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Robert Guerrero of ClaimBuyout on inventory opportunities for dealers via repairable vehicles
Tuesday, Jan. 13, 2026, 07:19 PM
Robert Guerrero spent nearly 14 years as an executive with Insurance Auto Auctions, so he understands the complexities of damaged vehicles, distraught owners, auto insurers and repair shops. Now as the president and co-founder of ClaimBuyout, Guerrero explained how damaged ... Listen Here
Protecting yourself when it comes to vehicle transport with Autosled VP Sam Goldenberg
Monday, Jan. 12, 2026, 05:16 PM
Imagine being a dealer and the vehicle you expected to be transported to your store isn’t on the hauler behind your showroom. And no one knows where the vehicle is. To help avoid the unfortunate situation, Autosled vice president of ... Listen Here
The hidden costs of getting paid with Dealer Pay CEO Julie Douglas
Monday, Jan. 12, 2026, 04:39 PM
As payment technologies evolve, so do the risks. Dealers are increasingly targeted by sophisticated fraud schemes, and compliance requirements are tightening. Dealer Pay CEO Julie Douglas recapped the current environment on the Live Stage presented by SYCN Auto Logistics during ... Listen Here

Primeritus Financial Services elevates McGinness to be first COO

job promotion
Friday, Dec. 7, 2018, 03:43 PM
SubPrime Auto Finance News Staff
The senior vice president of operations at Primeritus Financial Services now is the forwarding company’s first chief operating officer. The company announced on Friday that Chris McGinness has been appointed as COO effective immediately. As chief operating officer, Primeritus highlighted that ... [Read More]

Subprime originations at lowest point since 2007

subprime credit report
Thursday, Dec. 6, 2018, 03:59 PM
SubPrime Auto Finance News Staff
Not since the credit pinch triggered by the Great Recession have subprime originations been this low, giving finance companies a clear indication where in the cycle the industry currently sits. With the uptick in average credit scores for vehicle financing ... [Read More]

PODCAST: More details on KAR’s Clearplan purchase

ar-podcast-_website_4_2_7_0_1_0_0_0_4_2_1_2_1_7_0_0
Wednesday, Dec. 5, 2018, 06:54 PM
SubPrime Auto Finance News Staff
KAR Auction Services announced two major purchases in November. In this conversation at Used Car Week, we talk with three folks involved in the first of those two: KAR's purchase of Clearplan, which was announced on Nov. 12.  Clearplan is ... [Read More]

Levison: Examining repo agent effort and costs in today’s environment

strategy picture
Wednesday, Dec. 5, 2018, 03:59 PM
Mike Levison, ALS Resolvion
The relentless drive to reduce repossession related costs while, at the same time meeting the demands/expectations of regulators, may be catching up with us. As one of the largest repossession management firms, we stay very close to the dynamics of ... [Read More]

Zurich North America products now part of F&I Express

latest news
Wednesday, Dec. 5, 2018, 03:28 PM
SubPrime Auto Finance News Staff
This week, F&I Express announced that it has added Zurich North America’s F&I products to its platform of digital solutions. The company highlighted the move can provide dealerships across the country with broader technology and innovation options for accessing Zurich’s ... [Read More]

Profit key for 2019: Closer bond between F&I and service drive

polish
Wednesday, Dec. 5, 2018, 03:27 PM
SubPrime Auto Finance News Staff
At a typical dealership, the finance office might only be a few paces from the service drive. But if stores large and small want to improve their performances in 2019 and beyond, EFG Companies emphasized that personnel in both dealership ... [Read More]

NADA asks IRS for clarification over floorplan depreciation provision

bar-chart
Tuesday, Dec. 4, 2018, 04:28 PM
SubPrime Auto Finance News Staff
With less than a month remaining in the calendar year, tax matters are top of mind at the National Automobile Dealers Association. NADA recapped that the IRS recently proposed a rule on the additional first year depreciation deduction provision that ... [Read More]

What used-car financing looked like in November

contract
Monday, Dec. 3, 2018, 03:29 PM
SubPrime Auto Finance News Staff
The annual percentage rate on used-car financing in November went up more than a percentage point from a year ago, and the average amount financed climbed more than $500. That’s according to the latest auto finance data from Edmunds, as ... [Read More]

CFPB director nominee now at final Senate vote

capitol hill
Friday, Nov. 30, 2018, 03:29 PM
SubPrime Auto Finance News Staff
The process for establishing Kathleen Kraninger as the next director of the Consumer Financial Protection Bureau took another sharply, politically divided step forward on Thursday as the Senate barely approved invoking cloture to end debate about her nomination. Composition of ... [Read More]

LAUNCHER.SOLUTIONS and VinAudit.com finalize integration

partnership gears
Friday, Nov. 30, 2018, 03:25 PM
SubPrime Auto Finance News Staff
Two companies are collaborating for enhanced subprime underwriting at a lower cost. This week, LAUNCHER.SOLUTIONS, a technology provider specializing in subprime originations, announced a strategic integration partnership with VinAudit.com aimed at reducing costs incurred by subprime finance companies for vehicle ... [Read More]
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