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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Copart selected as Innovator of the Year for solution that benefits entire customer base

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Nick Zulovich, Senior Editor
The newest accolade to be handed out during Used Car Week is going to an operation that’s been a publicly traded company for 25 years. But one of the reasons Copart has been successful for that span is being able ... [Read More]

Dealertrack and IAA testing integrated solution to expedite settlements and titles

car-side-window
SubPrime Auto Finance News Staff
Two operations that finance companies likely know and perhaps use their services — Dealertrack and IAA — now are working closely together. On Thursday, Dealertrack announced a new integration with IAA. The companies said bringing together two technology solutions — ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Dealer Playbook: 5 Takeaways for Auto Retailers Using AI

The May issue of Auto Remarketing — “Shifting Gears: AI’s Role in Retail Automotive” — explores how top auto retailers...
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Top 25 cities with highest & lowest ratios of delinquent credit accounts

collections
SubPrime Auto Finance News Staff
Perhaps this Experian data can be a guide for finance company collection departments and recovery operations as to the locations where more resources might be needed and locales where resources could be scaled back. Experian recently identified the top 25 ... [Read More]

FTC notes: Results of fraud study; free credit monitoring for servicemembers

Federal Trade Commission
SubPrime Auto Finance News Staff
The Federal Trade Commission recently announced a pair of development; the first in connection with one of its latest rules and the other with the fourth installment of an ongoing study. Starting Oct. 31, many members of the military now ... [Read More]

EFG Companies conducts annual Agent Council, gives 2 awards

award winner
SubPrime Auto Finance News Staff
Strategic sessions and honoring its best performers highlighted the latest event hosted by EFG Companies. The company recently held its annual Agent Council when agents from across the U.S. gather to discuss industry trends, current business challenges, best practices and ... [Read More]

MBSi launches 24/7 support for all customers

computers and business
SubPrime Auto Finance News Staff
A founding member of the Automotive Intelligence Council is making a segment of its business available 24 hours a day, seven days a week. On Monday, MBSi Corp., announced the broadening of its technical customer support hours to help clients that ... [Read More]

Westlake reaches $10B in assets, sets timeline to hit $20B

money-stack
SubPrime Auto Finance News Staff
Fueled in part by blossoming relationships with industry players such as CarGurus, Westlake Technology Holdings recently announced that it reached $10 billion in assets under management milestone ahead of its targeted goal of hitting the milestone in 2022. Westlake responded ... [Read More]

Toyota and Wells Fargo seek to help customers recently impacted by fires and tornadoes

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SubPrime Auto Finance News Staff
Both Toyota Financial Services and Wells Fargo put initiatives in place to help their customers affected by the recent series of wildfires throughout California, as well as the tornadoes that struck northern Texas last month. The Toyota captive announced in ... [Read More]

APR on new & used financing stays nearly steady in October

auto financing
SubPrime Auto Finance News Staff
As experts from ALG and Kelley Blue Book watched average transaction prices (ATP) for new models climb again in October, Edmunds noticed average interest rates for new-vehicle financing remained below 6% for the fourth month in a row. Edmunds pegged ... [Read More]

Fed reiterates timing when rate-cut impact truly surfaces

powell just before Halloween
SubPrime Auto Finance News Staff
While referencing conditions of consumers who might be purchasing particular vehicles in your inventory or are already contract holders within your portfolio, Federal Reserve chairman Jerome Powell reiterated the impacts made by policymakers involving interest rates do not necessarily fire as ... [Read More]

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