Vincentric awarded the Toyota brand top honors in its 14th annual Best Value in America Awards. Toyota received a total of two Best Value in America brand awards and eight model-level awards, including the Toyota Tacoma which earned honors for the 14th year in a row. For the second year in a row, the Toyota […] [Read More]

The connection of finance and technology is getting even stronger, especially for younger consumers. The latest "Expectations & Experiences" consumer trends survey from Fiserv finds that digital experiences are influencing how people manage and make decisions about borrowing and investing. The survey indicated four of the top five loan payment methods are now electronic, and […] [Read More]

U.S. Bank is now is leveraging the same technology from AutoGravity being deployed by an array of captives. U.S. Bank recently launched a digital offering on its website that allows consumers to shop for a new vehicle and get pre-approved for financing, all before actually stepping foot in a dealership. U.S. Bank’s digital financing platform […] [Read More]

With dealers likely acquiring vehicles for inventory at all times of the day, NextGear Capital is providing an enhanced path so managers can remain current on their financial commitments to be able to secure those units. This week, NextGear Capital launched what the provider is calling AutoPay, a new feature within the Account Portal, NextGear […] [Read More]

A different compact car now holds the mantle as providing the lowest monthly payment available through Wantalease.com. Site officials recently shared their February data and found that the Nissan Sentra now is priced lower than the Honda Civic; the vehicle previously holding the lowest price for the past six months. Consumers using Wanatalease.com now can […] [Read More]

Along with more discussion about how holiday marketing campaigns impact search activity, Swapalease.com released its quarterly lease trends report examining data from the fourth quarter of 2017. To go with brand trends, site analysts also determined the No. 1 reason why consumers want to change their vehicle lease situation remained the same as each of […] [Read More]

RumbleOn, an e-commerce platform where both consumers and dealers can buy, sell, trade and finance pre-owned motorcycles and other powersport vehicles, announced Wednesday that it has closed on a secured floorplan line of credit for up to $25 million with Ally Bank. The company said the new credit line will be used to acquire pre-owned […] [Read More]

For this episode — our 50th — Nick takes a trip to the “back office” with Anne Holtzman, who is the senior vice president of claim and recovery at Allied Solutions. While Hurricanes Harvey and Irma happened several months ago, some auto finance companies — especially with collateral impacted by the storms — could not begin […] [Read More]

Private equity money is flowing into all aspects of F&I, not just high-level technology involving originations, but also the potentially lucrative vehicle-service-contract segment. Southfield Capital recently announced an investment in APC Integrated Services Group, a provider of consumer marketing of vehicle service contracts on behalf of dealers, manufacturers and other partner channels. A news release […] [Read More]

Ferocious. Finesse. A game that was equal parts silky and powerful. That was Dominique Wilkins on the basketball court. Practical. That’s Wilkins, the car shopper. Though he is big fan of cars — calling them likely his “biggest weakness” — Wilkins acknowledges, “I’m a little cheap, too,” when it comes to finding one.   “So […] [Read More]