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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

Ways to reach consumers who check their smartphones 150 times a day

business people using smartphones
SubPrime Auto Finance News Staff
Experian senior director of digital credit marketing Scott Gordon acknowledged the proliferation of advertising mediums means there isn’t a “silver bullet” for dealerships and finance companies to use in order to showcase their options for consumers to purchase or lease ... [Read More]

AutoFi lands another $10M in funding, heading to Canada

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SubPrime Auto Finance News Staff
Investment continues to be pushed into new technology designed to respond to how consumers want to purchase and finance their next vehicle. The newest development involves the captive associated with one of the Big 3 domestics. Financial technology company AutoFi ... [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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UPDATED: 70 finance companies already listed with SuperMoney’s new platform

car buy button
Nick Zulovich, Senior Editor
More than 70 finance companies are now included with a technology startup that’s aiming to provide consumers with an online auto financing search and booking process similar to what they already can use to secure flights or hotel rooms. SuperMoney, ... [Read More]

NJ Hyundai dealer agrees to 8 conditions in settlement with attorney general

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SubPrime Auto Finance News Staff
What law enforcement determined to be deceptive practices associated with dealership advertising of financing options recently surfaced again — this time in New Jersey. Garden State attorney general Christopher Porrino and the state’s Division of Consumer Affairs announced that a ... [Read More]

3 critical questions for repo agents about locksmiths

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SubPrime Auto Finance News Staff
The Council of Repossession Professionals (CORP) cautioned repo agencies about the potential pitfalls of using a locksmith company that might be mandated by a particular finance company client but could utilize employees who may not be aware or comply with ... [Read More]

3 reasons why KBRA remains ‘comfortable’ with ABS fundamentals

money car
SubPrime Auto Finance News Staff
Despite four factors that might make its confidence deteriorate, Kroll Bond Rating Agency (KBRA) said in a report released on Monday that it remains “comfortable” with auto loan ABS fundamentals. That assertion came within the firm’s newest structured finance research ... [Read More]

Westlake’s latest investments in technology, training

Westlake_Certification_Mentors_for SPN
SubPrime Auto Finance News Staff
As Westlake Financial Services broadened its employee training program, the finance company also recently agreed to use Equifax’s dealer intelligence platform, TradeSight, to manage and monitor its dealer relationships. TradeSight can help finance companies analyze originations, current and future dealer ... [Read More]

FICO looks to optimize deal structures with new tool

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SubPrime Auto Finance News Staff
FICO now has more than just a consumer credit score to offer auto finance companies during the origination process. Leveraging its deep analytic expertise coupled with advanced algorithms and the latest optimization technology, FICO recently highlighted its new automotive industry-specific ... [Read More]

July auto default rate continues summertime trend

market report
SubPrime Auto Finance News Staff
As what’s happened four out of the past five years, auto finance defaults made a slight uptick in July versus the previous month. The auto portion of the S&P/Experian Consumer Credit Default Indices released this week showed that defaults increased ... [Read More]

New York AG returns to making dealer settlements over F&I misdeeds

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SubPrime Auto Finance News Staff
After taking a trio of actions involving more than two dozen dealerships in the span of about a year, New York attorney general Eric Schneiderman wielded his enforcement powers again this week in association with F&I activities. Schneiderman announced a ... [Read More]

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