As a founding member of the eSTART Coalition in 2024, Carvana has been an integral part of the auto industry’s work to modernize the vehicle title and registration process over the last two years. And now, the online used-car retailer is also aiming to help tackle what it considers another key component of technological innovation: […] [Read More]

Consumers aren’t the only ones seeking bankruptcy protection nowadays. PrimaLend Capital Partners and Good Floor Loans announced on Wednesday that they are pursuing what the floorplan provider called “a value-maximizing sale” through a voluntary Chapter 11 proceeding in the U.S. Bankruptcy Court for the Northern District of Texas. “The Chapter 11 filing reflects a strategic […] [Read More]

Collaboration is developing again in connection with payments where auto finance and car insurance intersect. Last week, One Inc., a leading digital payments network for the insurance industry, today announced a collaboration with Copart to integrate One’s ClaimsPay platform with Copart’s Title Express and Loan Payoff system. The intentions are to modernize and expedite lienholder […] [Read More]

Allied Solutions is trying to financially support technology like artificial intelligence that can make the work life better for its clients, taking a similar path as large banking organizations. This week, one of the presenting sponsors of Used Car Week and provider of insurance, financial services, and risk management solutions for financial institutions announced a […] [Read More]

Almost 400,000 individuals have already filed for bankruptcy during the first three quarters of this year. And the newest LegalShield Consumer Stress Legal Index (CSLI) showed that trajectory might continue for the remainder of 2025 and beyond. Consumer legal stress hit its highest level in nearly five-and-a-half years, driven by a 17% surge in bankruptcy […] [Read More]

Through three quarters of the year, certified pre-owned vehicle sales are beating 2024 figures by nearly 3%, despite a precipitous month-over-month decline in September. That’s according to Cox Automotive, which said in an October analysis citing Motor Intelligence data that there were an estimated 194,020 CPO sales last month. That beat September 2024 figures by […] [Read More]

We throw the keys to the valet on this episode of the Auto Remarketing Podcast. Clint Curtis is the co-founder and CEO of Zapmoto, which provides valet pickup and delivery of vehicles for servicing at car dealerships. He joins Auto Remarketing senior editor Joe Overby for a conversation about the growth of mobile/remote service offerings […] [Read More]

Carvana has expanded its same-day vehicle-delivery service to the greater San Diego area, the online used-car retailer said Tuesday. Sharing more details, the company noted that select customers in the area can have their purchases delivered on the same day they place their order. They can also utilize as-soon-as-same-day pickup or drop-off options if they’re […] [Read More]

Perhaps with a freshly repaired vehicle, the car owner will want to hit the road and turn up the tunes, maybe via satellite radio. On Tuesday, Vehlo and SiriusXM announced a new integration that enables auto service and repair shops leveraging Vehlo’s software solutions to provide their eligible customers with a complimentary three-month trial subscription […] [Read More]

FlexPath DXP is taking its shot to solve one of the parts of the used-car industry that has struggled to gain sustained momentum. Used-vehicle leasing. On Tuesday, the company launched LeaseDXP, which it says, “brings new life to vehicle leasing.” Built on FlexPath’s newly released Single Vehicle Prequal (SVP) module and powered by its patent-pending […] [Read More]