet, equating to a price per square foot of $201. NNN Pro Group, represented by Anthony D'Ambrosia, Glen Kunofsky, Josh Kanter & Stewart Hickey, facilitated the transaction.
Learn More: NNN Pro Group Brokers Close $1.3M Retail Sale In Cromwell, CT With AutoZone
submitted by TradedMedia to tradedboston [link] [comments]
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,309,090
- Address: 48 Berlin Road
- Market: Cromwell, CT
- SF: 6,500
- Price Per SF: $201
- Brokers: Anthony D'Ambrosia, Glen Kunofsky, Josh Kanter & Stewart Hickey - NNN Pro Group
Learn More: NNN Pro Group Brokers Close $1.3M Retail Sale In Cromwell, CT With AutoZone
2024.05.15 15:38 Windy_City_Bear_Down Anybody else notice tons of car sales websites get the trims wrong in their ads?
So I have a taco and am extremely happy with it, but 2 tacos are better than 1 right? So I've been browsing online for a deal if one's out there (hint: there's not). Damn near every website will have multiple ads that misrepresent the trim of the truck in their ad. Sports advertised as Pros, Off Roads listed as Sports etc... its getting ridiculous especially since the pictures clearly show the diff badges/options/interior features etc. I can't be the only one who is seeing all of this right? For the record, I normally browse using Auto Tempest so it will spit out results from multiple websites. Is there a better option for browsing Tacos for sale that I'm not aware of that's actually accurate? Thank you!
submitted by Windy_City_Bear_Down to ToyotaTacoma [link] [comments]
2024.05.15 15:22 wtsui Decoding the Confusion: How AI Legalese Decoder Can Explain the Discrepancy in Sales Tax on Home Insurance vs. Car Insurance Policies
submitted by wtsui to legalselfserve [link] [comments]2024.05.15 14:57 SLYTHERIN_RC Anybody want a 1998 Kouki with 32,851 Original miles?
 | I figured Iād see if anyone wants my Kouki. Before I continue to throw money at a car thats only been driven 50 miles in 2 yearsš³ (Pic of odometer when purchased and current mileage included) submitted by SLYTHERIN_RC to 240sx [link] [comments] Otherwise its getting paint, bodywork and rust preventive undercoating, done for $7k 1998 āKoukiā 32,851 original miles Car was totalled by insurance in 2000, rebuilt 6 months later and issued reconstructed title. It was stored and sat for 22 years, I purchased it in 2022. Fuel tank was dropped and flushed, rusted pump and fuel sender, removed and replaced. 5 speed swap done by OneMotion Auto Warminster P.A. a respected JDM shop in December 2023. Car shifts gears smoothly and operates without any issue. All Dash gauges work after the swap and car is fully functioning. Power windows, sunroof,cruise control, power mirrors Ac/Heat all function. $1800 just in parts, for the 5 speed swap. I took over a year to source the best OEM/Nismo parts and best Aftermarket parts for the 5 speed swap from canada, japan, england and the U.S. The shifter assembly has been completely rebuilt with gktech springs to remove stock play and slack. All lock cylinders pulled and rekeyed so no other 240 key opens it š„· EGR Plate installed and delete done by OneMotion Auto during 5 speed swap. They also did a full run down on the car to make sure everything works as it should plus more than I can remember off the top of my head, I have the invoice for the 5 speed swap and all other laboparts. Mechanically its mint and ready to drivešš½ Car comes with OEM front lip splitter(not attached) OEM USDM Foglights included (not attached) My stash of rare and discontinued OEM/Tomei parts, I have are not included in sale. But are available for purchase to car buyer for additional cost. 5 Speed Swap Parts List: 5 Speed OEM Trans Dust shield, Flywheel 5 speed OEM trans mount 5 speed OEM shifter gasket OEM Shifter, ring, Shift knob, shifter plate OEM Shifter rubber dust boots OEM Shifter trim bezel Nismo Trans mount rubber isolator ARP Flywheel bolts ARP Pressure Plate Bolts Clutch line/Master CylindeSlave OEM Clutch Pedal Assembly Driveshaft Shop S14 ABS Solid 1 Piece Driveshaft Wiring Specialties Auto to manual wiring harness GKTech shifter springs GKTech Brass shifter bushing Oem Brake pedal pad Leather shifter boot $150 in OEM small bushings, springs, clutch rebuild kit, shifter hardware parts etc etc etc New parts or service done in 2022-2023 prior to 5 speed swap: New EGR pipe New Spark plugs New fuel pump New fuel filter New engine belts New Brake pads New Brake rotors New Brake calipers New Brake master cylinder New thermostat Fresh oil change in August, oil filter Blutooth CD player all 4 speakers replaced, New tires all around last summer New wiper blades New Battery with 3 year warranty No trades at all!!! I have to many cars already. Serious Cash offers will be considered. Iād like $13,000 OBO cause thats what Iām out of pocket so far, but feel free to offer. The mileage has been Carfax verified, engine matched to vin and 3 independent Nissan USA Dealerships have confirmed the odometer, has never been removed or tampered. Car is rust free and I encourage any actual parties with actual money to contact me for detailed videos of vehicle. Had a bunch of people try to make me feel like a Chomo, but heres the facts. Its a real Kouki Its super low miles It runs and drives Its not a rusty shitbox Its technically one color Itās not on jack stands Its straight and body panels line up. So its in better condition than half the 240s out there. I donāt need to sell it, I just have too many cars and donāt use this one at all. |
2024.05.15 14:41 mrsauravthakur ā ļø CANADA MARCH FACTORY SALES DOWN 2.1% ON PETROLEUM, AUTOS
Full Story ā https://PiQSuite.com/reuters/canada-march-factory-sales-down-21-on-petroleum-autos
Canadian factory sales fell by 2.1% in March from February on lower sales of petroleum and coal products, as well as motor vehicles, Statistics Canada said on Wednesday.
