Organizers of the 23rd annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association have solidified their agenda that covers an array of topics again this year. From the NAF Association/AFSA Non-Prime Auto Financing Survey and a look at the auto ABS market to what’s being dubbed as “Fraud Friday,” this year’s event contains three […] [Read More]

Intended to target the subprime space, MicroBilt recently launched Bank Account Verify Advantage (BAV Advantage); a new product that uses verified bank data to assist auto-finance companies and other lenders in scoring applicants. MicroBilt highlighted that BAV Advantage looks across a proprietary database of more than 150 million consumer records and 1.5 billion ACH and […] [Read More]

Along with offering an update on how its uniFI platform has been adopted, Dealertrack’s Cheryl Miller joined Nick for another podcast to discuss how dealerships and finance companies are answering the call to respond to consumer demand for transparency and ease of use. The senior vice president and general manager for Dealertrack F&I and Registration […] [Read More]

In 2019, 70 percent of surveyed truck owners said they would switch brands if their preferred pickup truck brand increased its prices by $10,000. That number is up compared to 64 percent in 2018. That is according to CarGurus’ 2019 Truck Sentiment Survey, which compared pickup truck owner brand sentiment to a similar survey the […] [Read More]

Most weekdays, I spend the day in the Cherokee Media Group office, located in a suburban office park with ample parking and space for vehicles to move about. So, my colleagues and I could be considered a target demographic for a mobile, on-demand car care service like Spiffy, which is headquartered just up the road […] [Read More]

Spanish language automotive consumer website Autoproyecto.com provides Spanish-language content such as vehicle reviews, news, and buying tips for new- and used-car purchases. Media, insights, and marketing company Jumpstart Automotive Media said it has reached an exclusive ad sales representation agreement with Autoproyecto.com as its newest publishing partner. The alliance will give manufacturers access to a […] [Read More]

The Costco Auto Program is described as a member-focused auto-buying service that offers prearranged pricing on new and select pre-owned vehicles, RVs, motorcycles and powersports products. The program offers discounts on auto parts, service and accessories for U.S. Costco members. Affinity Auto Program has operated the program since its inception in 1989. According to numbers […] [Read More]

Two positive economic trends arrived on Friday that can be crucial to dealerships delivering vehicles and finance companies adding to portfolios. The latest data connected to employment and wages prompted one expert to call it a “Goldilocks report.” Bureau of Labor Statistics commissioner William Beach reported that nonfarm payroll employment increased by 196,000 in March, […] [Read More]

With fraud continuing to be a potential problem in auto financing, 700 Credit announced this week its suite of products, including credit reports, compliance solutions, prescreen and consumer pre-qualification products and services, is now integrated within RouteOne’s IDOne solution, a full-service identity verification tool that can help manage compliance tasks. The companies highlighted IDOne from […] [Read More]

It wasn’t the strongest of starts to the year for used-vehicle sales, but the first quarter closed with the pre-owned market poised to remain at peak levels. The annualized rate of used-car sales in March was more than 39.5 million*, beating year-ago figures by roughly 200,000 units, Cox Automotive manager of economic and industry insights […] [Read More]