IRVINE, Calif. — Thirty-seven percent of today's in-market vehicle buyers said they see zero-percent financing as the most appealing incentive available, up 11 percent from last year, according to Kelley Blue Book's New-Vehicle Buyer Attitude Study on Vehicle Purchasing and Pricing released today. The study also discovered that employee-pricing programs, which were made popular by […] [Read More]

PROSPECT HEIGHTS, Ill. — HSBC recently announced that its auto finance division is launching an S&H greenpoints finance program that offers nearly eight million greenpoint members the opportunity to earn 15,000 S&H Solutions greenpoints on new and refinanced auto loans. "HSBC Auto Finance is excited to provide S&H members with a convenient and highly competitive […] [Read More]

MONTOURSVILLE, Pa. — AutoTrakk, a finance company that specializes in the subprime market, announced it has launched a new Rapid Approval System designed to expedite the approval of consumer finance applications. Robert Malcolm, AutoTrakk president, explained that the proprietary software system analyzes specific non-traditional data, in addition to stand credit information and presents its results […] [Read More]

PORTSMOUTH, Va., and BURNSVILLE, Minn. — Higher Turnover recently announced it has been selected by Northland Auto Enterprises as their premium dealer Web site solutions provider. In addition to other services, Northland Auto Enterprises also offers a Rent'T'Own program as an alternative to buy-here, pay-here. Discussing the selection of his company, Robert Jacobson, president of […] [Read More]

SARASOTA, Fla. — Carbiz has announced the speaker list for its 2006 professional development conference for dealers Nov. 5-7, at the Sirata Beach Resort on the Gulf of Mexico in St. Pete Beach, Fla. Speakers include: — Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers — Duwayne Keller, a Dale Carnegie trainer, […] [Read More]

CARY, N.C. — The advertising deadline for the first print edition of SubPrime Auto Finance News is early next week, so act fast as space is filling up. SubPrime Auto Finance News will offer articles featuring such industry players as Chase and Wells Fargo, in addition to key insights from such industry leaders as Tom […] [Read More]

AUBURN HILLS, Mich. — Chrysler is now offering zero-percent financing for consumers who have slightly less than top prime credit, but still fall into the A category, a spokesman announced this morning. The special incentive includes several high volume 2006 models, including minivans, Dodge Durangos and Jeep Commanders. "We're opening the door to a larger […] [Read More]

WASHINGTON — More than 8 out of 10 Americans (83 percent) know they have many options when it comes to vehicle financing and 58 percent feel informed about the auto financing process, according to a new public opinion survey. The survey, conducted by AWARE, a nonprofit consumer education group focused on auto financing, also found […] [Read More]

BENTONVILLE, Ark. – Though overall company and same-store revenue both grew for the first fiscal quarter ending July 31 and several dealerships were opened during that time period, executives with America's Car-Mart also pointed to several concerns when they announced its operating results this week. According to America's Car-Mart, for the three months ended July […] [Read More]

RANCHO CUCAMONGA, Calif. — While credit unions have played a major role on the auto lending side for some time, it's only been fairly recently that the industry has been making a strong concerted push to stake out a national presence on the remarketing end, according to Evan Etheridge, national sales director for Credit Union […] [Read More]