submitted by mrsauravthakur to PiQSuite [link] [comments]
Canadian factory sales fell by 2.1% in March from February on lower sales of petroleum and coal products, as well as motor vehicles, Statistics Canada said on Wednesday.
2024.05.15 14:37 mrsauravthakur šŗšø United States Retail Sales Ex Gas/Autos (MoM) (Apr) $USD
Actual: -0.1%
Previous: 0.7%
submitted by mrsauravthakur to PiQSuite [link] [comments]
Previous: 0.7%
2024.05.15 13:30 autobgAi Elevate Your Car Photography with Autobg AI Car Image Processing Technology
Are you tired of capturing average photos of your cherished car? Struggling to convey its true magnificence and might in just one snap?
Say goodbye to lackluster car photos with Autobg! As a leading car background enhancer, its AI car image processing technology ensures your dealership stands out in the market, making an indelible impression on buyers.
Utilizing advanced AI tools, Autobg effortlessly eliminates distracting backgrounds and accentuates every detail of your carās aesthetics. Letās explore the benefits of AutoBg.ai for car photography and branding to boost your dealershipās sales.
The Challenge with Traditional Car Photography
Capturing the perfect image of a car is no easy feat, as traditional car photography presents a unique set of obstacles that can prevent you from showcasing the vehicle in its optimal form. The primary hindrances include:
- Distracting backgrounds that overshadow the carās features
- Inconsistent lighting conditions that obscure car details
- The need for snapping car photos in different backgrounds for listings
- The requirement of extensive post-processing skills to correct imperfections
Various elements can contribute to producing car images that do not effectively capture the vehicleās essence and aesthetic allure, creating challenges for car enthusiasts and dealerships seeking to present their cars compellingly.
Introducing AutoBg ā The AI Revolution in Car Photography
AutoBg is a groundbreaking tool in the AI car image processing industry, reducing car photography and editing efforts through automated retouching and background enhancement. Powered by AI, AutoBg allows users to enhance their car photos with custom backgrounds automatically, resulting in stunning images that leave a lasting impression. These car images are perfect for boosting dealershipsā sales. AutoBg also offers batch image processing, streamlining the editing process for multiple photos at once.
AutoBgās innovative technology merges with artistic expression, ushering in a new era in car photography that removes the complexity of traditional methods.
How to Use AutoBg for Optimal Results
To fully utilize this AI car background enhancer tool and achieve flawlessly enhanced car photos, follow these simple steps:
1. Login to AutoBg: Access the AutoBg platform by logging in. If you donāt have an account, setting one up is quick and easy.
2. Batch Image Upload: Use the batch upload feature to quickly edit multiple car photos with ease, saving valuable time and ensuring consistency across your portfolio.
3. Select Custom Settings: Adjust the custom settings to tailor the AI car image processing to your needs, including background removal, enhancement levels, license plate inlay, branding, and other preferences. Align the AIās capabilities with your specific vision and requirements.
4. Process & Download: Once the desired settings are applied, let Autobg work its magic. Within a short time, you will have access to processed images that highlight your car most favorably. These transformed images will be ready for download shortly.
By following these steps, you will easily enhance the quality of your car images with the incredible capabilities of AI image processing at your disposal.
