Last week, DealNow.com launched its new Instant Loan Lookup and Payoff Solution, designed to reshape inventory acquisition for dealers. The company highlighted this tool can address the growing challenges dealers face in sourcing quality used vehicles amid current market conditions. “Dealers are facing an unprecedented shift in inventory acquisition,” DealNow.com CEO Brad Parker said. “Our […] [Read More]

Neighbors Federal Credit Union and Point Predictive finalized a partnership last week with the auto finance provider selecting AutoPass to streamline originations. By implementing AutoPass, executives said Neighbors Credit Union will be able to approve low-risk applications without requiring onerous documentation which will make it easier, faster, and safer for their members. “Our members deserve […] [Read More]

Rohit Chopra no longer is the director of the Consumer Financial Protection Bureau, confirming the matter in a letter addressed to President Trump and posted via social media on Saturday. But before Chopra concluded his time in bureau leadership, the CFPB highlighted eight findings in a 46-page report focused on auto financing and servicemembers. How […] [Read More]

For auto transport businesses looking to simplify operations and gain a competitive edge, technology offers a winning path forward. Still, the adoption of new tools raises key questions like: Will my team adapt? Will this new tech deliver results? Will the ROI be worth it? The answer to all is a resounding “yes” — but […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with another panel discussion featuring some of the best dealers in the certified pre-owned market. Led by B. Miller of Cars Commerce, the panel included Alex Castriota of Castriota Chevrolet, Willie Green of Burien Toyota and Burien […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion about the certified pre-owned market led by Paul Brobson of Trusted Sale. Based on the theme, “modern CPO trends and tactics for optimal profit,” the panel included B. Miller of Cars Commerce, Hugh […] [Read More]

Flexcar is doing its part to save its customers money on gas. The provider of month-to-month flexible car leases announced the launch of its Flexcar Gas Saver program in partnership with Sunoco, offering drivers in New England $0.30 off per gallon at participating Sunoco locations, and a $0.20 per gallon discount for customers in southern […] [Read More]

Cox Automotive’s logistics brand is unveiling new market intelligence capabilities. Central Dispatch said the new offerings, including an artificial intelligence-powered pricing tool, application programming interface for pricing insights, enterprise data file and market report, give dealers, transportation brokers and carriers “actionable insights” to “help move their businesses forward.” The latest enhancements, Central Dispatch said, are […] [Read More]

Succession planning is one of the most critical yet often overlooked aspects of owning and operating an automotive dealership. It’s not just about preparing for the future; it’s about ensuring success today and setting the foundation for long-term stability and growth. Succession planning should be a high priority for every dealer principal, as it involves […] [Read More]

The newest research by Santander Holdings USA reinforced a long-held belief by auto finance companies, especially ones that work with consumers who might not be the wealthiest or have softer credit backgrounds: Access to a vehicle remains essential to financial prosperity. Santander made that assertion last week after its new survey findings showed middle-income consumers […] [Read More]