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This Month's Focus

Artificial Intelligence
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EY study shows Canadians still cautious about AI but using it more for everyday activities
Monday, May. 11, 2026, 03:00 PM
This artificial intelligence is pretty smart, eh? That sentiment might be held by at least some Canadians who are already embedding AI into everyday decisions, often in ways that extend beyond simple assistance into early autonomy, even while concerns about ... Read More
Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Tiger Okeley describes what it’s like for BHPH dealers during another turbulent year
Tuesday, May. 12, 2026, 01:47 PM
Tiger Okeley is the executive board member of Oak Motors, a buy-here, pay-here dealership that’s been in business for more than 40 years in central Indiana. Having seen boom times, recessions, and more, Okeley shared his insight to help owners ... Listen Here
SPONSORED EPISODE: Know your Buyer & Grow your Lot
Tuesday, May. 12, 2026, 09:20 AM
In this insightful episode of the Auto Remarketing Podcast, Auto Trader and KBB executives Elizabeth Stegall and David Lumpkin share findings gleaned from Cox Automotive’s unique research into shoppers who buy from Independent Dealers. Learn how shifting buyer expectations connect ... Listen Here
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here

New York AG: Automotive ranks third in 2019 consumer complaints

news pic
Monday, Mar. 2, 2020, 03:35 PM
SubPrime Auto Finance News Staff
New York Attorney General Letitia James opened National Consumer Protection Week on Monday by releasing the list of top 10 consumer fraud complaints received by her office in 2019. Automotive complaints didn’t top the list, the attorney general indicated issues ... [Read More]

New Digital Air Strike tool leverages credit data to pinpoint best vehicle for potential buyer

cars in showroom
Friday, Feb. 28, 2020, 03:44 PM
SubPrime Auto Finance News Staff
Digital Air Strike rolled out two new tools earlier this month, one specifically aimed at shortening the time of vehicle delivery when financing is involved. After 10 years of monitoring and managing consumer sentiment, Digital Air Strike said it has ... [Read More]

Carleton addresses 3 questions connected with financing and Leap Year

leap year for website
Friday, Feb. 28, 2020, 03:43 PM
SubPrime Auto Finance News Staff
Friday is Feb. 28, but it’s not the last day of February as 2020 is a Leap Year, adding an extra day in the second month of the year. To help finance companies consider an array of potential issues stemming from this ... [Read More]

UPDATED: NADA, NIADA & AFSA cheer DOD’s decision involving Military Lending Act and GAP

military photo credit Glynnis Jones Shutterstock shutterstock_587503802_0
Thursday, Feb. 27, 2020, 07:24 PM
SubPrime Auto Finance News Staff
Dealerships and finance companies now again can cater to servicemembers and their families just like any other civilian customers who finance a vehicle purchase. According to a news release distributed on Thursday afternoon, the U.S. Department of Defense has granted ... [Read More]

Top 25 cities financing oldest used vehicles

top 25 image
Thursday, Feb. 27, 2020, 03:42 PM
SubPrime Auto Finance News Staff
In its newest study of used-vehicle sales, LendingTree analyzed more than 600,000 auto-finance queries from prospective contract holders in the top 100 U.S. metro areas based on population. Analysts found the city with residents financing the oldest used vehicle on average ... [Read More]

DealerSocket revamped financing menu fueled by F&I Express integration

PrecisePrice for web
Wednesday, Feb. 26, 2020, 04:45 PM
SubPrime Auto Finance News Staff
A refreshed F&I menu was part of the newest innovations rolled out by DealerSocket at the 2020 NADA Show. That menu is connected with DealerSocket’s PrecisePrice digital retail solution and stems from an integration with F&I Express and its Express ... [Read More]

RoadVantage hires experienced rental-car professional as new operations support manager

new hire 2
Wednesday, Feb. 26, 2020, 04:43 PM
SubPrime Auto Finance News Staff
RoadVantage named its new operations support manager this week, choosing a professional with extensive experience in the rental-car industry. The F&I product provider hired Mark Johnson, who RoadVantage described as an innovative operations professional and a visionary leader with a ... [Read More]

CFPB considering more rules involving time-barred debt disclosures

compliance
Wednesday, Feb. 26, 2020, 04:41 PM
SubPrime Auto Finance News Staff
Last week, the Consumer Financial Protection Bureau shared their latest action involving collections and time-barred debt disclosures. The bureau issued a supplemental notice of proposed rulemaking (supplemental NPRM) regarding the collection of time-barred debt. The bureau proposes to prohibit collectors ... [Read More]

TransUnion: Outstanding contracts top 83 million to close 2019

auto financing
Tuesday, Feb. 25, 2020, 04:08 PM
Nick Zulovich, Senior Editor
The latest TransUnion data gives crystal clear evidence to show just how much the auto-finance market has grown during the past three years. Analysts reported 2016 closed with 75.8 million contracts in portfolios. By the close of this past year, ... [Read More]

AFIP gives annual scholarship during NADA Show 2020

award winner
Monday, Feb. 24, 2020, 04:18 PM
SubPrime Auto Finance News Staff
The Association of Finance & Insurance Professionals (AFIP) recently handed out its Jakob Murray Lange Memorial Scholarship. This year’s recipient honored during the annual Northwood University Dealer Education Awards breakfast at NADA Show 2020 in Las Vegas was Katie DeMarse, ... [Read More]

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