Car Photos with Autobg ā Before and After
AutoBg has achieved a remarkable transformation. Before its use, car photos were often burdened with cluttered backgrounds, which overshadowed the vehicleās features. With Autobgās AI car image processing, every photo now reveals a new narrative. Distracting backgrounds are removed, colors are amplified, and the car becomes the unequivocal focus. This striking contrast highlights the vehicleās aesthetics and unique character, making each image captivating and visually stunning.
The power of AutoBgās technology in car photography is undeniable. So, what are you waiting for? Leverage this next-gen car background enhancer now to boost your dealershipās sales and ROI.
submitted by autobgAi to u/autobgAi [link] [comments]
Say goodbye to lackluster car photos with Autobg! As a leading car background enhancer, its AI car image processing technology ensures your dealership stands out in the market, making an indelible impression on buyers.
Utilizing advanced AI tools, Autobg effortlessly eliminates distracting backgrounds and accentuates every detail of your carās aesthetics. Letās explore the benefits of AutoBg.ai for car photography and branding to boost your dealershipās sales.
The Challenge with Traditional Car Photography
Capturing the perfect image of a car is no easy feat, as traditional car photography presents a unique set of obstacles that can prevent you from showcasing the vehicle in its optimal form. The primary hindrances include:
- Distracting backgrounds that overshadow the carās features
- Inconsistent lighting conditions that obscure car details
- The need for snapping car photos in different backgrounds for listings
- The requirement of extensive post-processing skills to correct imperfections
Various elements can contribute to producing car images that do not effectively capture the vehicleās essence and aesthetic allure, creating challenges for car enthusiasts and dealerships seeking to present their cars compellingly.
Introducing AutoBg ā The AI Revolution in Car Photography
AutoBg is a groundbreaking tool in the AI car image processing industry, reducing car photography and editing efforts through automated retouching and background enhancement. Powered by AI, AutoBg allows users to enhance their car photos with custom backgrounds automatically, resulting in stunning images that leave a lasting impression. These car images are perfect for boosting dealershipsā sales. AutoBg also offers batch image processing, streamlining the editing process for multiple photos at once.
AutoBgās innovative technology merges with artistic expression, ushering in a new era in car photography that removes the complexity of traditional methods.
How to Use AutoBg for Optimal Results
To fully utilize this AI car background enhancer tool and achieve flawlessly enhanced car photos, follow these simple steps:
1. Login to AutoBg: Access the AutoBg platform by logging in. If you donāt have an account, setting one up is quick and easy.
2. Batch Image Upload: Use the batch upload feature to quickly edit multiple car photos with ease, saving valuable time and ensuring consistency across your portfolio.
3. Select Custom Settings: Adjust the custom settings to tailor the AI car image processing to your needs, including background removal, enhancement levels, license plate inlay, branding, and other preferences. Align the AIās capabilities with your specific vision and requirements.
4. Process & Download: Once the desired settings are applied, let Autobg work its magic. Within a short time, you will have access to processed images that highlight your car most favorably. These transformed images will be ready for download shortly.
By following these steps, you will easily enhance the quality of your car images with the incredible capabilities of AI image processing at your disposal.
Car Photos with Autobg ā Before and After
AutoBg has achieved a remarkable transformation. Before its use, car photos were often burdened with cluttered backgrounds, which overshadowed the vehicleās features. With Autobgās AI car image processing, every photo now reveals a new narrative. Distracting backgrounds are removed, colors are amplified, and the car becomes the unequivocal focus. This striking contrast highlights the vehicleās aesthetics and unique character, making each image captivating and visually stunning.
The power of AutoBgās technology in car photography is undeniable. So, what are you waiting for? Leverage this next-gen car background enhancer now to boost your dealershipās sales and ROI.
2024.05.15 13:26 mattosmcft Buying a 330d
Hello, Iām currently looking at a 2002 bmw 330d with an automatic transmission and Iām worried about itās reliability. The car is well maintaned from what I read and itās for sale because the owner bought an f3x. Anything I should really check out other then rust? Is the auto trans really that bad? Canāt find a manual one under ā¬10kā¦
submitted by mattosmcft to e46 [link] [comments]
2024.05.15 13:20 autobgAi Revolutionizing Online Branding for Car Dealerships in 2024 with AI Car Image Processing
In today's digital age, maintaining a strong online presence is crucial for businesses, especially those in the automotive sector. For car dealerships, AI car image processing is significantly impacting sales in 2024. This innovative technology enhances your online branding, attracting potential customers and setting you apart from competitors. High-quality vehicle images are vital for online branding, and Autobg's AI car image processing technology is transforming how you present your inventory on the internet. Let's explore its impact and capabilities.
submitted by autobgAi to u/autobgAi [link] [comments]