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Cox Automotive’s Andy Mayers on opportunity in subprime & elsewhere in auto finance
Friday, Oct. 3, 2025, 02:33 PM
Andy Mayers sees opportunity in subprime and other parts of auto finance. The associate vice president of business operations for retail solutions with Cox Automotive explained his reasons during this episode of the Auto Remarketing Podcast. Mayers also mentioned another ... Listen Here
The Future of EVs & More From the OEM Lens
Tuesday, Sep. 30, 2025, 07:38 PM
Laurie Harbour is a partner at Wipfli, a top 25 accounting and advisory firm, and works with automakers and suppliers on how to adjust to changing winds of automotive. Harbour joins the Auto Remarketing Podcast to discuss how automakers are ... Listen Here
Chip Perry & Dom Pope of sellmyride
Friday, Sep. 26, 2025, 03:08 PM
Chip Perry, founding president and CEO of Autotrader and former CEO of TrueCar, has a new role: chairman of sellmyride, a startup seeking to help dealers source inventory from private sellers. Perry and sellmyride founder and president Dom Pope join ... Listen Here

AFSA: Safety of conference attendees in New Orleans is ‘our top priority’

Friday, Jan. 3, 2025, 10:45 AM
SubPrime Auto Finance News Staff
Like the sentiments conveyed by the National Automobile Dealers Association, the American Financial Services Association offered a statement late on Thursday, offering sympathy to people impacted by the horrific incident earlier this week in New Orleans, which is also the ... [Read More]

Edmunds: Down payments for financed used cars edge higher in Q4

Friday, Jan. 3, 2025, 10:44 AM
SubPrime Auto Finance News Staff
Along with highlighting how many consumers are committing to a monthly payment of more than $1,000 to take delivery of a new vehicle, the newest auto finance data from Edmunds showed dealerships and finance companies coaxed a bit more of ... [Read More]

FTC collaborates with AGs in Illinois & Maryland on dealer allegations & $20M settlement

FTC sends annual report to CFPB recapping activities regarding financial acts
Thursday, Jan. 2, 2025, 11:09 AM
SubPrime Auto Finance News Staff
The Federal Trade Commission didn’t sit idle this holiday season, especially when policing car dealerships. The regulator made separate announcements before and after Christmas involving two dealer groups that operate more than a dozen stores. The first action was connected ... [Read More]

Open Lending certifies 1 millionth contract through Lenders Protection

Friday, Dec. 13, 2024, 09:34 AM
SubPrime Auto Finance News Staff
It’s been a milestone week for Open Lending Corp., which announced the certification of the 1 millionth contract through its Lenders Protection decisioning engine. Company leadership said this achievement underscores Open Lending’s ongoing efforts to empower financial institutions to grow ... [Read More]

COMMENTARY: CFPB’s message is clear about product refunds

BHPH evolution: Key to success in a recovering auto industry
Wednesday, Dec. 11, 2024, 10:28 AM
Rick Hackett
The Consumer Financial Protection Bureau (CFPB) recently released a special edition of its Supervisory Highlights, focusing a substantial portion of the auto finance industry-specific report on a longstanding issue: the servicing of auto loans with ancillary or F&I products. The ... [Read More]

Federal & state regulators revisit elder financial exploitation

latest news
Tuesday, Dec. 10, 2024, 10:32 AM
SubPrime Auto Finance News Staff
It might very well be the case that a 97-year-old consumer is applying for financing to take delivery of a $97,000 luxury SUV. Or it could be someone with illegal intentions trying to take advantage of that elderly individual. Last ... [Read More]

S&P Global Ratings offers 2025 forecast, answers worldwide economic questions

news update 2
Monday, Dec. 9, 2024, 11:18 AM
SubPrime Auto Finance News Staff
Let’s take a worldwide economic outlook courtesy of S&P Global Ratings, which touched on both domestic and international trends that could eventually impact automotive financing and retailing. Analysts said last week that economic soft landings in many major economies and ... [Read More]

RouteOne co-founder joins Lender Compliance Technologies

executive boardroom
Friday, Dec. 6, 2024, 10:42 AM
SubPrime Auto Finance News Staff
Lender Compliance Technologies (LCT) reinforced its executive team on Thursday as the previous Emerging 8 honoree continues to roll out Refund Control, a finance company-managed cloud platform for tracking and managing F&I product cancellations and consumer refunds. Joining LCT as ... [Read More]

PODCAST: Experian connects vehicle collateral quality with defaults

Friday, Dec. 6, 2024, 10:41 AM
SubPrime Auto Finance News Staff
Experian Automotive senior director Jim Maguire came to Used Car Week 2024 in Scottsdale, Ariz., with a straightforward premise for his presentation: the connection between vehicle collateral quality and the likelihood of default. After spending time with attendees, Maguire gave ... [Read More]

Experian: Affordability continues to be major factor in Q3 financing

Thursday, Dec. 5, 2024, 09:52 AM
SubPrime Auto Finance News Staff
Affordability evidently isn’t just a consideration within the subprime market. Experian highlighted on Thursday that affordability also is pushing some prime and super prime consumers to return to used vehicles. That’s just one of the findings included in Experian’s State ... [Read More]
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