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Advanced Dealer Solutions now part of Zurich North America’s network of F&I agencies
Wednesday, Mar. 8, 2023, 05:09 PM
SubPrime Auto Finance News Staff
This week, Advanced Dealer Solutions (ADS) announced it has signed on to represent the Zurich suite of protection products to its current and future auto and powersports dealers. ADS is a dealer development agency based in Richfield, Ohio, with specialties in F&I training and development, product structure and reinsurance management for auto, RV and powersports […] [Read More]
Crescent Bank taps Open Lending to accelerate approval process
Wednesday, Mar. 8, 2023, 05:09 PM
SubPrime Auto Finance News Staff
Open Lending finalized a partnership on Tuesday with Crescent Bank, an institution offering auto financing to consumers across 32 U.S. states. As rising interest rates and vehicle prices inhibit access to vehicle ownership for consumers in near- and non-prime credit segments, Open Lending said its Lenders Protection platform will empower Crescent Bank to finance underserved […] [Read More]
PODCAST: Copart vice president Brett Adair
Wednesday, Mar. 8, 2023, 04:00 PM
Auto Remarketing Staff
Brett Adair, who is the vice president of Copart Dealer Services, is next up on our series of podcast episodes from NADA Show 2023 in Dallas. Adair talks with Cherokee Media Group’s Joe Overby about what Copart’s dealer services business entails, the unique challenges of being a global company, what’s on Copart’s radar for 2023 […] [Read More]
PODCAST: Cars.com president Doug Miller
Wednesday, Mar. 8, 2023, 02:33 PM
Auto Remarketing Staff
Cars.com president Doug Miller joins the Auto Remarketing Podcast from NADA Show 2023, where he talks to Cherokee Media Group senior editor Joe Overby about what’s on the company’s radar for 2023, dealer pain points, how the business units of CARS complement each other and more. To listen to the conversation, click on the link […] [Read More]
Largest month-over-month growth in February’s used-car prices since 2009
Tuesday, Mar. 7, 2023, 09:13 PM
Joe Overby, Senior Editor
The last time February wholesale prices increased this much on a month-over-month basis, Barack Obama had just completed his first full month in the Oval Office.
And a 26-year-old Ben Roethlisberger had just earned his second Super Bowl ring, leading the Pittsburgh Steelers to victory over Kurt Warner and the Arizona Cardinals.
Two U.S. presidents and NFL quarterback retirements later, wholesale prices last month ... [Read More]
PODCAST: Dave Sperau of Autosled
Tuesday, Mar. 7, 2023, 08:32 PM
Auto Remarketing Staff
In another episode of the Auto Remarketing Podcast from NADA Show 2023 in Dallas, Autosled co-founder and chief revenue officer Dave Sperau talks with Cherokee Media Group senior editor Joe Overby about the auto transport/logistics space, automotive tech investment and much more. To listen to the conversation, click on the link available below. Download and subscribe […] [Read More]
ACERTUS names new COO
Tuesday, Mar. 7, 2023, 08:31 PM
Auto Remarketing Staff
ACERTUS has named an ex-Amazon executive as its new chief operating officer, as former COO Jason Caporrino will now head up the company’s new mergers and acquisitions team. Hired for the COO role is Ross Rachey, who was formerly the leader of Amazon’s Last Mile Fleet. “ACERTUS is pushing the industry forward when it comes […] [Read More]
PODCAST: CarOffer founder Bruce Thompson from NADA Show 2023
Tuesday, Mar. 7, 2023, 07:54 PM
Auto Remarketing Staff
CarOffer founder Bruce Thompson joins the Auto Remarketing Podcast from NADA Show 2023 in Dallas, where he talked with Cherokee Media Group senior editor Joe Overby about the company’s recent inspection upgrades, collaborations with parent company CarGurus, electric vehicles and more. To listen to the conversation, click on the link available below. Download and subscribe to […] [Read More]
Lane watch: Spring momentum showing via valuations & conversion rates
Tuesday, Mar. 7, 2023, 07:31 PM
Auto Remarketing Staff
Spring is buzzing on the baseball fields of Arizona and Florida as Major League Baseball prepares for the upcoming season. Spring also appears to be buzzing in the auction lanes, too, as dealers scour for inventory to make the most of tax season. Black Book reported on Tuesday that wholesale prices moved another 0.35% higher […] [Read More]
Best CPO Dealers: Brand-by-brand sales rankings
Tuesday, Mar. 7, 2023, 07:26 PM
Joe Overby, Senior Editor
To recognize the dealers leading the certified pre-owned car business, Auto Remarketing presents our annual special issue honoring “The Best CPO Dealers in the USA,” which is presented by CARS. We reached out to automakers across the CPO spectrum and requested their respective top 10 certified dealer lists based on full-year 2022 sales. We hope […] [Read More]
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